FREEDOM INC

MADISON, WI, 53713-3098 (608) 716-7332 Est. 2003 EIN 43-2023570
P20— Human Services Form 990 501(c)(3)
www.freedom-inc.org

Mission

TO ACHIEVE SOCIAL JUSTICE THROUGH COUPLING DIRECT SERVICES WITH LEADERSHIP DEVELOPMENT AND COMMUNITY ORGANIZING.

Giving Portfolio

Total Grants
12
Total Giving
$13.6M
Recipients
8
Years Active
2022 - 2024
Avg grant: $826,183 Median: $262,500

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20244$540K $135K31
20232$525K $263K02
20226$12.5M $2.1M20

Sectors Funded

Human Services
5
Arts, Culture & Humanities
4
Philanthropy & Grantmaking
1

Top States

Wisconsin
7
Georgia
4
California
1

Grantee Size Profile

$1M - $5M
5
$500K - $1M
5

Top Grantees

$10.5M
$1.3M
$1.0M
MOVE LIKE WATER LLC
WI
$25K
MADISON METRO SCHOOL DISTRICT
WI
$5K

Grants Awarded · 10 grants

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Financials

Total Revenue
$4,944,272
Total Expenses
$5,554,422
Net Assets
$4,588,303
20 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
9.9 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 16.9%
Expenses ↑ 0.8%
Revenue Sources
Contributions 98.1% Earned revenue 0.2% Investment 1.1% Other 1.0%
Expense Breakdown
Program 62.8% Management 32.1% Fundraising 5.1%

Officers & Trustees (12)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2024 Form 990$4,944,272 $5,554,422$4,588,303
2023 Form 990$4,228,201 $5,507,815$5,154,532
2022 Form 990$7,807,611 $8,612,357$6,376,450
2022 Form 990$7,807,611 $8,612,357$6,376,450
2022 Form 990$7,807,611 $8,612,357$6,376,450
2021 Form 990$7,883,970 $6,203,135$7,181,196
2020 Form 990$8,381,174 $5,248,858$5,500,361
2019 Form 990$3,169,299 $2,882,772$2,368,045

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EIN: 43-2023570 · Source: IRS Form 990 e-file data