FREEDOM ECONOMY BUSINESS ASSOCIATION

EIN: 991386415 Community Improvement

Washington, DC

Total Revenue
$1,084,000
Total Expenses
$596,334
Total Assets
$487,666
Net Assets
$487,666
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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
2024
Legal Domicile
DC
Principal Officer
Rachel Robasciotti Chair
Phone
2025446960
Tax Period
2024-02-08 to 2024-12-31

FREEDOM ECONOMY BUSINESS ASSOCIATION, founded in 2024, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024. The organization ran a surplus of $488K, a strong 45% operating margin.

Mission

The mission of Freedom Economy is to equip justice and sustainability investors with legal and policy education, tools, and a peer network needed to stand boldly in their values, defend their rights and advance a fair, inclusive and sustainable economy.

Program Service Accomplishments

Program 1
Expenses: $290,051

Freedom Economy advanced member advocacy and legal support by implementing a rapid-response engagement process providing legal resources to assist members in navigating regulatory and compliance...

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Freedom Economy advanced member advocacy and legal support by implementing a rapid-response engagement process providing legal resources to assist members in navigating regulatory and compliance issues.

Program 2
Expenses: $181,794

Freedom Economy strengthened organizational capacity and membership community by hiring key leadership staff, expanding to 101 engaged members, launching a members-only online platform, and...

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Freedom Economy strengthened organizational capacity and membership community by hiring key leadership staff, expanding to 101 engaged members, launching a members-only online platform, and delivering more than 20 educational programs to support collaboration and mission-aligned action.

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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 $1,084,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,084,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,331
Fundraising Expenses $0
Program Expenses $471,845
Other Expenses $578,003
TOTAL EXPENSES $596,334

Year-over-Year Comparison

2024 2023 Change
Revenue $1,084,000 N/A N/A
Expenses $596,334 N/A N/A
Net Income $487,666 N/A N/A
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
1
Volunteers
3

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
4
$16,857
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tawanna Black Executive Director 30.00
Officer
$16,857 $0 $16,857
Rachel Robasciotti N/A 1.00
Officer Director
$0 $0 $0
Stacey Abrams N/A 1.00
Officer Director
$0 $0 $0
Tynesia Boyea-Robinson N/A 1.00
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 $1,084,000 $596,334 $487,666 $487,666
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