{"success":true,"data":{"_id":824973781,"filings":[{"Organization":{"value":null,"Person":["Lora Haggard"],"Title":["Deputy Treasurer"],"Hours":[0.01],"Total Compensation":[12000],"Direct compensation":[12000],"Other compensation":[0]},"Basic":{"value":null,"mission":"Organized for the purpose of scrutinizing and highlighting emerging trends that are stifling competition, harming innovation, influencing federal and local government spending and limiting consumer choice.","year":2024,"name":"Free and Fair Markets Initiative","phone":4234433308,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"John Robinson","year_formation":2018,"state_legal_domicile":"DE","total_volunteers":0,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"PO Box 1368, Chattanooga, TN, 37402, USA","city":"Chattanooga","state":"TN","country":"USA","zip_code":37402},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":1,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":600000,"Contributions":{"value":600000,"Other contributions":600000,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":284621,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":284621,"Management services":0,"Legal":422,"Accounting":12000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":578,"Information technology":4000,"Royalties":0,"Occupancy":0,"Travel":6391,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":261230,"Digital Communications (Refund)":261228,"Bank Fees":2},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":283296,"Management And General Expenses":952,"Fundraising Expenses":373}},"Assets":{"value":398660,"Non-interest bearing cash":398660,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":62228,"Sum of Total Liabilities":0,"Accounts payable, accrued":62228,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":336432,"Net assets without donor restriction":336432,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9953446864426729,"percentile":0.915442710641006},"Fundraising Efficiency":{"score":1608.57908847185,"percentile":0.9842453463287625},"Operating Margin":{"score":0.5256316666666667,"percentile":0.9252339515179208},"Liabilities to Assets Ratio":{"score":0.15609291125269653,"percentile":0.27914296670288236},"Operating Reserve Ratio":{"score":1.4006696624634163,"percentile":0.5191343056214317},"Officer Compensation Ratio":{"score":0.04216133033050969,"percentile":0.7962376443617656},"Program Expense Growth":{"score":-0.03211678325327852,"percentile":0.23132413768282975},"Revenue Growth":{"score":0.16,"percentile":0.8600624718108342},"Asset Growth":{"score":0.5616795007024586,"percentile":0.9795490501782116},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.8062446618411186,"percentile":0.9624860735667647}},"source_xml":"202513209349301306_public.xml"},{"Organization":{"value":null,"Person":["John Robinson"],"Title":["Treasurer"],"Hours":[0.01],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"value":null,"mission":"Organized for the purpose of scrutinizing and highlighting emerging trends that are stifling competition, harming innovation, influencing federal and local government spending and limiting consumer choice.","year":2022,"name":"Free and Fair Markets Initiative","phone":4234433308,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"John Robinson","year_formation":2018,"state_legal_domicile":"DE","total_volunteers":0,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"PO Box 1368, Chattanooga, TN, 37402, USA","city":"Chattanooga","state":"TN","country":"USA","zip_code":37402},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":1,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":300000,"Contributions":{"value":300000,"Other contributions":300000,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":331652,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":331652,"Management services":0,"Legal":0,"Accounting":8000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":44,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":869,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":322739,"Digital Communications":317739,"Website":5000},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":323608,"Management And General Expenses":8044,"Fundraising Expenses":0}},"Assets":{"value":96248,"Non-interest bearing cash":96248,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":70895,"Sum of Total Liabilities":0,"Accounts payable, accrued":70895,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":25353,"Net assets without donor restriction":25353,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9757456611146623,"percentile":0.883114884841259},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.10550666666666667,"percentile":0.2177291402188731},"Liabilities to Assets Ratio":{"score":0.736586734269803,"percentile":0.08807189221166341},"Operating Reserve Ratio":{"score":0.29020780818448255,"percentile":0.15816593270481596},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6214253716982391,"percentile":0.6666657334048212}},"source_xml":"202323199349312392_public.xml"},{"Organization":{"value":null,"Person":["John Robinson"],"Title":["Treasurer"],"Hours":[1.0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"value":null,"mission":"Organized for the purpose of scrutinizing and highlighting emerging trends that are stifling competition, harming innovation, influencing federal and local government spending and limiting consumer choice.","year":2020,"name":"Free and Fair Markets Initiative","phone":4234433308,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"John Robinson","year_formation":2018,"state_legal_domicile":"DE","total_volunteers":0,"tax_period_begin":"2020-01-01T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"PO Box 1368, Chattanooga, TN, 37402, USA","city":"Chattanooga","state":"TN","country":"USA","zip_code":37402},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":1,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":300000,"Contributions":{"value":300000,"Other contributions":300000,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":335728,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":335728,"Management services":0,"Legal":2893,"Accounting":11601,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":18,"Information technology":5000,"Royalties":0,"Occupancy":0,"Travel":1541,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":314675,"Media/Digital