Freedom Net EIN 46-3864198 Form 990 (PDF) Claim this org

Freedom Net

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Empowers churches and organizations to combat human trafficking. For fiscal year 2024 it reported $400K in revenue, $350K in expenses, and $342K in net assets.Pt I

Type
Religious organization · Religion
Location
Houston, TX
Website
www.freedomchurchalliance.org
Filings
5 on file (2020–2024)
Revenue
$400KFY2024
Expenses
$350K
Net assets
$342K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-3864198 Religious organization Houston, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers churches and organizations to combat human trafficking.
Leadership
Leigh Kohler · President
Money in and out
$400K revenue, $350K expenses
Bottom line
94% program efficiency
Where the money goes · FY2024
Total revenue
$400K
Pt VIII · Ln 12
Total expenses
$350K
Pt IX · Ln 25
Net assets
$342K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $49K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs▲ +4% vs prior filing year
Operating runway
11.3mo
months of highly liquid reserves at operating expense rate▼ -11% vs prior filing year
Surplus margin
+12%
revenue over expenses, this year▼ -72% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$400K
FY2024▼ -18%
Expenses
$350K
FY2024▲ +29%
Total assets
$343K
FY2024▲ +16%
Total liabilities
$1K
FY2024▲ +261%
Total revenue
$400K
Pt VIII · Ln 12
Total expenses
$350K
Pt IX · Ln 25
Net assets
$342K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$49K
Total assetsPt X · Ln 16$343K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFreedom Net
EINHdr · item D46-3864198
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jwww.freedomchurchalliance.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X20)
Ruling yearIRS BMFSep 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Freedom Net executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $330K of program spending, described in the organization's own filed words · FY2024.
01

The Freedom Church Alliance exists to engage the Church as a unified, collaborative body to make a greater impact in the anti-human trafficking movement. We provide charitable donations to organizations whose purpose is to aid victims of human trafficking.

$330Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$400K
Total revenueLn 12$400K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$330K
Management & general6%$20K
Total functional expensesLn 25$350K

Balance Sheet

Part X · end of year
CashLn 1$331K
Total assetsLn 16$343K
Total liabilitiesLn 26$1K
Total net assetsLn 32$342K
Months of cash on handcomputed11.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $331K · Operating expenses/yr $350K
11.3 months
Where the money goes
Program services
Program services $330K · Total expenses $350K
94%
Management & General
Management & general $20K · Total expenses $350K
6%
Fundraising
Fundraising $0 · Total expenses $350K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $420K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $400K · Total revenue $400K
100%
Government reliance
Government grants — · Total revenue $400K
Earned-income share
Program service revenue $0 · Total revenue $400K
0%
Investment reliance
Investment income $0 · Total revenue $400K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $350K
0%
Growth & trend
Revenue growth (YoY)
This year $400K · Prior year $487K
-18%
Revenue CAGR
FY2020 $201K · FY2024 $400K
+19%
Net-asset trend (YoY)
End of year $342K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $400K · Expenses $350K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $343K
Net-asset ratio
Net assets $342K · Total assets $343K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $343K
0%
People & payroll
Highest Reported Total Compensation
Individual Leigh Kohler · Reported title President · Highest reported compensation $0 · Total expenses $350K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $116K · Total expenses $350K
33%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0%
Revenue growth -18%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.4%
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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$50K
Grants paid · 37 grants · $617K · 2020–2024
Elijah RisingTX · FY2024$25,750
The Joseph Project INCMI · FY2024$25,000
Rescue AmericaCO · FY2024$25,000
Demand DisruptionFY2024$20,800
Refuge for Women INCTX · FY2024$20,000
Street GraceGA · FY2024$15,000
Rescue AmericaCO · FY2023$14,250
Demand DisruptionFY2023$13,400
Elijah RisingTX · FY2023$12,500
Street GraceGA · FY2023$10,000
Refuge for Women INCTX · FY2023$9,000
Hands of JusticeTX · FY2023$8,000
Street GraceGA · FY2022$100,000
Demand DisruptionFY2022$20,000
Sojourn LandingTX · FY2022$15,600
Hands of JusticeTX · FY2022$15,000
Houston Legal AidTX · FY2022$12,500
Refuge for Women INCTX · FY2022$12,000
See all 37 grants →

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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
FY2024 (Latest)$400K revenue · viewing · ⤓ 990 PDF
FY2023$487K revenue · ⤓ 990 PDF
FY2022$373K revenue · ⤓ 990 PDF
FY2021$384K revenue · ⤓ 990 PDF
FY2020$201K 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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