CENTER FOR A FREE ECONOMY INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

RYAN ELLIS

Tax Period

2023-01-01 to 2023-12-31

CENTER FOR A FREE ECONOMY INC, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 118% from the prior year, signaling strong growth momentum. The organization ran a surplus of $202K, a strong 17% operating margin.

Mission

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

Program Service Accomplishments

Program 1

Expenses: $632,012

DIRECT EDUCATIONAL ADVOCACY TO EDUCATE THE PUBLIC ON ISSUES RELATED TO EXEMPT PURPOSES

Program 2

Expenses: $341,000

GRANTS MADE TO CONSERVATIVE ORGANIZATIONS TO ADVANCE OUR EXEMPT POLICY GOALS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

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

🔒

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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