Nonprofit · EIN 46-3280693
THE FREEDOM FOUNDATION
Tax-exempt · CEDAR RAPIDS, IA 52402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,429,425 | $287,551 | $1,141,874 | $2,232,232 | $0 | $2,232,232 |
| December 31, 2023 | 990 | $533,503 | $247,909 | $285,594 | $1,088,688 | $0 | $1,088,688 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,425,842
- Program service revenue
- $0
- Investment income
- $2,793
- Net income from sales of inventory
- $790
- Other revenue
- $790
Expenses
- Grants and similar amounts paid
- $81,539
- Compensation of officers, directors and key employees
- $62,178
- Other salaries and wages
- $15,943
- Salaries, compensation and benefits (total)
- $94,629
- Professional fundraising fees
- $0
- Accounting fees
- $8,547
- Occupancy
- $16,231
- Depreciation
- $42,315
- Program services (functional)
- $253,959
- Management and general (functional)
- $31,727
- Fundraising (functional)
- $1,865
Balance sheet and other
- Total assets, start of year
- $1,088,688
- Total assets, end of year
- $2,232,232
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,232,232
- Land, buildings and equipment
- $1,360,862
- Gross receipts
- $1,429,425
- Employees
- 3
- Volunteers
- 234
- Year formed
- 2013
- State of legal domicile
- IA
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 |
|---|---|---|---|
| Lexi Coberly | Executive Dir. Officer | 40 | $62,178 |
| Brian Eschen | President Officer | 40 | $0 |
| Roger Jensen | Vice President Officer | 25 | $0 |
| Thomas Ward | Treasurer Officer | 5 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEXI COBERLY | EXECUTIVE DIRECTOR Officer | 40 | $66,154 |
| BRIAN ESCHEN | PRESIDENT Trustee or director, Officer | 40 | $0 |
| ROGER JENSEN | BOARD VICE PRESIDENT Trustee or director, Officer | 25 | $0 |
| AMANDA BRANT | SECRETARY Trustee or director, Officer | 2 | $0 |
| MATT DLOUHY | TREASURER Trustee or director, Officer | 5 | $0 |
| DERRICK CLAYE | DIRECTOR Trustee or director | 2 | $0 |
| ALICIA FAUST | DIRECTOR Trustee or director | 2 | $0 |
| ROB KLEIN | DIRECTOR Trustee or director | 2 | $0 |
| JIM NEAL | DIRECTOR Trustee or director | 2 | $0 |
| CHRIS WHEELER | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 4001 CENTER POINT RD NE, CEDAR RAPIDS, IA 52402-6406
- In care of
- % CHARLES F ELIAS
- Mailing address (990-N for 2015)
- PO BOX 1422, CEDAR RAPIDS IA 52401
- Principal officer (990-N for 2015)
- CHARLES F ELIAS, PO BOX 1422, CEDAR RAPIDS IA 52401
- Signed the 990
- Brian Eschen, President
- Phone
- (319) 826-2010
- Website
- WWW.USFREEDOMFOUNDATION.ORG
- Return prepared by
- Entrepreneurial Services Group LLC
Mission
The Freedom Foundation serves many needs of active duty, reserve and honorably discharged military veterans. We provide a place for veterans to interact with fellow veterans and share in the camaraderie that they have shared while proudly serving our country. We diligently work within our organization and other organizatins to assist veterans with lodging, food, transportation, financial and physical/mental medical assistance. Our center provides a resource center and guidance to navigate the best path for our individuals' needs. We strive to create close interpersonal relationships and an emotional safety net with all of our veterans.
Program accomplishments
- Veterans food pantry and lunch Program: Veterans receive food throughout the year through meals served as well as delivery of food pantry items to individuals that may have medical or mental health issues. During 2024, we served 4,053 veteran meals through the veteran's lunch program and 3,610 veterans received goods from the food pantry.Expenses $128,434 · grants $41,760
- Veterans emergency assistance fund (VEAF) helps veterans when they are a little short financially or with basic items needed (ex. winter coat). We help veterans with their rent, deposits, utilities and auto repairs/tags/registration. We assisted 84 veterans in emergency financial need.Expenses $125,000 · grants $39,254
- Veterans homeless shelter program: Putting veterans in shelters to keep them off the street and get them into permanent housing. In 2024, this program provided housing for 3 veterans.Expenses $525 · grants $525
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
- 46-3280693
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P50)
- Assets (IRS master file)
- $2,232,232
- Income (IRS master file)
- $1,429,425
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,429,425 | $287,551 | $2,232,232 | XML |
| 990 | December 2023 | $533,503 | $247,909 | $1,088,688 | XML |
| 990 | December 2022 | $344,359 | $191,825 | $803,094 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: CHARLES F ELIAS | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 46-3280693).
Questions about THE FREEDOM FOUNDATION
- What is the EIN of THE FREEDOM FOUNDATION?
- The employer identification number (EIN) of THE FREEDOM FOUNDATION is 46-3280693.
- Is THE FREEDOM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to THE FREEDOM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE FREEDOM FOUNDATION 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 THE FREEDOM FOUNDATION 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 THE FREEDOM FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE FREEDOM FOUNDATION?
- The 990-N for 2015 names CHARLES F ELIAS.
- Who are the officers and directors of THE FREEDOM FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $62,178 (Lexi Coberly, Executive Dir.).
- How much revenue does THE FREEDOM FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,429,425, expenses of $287,551 and total assets of $2,232,232 at year end.
Other nonprofits in CEDAR RAPIDS
- FOUR OAKS FAMILY AND CHILDRENS SERVICES EIN 42-0998726 · last filed 990 for 2025
- METH-WICK COMMUNITY EIN 42-0838541 · last filed 990 for 2025
- COTTAGE GROVE PLACE EIN 42-1412375 · last filed 990 for 2025
- DISCOVERY LIVING INC EIN 42-1082773 · last filed 990 for 2025
- WAYPOINT SERVICES FOR WOMEN CHILDREN AND FAMILIES EIN 42-0680307 · last filed 990 for 2025
- YOUNG MENS CHRISTIAN ASSOCIATION OF THE CEDAR RAPIDS METROPOLITAN AREA EIN 42-0680306 · last filed 990 for 2025
- HEARTLAND GOODWILL ENTERPRISES EIN 46-3331510 · last filed 990 for 2024
- HORIZONS A FAMILY SERVICE ALLIANCE EIN 42-1135083 · last filed 990 for 2025