CENTER FOR A FREE ECONOMY INC

EIN: 831471221 Community Improvement

Alexandria, VA

Total Revenue
$1,174,600
Total Expenses
$973,012
Total Assets
$823,452
Net Assets
$688,952
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
VA
Principal Officer
RYAN ELLIS
Tax Period
2023-01-01 to 2023-12-31

CENTER FOR A FREE ECONOMY, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $526K in total revenue in fiscal year 2019. Revenue surged 777% from the prior year, signaling strong growth momentum. The organization ran a surplus of $257K, a strong 49% operating margin.

Mission

TO EDUCATE THE PUBLIC AND POLICYMAKERS ABOUT TAX POLICY, HEALTH CARE POLICY, TRADE POLICY, AND OTHER ISSUES RELATED TO ECONOMIC POLICY

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,163,077
Program Service Revenue $0
Investment Income $11,523
Other Revenue $0
TOTAL REVENUE $1,174,600

Expense Breakdown

Grants Paid $341,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $973,012
Other Expenses $632,012
TOTAL EXPENSES $973,012

Year-over-Year Comparison

2023 2022 Change
Revenue $1,174,600 $538,212 +1.2%
Expenses $973,012 $527,536 +0.8%
Net Income $201,588 $10,676 +17.9%
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
2
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
ALEX HENDRIE BOARD MEMBER 0.00
Director
$0 $0 $0
PALMER SCHOENING BOARD MEMBER 0.00
Director
$0 $0 $0
RYAN ELLIS PRESIDENT 10.00
Officer 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 No data No data No data No data
2023 $1,174,600 $973,012 $823,452 $201,588
2022 $538,212 $527,536 $621,864 $10,676
2021 $2,086,564 $1,812,288 $611,189 $274,276
2020 $552,553 $633,974 $202,413 $-81,421
2019 $526,388 $269,122 $283,833 $257,266
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