MIAMI FREEDOM PROJECT INC

EIN: 843808281 Civil Rights & Advocacy

MIAMI, FL

Total Revenue
$296,966
Total Expenses
$265,159
Total Assets
$207,003
Net Assets
$199,373
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
FL
Principal Officer
ANA SOFIA PELAEZ
Phone
7864718295
Tax Period
2024-01-01 to 2024-12-31

MIAMI FREEDOM PROJECT INC, founded in 2019, is a small nonprofit in the Civil Rights & Advocacy sector that reported $297K in total revenue in fiscal year 2024. Revenue surged 136% from the prior year, signaling strong growth momentum. Expenses of $265K left a modest 11% surplus.

Mission

MIAMI FREEDOM PROJECT IS COMMITTED TO TRANSFORMING SOUTH FLORIDA THROUGH OUTREACH, MOVEMENT BUILDING, AND COMMUNICATION STRATEGIES. BY THE CONCLUSION OF 2024, WE HAD COORDINATED AND TAKEN PART IN 35 EVENTS ALONGSIDE MORE THAN 45 PARTNERS, BENEFITING OVER 2,400 PARTICIPANTS. OUR ACTIVE VOLUNTEER CORPS WAS MADE UP OF 267 INDIVIDUALS WHO JOINED OUR MOBILIZING CALLS AND OTHER OUTREACH PROGRAMS AND MEMBERS PARTICIPATED IN OVER 200 VOLUNTEER SHIFTS ACROSS MIAMI-DADE INCLUDING PHONE BANKS, TEXT BANKS AND CANVASSES. OUR DIGITAL ORGANIZING PROGRAM TACTICS INCLUDED CONSISTENT AND FREQUENT POSTING ACROSS MULTIPLE SOCIAL MEDIA CHANNELS. THIS POSITIONED US AS A RELIABLE PLATFORM THAT OUR AUDIENCE COULD RETURN TO FOR UPDATES, VARIETY OF CONTENT, AND LOCAL EVENT ROUNDUPS. BY CONSISTENTLY DEPLOYING THESE TACTICS, WE BUILT A TRUSTED AND ENGAGED ONLINE AUDIENCE. AS A RESULT, OUR ENGAGEMENT RATES WERE HIGHER THAN IN ANY PREVIOUS YEAR. OUR ONGOING MEDIA LITERACY PROGRAM PRODUCED 49 EDITIONS OF BI-LINGUAL

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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 $296,966
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $296,966

Expense Breakdown

Grants Paid $0
Salaries & Benefits $120,537
Fundraising Expenses $0
Program Expenses $238,643
Other Expenses $144,622
TOTAL EXPENSES $265,159

Year-over-Year Comparison

2024 2023 Change
Revenue $296,966 $126,057 +1.4%
Expenses $265,159 $244,101 +0.1%
Net Income $31,807 $-118,044 -1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
10
Volunteers
267

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
3
$76,461
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANA SOFIA PELAEZ EXECUTIVE DI 40.00
Officer
$76,461 $0 $76,461
DR FRANCES COLON PRESIDENT 1.00
Officer Director
$0 $0 $0
ALANA GREER TREASURER 1.00
Officer Director
$0 $0 $0
CARLOS ODIO DIRECTOR 1.00
Director
$0 $0 $0
DANIELA REBECCA FERNANDEZ DIRECTOR 1.00
Director
$0 $0 $0
JUAN CUBA 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 $296,966 $265,159 $207,003 $31,807
2023 $126,057 $244,101 $175,196 $-118,044
2022 $377,467 $149,305 $285,610 $228,162
2022 $377,467 $149,305 $285,610 $228,162
2020 $315,395 $244,079 $71,316 $71,316
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