Civic Intelligence

Freedom and Whiskey Foundation

EIN 92-1331078 • 501(c)3 • Franklin, TN

Profile

Freedom & whiskey foundation exists to do everything possible to allow transitioning special operation forces a good life after retirement.

3381 Southall RoadFranklin, TN 37064

leipersforkdistillery.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

8th percentile

-120%

Higher net margin than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Revenue Growth

16th percentile

-53%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

-$1,586

Down $57,736 (-103%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

-$1,586

Down $57,736 (-103%) from 2023

Revenue

Down

$48,176

Down $53,769 (-53%) from 2023

Expenses

Up

$105,912

Up $60,117 (+131%) from 2023

Net Income

Down

-$57,736

Down $113,886 (-203%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0-$20KAssets 2023: $56,150Liabilities 2023: $0Net Assets 2023: $56,1502023Assets 2024: -$1,586Liabilities 2024: $0Net Assets 2024: -$1,5862024

Highlighted filing

2024

Assets-$1,586
Liabilities$0
Net Assets-$1,586

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50K-$100KRevenue 2023: $101,945Expenses 2023: $45,795Net Income 2023: $56,1502023Revenue 2024: $48,176Expenses 2024: $105,912Net Income 2024: -$57,7362024

Highlighted filing

2024

Revenue$48,176
Expenses$105,912
Net Income-$57,736

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.0
Gross Receipts
$48,176
Mission and Program Overview

Mission

Freedom & whiskey foundation exists to do everything possible to allow transitioning special operation forces a good life after retirement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$56,150$-1,586▼ $57,736
Total Assets$56,150$-1,586▼ $57,736
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$56,150$-1,586▼ $57,736
Total Net Assets Fund Balance$56,150$-1,586▼ $57,736
Total Liabilities and Net Assets / Fund Balance$56,150$-1,586▼ $57,736
Compensation and Service Providers

Board Members and Trustees

NameTitle
Phil ArmstrongPresident
Lee KennedySecretary
Jeremy SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,188
Program Service Revenue
$21,988
Investment Income
$0
Other Revenue
$0
All Other Contributions
$26,188
Change in Net Assets
$-57,736
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$105,412
Grants and Similar Amounts Paid$500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$22,600-$22,600
Travel-$7,158-$7,158
Advertising-$3,305-$3,305
Office Expenses-$1,316-$1,316
Grants to Domestic Orgs$500--$500
Other Expenses$53,392$310-$310
Total Functional Expenses$53,892$52,020$0$105,912
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Freedom and Whiskey Foundation
EIN
92-1331078
Phone
6154656456
Address
3381 SOUTHALL ROAD, FRANKLIN, TN 37064
Doing Business As
Spirit of Freedom

Signing Officer

Name
Jeremy Smith
Title
Treasurer
Phone
6154656456
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeremy Smith
Formed
2022
Legal Domicile
Tn
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Beacon Pointe Advisors LLC
Address
135 S MAIN ST STE 900, GREENVILLE, SC 29601
Preparer
Candice L Armstrong
Phone
8642351428
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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