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Nonprofit · EIN 65-0232400

THE FREEDOM INSTITUTE INC

Tax-exempt · NAPLES, FL 34104

Financials

$567K$319K2022$871K$1.5M2023$2.5M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of THE FREEDOM INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,500,171$1,793,159$707,012$6,754,066$84,867$6,669,199
June 30, 2024990$871,497$1,494,242-$622,745$5,978,747$214,475$5,764,272
June 30, 2023990$566,621$319,326$247,295$6,315,474$182,142$6,133,332
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,236,804
Program service revenue
$1,042,868
Investment income
$220,499
Net gain from sales of assets
$94,696
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$425,209
Other salaries and wages
$514,192
Salaries, compensation and benefits (total)
$1,110,539
Professional fundraising fees
$0
Legal fees
$27,446
Accounting fees
$26,105
Occupancy
$134,008
Travel
$30,669
Depreciation
$94,689
Program services (functional)
$1,199,360
Management and general (functional)
$593,799

Balance sheet and other

Total assets, start of year
$5,978,747
Total assets, end of year
$6,754,066
Total liabilities, end of year
$84,867
Net assets, end of year
$6,669,199
Land, buildings and equipment
$1,915,484
Net assets without donor restrictions
$6,669,199
Gross receipts
$2,500,171
Employees
17
Volunteers
4
Year formed
1994
State of legal domicile
FL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CHRISTOPHER MARKERCEO- FREEDOM INSTITUTE
Trustee or director, Officer
40$209,499$23,017
NATHAN POTEETVICE PRINCIPAL
Key employee
40$152,859$19,322
THOMAS R GRADYPRESIDENT
Trustee or director, Officer
1$0$0
EDWARD MORTONVP, SECRETARY, TREASURER
Trustee or director, Officer
1$0$0
TAD DEKKOTRUSTEE
Trustee or director
1$0$0
BILL BARKERDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensationOther / benefits
CHRIS MARKERCEO- FREEDOM INSTITUTE
Trustee or director, Officer
40$109,233$10,493
THOMAS R GRADYPRESIDENT
Trustee or director, Officer
1$0$0
EDWARD NORTONVP, SECRETARY, TREASURER
Trustee or director, Officer
1$0$0
TAD DEKKOTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
THOMAS R GRADYPRESIDENT / CEO
Trustee or director, Officer
1$0
EDWARD A MORTONVP, SECRETARY, TREASURER
Trustee or director, Officer
1$0
TAD DEKKOTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2706 SOUTH HORSESHOE DR, NAPLES, FL 34104-6142
In care of
% DRI-DEK CORP
Principal officer (990 for 2024)
EDWARD A MORTON, 2706 SOUTH HORSESHOE DR, NAPLES, FL 34104
Signed the 990
EDWARD A MORTON, TRUSTEE
Phone
(239) 643-0578
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

QUEST EDUCATIONAL FOUNDATION THROUGH ITS AFFILIATED FREEDOM INSTITUTE OF COLLIER COUNTY IS BROADENING STUDENTS' EDUCATION EXPERIENCE TO INCLUDE CHARACTER, CONSTITUTION, CIVICS, CONSUMER FINANCE AND COMMON SENSE.

990 for the year ended June 30, 2025

Program accomplishments

  • THE FREEDOM INSTITUTE IS MORE THAN A HIGH SCHOOL. IT OFFERS A PERSONALIZED LEARNING MODEL THAT EMPOWERS STUDENTS TO TAILOR THEIR EDUCATION TO THEIR UNIQUE INTERESTS AND COLLEGE AND CAREER ASPIRATIONS. THE FREEDOM INSTITUTE PROVIDES COLLEGE AND HIGH SCHOOL COURSES (INCLUDING FREEDOM'S C5 CURRICULUM), COLLEGE PREP, CAREER PREP, JOB PLACEMENT, AND INTERNSHIPS. FREEDOM STUDENTS WILL BE WELL-PREPARED FOR THEIR CHOSEN POST-GRADUATION PATHS AND READY FOR A LIFETIME OF ECONOMIC FREEDOM.PROGRAMS ARE CURRENTLY IN THE DEVELOPMENT STAGE AND ENVISION WORKING WITH 10-15 STUDENTS INITIALLY.
    Expenses $1,199,360 · revenue $1,042,868

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
65-0232400
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
1992
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P400)
Assets (IRS master file)
$6,754,066
Income (IRS master file)
$2,500,171

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,500,171$1,793,159$6,754,066IRS
990June 2024$871,497$1,494,242$5,978,747XML
990June 2023$566,621$319,326$6,315,474XML
990June 2022$197,912$179,668$5,860,457IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

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 65-0232400).

Questions about THE FREEDOM INSTITUTE INC

What is the EIN of THE FREEDOM INSTITUTE INC?
The employer identification number (EIN) of THE FREEDOM INSTITUTE INC is 65-0232400.
Is THE FREEDOM INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to THE FREEDOM INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE FREEDOM INSTITUTE 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 THE FREEDOM INSTITUTE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE FREEDOM INSTITUTE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE FREEDOM INSTITUTE INC?
The 990 for the year ended June 30, 2025 names EDWARD A MORTON.
Who are the officers and directors of THE FREEDOM INSTITUTE INC?
The 990 for the year ended June 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $209,499 (CHRISTOPHER MARKER, CEO- FREEDOM INSTITUTE).
How much revenue does THE FREEDOM INSTITUTE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,500,171, expenses of $1,793,159 and total assets of $6,754,066 at year end.

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