Freedomtrust
Nonprofit profile at a glance
- EIN
- 900925638
- IRS 990-EZ coverage
- 2014–2014
- Forms available
- Form 990-EZ 2014
- Location
- Denver, CO, USA
- Phone
- 2163461457
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $106,200
- Expenses
- $3,000
- Assets
- $103,200
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- THOMAS L KRANNAWITTER PHD (PRESIDENT, CEO)
- JAMES R HARRIGAN PHD (VICE PRESIDENT, COO)
People named in this filing
- THOMAS L KRANNAWITTER PHD (PRESIDENT, CEO)
- JAMES R HARRIGAN PHD (VICE PRESIDENT, COO)
- ANTONY DAVIES PHD (CHIEF ACADEMIC OFFICER)
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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Freedomtrust's goal is to offer a minimum of 100 graduate fellowships per year, which will help populate the future university environment with a sizable number of professors and faculty who will continue offering the lessons of freedom to future generations of americans.
What it reported doing in 2014
Educate high school students about politics, philosophy, and economics in a college-style presentation including both lectures and economic experiments.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 94
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 97.2%; rating input score 100; 100th percentile among comparable filings
- Total-asset coverage ratio: 34.4; rating input score 100; 100th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.