Charity Search / FREEDOM INITIATIVE
Community Improvement (S80) 990 on File

FREEDOM INITIATIVE

EIN: 81-4800624 · WASHINGTON, DC 20036-3116 · United States · FY 2024 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 86/100
Reliability (20%) 45/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$752K
Total Revenue
$1.9M
Total Expenses
$823K
Net Assets
13
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 81.5%
Fundraising Efficiency N/A
Operating Reserve 5.07x
Liability-to-Asset 43.0%
Revenue Diversification 94.0%
Compared with Peers
FY 2024
Compared with 1,625 similar organizations (United States, Community Improvement, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
81.5% 85.2%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
18.6% 11.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.1%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
5.1 mo 9.7 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
43.0% 21.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
94.0% 90.7%
P10P90
Below median
Revenue growth
Year over year revenue growth
75.5% 8.8%
P10P90
Expense growth
Year over year expense growth
7.9% 10.1%
P10P90
Surplus margin
Surplus as a share of revenue
-158.8% 1.6%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $752K $1.9M $823K 81.5% 13
2023 $429K $1.8M $1.6M 90.6% 19
2022 $1.0M $2.3M $3.0M 87.5% 21
2021 $9.9M $1.9M N/A — 15
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Organization Details
EIN
81-4800624
State
DC
City
WASHINGTON
ZIP
20036-3116
Classification
S80
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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