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FREEDOM INSTITUTE INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
FREEDOM INSTITUTE INC (EIN 13-2877912)
Tax period
2011-01-01 to 2011-12-31
Filed
2013-01-30
IRS object ID
201340309349300279
Schema version
2011v1.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-01-30T08:04:28-06:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN271728945EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1O'CONNOR DAVIES LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1500 MAMARONECK AVENUEAddressLine1
CityHARRISONCity
StateNYState
ZIP Code105281633ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN132877912EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1FREEDOM INSTITUTE INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlFREENameControl
Phone2128380044Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1515 MADISON AVENUE 21ST FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10022ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDONNA WICKName
TitleEXECUTIVE DIRECTORTitle
Phone2128380044Phone
Date Signed2013-01-30DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameBARBARA VAN BERGENName
PTINP00967804PTIN
Phone9143818900Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonDONNA WICKNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1515 MADISON AVENUE 21ST FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10022ZIPCode
FieldValueIRS element (for citing)
Gross Receipts4948963GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.FREEDOMINSTITUTE.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1976YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTO ASSIST AND COUNSEL SUBSTANCE ABUSERS, THEIR FAMILIES, AND THEIR EMPLOYERS.ActivityOrMissionDescription
Nbr Voting Members Governing Body9NbrVotingMembersGoverningBody
Nbr Independent Voting Members9NbrIndependentVotingMembers
Total Nbr Employees24TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year783762ContributionsGrantsPriorYear
Contributions Grants Current Year489386ContributionsGrantsCurrentYear
Program Service Revenue Prior Year1337222ProgramServiceRevenuePriorYear
Program Service Revenue CY1183728ProgramServiceRevenueCY
Investment Income Prior Year540781InvestmentIncomePriorYear
Investment Income Current Year130595InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year2661765TotalRevenuePriorYear
Total Revenue Current Year1803709TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year1489116SalariesEtcPriorYear
Salaries Etc Current Year1532380SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year186427TotalFundrsngExpCurrentYear
Other Expense Prior Year881847OtherExpensePriorYear
Other Expenses Current Year988127OtherExpensesCurrentYear
Total Expenses Prior Year2370963TotalExpensesPriorYear
Total Expenses Current Year2520507TotalExpensesCurrentYear
Revenues Less Expenses Prior Year290802RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-716798RevenuesLessExpensesCY
Total Assets BOY8810326TotalAssetsBOY
Total Assets EOY8215711TotalAssetsEOY
Total Liabilities BOY136816TotalLiabilitiesBOY
Total Liabilities EOY867476TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY8673510NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY7348235NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionFOUNDED IN 1976, FREEDOM INSTITUTE IS A RESOURCE CENTER FOR FAMILIES IN CRISIS WHO ARE COPING WITH THE EFFECTS OF ADDICTION, AS WELL AS CONTRIBUTING FACTORS LIKE ANXIETY AND DEPRESSION. OUR MISSION IS TO OFFER PERSONALIZED AND CONFIDENTIAL COUNSEL AND CARE TO INDIVIDUALS AND FAMILIES SEEKING TO LEARN ABOUT, PREVENT, AND TREAT SUBSTANCE ABUSE AND ADDICTION.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense1650978Expense
Revenue1183728Revenue
DescriptionSEE SCHEDULE OFREEDOM INSTITUTE'S OUTPATIENT TREATMENT SERVICES INCLUDE AN INTENSIVE OUTPATIENT PROGRAM (IOP), INDIVIDUAL AND GROUP COUNSELING. THIS ALLOWS FOR A PERSON WITH SUBSTANCE ABUSE ISSUES TO ACCESS THE LEVEL OF CARE APPROPRIATE TO HIS/HER ISSUES AND NEEDS. A TYPICAL TREATMENT JOURNEY MAY INCLUDE AN ASSESSMENT AT FREEDOM INSTITUTE, COMPLETION OF A 28-DAY PROGRAM AT AN INPATIENT PROGRAM, PARTICIPATION IN FREEDOM INSTITUTE'S EIGHT WEEK IOP, COMBINED WITH BOTH INDIVIDUAL AND FAMILY COUNSELING, AND THEN PROGRESSION INTO ONE OF OUR STEP-DOWN GROUPS. HOWEVER, SOMEBODY WHO HAS ALREADY ACHIEVED THREE MONTHS OF SOBRIETY MIGHT BEGIN IN A STEP-DOWN GROUP AND NOT NEED THE IOP. OTHER PEOPLE MAY BE ABLE TO ENTER THE IOP AS THE FIRST COURSE OF TREATMENT, WITHOUT NEEDING AN INPATIENT PROGRAM. IN 2011, THE CHEMICAL DEPENDENCY PROGRAM PROVIDED APPROXIMATELY 6,500 SERVICE UNITS, INCLUDING BOTH INDIVIDUAL AND GROUP MODALITIES. THE FAMILY PROGRAM PROVIDES FAMILY COUNSELING TO ALCOHOLICS/ADDICTS' FAMILIES, TO HELP EVERYBODY RECOGNIZE THE IMPACT THE DISEASE HAS ON THE ENTIRE FAMILY AND LEARN NEW WAYS OF COPING AND RELATING. RESEARCH HAS CONSISTENTLY SHOWN THAT FAMILY INVOLVEMENT IN TREATMENT AND RECOVERY SIGNIFICANTLY IMPROVES PEOPLE'S CHANCES AT LONG-TERM SOBRIETY. OUR FAMILY THERAPISTS HAVE ADVANCED FAMILY SYSTEMS TRAINING, AND ARE ON THE CUTTING EDGE OF EMERGING PRACTICES IN TREATING FAMILIES WITH SUBSTANCE ABUSE ISSUES. IN 2011, THE FAMILY PROGRAM PROVIDED ABOUT 500 FAMILY COUNSELING SESSIONS. MID-YEAR, FREEDOM INSTITUTE HIRED A SECOND FULL-TIME FAMILY THERAPIST, AND THE PROGRAM CONTINUES TO GROW. THE INDEPENDENT SCHOOL PROGRAM PROVIDES PREVENTION EDUCATION AND COUNSELING IN APPROXIMATELY 50 PRIVATE SCHOOLS IN THE NEW YORK CITY METRO AREA, AS WELL AS PARENT WORKSHOPS AND FACULTY TRAINING. IN 2011, THERE WERE APPROXIMATELY 650 SUCH WORKSHOPS.Description
