Freedom Center Foundation

EIN: 541545435 501(c)(3) Public & Societal Benefit

McLean, VA

Total Revenue
$230,879
Total Expenses
$199,642
Total Assets
$647,829
Net Assets
$647,829
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
VA
Principal Officer
Richard A Delgaudio
Phone
7036723901
Tax Period
2024-01-01 to 2024-12-31

Freedom Center Foundation, founded in 2018, is a small nonprofit in the Public & Societal Benefit sector that reported $277K in total revenue in fiscal year 2020. Revenue surged 155% from the prior year, signaling strong growth momentum. The organization ran a surplus of $159K, a strong 57% operating margin.

Mission

To advance the cause of Freedom in America and in public policy by providing grants and funding to help fund an annual Freedom Leadership Conference, to conduct research on current public policy events and debates, to educate, motivate and activate citizens and increase their influence on public policy in keeping with the philosophy enumerated in The Thurmont Statement of Principles, first announced and adopted in conference over 15 years ago in Thurmont, MD.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $230,879
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $230,879

Expense Breakdown

Grants Paid $96,980
Salaries & Benefits $0
Fundraising Expenses $269
Program Expenses $159,090
Other Expenses $102,662
TOTAL EXPENSES $199,642

Year-over-Year Comparison

2024 2023 Change
Revenue $230,879 $319,256 -0.3%
Expenses $199,642 $320,013 -0.4%
Net Income $31,237 $-757 -42.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard A Delgaudio Chairman 5.00
Officer Director
$0 $0 $0
Herb Stupp Director 1.00
Director
$0 $0 $0
Joan Kehlhof Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $230,879 $199,642 $647,829 $31,237
2023 No data No data No data No data
2022 $510,754 $344,755 $617,347 $165,999
2021 $535,832 $364,410 $451,350 $171,422
2020 $277,264 $117,905 $244,967 $159,359
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Freedom Center Foundation with other nonprofits in Virginia and across the country.