Form 990 for tax year 2022

Filed by FREEDOM PROJECT NETWORK.

Totals

Total revenue: $635,486
Total expenses: $338,049
Contributions and grants received: $635,486
Grants paid: $174,700
Program service revenue: $0
Investment income: $0
Other revenue: $0
Total assets, end of year: $619,177
Total liabilities, end of year: $4,836
Net assets or fund balances, end of year: $614,341
Program services expenses (Part IX): $297,730
Management and general expenses: $24,971
Fundraising expenses: $15,348
Program service expenses (Part III): $297,730

Program services were 88.1% 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.

1a · Federated campaigns

$0
1b · Membership dues

$0
1c · Fundraising events

$0
1d · Related organizations

$0
1e · Government grants (contributions)

$0
1f · All other contributions, gifts and grants

$635,486
1g · Noncash contributions included above

$0
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6c · Rental income or loss

real property $0 · personal property $0
7c · Gain or loss

securities $0 · other assets $0
8a · Fundraising events: contributions included on line 1c

$0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $174,700 · program services $174,700
2 · Grants to domestic individuals

total $0 · program services $0
3 · Grants to foreign organizations and individuals

total $0 · program services $0
4 · Benefits paid to or for members

total $0 · program services $0
5 · Compensation of officers, directors and key employees

total $69,145 · program services $41,487 · management and general $13,829 · fundraising $13,829
6 · Compensation of disqualified persons

total $0 · program services $0 · management and general $0 · fundraising $0
7 · Other salaries and wages

total $10,000 · program services $10,000 · management and general $0 · fundraising $0
8 · Pension plan contributions

total $0 · program services $0 · management and general $0 · fundraising $0
9 · Other employee benefits

total $0 · program services $0 · management and general $0 · fundraising $0
10 · Payroll taxes

total $7,594 · program services $4,556 · management and general $1,519 · fundraising $1,519
11a · Fees: management

total $0 · program services $0 · management and general $0 · fundraising $0
11b · Fees: legal

total $0 · program services $0 · management and general $0 · fundraising $0
11c · Fees: accounting

total $4,000 · program services $0 · management and general $4,000 · fundraising $0
11d · Fees: lobbying

total $0 · program services $0 · management and general $0 · fundraising $0
11e · Fees: professional fundraising services

total $0 · fundraising $0
11f · Fees: investment management

total $0 · program services $0 · management and general $0 · fundraising $0
12 · Advertising and promotion

total $568 · program services $0 · management and general $568 · fundraising $0
14 · Information technology

total $2,944 · program services $0 · management and general $2,944 · fundraising $0
15 · Royalties

total $0 · program services $0 · management and general $0 · fundraising $0
16 · Occupancy

total $0 · program services $0 · management and general $0 · fundraising $0
17 · Travel

total $3,080 · program services $3,080 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $2,248 · program services $2,248
24a · Other expenses: Teacher & Program Coordinator Stipends

total $34,307 · program services $34,307 · management and general $0 · fundraising $0
24b · Other expenses: Alumni College Success Program Expenses

total $5,132 · program services $5,132 · management and general $0 · fundraising $0
24c · Other expenses: FPN Program Expenses

total $8,757 · program services $8,757 · management and general $0 · fundraising $0
24d · Other expenses: FSC Program Expenses

total $13,463 · program services $13,463 · management and general $0 · fundraising $0
24e · All other expenses

total $2,111 · management and general $2,111

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $165,305 · end of year $244,279
2 · Savings and temporary cash investments

beginning of year $0 · end of year $0
3 · Pledges and grants receivable

beginning of year $155,000 · end of year $370,000
4 · Accounts receivable

beginning of year $0 · end of year $0
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $0 · end of year $4,898
10c · Land, buildings and equipment, net

beginning of year $0
11 · Investments: publicly traded securities

beginning of year $0 · end of year $0
12 · Investments: other securities

beginning of year $0 · end of year $0
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $0 · end of year $0
17 · Accounts payable and accrued expenses

beginning of year $0 · end of year $0
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $0 · end of year $0
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $3,401 · end of year $4,836
27 · Net assets without donor restrictions

beginning of year $188,530 · end of year $184,360
28 · Net assets with donor restrictions

beginning of year $128,374 · end of year $429,981

Mission and programs · 2022

Mission

The FPN's mission is to elevate the work of the Freedom Projects and to provide them with resources that promote operational efficiency and high-quality programming. As a backbone organization, our primary focus is the sustainability and growth of existing and future Freedom Projects.

