2020-11-16T17:55:09-06:00 2019-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2019-01-01 132877912 FREEDOM INSTITUTE INC FREE 2128380044 515 MADISON AVENUE 13TH FLOOR NEW YORK NY 10022 ROBERT L MILLER CHAIRMAN 2128380044 2020-11-16 1 GARRETT M HIGGINS P00543209 9143818900 2020-11-16 24.190.81.120 2020-11-16 17:55:05 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2019 2021-01-29 14:40:06Z ROBERT L MILLER 515 MADISON AVENUE 13TH FLOOR NEW YORK NY 10022 4279429 0 X WWW.FREEDOMINSTITUTE.ORG X 1976 NY TO ASSIST AND COUNSEL SUBSTANCE ABUSERS, THEIR FAMILIES, AND THEIR EMPLOYERS. 6 6 43 7 0 0 476136 412157 2709280 2389876 607628 543695 -25533 -55572 3767511 3290156 0 0 0 0 2357567 2260173 42500 44000 134911 2251715 1834471 4651782 4138644 -884271 -848488 2984078 1926149 405700 345306 2578378 1580843 X FOUNDED IN 1976, FREEDOM INSTITUTE IS A RESOURCE CENTER FOR INDIVIDUALS AND FAMILIES COPING WITH ADDICTION AND CO-OCCURRING ISSUES SUCH AS DEPRESSION AND ANXIETY. WE OFFER PERSONALIZED COUNSEL AND CARE TO THOSE SEEKING TO PREVENT, UNDERSTAND OR RECOVER FROM SUBSTANCE ABUSE AND ADDICTION. 0 0 3241443 2389876 SEE SCHEDULE OIN 2019, THE CLINICAL PROGRAM SAW A CONTINUED DROP IN CENSUS AND REVENUE FROM 2018, DUE PRIMARILY TO AN INCREASE IN THE NUMBER OF PROGRAMS OFFERING SIMILAR SERVICES IN THE AREA. THIS ADDED TO EXISTING CONCERNS ABOUT OUR BUDGET. IN RESPONSE TO THIS, WE EXPLORED VARIOUS NEW PROJECTS AND POSSIBLE PARTNERSHIPS, WITH AN EYE TOWARDS DEVELOPING REVENUE STREAMS IN AREAS OTHER THAN OUR CORE PROGRAMMING. THE GOAL IS TO EXPAND OUR REACH AND REDUCE OUR RELIANCE ON FUNDRAISING DOLLARS TO COVER THE GAP BETWEEN REVENUE AND EXPENSES IN OUR BRICK-AND-MORTAR SERVICES. ONE OF THESE PROJECTS IS WELL INTO DEVELOPMENT IN 2020, WHILE ANOTHER WILL BE REVISITED ONCE CIRCUMSTANCES AROUND THE PANDEMIC SHIFT. ADDITIONALLY, WE REDEFINED OUR GROUP OFFERINGS INTO PHASES OF TREATMENT THAT SUPPORT MORE FLEXIBLE TREATMENT OPTIONS AND ARE MORE EASILY COMMUNICATED TO CLIENTS AND REFERRAL SOURCES. FINALLY, WE MADE SOME MODIFICATIONS TO OUR INTENSIVE OUTPATIENT PROGRAM AS THE DATA WAS SUGGESTING THAT CLIENTS NEEDED MORE ENGAGEMENT AND TIME IN TREATMENT.AS PREVIOUSLY PREDICTED, WE MADE SIGNIFICANT CHANGES TO HALLWAYS, OUR SCHOOL-BASED PROGRAM, IN 2019. AT THE END OF THE 2018-19 SCHOOL YEAR, WE ELIMINATED PROGRAM FUNCTIONS CENTERED AROUND INDIVIDUAL STUDENTS (STUDENT ASSISTANCE PROGRAM AND HALLWAYS INDICATED PREVENTION PROGRAM) SO THAT WE COULD MORE EFFICIENTLY FOCUS RESOURCES ON WORK WITH GROUPS OF STUDENTS, FACULTY AND PARENTS. THIS RESULTED IN STAFF REDUCTION AND COST SAVINGS. WE THEN ENGAGED A FUNDRAISING CONSULTANT TO ASSIST US WITH DEVELOPING A STRATEGY AND STRUCTURE FOR INCREASED PARENT INVOLVEMENT AND FUNDRAISING, WITH THE GOAL OF SOLICITING DONATIONS SPECIFICALLY FOR THE HALLWAYS PROGRAM FROM THE HALLWAYS COMMUNITY. WE DEVELOPED AND IMPLEMENTED SEVERAL INITIATIVES, INCLUDING A PARENT ACTION COMMITTEE, HOSTED A NUMBER OF FUNDRAISING EVENTS, AND EXPLORED BOTH GRANT AND DONOR CULTIVATION OPPORTUNITIES. HALLWAYS ALSO COMPLETED ITS LONG-AWAITED HANDBOOK FOR PARENTS AND FACULTY, WHICH WAS PUBLISHED IN OCTOBER. ONE GOAL WAS TO MAKE THIS HANDBOOK THE CENTERPIECE OF VARIOUS FUNDRAISING EFFORTS IN 2020. 