Total Program Service Expense1650978TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions1DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109628NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees24NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members9NbrVotingGoverningBodyMembers
Number Independent Voting Members9NumberIndependentVotingMembers
Family Or Business Relationship1FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1RACHEL RUSSELLBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number2128380044TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1515 MADISON AVENUE 21ST FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10022ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (15 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerHighest Compensated EmployeeHighestCompensatedEmployee
GEORGE C WHIPPLE
TRUSTEE0.40X000
PETER BOESCHENSTEIN
TRUSTEE0.20X000
CLARKE R KEOUGH
SECRETARY0.20X000X
KAREN LAWSON-JOHNSTON
TRUSTEE0.40X000
JOHN LOEFFLER
TRUSTEE0.20X000
PATRICK ROBINSON
TRUSTEE0.20X000
CONNIE MURRAY
TERM ENDED IN MAY 20110.20X13227700
JESSICA MANSELL AMBROSE
PRESIDENT1.00X000X
WILLIAM MURRAY
TREASURER0.80X000X
HENRY CHRISTENSEN III
CHAIRMAN1.00X000X
ROBERT MILLER
TRUSTEE0.40X000
ANSON BARRETT FRELINGHUYSEN
TRUSTEE0.40X000
DONNA WICK
EXECUTIVE DIRECTOR35.0010000000X
MICHAEL NOTH
CHIEF CLINICAL OFFICER35.0011046403933X
RACHEL J RUSSELL
CHIEF OPERATING OFFICER35.00123752010034X
FieldValueIRS element (for citing)
Total Reportable Comp From Org466493TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation13967TotalOtherCompensation
Number Individuals GT100 K3NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions489386AllOtherContributions
Noncash Contributions25298NoncashContributions
Total Contributions489386TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionCOUNSELING FEESDescription
Business Code621400BusinessCode
Total Revenue Column1183728TotalRevenueColumn
Related Or Exempt Function Income1183728RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue1183728TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column266583TotalRevenueColumn
Exclusion$266,583ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities3009266Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities3145254Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities-135988Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column-135988TotalRevenueColumn
Exclusion-$135,988ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1803709TotalRevenueColumn
Related Or Exempt Function Income1183728RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$130,595ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total153984Total
Program Services113984ProgramServices
Management And General15000ManagementAndGeneral
Fundraising25000Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total1131642Total
Program Services734577ProgramServices
Management And General306344ManagementAndGeneral
Fundraising90721Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total24230Total
Program Services15637ProgramServices
Management And General6319ManagementAndGeneral
Fundraising2274Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total123474Total
Program Services79682ProgramServices
Management And General32203ManagementAndGeneral
Fundraising11589Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total99050Total
Program Services63920ProgramServices
Management And General25833ManagementAndGeneral
Fundraising9297Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total62000Total
Management And General62000ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total45146Total
Management And General45146ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total190725Total
Program Services138752ProgramServices
Management And General50423ManagementAndGeneral
Fundraising1550Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total42699Total
Program Services30725ProgramServices
Management And General9004ManagementAndGeneral
Fundraising2970Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total131924Total
Program Services102669ProgramServices
Management And General22099ManagementAndGeneral
Fundraising7156Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total21694Total
Program Services15610ProgramServices
Management And General4575ManagementAndGeneral
Fundraising1509Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total415842Total
Program Services299225ProgramServices
Management And General87689ManagementAndGeneral
Fundraising28928Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total13339Total
Program Services9598ProgramServices
Management And General2813ManagementAndGeneral
Fundraising928Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total10302Total
Program Services7413ProgramServices
Management And General2172ManagementAndGeneral
Fundraising717Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total30054Total
Program Services21626ProgramServices
Management And General6337ManagementAndGeneral
Fundraising2091Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
MOVING EXPENSE1097278952314763
FOOD & BEVERAGES808558181705562
ENTERTAINMENT20741493437144
MISCELLANEOUS EXPENSES19101375402133

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total1361Total
Program Services979ProgramServices
Management And General287ManagementAndGeneral
Fundraising95Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total2520507Total
Program Services1650978ProgramServices
Management And General683102ManagementAndGeneral
Fundraising186427Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY446117BOY
