Project Freedom Carolinas Inc
Nonprofit profile at a glance
- EIN
- 873662663
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990 2023, Form 990-EZ 2025
- Location
- Matthews, NC, USA
- Phone
- 9809077742
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Child Abuse, Prevention
Reported finances
- Revenue
- $52,762
- Expenses
- $251,408
- Assets
- $217,917
- Liabilities
- $863
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- A Arciero (President)
People named in this filing
- A Arciero (President)
- T Turner (Treasurer)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Project Freedom was formed to address a critical unmet need for children and youth rescued from sex trafficking and sexual exploitation, including young mothers by partnering across our community to raise awareness on the immediate critical needs and to raise the needed funds to close these gaps. We liken it to being the jet fuel to the organizations on the frontlines fighting the fight to close these critical gaps.
What it reported doing in 2025
Rescued children are often unable to return home and need a safe place to stabilize and begin healing. An emergent care solution must be created to address comprehensive care including immediate medical, therapeutic, and emotional needs of these young survivors. This level of emergent care is not currently available in the Carolinas. Project Freedom will partner across a community comprehensive care eco-system to create this new model of care, giving each rescued child the opportunity to begin healing in a healthy environment.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 100
- Sustainability: 24
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: Limited
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: -376.5%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.87; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -78.7% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -39.8% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.