Nonprofit · EIN 27-2034221
FREEDOM TRAIN INC
Tax-exempt · COVINGTON, LA 70434
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $204,941 | $208,581 | -$3,640 | $13,010 | $9,689 | $3,321 |
| December 31, 2023 | 990 | $218,966 | $235,722 | -$16,756 | $16,825 | $9,864 | $6,961 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $204,941
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $92,486
- Salaries, compensation and benefits (total)
- $101,961
- Professional fundraising fees
- $0
- Accounting fees
- $870
- Travel
- $5,652
- Program services (functional)
- $192,992
- Management and general (functional)
- $15,589
Balance sheet and other
- Total assets, start of year
- $16,825
- Total assets, end of year
- $13,010
- Total liabilities, end of year
- $9,689
- Net assets, end of year
- $3,321
- Net assets without donor restrictions
- $3,321
- Gross receipts
- $204,941
- Employees
- 1
- Year formed
- 2008
- State of legal domicile
- LA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID DIAMOND | Chairman Trustee or director, Officer | 40 | $92,486 |
| CARL KEMP | Director Trustee or director | 0 | $0 |
| JEREMY MANGERCHINE | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID DIAMOND | Chairman Trustee or director, Officer | 40 | $92,486 |
| CARL KEMP | Director Trustee or director | 0 | $0 |
| JEREMY MANGERCHINE | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 4565, COVINGTON, LA 70434-4565
- Signed the 990
- DAVID DIAMOND, Chairman
- Phone
- (985) 630-1186
- Return prepared by
- Bailey Tax and Financial LLC
Mission
FAITH AND FREEDOM MINISTRIES SERVES TO PROVIDE TRANSFORMATIONAL BIBLICAL TEACHING FOR THE PURPOSE OF CALLING FORTH CHRISTIANS TO EMBRACE THEIR IDENTITY IN CHRIST AND THUS WALK IN LIVES OF SERVICE, ACCOMPLISHING IN LOVE AND CONFIDENCE THOSE WORKS OF SERVICE WHICH CHRIST HAS PRE-ORDAINED FOR THEM.
Program accomplishments
- FAITH AND FREEDOM MINISTRIES SERVES TO PROVIDE TRANSFORMATIONAL BIBLICAL TEACHING FOR THE PURPOSE OF CALLING FORTH CHRISTIANS TO EMBRACE THEIR IDENTITY IN CHRIST AND THUS WALK IN LIVES OF SERVICE, ACCOMPLISHING IN LOVE AND CONFIDENCE THOSE WORKS OF SERVICE WHICH CHRIST HAS PRE-ORDAINED FOR THEM.Expenses $192,992
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2034221
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $13,010
- Income (IRS master file)
- $204,941
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $204,941 | $208,581 | $13,010 | XML |
| 990 | December 2023 | $218,966 | $235,722 | $16,825 | XML |
| 990 | December 2022 | $242,372 | $229,255 | $38,736 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about FREEDOM TRAIN INC
- What is the EIN of FREEDOM TRAIN INC?
- The employer identification number (EIN) of FREEDOM TRAIN INC is 27-2034221.
- Is FREEDOM TRAIN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to FREEDOM TRAIN INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FREEDOM TRAIN INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FREEDOM TRAIN INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FREEDOM TRAIN INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of FREEDOM TRAIN INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $92,486 (DAVID DIAMOND, Chairman).
- How much revenue does FREEDOM TRAIN INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $204,941, expenses of $208,581 and total assets of $13,010 at year end.
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