EOY136844EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY319516BOY
EOY755595EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY16425BOY
EOY82395EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY46487BOY
EOY48009EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY13622BOY
EOY23215EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis569603LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec461261LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY49573BOY
EOY108342EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY7897204BOY
EOY7038147EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY21382BOY
EOY23164EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY8810326BOY
EOY8215711EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY32523BOY
EOY47469EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY104293BOY
EOY820007EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY136816BOY
EOY867476EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY8621495BOY
EOY7294720EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY52015BOY
EOY53515EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY8673510BOY
EOY7348235EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY8810326BOY
EOY8215711EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-716798ReconcilationRevenueExpenses
Reconcilation Other Changes-608477ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years918795CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years896000CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years723266CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year783762CurrentTaxYearMinus1Year
Current Tax Year489386CurrentTaxYear
Total3811209Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years918795CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years896000CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years723266CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year783762CurrentTaxYearMinus1Year
Current Tax Year489386CurrentTaxYear
Total3811209Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total882849AmountsSubstContributorsTotal
Public Support Total1702928360PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years263050CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years156795CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years226431CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year257937CurrentTaxYearMinus1Year
Current Tax Year266583CurrentTaxYear
Total1170796Total
FieldValueIRS element (for citing)
Total Support4982005TotalSupport
Gross Receipts From Admissions Etc7323187GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.58780PublicSupportPertcentage170
Public Support Pertcent Prior Year0.63630PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance7897034BeginningOfYearBalance
Contributions11113Contributions
Investment Earnings Or Losses240588InvestmentEarningsOrLosses
Other Expenditures1065592OtherExpenditures
Administrative Expenses44996AdministrativeExpenses
End Of Year Balance7038147EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance7669590BeginningOfYearBalance
Contributions1000Contributions
Investment Earnings Or Losses561692InvestmentEarningsOrLosses
Other Expenditures200000OtherExpenditures
Administrative Expenses32167AdministrativeExpenses
End Of Year Balance8000115EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance7065240BeginningOfYearBalance
Contributions1000Contributions
Investment Earnings Or Losses618768InvestmentEarningsOrLosses
Administrative Expenses15418AdministrativeExpenses
End Of Year Balance7669590EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance8089088BeginningOfYearBalance
Contributions1000Contributions
Investment Earnings Or Losses-1004090InvestmentEarningsOrLosses
Administrative Expenses20758AdministrativeExpenses
End Of Year Balance7065240EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.99000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.01000PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis278261OtherCostOrOtherBasis
Depreciation244007Depreciation
Book Value34254BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis291342OtherCostOrOtherBasis
Depreciation217254Depreciation
Book Value74088BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings108342TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescriptionAmountAmount
DEFERRED RENT$60,587
DUE TO ENDOWMENT FUND$1,500
DEFERRED COMPENSATION PAYABLE$82,118
RETIREMENT PLAN LIABILITY$675,802
FieldValueIRS element (for citing)
Total Of Amounts820007TotalOfAmounts
Total Revenue1803709TotalRevenue
Total Expenses2520507TotalExpenses
Excess Or Deficit For Year-716798ExcessOrDeficitForYear
Net Unrealized GL On Investments110008NetUnrealizedGLOnInvestments
Prior Period Adjustments-718485PriorPeriodAdjustments
Total Adjustments-608477TotalAdjustments
Excess Or Deficit Per FS-1325275ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt1913717TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments110008NetUnrealizedGainsInvestments
Revenue Not Rptd F990110008RevenueNotRptdF990
Revenue Subtotal1803709RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9901803709TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt2520507TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal2520507ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9902520507TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: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.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:PART X: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 2008.
