The Freedom Foundation FY2020 filing

Tax-deductible

Cedar Rapids, IA501(c)(3)Human ServicesEIN 46-3280693

This page gets seen. Tell your story. Claim this org.

The Freedom Foundation serves many needs of active duty, reserve and honorably discharged military veterans. We provide a place for veterans to interact with fellow veterans and share in the camaraderie that they have shared while proudly serving our country. We diligently work within our organization and other organizations to assist veterans with lodging, food, transportation, financial and physical/mental medical assistance. Our center provides a resource center and guidance to navigate the best path for our individuals' needs. We strive to create close interpersonal relationships, trust and an emotional safety net with all of our veterans.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$37K 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

FY2020 · 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
5 of 5
filings with a surplus
Average surplus $402K a year · 60% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$37K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 11.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $77K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$420K
Spent
$331K
To programs
91%
Net assets
$310K
By yearFY2020–FY2024
Revenue
$420K
FY2020
Revenue by fiscal year
FY2020$420K
FY2021$645K
FY2022$344K
FY2023$534K
FY2024$1.4M
Expenses
$331K
FY2020
Expenses by fiscal year
FY2020$331K
FY2021$304K
FY2022$192K
FY2023$248K
FY2024$288K
Net assets
$310K
FY2020
Net assets by fiscal year
FY2020$310K
FY2021$651K
FY2022$803K
FY2023$1.1M
FY2024$2.2M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2014.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $301K Management & general 9% · $29K Fundraising 0% · $1K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

9 people listed on the 990; $37K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO/Treasurer
$29,997Pt VII · Sec A
Executive Director
$5,769Pt VII · Sec A
Director
$1,215Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Lexi Coberly’s $62K as Executive Dir. is at the 8th 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lexi Coberly—$66,154$54,919$50,000—
Lexi Coberly$62,178————
Charles F Elias Until Oct 2020————$29,997
Lexi Coberly Eff Nov 2020————$5,769
Amanda Brant————$1,215

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 The Freedom Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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 15aNo

Programs and updates

Provides veterans with lodging, food, transportation, and medical assistance, fostering camaraderie and support.

Provided by the organization

This section is blank until The Freedom Foundation claims this page.

Know this organization? Claim it to add your story

3 program services account for $299K of program spending, described in the organization's own filed words · FY2020.
01

Veterans Emergency Assistance Program

Veterans receive financial assistance for rent(s) due to prevent eviction from their dwelling, home mortgage payments, dwelling utilities, emergency medical transporation, auto repairs, storage rental unit fees, emergency transportation, service animal medical needs, home repairs, auto insurance, auto loan payments, telephone bills, auto…

$154Kprogram expense
02

Max Betenbender Military Museum

During 2020 a museum was established to highlight all branches of the military and all conflicts from past until present. The museum displayed uniforms, military equipment, photos, and more. Additionally it also included a military library, all of which was free to the public to view.

$85Kprogram expense
03

Veterans Food Pantry & Lunch Program

Veterans receive food throughout the year through meals served as well as delivery of food pantry items to individuals that may have medical or mental health issues. During 2020, the food pantry program served 270 veterans meals through the veteran's lunch program, 716 veterans received goods from the food pantry.

