Center For Freedom and Prosperity Foundation
Nonprofit profile at a glance
- EIN
- 542009193
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Fairfax, VA, USA
- Phone
- 2022850244
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Research Institutes and Public Policy Analysis
Reported finances
- Revenue
- $190,416
- Expenses
- $134,466
- Assets
- $74,816
- Liabilities
- $46,576
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Daniel J Mitchell (Chairman & President)
- Brian Garst (Vice President)
People named in this filing
- Veronique De Rugy (Treasurer)
- Daniel J Mitchell (Chairman & President)
- Donald Boudreaux (Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See Schedule O.
Operating model
- Revenue model
- Donor-supported. 97% 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.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 100
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.1%; rating input score 55
- Program expense ratio: 78%; rating input score 78
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 29.4%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 0.56; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0.62; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 13.1% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 10.1% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: 11.3% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: 55.1% of revenue deployed · 78% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $105K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2013 to 2024
- Contacts: How to reach this organization
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.