3241443 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 38 0 43 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 1 0 NY X X RACHEL RUSSELL 2128380044 515 MADISON AVENUE 13TH FLOOR NEW YORK NY 10022 X RACHEL J RUSSELL CHIEF CLINICAL OFFICER 35.00 X 192184 0 26373 PETER LAZAR SR. DIRECTOR, BUSINESS DEV. 28.00 X 111133 0 24487 ALEXANDER DAYTON CLINICAL DIRECTOR 28.00 X 110485 0 12432 ROBERT L MILLER CHAIRMAN 5.00 X X 0 0 0 JACQUELINE R WILLIAMS SECRETARY 0.20 X X 0 0 0 JESSICA AMBROSE TRUSTEE 0.20 X 0 0 0 ANSON BARRETT FRELINGHUYSEN TRUSTEE 0.20 X 0 0 0 JOHN LOEFFLER TRUSTEE 0.20 X 0 0 0 PATRICK ROBINSON TRUSTEE 0.20 X 0 0 0 413802 0 63292 3 0 1 0 0 236810 175347 30410 412157 COUNSELING FEES 621400 2389876 2389876 2389876 42247 42247 1380149 878701 501448 501448 501448 55000 236810 110572 -55572 -55572 3290156 2389876 0 488123 218557 163918 54639 1705743 1363519 312830 29394 32456 26048 5812 596 153767 123052 28018 2697 149650 118877 28455 2318 4451 3882 514 55 75008 75008 44000 44000 23190 23190 337826 334059 3403 364 175411 56764 101010 17637 146601 133301 8592 4708 76511 66735 8832 944 818608 714008 94494 10106 1625 1417 188 20 231 201 27 3 52805 46058 6095 652 24476 21349 2825 302 UBI TAX EXPENSE 5901 4688 1122 91 ACCUPUNCTURE/DRUG TESTI 60695 60695 SPECIAL EVENTS 20983 20983 BAD DEBT 6855 6855 3294 2872 381 41 4138644 3241443 762290 134911 261776 248584 14266 14308 19500 15114 155515 220761 8829 37039 3190 824370 748093 129082 76277 2366900 1339086 2984078 1926149 137255 194680 143993 70200 124452 80426 405700 345306 X 2476036 1463335 102342 117508 2578378 1580843 2984078 1926149 -848488 -149047 0 X 0 1 X 0 0 X 603610 555297 502216 476136 412157 2549416 2119291 2394468 2796250 2709280 2389876 12409165 2722901 2949765 3298466 3185416 2802033 14958581 85900 119100 151404 84935 38077 479416 0 85900 119100 151404 84935 38077 479416 14479165 197678 235456 105228 76943 42247 657552 197678 235456 105228 76943 42247 657552 2920579 3185221 3403694 3262359 2844280 15616133 0.92720 0.91360 0.04210 0.05210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2381140 395442 1400000 23190 1353392 4016629 -24101 1575000 36388 2381140 4913205 519861 1375000 41437 4016629 5901951 439161 1375000 52907 4913205 7315406 45927 1400000 59382 5901951 0.91260 0.04710 0.04030 0 0 360859 331661 29198 463511 416432 47079 76277 DEFERRED RENT 80426 80426 X 3117919 -149047 -149047 3266966 23190 23190 3290156 4115454 0 4115454 23190 23190 4138644 PART V, LINE 4: THE ENDOWMENT FUND WAS CREATED THROUGH A 1980 BOARD OF DIRECTORS RESOLUTION WITH THE PURPOSE OF ESTABLISHING A PERMANENT FUNDING BASIS. THE BOARD OF DIRECTORS, AT ITS DISCRETION, AND