Freedoms Foundation at Valley Forge

Nonprofit profile at a glance

EIN
237417351
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Valley Forge, PA, USA
Phone
6109338825
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development – Citizenship

Official website

Reported finances

Revenue
$642,687
Expenses
$470,668
Assets
$2,356,691
Liabilities
$0

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

Leadership & pay

27 people listed

Executive titles in this filing

  • MARTY BODELL (UTAH CHAPTER PRESIDENT)

People named in this filing

  • MARISA DI PIETRO (BAY STATE, MA CHAPTER SECR)
  • JILL MOLINE (CHASE COUNTY, NE CHAPTER P)
  • CARRIE TERRYBERRY (CHASE COUNTY, NE CHAPTER P)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To inform and engage citizens through transformational educational experiences grounded in american history.

What it reported doing in 2024

In 2024, fourteen programs for 764 primary school students focused on the founding of the country and establishing deeply personal connections to history. Twenty-one programs for 1,242 high school and college students focused on civic responsibility, american history, and the founding documents. In 2024, programs were held in person on our 72-acre campus in valley forge and at the union league of philadelphia. The in-person programming at both locations included nearly 79,000 hours of student instruction in civic education.(continued on schedule o)in 2024, we welcomed 314 teachers to our in-person graduate programs, including 5 seminars and 2 traveling workshops, which provide history and civic content by exposing teachers to extraordinary scholars and thinkers in programs on the constitution, american history, character development, and american values. With teachers averaging 100 students in a single school year, this means more than 31,400 students were or will be impacted by founding forward's efforts in the 2024-2025.

Operating model

Revenue model
Donor-supported. 66% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 68% for direct work, and 32% for grants.

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 some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 89
  • Accountability: 82
  • Sustainability: 84
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.6%; rating input score 81
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • 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 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Fail
    • 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: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 26.8%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 5.01; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 2.6% per year; rating input score 100; 29th percentile among comparable filings
  • Revenue growth: 2.3% per year; rating input score 100; 26th percentile among comparable filings
  • Asset growth: 6.8% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 80.6% of revenue deployed · 100% of spending went to programs
  • Governance: 18 of 18 board members independent · 4 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $471K in reported program spending
  • Leadership: top reported pay $0 · 27 people listed
  • Consistency: 14 of 15 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.