Freedom Initiatives in Chanhassen, Minnesota (MN)
Table of contents:
| Freedom Initiatives | |
| Employer Identification Number (EIN) | 264816410 |
| Name of Organization | Freedom Initiatives |
| In Care of Name | Daniel Mckown |
| Address | 2171 Pinehurst Dr, Chanhassen, MN 55317-4579 |
| Subsection | Charitable Organization |
| Ruling Date | 10/2010 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $150,542 |
| Amount of Income | $35,726 |
| Form 990 Revenue Amount | $32,211 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Nonprofit Management |
Non-representatives - add comments:
Amount of income in 2013: $35,726 (it was $77,103 in 2012)
| This organization: | $35,726 |
| Other organizations performing similar types of work: | $204,987 |
Assets in 2013: $150,542 (it was $141,301 in 2012)
| This organization: | $150,542 |
| Other organizations performing similar types of work: | $154,245 |
Expenses in 2013: $22,970
| This organization: | $22,970 |
| Other organizations performing similar types of work: | $159,023 |
Income to expenses ratio in 2013: 1.6
| Freedom Initiatives: | 1.6 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 87.2%
| This organization: | 87.2% |
| Other organizations performing similar types of work: | 40.4% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $58,349 | $47,015 | $32,211 |
| Contributions, gifts, grants, and similar amounts received | $37,940 | $17,743 | $28,092 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $46 | $58 | $41 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $20,363 | $29,214 | $4,078 |
| Gross sales of inventory, less returns and allowances | $42,197 | $59,302 | $7,593 |
| Less: cost of goods sold | $21,834 | $30,088 | $3,515 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $21,256 | $48,394 | $22,970 |
| Total net assets | $142,680 | $141,301 | $150,542 |
| Excess/Deficit for the year | $37,093 | $-1,379 | $9,241 |
| Net assets or fund balances at beginning of year | $105,587 | $142,680 | $141,301 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $141,301 | $150,542 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $142,680 | $141,301 | $150,542 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $142,680 | $141,301 | $150,542 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $213,792 |
| Subtotal Support | $213,792 |
| Gifts, grants, contributions, and membership fees received | $213,792 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $213,967 |
| Public Support | $213,792 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $175 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $7,593 |
| Write your review! |
|
|
| Recently Added Reviews |
Veterans Of Foreign Wars Post 2766 in Breckenridge, MN
  |
|
Stalker Lake Sportsmens Club Inc in Dalton, MN
|
| Riverside Cemetery Association in Breckenridge, MN |
| Cuyuna Range Housing Inc in Ironton, MN |
|
Pets Abandoned Wanting Support in Motley, MN
|
|
Urban Agriculture International Program Inc in St Paul, MN
|
|
Lake City Music Boosters in Lake City, MN
|
|
Relapsing Polychondritis Awareness And Support Foundation in Anoka, MN
|
|
Foe River Basin Community Development Organization in St Paul, MN
|
|
Christian Actioin League Of Minnesota in Minneapolis, MN
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Arrow Child And Family Ministries, Maryland | 2929 Fm 2920 Rd, Spring, TX 77388-3428 | TX | 2003-05 | $12,852,822 |
| 2 | Comptia Investments Inc | 3500 Lacey Rd Ste 100, Downers Grove, IL 60515-5439 | IL | 2010-10 | $11,396,133 |
| 3 | Loomis Senior Living Inc | 246 N Main St, South Hadley, MA 01075-1799 | MA | 1997-08 | $9,540,548 |
| 4 | West Valley Mission Community College District Foundation | 14000 Fruitvale Ave, Saratoga, CA 95070-5640 | CA | 1995-07 | $5,906,330 |
| 5 | Center For Shared Services Trust | 1515 N Courthouse Rd Ste 600, Arlington, VA 22201-2909 | VA | 2011-09 | $5,525,765 |
| 6 | Sandhills Community Care Network Inc | PO BOX 5389, Pinehurst, NC 28374-5389 | NC | 2004-04 | $5,384,905 |
| 7 | Macc Commonwealth Services Inc | 414 S 8th St, Minneapolis, MN 55404-1025 | MN | 2008-07 | $4,228,273 |
| 8 | Social Enterprise Alliance Inc | 4737 County Rd 101 Number 311, Minnetonka, MN 55345 | MN | 2001-02 | $488,180 |
| 9 | Wls Building Company | 112050 Hundertmark Rd, Chaska, MN 55318-2817 | MN | 2001-10 | $317,854 |
| 10 | North East Neighborhood Early Learning Center | 212 3rd Ave N Ste 478, Minneapolis, MN 55401-1474 | MN | 1996-05 | $195,867 |
| 11 | Grand Central Charities Inc | 130 Spur Circle, Wayzata, MN 55391 | MN | 2011-01 | $155,475 |
| 12 | Permanent Family Resource Center | 1220 N Tower Rd, Fergus Falls, MN 56537-4813 | MN | 2000-08 | $130,773 |
| 13 | Nonprofit Partners Inc | 7701 France Ave S Ste 200 2814, Minneapolis, MN 55435-5288 | MN | 2002-12 | $70,765 |
| 14 | Freedom Initiatives | 2171 Pinehurst Dr, Chanhassen, MN 55317-4579 | MN | 2010-10 | $35,726 |
| 15 | Northstar Collaborative Institute | 2233 Univ Ave W Ste 450, Saint Paul, MN 55114-1634 | MN | 2010-01 | $32,000 |
| 16 | Global Facilitators Serving Communities Incorporated | 14985 Glazier Avenue Suite 550, Apple Valley, MN 55124-6534 | MN | 2003-06 | $10,261 |
| 17 | Boardshare Foundation Inc | 1016 Hyacinth Ave E, St Paul, MN 55106-2038 | MN | 2006-01 | $0 |
| 18 | City Garden Trust Inc | 1081 10th Avenue Se, Minneapolis, MN 55414 | MN | 2002-05 | $0 |
| 19 | Northland Computers & Innovation Systems Incorporated | 8299 Hyde Ct S, Cottage Grove, MN 55016-3229 | MN | 2002-11 | $0 |
| 20 | Peninsula Shebes Association | PO BOX 241, Richmond, MN 56368-0241 | MN | 2014-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 478 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Freedom Initiatives »
Non-representatives - add comments about Freedom Initiatives»