Freedom INC FY2022 filing

Tax-deductible

Madison, WI501(c)(3)Human ServicesEIN 43-2023570Revenue $7.8M in FY2022

On file with the IRSfreedom-inc.org2110 Luann Lane, 53713-3098 · Madison, WITax-exempt since Sep 2003Publicly supported charity — 170(b)(1)(A)(vi)

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Freedom Inc. is a non-profit organization that provides programs and services to low- to no-income communities of color in Dane County WI. Its mission is to services persons who are most in need and do not have the resources to obtain assistance elsewhere. Its programs and services are designed to be language and culture-specific to women and youth and to inspire and empower individuals through leadership development and community organizing that will bring about social political cultural and economic change.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$1.9M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $424K a year · 6% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.9M
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
15
named funders · $2.1M
Looks good: 15 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$945K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.8M
-1.0% vs prior year
Spent
$8.6M
To programs
87%
Net assets
$6.4M
By yearFY2020–FY2024
Revenue
$7.8M
FY2022▼ -1.0%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.4M
FY2021$7.9M
FY2022$7.8M
FY2023$4.2M
FY2024$4.9M
Expenses
$8.6M
FY2022▲ +39%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.2M
FY2021$6.2M
FY2022$8.6M
FY2023$5.5M
FY2024$5.6M
Net assets
$6.4M
FY2022▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.5M
FY2021$7.2M
FY2022$6.4M
FY2023$5.2M
FY2024$4.6M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $7.5M Management & general 10% · $896K Fundraising 3% · $234K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

36 people listed on the 990; $1.9M paid to officers and key staff.

Part VII, Section A · reportable compensation
Anchor CEO
$170,769Pt VII · Sec A
Anchor/CEO
$170,769Pt VII · Sec A
Anchor CEO
$170,769Pt VII · Sec A
Chief Financial Officer
$140,480Pt VII · Sec A
Chief Financial Officer
$140,480Pt VII · Sec A
Chief Finance Office
$140,480Pt VII · Sec A
Co-Executive Director
$114,996Pt VII · Sec A
Co-Executive Director
$114,996Pt VII · Sec A

Kabzuag Vaj’s $310K as Anchor is at the 98th percentile of top reported officer pay among 3869 $1–10M human services 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 · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
M Adams———$545,038$116,115
Kabzuag Vaj$310,234$174,957$170,769$125,481$116,115
Sheur Yang$163,722$160,524$140,480$104,019—
Bianca Gomez$123,891$112,597$100,481——
Chai Moua$120,932$99,136$100,481——
Ashley Solage$120,119————
Mahnker Dahnweih$32,154$27,936$114,996——

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.

See Freedom INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers low-income women and youth of color with culturally specific programs for social change.

Questions for Freedom INC

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Provided by the organization

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4 programs · $20.0M · in their own filed words · FY2022
01

This program is gender-language-cultural-sexuality-genders specific that work to end violence against women, children, queer, gender-non-conforming, and transgender folx in the Black and Southeast Asian communities.

$6.3Mprogram expense
02

The program is gender-language-cultural-sexuality-generationspecific that work to end violence against women children queer gender-non-conforming and transgender folks in the Black and Southeast Asian communities.

$6.3Mprogram expense
03

The program is gender-language-cultural-sexuality-generationspecific that work to end violence against women children queer gender-non-conforming and transgender folks in the Black and Southeast Asian communities.

$6.3Mprogram expense
04

This program offers integrated, nonpartisan voter engagement such as civic engagement, Get-Out-the-Vote efforts, community education, and leadership development. Other activities also include community canvassing and phone banking efforts, tabling at community events, leadership retreats, and trainings.

$1.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
New Venture FundFY2024$400K
Tides FoundationFY2024$320K
Groundswell FundFY2024$150K
Total grants receivedfrom 15 funders$2.1M
See all 15 funders →
Grants paid · 36 grants · $15.3M · 2020–2024
Moving Mountains IncorporatedWI · FY2024$500,000
Unitemized GrantFY2024$100,697
Unitemized GrantFY2024$59,444
Unitemized GrantFY2024$51,700
Move Like Water LLCFY2024$25,000
Opencollective FoundationCA · FY2024$10,000
Unitemized GrantFY2024$7,400
Madison Metro School DistrictFY2024$5,251
Moving Mountains IncorporatedWI · FY2023$500,000
Unitemized GrantFY2023$63,734
Unitemized GrantFY2023$40,000
Black Feminist Future INCGA · FY2023$25,000
Unitemized GrantFY2023$23,234
Unitemized GrantFY2023$11,660
Unitemized GrantFY2023$10,006
Black Feminist Future INCGA · FY2022$3,516,583
Black Feminist Future INCGA · FY2022$3,516,583
Black Feminist Future INCGA · FY2022$3,516,583
See all 36 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$7.8M
Ln 12
Gifts and grantsLn 1h$7.7M
Fees for servicesLn 2g$72K
Investment incomeLn 3$21K
Money outPt IX
$8.6M
Ln 25
Programscol B$7.5M
Managementcol C$896K
Fundraisingcol D$234K
Owns and owesPt X
$6.4M
net assets · Ln 32
Cash and savingsLn 1–2$2.3M
Total assetsLn 16$7.3M
LiabilitiesLn 26$945K
PeoplePt VI, VII
36
listed · VII A
PaidVII A15
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.7M
Government grantsLn 1e$1.1M
Fees for servicesLn 2g$72K
Investment incomeLn 3$21K
Other incomeLn 4–11$12K
Total revenueLn 12$7.8M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$2.3M
Total assetsLn 16$7.3M
LiabilitiesLn 26$945K
Net assetsLn 32$6.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.9M$5.6M−$610K$4.6M 990 PDF
FY2023 $4.2M$5.5M−$1.3M$5.2M 990 PDF
FY2022 Viewing $7.8M$8.6M−$805K$6.4M 990 PDF
FY2021 $7.9M$6.2M$1.7M$7.2M 990 PDF
FY2020 $8.4M$5.2M$3.1M$5.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (1 part)
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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