$60Kprogram expense

Run this program? Claim this org to tell your story

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
Total grants receivedfrom 3 funders$77K
See all 3 funders →
Grants paid · 15 grants · $384K · 2020–2024
Unitemized GrantFY2024$41,760
Unitemized GrantFY2024$39,255
Unitemized GrantFY2024$525
Unitemized GrantFY2023$34,855
Unitemized GrantFY2023$17,736
Unitemized GrantFY2023$873
Unitemized GrantFY2022$27,890
Unitemized GrantFY2022$22,743
Unitemized GrantFY2022$1,425
Unitemized GrantFY2021$30,365
Unitemized GrantFY2021$27,408
Unitemized GrantFY2021$5,749
Unitemized GrantFY2020$112,395
Unitemized GrantFY2020$19,343
Unitemized GrantFY2020$2,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$420K
Ln 12
Gifts and grantsLn 1h$378K
Other incomeLn 4–11$42K
Investment incomeLn 3$7
Money outPt IX
$331K
Ln 25
Programscol B$301K
Managementcol C$29K
Fundraisingcol D$1K
Owns and owesPt X
$310K
net assets · Ln 32
Cash and savingsLn 1–2$305K
Total assetsLn 16$310K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$378K
Investment incomeLn 3$7
Other incomeLn 4–11$42K
Total revenueLn 12$420K
Assets in detailPt X, end of year
CashLn 1$305K
Cash and savings togetherLn 1–2$305K
Land, buildings, equipmentLn 10c$4K
Total assetsLn 16$310K
LiabilitiesLn 26$0
Net assetsLn 32$310K
OperationsPt I, VI
EmployeesI 54
VolunteersI 689
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$215K$305K
Land, buildings, equipmentLn 10c$6K$4K
Total assetsLn 16$221K$310K
LiabilitiesLn 26$0$0
Net assetsLn 32$221K$310K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$134K$134K
Pay of current officers, directors and key staffLn 5$43K$37K$4K$1K
Other salaries and wagesLn 7$4K$4K
Accounting feesLn 11c$6K$6K
Advertising and promotionLn 12$3K$2K$107
Office expensesLn 13$5K$5K
OccupancyLn 16$83K$74K$9K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$38K$36K$2K
All other expensesLn 24e$12K$12K$6
Total functional expensesLn 25$331K$301K$29K$1K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.4M$288K$1.1M$2.2M 990 PDF
FY2023 $534K$248K$286K$1.1M 990 PDF
FY2022 $344K$192K$153K$803K 990 PDF
FY2021 $645K$304K$341K$651K 990 PDF
FY2020 Viewing $420K$331K$88K$310K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $419,733 across 5 lines filed
VIII-1f All other contributions, gifts and grants$377,667
VIII-1h Total contributions, gifts and grants$377,667
VIII-3 Investment incomeExcluded from tax $7$7
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $17,435 · Unrelated business $24,624$42,059
VIII-12 Total revenueRelated to mission $17,435 · Unrelated business $24,624 · Excluded from tax $7$419,733
Part IX · Statement of functional expenses $331,294 across 11 lines filed
IX-2 Grants to domestic individualsPrograms $133,738$133,738
IX-5 Pay of current officers, directors and key staffPrograms $37,125 · Management $4,267 · Fundraising $1,281$42,673
IX-7 Other salaries and wagesPrograms $3,624$3,624
IX-11c Accounting feesManagement $6,093$6,093
IX-12 Advertising and promotionPrograms $2,491 · Management $107$2,598
IX-13 Office expensesManagement $5,049$5,049
IX-16 OccupancyPrograms $74,316 · Management $8,557$82,873
IX-22 Depreciation, depletion and amortizationPrograms $1,713$1,713
IX-23 InsuranceManagement $2,750$2,750
IX-24 Other expenses (24a–d)Programs $35,777 · Management $2,471$38,248
IX-24e All other expensesPrograms $11,929 · Management $6$11,935
IX-25 Total functional expensesPrograms $300,713 · Management $29,300 · Fundraising $1,281$331,294
Part X · Balance sheet $309,631 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $215,201$305,353
X-10c Land, buildings and equipment, netStart of year $5,991$4,278
X-16 Total assetsStart of year $221,192$309,631
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $221,192$309,631
X-33 Total liabilities and net assetsStart of year $221,192$309,631
Part XI · Reconciliation of net assets $309,631 net assets at year end
XI-1 Total revenue$419,733
XI-2 Total expenses$331,294
XI-3 Revenue less expenses$88,439
XI-4 Net assets at start of year$221,192
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$309,631

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.