Nonprofit · EIN 46-4953078
FREE WILL FOUNDATION INC
Tax-exempt · FOLSOM, CA 95763
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $935,783 | $954,466 | -$18,683 | $369,502 | $154,073 | $215,429 |
| December 31, 2023 | 990 | $764,950 | $759,790 | $5,160 | $389,403 | $155,291 | $234,112 |
| December 31, 2021 | 990 | $361,802 | $227,423 | $134,379 | $267,792 | $0 | $267,792 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $41,004
- Program service revenue
- $894,779
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $30,000
- Other salaries and wages
- $329,860
- Salaries, compensation and benefits (total)
- $390,336
- Professional fundraising fees
- $0
- Legal fees
- $3,167
- Travel
- $4,433
- Depreciation
- $19,475
- Program services (functional)
- $940,734
- Management and general (functional)
- $13,732
Balance sheet and other
- Total assets, start of year
- $389,403
- Total assets, end of year
- $369,502
- Total liabilities, end of year
- $154,073
- Net assets, end of year
- $215,429
- Land, buildings and equipment
- $60,494
- Net assets without donor restrictions
- $215,429
- Gross receipts
- $935,783
- Employees
- 23
- Volunteers
- 59
- State of legal domicile
- CA
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 |
|---|---|---|---|
| Joel Solomon | Executive Dir. Trustee or director | 40 | $30,000 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joel Solomon | Executive Dir. Trustee or director | 40 | $25,000 |
990 for the year ended December 31, 2021: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joel Solomon | Executive Dir. Trustee or director | 40 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 941, FOLSOM, CA 95763-0941
- In care of
- % JOEL SOLOMON
- Mailing address (990-N for 2014)
- PO Box 941, Folsom CA 95763
- Principal officer (990 for 2024)
- Joel Solomon, 1567 Terracina Drive, El Dorado Hills, CA 95762
- Principal officer (990-N for 2014)
- Joel Solomon, PO Box 941, Folsom CA 95763
- Signed the 990
- Joel Solomon, Executive Dir.
- Phone
- (916) 358-9000
- Website
- freewillfoundation.org
- Return prepared by
- Tidwell & Associates CPAs
California records
California keeps its own records of charities and corporations. Search them by EIN 46-4953078 or by the name FREE WILL FOUNDATION INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Create solutions to help end homelessness, building community based programs that provide assistance to homeless men, women, and children.
Program accomplishments
- The Free Will Foundation operates local thrift shops to support homeless individuals with clothing and necessities to survive more comfortably in their surroundings as well as obtain temporary job opportunities. We provide those in the local communities with budgetary and living challenges with an affordable and sustainable retail shopping alternative for personal, home and business needs. We provide financial support to local causes for helpless animals.Expenses $940,734 · revenue $894,779
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
- 46-4953078
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- 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 (P99)
- Assets (IRS master file)
- $369,502
- Income (IRS master file)
- $935,783
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $935,783 | $954,466 | $369,502 | XML |
| 990 | December 2023 | $764,950 | $759,790 | $389,403 | XML |
| 990 | December 2022 | $459,970 | $498,810 | $323,853 | IRS |
| 990 | December 2021 | $361,802 | $227,423 | $267,792 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: Joel Solomon | December 31, 2014 | ≤ $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 46-4953078).
Questions about FREE WILL FOUNDATION INC
- What is the EIN of FREE WILL FOUNDATION INC?
- The employer identification number (EIN) of FREE WILL FOUNDATION INC is 46-4953078.
- Is FREE WILL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to FREE WILL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FREE WILL FOUNDATION 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 FREE WILL FOUNDATION 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 FREE WILL FOUNDATION INC 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 FREE WILL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Joel Solomon.
- Who are the officers and directors of FREE WILL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $30,000 (Joel Solomon, Executive Dir.).
- How much revenue does FREE WILL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $935,783, expenses of $954,466 and total assets of $369,502 at year end.
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