Program":313175,"Research":1500},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":324109,"Management And General Expenses":11619,"Fundraising Expenses":0}},"Assets":{"value":13046,"Non-interest bearing cash":13046,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":182521,"Sum of Total Liabilities":0,"Accounts payable, accrued":182521,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":-169475,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9653916265548301,"percentile":0.8676173942464936},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.11909333333333333,"percentile":0.20524044878419803},"Liabilities to Assets Ratio":{"score":13.990571822780929,"percentile":0.003577322104835366},"Operating Reserve Ratio":{"score":0.03885883810703903,"percentile":0.03996213617759297},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5958082834795372,"percentile":0.5931611638548487}},"source_xml":"202113199349331456_public.xml"},{"Organization":{"value":null,"Person":["Lora Haggard"],"Title":["Deputy Treasurer"],"Hours":[0.01],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"value":null,"mission":"Organized for the purpose of scrutinizing and highlighting emerging trends that are stifling competition, harming innovation, influencing federal and local government spending and limiting consumer choice.","year":2023,"name":"Free and Fair Markets Initiative","phone":4234433308,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"John Robinson","year_formation":2018,"state_legal_domicile":"DE","total_volunteers":0,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"PO Box 1368, Chattanooga, TN, 37402, USA","city":"Chattanooga","state":"TN","country":"USA","zip_code":37402},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":1,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":300000,"Contributions":{"value":300000,"Other contributions":300000,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":304300,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":304300,"Management services":0,"Legal":760,"Accounting":12000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":291540,"Digital Communications":291432,"Bank Fees":108},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":303528,"Management And General Expenses":386,"Fundraising Expenses":386}},"Assets":{"value":42053,"Non-interest bearing cash":42053,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":21000,"Sum of Total Liabilities":0,"Accounts payable, accrued":21000,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":21053,"Net assets without donor restriction":21053,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9974630299046993,"percentile":0.9194523213005406},"Fundraising Efficiency":{"score":777.2020725388601,"percentile":0.9716838662169726},"Operating Margin":{"score":-0.014333333333333333,"percentile":0.3505130455854153},"Liabilities to Assets Ratio":{"score":0.4993698428173971,"percentile":0.13569939678778434},"Operating Reserve Ratio":{"score":0.13819585934932632,"percentile":0.08605450927285738},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":-0.018657879185398383,"percentile":0.26338752066193605},"Revenue Growth":{"score":0.0,"percentile":0.36986369252244844},"Asset Growth":{"score":0.2820811965690952,"percentile":0.9102367454322847},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6438626850433884,"percentile":0.7262851665562418}},"source_xml":"202443209349304899_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["Lora Haggard"],"Title":["Deputy Treasurer"],"Hours":[0.01],"Total Compensation":[12000],"Direct compensation":[12000],"Other compensation":[0]},"Basic":{"value":null,"mission":"Organized for the purpose of scrutinizing and highlighting emerging trends that are stifling competition, harming innovation, influencing federal and local government spending and limiting consumer choice.","year":2024,"name":"Free and Fair Markets Initiative","phone":4234433308,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"John Robinson","year_formation":2018,"state_legal_domicile":"DE","total_volunteers":0,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"PO Box 1368, Chattanooga, TN, 37402, USA","city":"Chattanooga","state":"TN","country":"USA","zip_code":37402},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":1,"Number of independent voting members":1,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":600000,"Contributions":{"value":600000,"Other contributions":600000,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":284621,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":284621,"Management services":0,"Legal":422,"Accounting":12000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":578,"Information technology":4000,"Royalties":0,"Occupancy":0,"Travel":6391,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":261230,"Digital Communications (Refund)":261228,"Bank Fees":2},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":283296,"Management And General Expenses":952,"Fundraising Expenses":373}},"Assets":{"value":398660,"Non-interest bearing cash":398660,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":62228,"Sum of Total Liabilities":0,"Accounts payable, accrued":62228,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":336432,"Net assets without donor restriction":336432,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9953446864426729,"percentile":0.915442710641006},"Fundraising Efficiency":{"score":1608.57908847185,"percentile":0.9842453463287625},"Operating Margin":{"score":0.5256316666666667,"percentile":0.9252339515179208},"Liabilities to Assets Ratio":{"score":0.15609291125269653,"percentile":0.27914296670288236},"Operating Reserve Ratio":{"score":1.4006696624634163,"percentile":0.5191343056214317},"Officer Compensation Ratio":{"score":0.04216133033050969,"percentile":0.7962376443617656},"Program Expense Growth":{"score":-0.03211678325327852,"percentile":0.23132413768282975},"Revenue Growth":{"score":0.16,"percentile":0.8600624718108342},"Asset Growth":{"score":0.5616795007024586,"percentile":0.9795490501782116},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.8062446618411186,"percentile":0.9624860735667647}},"source_xml":"202513209349301306_public.xml"},"sector":"","donation_categories":[],"zakat_policy":null},"error":null}