Freedom Project

Nonprofit profile at a glance

EIN
912129474
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-EZ 2016
Location
Renton, WA, USA
Phone
2063255678
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Rehabilitation Services for Offenders

Reported finances

Revenue
$3,562,331
Expenses
$3,487,711
Assets
$3,240,717
Liabilities
$845,353

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • VIDAL VINCENT (PRESIDENT)

Highest reported compensation

  • VIDAL VINCENT (PRESIDENT): $80,080 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Freedom project works alongside the community to dismantle systems of oppression and heal from the traumatic effects on people who are targeted and impacted by incarceration.

What it reported doing in 2024

The rpkc initiative focuses on those at highest risk for victimization or perpetration of gun violence across king county and tailors efforts to meet the needs of individuals and families who are directly impacted. Participants in the rpkc initiative are identified through critical incident response, street outreach efforts, law enforcement contact, hospitalization, and data from the prosecuting attorney's office. Participants are referred into the rpkc service provider network for wrap-around case management and follow-up care. Families receive emergency supports for temporary relocation, disability accommodations, vigil and funeral costs as needed.our accomplishments are : * conflict mapping and relentless engagement assignment* hotspot remediation* outreach, strategic community engagement and restoration activities* referral to and enrollment in rpkc services* healing-centered care coordination and case management* family support services* comprehensive critical incident response that includes deployment to shooting scenes, hospital, vigils, and funerals to deliver violence interruption services including de-escalation, mediation and community safety support* high-intensity engagement and support for individuals and families identified as high- risk for gun violence involvement* designated point of contact at hospital, in community hot spots and at engagement events through identified credible messengers to ensure rapid trust* referral and services linkage for high-risk individuals and families to community-based providers for restoration and case management services* increasing community capacity for serving individuals and families most directly impacted by gun violence* decreasing incidents of gun violence and negative law enforcement contact

Operating model

Revenue model
Grant-funded. 65% of the money available for current operations came from government grants.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 86
  • Accountability: 79
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.4%; rating input score 90
  • Program expense ratio: 92.3%; rating input score 92
  • Fundraising efficiency: $1,791.66 raised per $1 spent on fundraising; rating input score 98; 98th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 7th 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: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.1%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.93; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 2.3%; rating input score 74; 74th percentile among comparable filings

Growth

  • Program expense growth: 28% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 29.5% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 36.1% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 90.4% of revenue deployed · 92.3% of spending went to programs
  • Governance: 3 of 3 board members independent · 4 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $3.2M in reported program spending
  • Leadership: top reported pay $80K · 3 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.