PART XI, LINE 7: DURING 2012 IT WAS DETERMINED THAT THE INSTITUTE HAD NOT PROPERLY RECORDED THE LIABILITY ASSOCIATED WITH THE RETIREMENT AGREEMENT IT HAS WITH ITS FORMER PRESIDENT AND EXECUTIVE DIRECTOR. THE FORMER PRESIDENT AND EXECUTIVE DIRECTOR RETIRED ON JANUARY 30, 2009. THE INSTITUTE WAS RECORDING THE BENEFIT EXPENSE ON A CASH BASIS. U.S. GAAP REQUIRES THAT THE FULL AMOUNT OF THE PENSION LIABILITY BE RECORDED. ACCORDINGLY, A PRIOR PERIOD ADJUSTMENT HAS BEEN MADE TO UNRESTRICTED NET ASSETS AS OF DECEMBER 31, 2010 IN THE AMOUNT OF $718,485 TO REFLECT THE PENSION LIABILITY DUE AT THAT DATE. THE IMPACT ON THE CHANGE IN NET ASSETS FOR THE YEAR ENDING DECEMBER 31, 2010 IS A DECREASE IN PENSION EXPENSE IN THE AMOUNT OF $39,521 RESULTING IN AN OVERALL INCREASE TO THE CHANGE IN NET ASSETS OF THE SAME AMOUNT.

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions3NumberOfContributions
Noncash Contribs Rptd F99025298NoncashContribsRptdF990
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGifts
Third Parties Used0ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 2WILLIAM B. MURRAY (TREASURER) IS THE SON OF THE TRUSTEE (CONSTANCE MURRAY).
FORM 990, PART VI, SECTION B, LINE 11FREEDOM 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. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL THE DIRECTORS AND OFFICERS OF THE ORGANIZATION. THE ORGANIZATION DISTRIBUTES THE CONFLICT OF INTEREST POLICY ANNUALLY TO THE APPLICABLE INDIVIDUALS TO SIGN. ANY ACTUAL OR POTENTIAL CONFLICTS ARE DISCLOSED ON THE FORM. IF ANY CONFLICTS WERE TO ARISE DURING THE YEAR, THE INDIVIDUAL INVOLVED MUST DISCLOSE IT TO THE BOARD. THE BOARD MINUTES RECORD ANY POTENTIAL CONFLICTS DISCLOSED AND ANY ACTIONS TAKEN.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR'S COMPENSATION ANNUALLY. IT IS REVIEWED IN THE CONTEXT OF PERFORMANCE, THE ECONOMIC ENVIRONMENT, COST-OF-LIVING CHANGES, AND COMPARABLE POSITIONS AT SIMILAR NOT-FOR-PROFIT ORGANIZATIONS. OTHER OFFICERS AND KEY EMPLOYEES' COMPENSATION IS REVIEWED ANNUALLY BY THE FINANCE COMMITTEE AND TREASURER BASED ON RECOMMENDATIONS FROM THE EXECUTIVE DIRECTOR, AND 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 EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS FORM 990 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.
FORM 990, PART XI, LINE 5:NET UNREALIZED GAINS ON INVESTMENTS: 110,008. PRIOR PERIOD ADJUSTMENTS: -718,485. TOTAL TO FORM 990, PART XI, LINE 5: -608,477.CHANGES IN NET ASSETS OR FUND BALANCES:
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.

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