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
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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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 $231K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $200K left a modest 14% surplus.

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.

Program Service Accomplishments

Program 1
Expenses: $159,090 Revenue: $0

To pay for conferences and meetings of pro-Freedom organizations and coalitions, which help advance the Foundations public policy agenda with publications, annual and periodic public meetings...

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To pay for conferences and meetings of pro-Freedom organizations and coalitions, which help advance the Foundations public policy agenda with publications, annual and periodic public meetings, publications including mass market paperbacks, newsletters, videos and other publication distributed by mail and electronically, to pay speaker honoraria and travel expenses and conduct research which shall be made available to speakers and writers notably including Briefing Reports and the annual Freedom Leadership Conference.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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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
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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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
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