The Freecycle Network EIN 20-0938414 Form 990 (PDF) Claim this org

The Freecycle Network FY2024 filing

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Promotes a global sharing movement to reduce waste, conserve resources, and ease landfill burdens. For fiscal year 2024 it reported $414K in revenue, $267K in expenses, and $1.0M in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Tucson, AZ
Website
www.freecycle.org
Filings
5 on file (2021–2024)
Revenue
$414KFY2024
Expenses
$267K
Net assets
$1.0M
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-0938414 Public charity (501(c)(3)) Tucson, AZ
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Promotes a global sharing movement to reduce waste, conserve resources, and ease landfill burdens.
Leadership
Deron Beal · Executive Dir. · $113K
Money in and out
$414K revenue, $267K expenses
Bottom line
87% program efficiency
Where the money goes · FY2024
Total revenue
$414K
Pt VIII · Ln 12
Total expenses
$267K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $146K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.07 Fundraising $0.06
Program efficiency
87%
of spending reaches programs
Operating runway
41.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+35%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$414K
FY2024▲ +39%
Expenses
$267K
FY2024▼ -28%
Total assets
$1.0M
FY2024▲ +16%
Total liabilities
$18K
FY2024▲ +97%
Total revenue
$414K
Pt VIII · Ln 12
Total expenses
$267K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$146K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Freecycle Network
EINHdr · item D20-0938414
Principal addressHdr · item CTucson, AZ
WebsiteHdr · item Jwww.freecycle.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C99)
Ruling yearIRS BMFSep 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Dir.
$113,292Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Deron Beal’s $114K as Executive Dir. is at the 88th percentile of top reported officer pay among 1981 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Deron Beal$113,600$113,292$111,141
Deron Beal$104,796$102,736

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $232K of program spending, described in the organization's own filed words · FY2023.
01

The Freecycle Network makes its services available to the general public free of charge. Those services apply to a broad range of individuals. The freecycle network consists of over 11 million members in more than 100 countries with over 5,000 local groups and in numerous languages.

$232Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$212K · 51%
Contributions & grants$179K · 43%
Investment income$23K · 6%
Other revenue51%$212K
Contributions & grants43%$179K
Investment income6%$23K
Total revenueLn 12$414K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.07 Fundraising $0.06
Program services87%$232K
Management & general7%$20K
Fundraising6%$16K
Total functional expensesLn 25$267K

Balance Sheet

Part X · end of year
CashLn 1$924K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$18K
Total net assetsLn 32$1.0M
Months of cash on handcomputed41.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $924K · Operating expenses/yr $267K
41.5 months
Where the money goes
Program services
Program services $232K · Total expenses $267K
87%
Management & General
Management & general $20K · Total expenses $267K
7%
Fundraising
Fundraising $16K · Total expenses $267K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $16K · Solicited contributions (3-yr avg) $143K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $179K · Total revenue $414K
43%
Government reliance
Government grants — · Total revenue $414K
Earned-income share
Program service revenue $0 · Total revenue $414K
0%
Investment reliance
Investment income $23K · Total revenue $414K
+6%
Program self-sufficiency
Program service revenue $0 · Total expenses $267K
0%
Growth & trend
Revenue growth (YoY)
This year $414K · Prior year $297K
+39%
Net-asset trend (YoY)
End of year $1.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $414K · Expenses $267K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
Net-asset ratio
Net assets $1.0M · Total assets $1.0M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.0M
0%
People & payroll
Highest Reported Total Compensation
Individual Deron Beal · Reported title Executive Dir. · Highest reported compensation $113K · Total expenses $267K
42%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $220K · Total expenses $267K
82%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 7%
Fundraising cost ratio 9%
Revenue growth 39%
Investment management fee ratio 0%
Legal fee ratio 0.1%
Accounting fee ratio 0.6%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$41K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$427K revenue · ⤓ 990 PDF
FY2024$414K revenue · viewing · ⤓ 990 PDF
FY2023$297K revenue · ⤓ 990 PDF
FY2022$248K revenue · ⤓ 990 PDF
FY2021$357K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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