Freedom Institute for Economic Social Justice & People Empowerment
Overview
Mission
The mission of the freedom institute is to provide economic and social justice opportunities to empower, enlighten, educate and enhance the quality of life for youth, adults and communities at large
What it reported doing in 2023
Fellowship chapel scholarship program freedom weekend
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
Nonprofit profile at a glance
- EIN
- 200112266
- IRS 990 coverage
- 2017–2023
- Forms available
- Form 990 2023
- Headquarters
- Detroit, MI, USA
- Phone
- 3133473634
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Research Institutes and Public Policy Analysis
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 10
- Transparency & Controls: 78
- Accountability: 82
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 9.8%; rating input score 10
- Program expense ratio: 11.8%; rating input score 12
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 77.8%; rating input score 78; 0th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 17.3%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 13.1% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 22.2% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 28.6% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 9.8% of revenue deployed · 11.8% of spending went to programs
- Governance: 1 of 1 board members independent · 4 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $20K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 14 of 16 current checks pass · 2 findings to review
- Schedules: 3 filed schedules
- Filing history: 3 annual filings from 2017 to 2023
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
1 person listed
Source: IRS Form 990. Selected filing: FY2023.