Totals
- Total revenue
- $240,256
- Total expenses
- $242,822
- Contributions and grants received
- $236,581
- Grants paid
- $0
- Program service revenue
- $5,000
- Investment income
- -$1,171
- Other revenue
- -$154
- Total assets, end of year
- $770,062
- Total liabilities, end of year
- $80,203
- Net assets or fund balances, end of year
- $689,859
- Program services expenses (Part IX)
- $161,985
- Management and general expenses
- $53,045
- Fundraising expenses
- $27,792
- Program service expenses (Part III)
- $161,985
Program services were 66.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$27,922
-
1e · Government grants (contributions)
$40,586
-
1f · All other contributions, gifts and grants
$168,073
-
2a · Program service revenue: Workforce Training Experi
total $5,000 · related or exempt $5,000
-
3 · Investment income
total $29 · related or exempt $29
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7b · Less cost or other basis and sales expenses
other assets $1,200
-
7c · Gain or loss
other assets -$1,200
-
7d · Net gain or loss
total -$1,200 · related or exempt -$1,200
-
8a · Fundraising events: contributions included on line 1c
$27,922
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: K-1 Jacksonville TC Inv
total -$154 · related or exempt -$154
-
11b · Other revenue: K-1 Musicians Towers TC Investment LLC
-
11c · Other revenue: K-1 Uniontown Pennsylvania LLC
-
11e · Other revenue, total
-$154
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $58,609 · program services $19,537 · management and general $19,536 · fundraising $19,536
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $104,094 · program services $78,071 · management and general $20,818 · fundraising $5,205
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $12,424 · program services $9,318 · management and general $2,485 · fundraising $621
-
11a · Fees: management
total $3,000 · program services $3,000
-
11b · Fees: legal
total $356 · management and general $356
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,642 · program services $1,232 · management and general $328 · fundraising $82
-
12 · Advertising and promotion
total $507 · fundraising $507
-
13 · Office expenses
total $5,197 · program services $3,898 · management and general $1,039 · fundraising $260
-
14 · Information technology
total $1,391 · program services $1,391
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $26,853 · program services $20,140 · management and general $5,370 · fundraising $1,343
-
23 · Insurance
total $4,749 · program services $3,562 · management and general $950 · fundraising $237
-
24a · Other expenses: Auto Expenses - Gas
total $15,253 · program services $15,253
-
24b · Other expenses: Auto Expenses - Repairs
total $4,793 · program services $4,793
-
24c · Other expenses: Auto Maintenance
total $1,931 · management and general $1,931
-
24d · Other expenses: Bank Charges & Processing Fees
total $1,827 · program services $1,827
-
24e · All other expenses
total $196 · program services -$37 · management and general $232 · fundraising $1
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $101,643 · end of year $114,155
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $668 · end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $624,243 · end of year $624,243
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$131,261
-
10b · Land, buildings and equipment: accumulated depreciation
$98,856
-
10c · Land, buildings and equipment, net
beginning of year $60,458 · end of year $32,405
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year -$587 · end of year -$741
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $8,939 · end of year $3,425
-
23 · Secured mortgages and notes payable
beginning of year $15,061 · end of year $6,777
-
24 · Unsecured notes and loans payable
beginning of year $70,000 · end of year $70,000
-
25 · Other liabilities
end of year $1
-
27 · Net assets without donor restrictions
beginning of year $672,425 · end of year $669,859
-
28 · Net assets with donor restrictions
beginning of year $20,000 · end of year $20,000
Mission and programs · 2022
Mission
True Freedom Enterprises exists to revolutionize prisoner reentry in America by reducing recidivism through specializing in: Pre-release prisoner workforce readiness training Pre-release work release programming Post-release trade-school training
-
Pre-Release Workforce Empowerment ProgramTrue Freedom Enterprises facilitates a pre-release workforce empowerment program designed to address the staggering 70% unemployment rate returning citizens face upon release from prison. This innovative initiative allows incarcerated individuals, during their last 90 days in prison, to participate in an externship with private companies that enables them to receive:Real-world work experienceTransferrable skillsMonthly evaluationsEmployer referralsRe-entry resourcesThe goal of the program is to help returning citizens gain stable employment, which is proven to reduce recidivism. Post-Release Education ProgramTrue Freedom has partnered with Ashland University to provide employment skills-based certificates and accredited associates and bachelors degree programming to individuals recently released from prison. Through this unique collaboration, Ashland University has agreed to waive all tuition costs and fees above the Pell Grant, so that True Freedom students receive this training absolutely free.
Expenses $161,985
As filed on the 2022 return.
Listed in Part VII
-
Michael Swiger
President
- Total calculated
- $58,609
- From this org
- $58,609
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Kevin McHugh
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Vince Ciepiel
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy Dalton
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
John Lusk
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
David Wessel
Head od Develop
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349312645
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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