BASED ON THE NEEDS OF THE INSTITUTE, CAN DECIDE WHETHER TO REINVEST ENDOWMENT INCOME OR USE IT FOR OPERATING PURPOSES. PART X, LINE 2: THE INSTITUTE RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE INSTITUTE HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE INSTITUTE IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2016. X X X 1 DAVID BOWEN & COMPANY LLC 596 WARBURTON AVE HASTINGS ON HUDSON NY 10706 CONSULTING; FUNDRAISING STRATEGIC PLANNING 0 291810 44000 247810 291810 44000 247810 NY BENEFIT DINNER COMMITTEE 291810 236810 55000 92742 17830 291810 236810 55000 92742 17830 110572 -55572 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE COMPANY SHALL RECEIVE FROM THE CLIENT AS COMPENSATION FOR ITS SERVICES A FEE OF $44,000, $5,500 OF WHICH IS DUE AND PAYABLE UPON THE SIGNING OF THIS AGREEMENT. THE CLIENT SHALL REIMBURSE THE COMPANY'S OUT-OF-POCKET COSTS AND EXPENSES INCURRED IN CONNECTION WITH THE SERVICES PROVIDED. IN 2019, REIMBURSEMENT OF EXPENSES TOTALED $2,465. 0 0 0 0 0 0 0 0 0 RACHEL J RUSSELL CHIEF CLINICAL OFFICER 192184 0 0 0 0 0 6000 0 20373 0 218557 0 0 0 X 3 30410 AVG. SELLING PRICE 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS IS LISTED IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 2 ROBERT L. MILLER AND JESSICA AMBROSE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B FREEDOM INSTITUTE INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. THE CHAIRMAN OF THE BOARD AND GENERAL MANAGER MEET WITH THE OUTSIDE ACCOUNTANT AND REVIEW THE FORM 990 IN DETAIL TO ENSURE THAT IT CORRECTLY REFLECTS ALL ACTIVITIES AND POLICIES AT FREEDOM INSTITUTE. THE FINAL VERSION IS ELECTRONICALLY SENT TO THE BOARD OF TRUSTEES PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12 WHILE THE CURRENT CONFLICT OF INTEREST POLICY OF THE ORGANIZATION DOES NOT CONFORM WITH ALL OF THE REQUIREMENTS OF THE NYS REVITALIZATION ACT, THE POLICY DOES REQUIRE ANNUAL DISCLOSURE STATEMENTS FOR POTENTIAL CONFLICTS OF INTEREST. FURTHERMORE, BOARD MEMBERS AND EMPLOYEES, IN THE COURSE OF MEETING OR ACTIVITIES, ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AS WELL AS RECUSE THEMSELVES FROM DISCUSSION AND VOTING. FORM 990, PART VI, SECTION B, LINE 15B FREEDOM INSTITUTE'S CHIEF MANAGEMENT OFFICER IS CURRENTLY THE CHAIRMAN OF THE BOARD WHO DOES NOT RECEIVE ANY COMPENSATION. IN THE EVENT THAT THE SITUATION SHOULD CHANGE, FREEDOM INSTITUTE WOULD FOLLOW THE PROCEDURES AS SET FORTH BY THE IRS FOR ESTABLISHING REASONABLE COMPENSATION. THE KEY EMPLOYEE'S COMPENSATION IS REVIEWED ANNUALLY BY THE CHAIRMAN OF THE BOARD IN THE CONTEXT OF PERFORMANCE, THE ECONOMIC ENVIRONMENT, COST-OF-LIVING CHANGES, AND OTHER COMPARABLE POSITIONS AT SIMILAR NOT-FOR-PROFIT ORGANIZATIONS. A RECOMMENDATION IS MADE TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. THE RECOMMENDATION AND PROCESS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AND FORM 1023 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY.