Arizona Free Enterprise Club
Nonprofit profile at a glance
- EIN
- 202423383
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Tempe, AZ, USA
- Phone
- 6023850757
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Government and Public Administration
Reported finances
- Revenue
- $2,560,349
- Expenses
- $2,574,193
- Assets
- $312,286
- Liabilities
- $22,019
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- SCOT MUSSI (President)
- AIMEE YENTES (Vice President)
Highest reported compensation
- SCOT MUSSI (President): $316,792 total reported compensation
- AIMEE YENTES (Vice President): $117,285 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Mission of the Organization is to advance policies that promote economic freedom and a strong and vibrant Arizona economy.
What it reported doing in 2024
The organization launched a Dont CA my AZ education campaign, which provided information to citizens throughout Arizona about the dangers of California policies being implemented in Arizona. The organization grew its grassroots operations to 15,000 activists from around the state. The organization hosted several video calls, meetings, events, lunches and a day at the legislature to educate voters on issues and provide assistance to engage their lawmakers at the legislature. The organization hosted a legislative kickoff event and hosted the Keep AZ Free Summit to promote citizen engagement and activism in Arizona. The organization engaged at the Corporation Commission, urging for the adoption of reforms to eliminate ESG and to eliminate the climate commitments adopted by Arizonas public utilities.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 96% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 68
- Accountability: 84
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.9%; rating input score 93
- Program expense ratio: 92.4%; rating input score 92
- Fundraising efficiency: $65.03 raised per $1 spent on fundraising; rating input score 82; 82nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -0.5%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 16.9%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 19.9% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 14.2% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 9.4% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 92.9% of revenue deployed · 92.4% of spending went to programs
- Governance: 1 of 1 board members independent · 5 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $2.4M in reported program spending
- Leadership: top reported pay $317K · 2 people listed · 0 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes grants and executive pay
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 16/100.