Rainey Center Freedom Project

Overview

Mission

The rainey center freedom project is the advocacy partner of the joseph rainey center for public policy, a public policy research organization and leadership community advancing freedom, equality, and a more perfect union where the american dream is for everyone.

What it reported doing in 2024

The rainey center freedom project connects main street to Washington, dc by bringing together citizens, state, and federal leaders to advocate for solutions in energy and economic stewardship, free and fair elections, technology, national security, economic empowerment, and healthcare policy. Our objective is to drive national dialogue on complex topics by providing advocacy and policy resources that will help maintain u.s. Global leadership while creating opportunities for all americans.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
852354103
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2020
Headquarters
Washington, DC, USA
Phone
8027529439
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate

The verdict

SUPPORTED - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 50
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 75
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42.5%; rating input score 42
  • Program expense ratio: 78.9%; rating input score 79
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 46.2%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 1.23; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -46.9% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -11.6% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 19.9% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 42.5% of revenue deployed · 78.9% of spending went to programs
  • Governance: 4 of 4 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $255K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 2 filed schedules · includes major donors
  • Filing history: 3 annual filings from 2022 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

5 people listed

Source: IRS Form 990. Selected filing: FY2024.