FREEDOM PROJECT PROGRAMMING: In 2022, FPN delivered on its mission by providing Freedom Projects (FPs) with resources that promoted operational efficiency and high-quality programming. This year, direct program assistance to the FPs totaled $139,000, all of which went towards program expenses at the FPs. $125,000 was secured by the FPN from the Phil Hardin Foundation to directly support FP program: of that amount (following the agreement with the Foundation) $80,000 supported programming at the Meridian FP, $25,000 supported programming at the Sunflower County FP, and $20,000 supported programming at the Rosedale FP. Two additional grants of $6,000 each were distributed to support programming at the Meridian FP. A final $2,000 supported programming expenses at the Rosedale FP, secured from through a grant from the National Geographic Foundation.

Expenses $139,000 · Grants $127,000
ALUMNI COLLEGE SUCCESS PROGRAM: The Alumni College Success program supports all Freedom Project alumni who matriculate into college by providing mentorship calls, academic coaching, mental health support, and monthly stipends. We have a part-time Program Director who oversees the administration of this program and part-time coordinators at each of our three Freedom Project sites (Sunflower County, Meridian, and Rosedale, MS) who lead the student-facing programming. This year we supported 24 Alumni fellows who enrolled at 15 colleges and universities across the country.

Expenses $58,205 · Grants $40,000
FREEDOM SUMMER COLLEGIATE: Freedom Summer Collegiate recruits, trains, and funds doctoral candidates to design and facilitate transformative summer seminars at each Freedom Project site. In this program, high-school Freedom Fellows experience a powerful college simulation from the comfort of the Freedom Project and earn college credit from Millsaps College. In 2022, six Freedom Summer Collegiate instructors led college-bridge courses at the Meridian FP, the Sunflower County FP, and the Rosedale FP. Each FP had additional site coordinators to support course logistics. This year, FSC students explored food history, the sociology of poverty, a history of Black political thought, the science of gravity, ways of producing science, and how to build a computer.

Expenses $44,116 · Grants $30,000
FPN also oversees centralized programmatic planning for the Freedom Projects, provides professional development for Freedom Project staff in the form of FPN summits and external opportunities, and conducts site visits for both programmatic accountability and support at each Freedom Project.

Expenses $56,409 · Grants $15,000

As filed on the 2022 return.

Listed in Part VII

Ki Harris

Executive Director

Total calculated

$70,000

From this org

$67,500

From related orgs

$0

Other

$2,500

Hours/week

40
Vaish Shastry

Board President

Total calculated

$0

Hours/week

5
Andrew Donnelly

Board Treasurer

Total calculated

$0

Hours/week

3
Shawn Raymond

Board Member

Total calculated

$0

Hours/week

2
Gregg Costa

Board Member

Total calculated

$0

Hours/week

2
Emily Gowen

Board Member

Total calculated

$0

Hours/week

2
Lukendric Washington

Board Member

Total calculated

$0

Hours/week

2
Kate Gluckman

Board Member

Total calculated

$0

Hours/week

2
Tracy Alford

Board Member

Total calculated

$0

Hours/week

2

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

Meridian Freedom Project

$93,400

General operating expenses for Meridian Freedom Project programming (as stipulated in FPN's grant agreement with the Hardin Foundation). Alumni College Success Program's alumni fellow stipends and textbook stipends.
Sunflower County Freedom Project

$54,400

General operating expenses for Sunflower County Freedom Project programming (as stipulated in FPN's grant agreement with the Hardin Foundation). Alumni College Success Program's alumni fellow stipends and textbook stipends.
Rosedale Freedom Project

$26,900

General operating expenses for Rosedale Freedom Project programming (as stipulated in FPN's grant agreement with the Hardin Foundation). Alumni College Success Program's alumni fellow stipends and textbook stipends.

Provenance

Return type: form_990
Tax year: 2022
Filed: 17 October 2023
IRS schema version: 2022v5.0
Source object: 202312919349300706

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