The Future of Free Speech

EIN: 921415119 501(c)(3) Civil Rights & Advocacy

Nashville, TN

Total Revenue
$906,399
Total Expenses
$1,030,810
Total Assets
$498,323
Net Assets
$431,819
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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
2023
Legal Domicile
TN
Phone
6154808748
Tax Period
2025-01-01 to 2025-12-31

The Future of Free Speech, founded in 2023, is a small nonprofit in the Civil Rights & Advocacy sector that reported $906K in total revenue in fiscal year 2025. Revenue decreased 8% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 14% operating deficit.

Mission

Generate knowledge and spark the involvement needed to energize activists, persuade skeptics, resist authoritarians, and foster a resilient global culture of free speech

Program Service Accomplishments

Program 1
Expenses: $711,145 Revenue: $456

1) Polling and research, to measure global attitudes towards free speech and analyze whether common concerns and arguments used to justify restrictions of free speech are based on real or imagined...

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1) Polling and research, to measure global attitudes towards free speech and analyze whether common concerns and arguments used to justify restrictions of free speech are based on real or imagined harms. 2) Work to defend and strengthen existing standards needed to resist the global authoritarian deterioration of freedom of expression. 3) Outreach which provides activists, policymakers, adademics, and other critical stakeholders with the data, arguments and standards

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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 (2025)

Revenue Breakdown

Contributions & Grants $905,943
Program Service Revenue $456
Investment Income $0
Other Revenue $0
TOTAL REVENUE $906,399

Expense Breakdown

Grants Paid $0
Salaries & Benefits $593,652
Fundraising Expenses $202,942
Program Expenses $711,145
Other Expenses $437,158
TOTAL EXPENSES $1,030,810

Year-over-Year Comparison

2025 2024 Change
Revenue $906,399 $987,183 -0.1%
Expenses $1,030,810 $743,718 +0.4%
Net Income $-124,411 $243,465 -1.5%
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
7
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
3
$288,122
Total Directors
0
$0
Key Employees
1
$288,122
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jacob Mchangama President 40.00
Officer Key Emp
$48,000 $0 $288,122
Soren Johansen Vice President 10.00
Officer
$0 $0 $0
John Seigenthaler Secretary 10.00
Officer
$0 $0 $0
Ashkhen Kazryan Employee 40.00
Highest
$138,549 $0 $138,549
Justin Hayes Employee 40.00
Highest
$107,546 $0 $107,546
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
2025 $906,399 $1,030,810 $498,323 $-124,411
2024 $987,183 $743,718 $576,143 $243,465
2023 $454,878 $142,113 $320,463 $312,765
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