Nonprofit · EIN 83-1471221
CENTER FOR A FREE ECONOMY
Tax-exempt · ALEXANDRIA, VA 22304
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,785,348 | $1,288,270 | $497,078 | $1,320,190 | $134,260 | $1,185,930 |
| December 31, 2023 | 990 | $1,174,600 | $973,012 | $201,588 | $823,452 | $134,500 | $688,952 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,756,000
- Program service revenue
- $0
- Investment income
- $29,348
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $362,500
- Program services (functional)
- $1,288,270
Balance sheet and other
- Total assets, start of year
- $823,452
- Total assets, end of year
- $1,320,190
- Total liabilities, end of year
- $134,260
- Net assets, end of year
- $1,185,930
- Publicly traded securities
- $829,483
- Gross receipts
- $1,785,348
- Employees
- 0
- Year formed
- 2018
- State of legal domicile
- VA
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 |
|---|---|---|---|
| RYAN ELLIS | PRESIDENT Trustee or director, Officer | 10 | $0 |
| PALMER SCHOENING | BOARD MEMBER Trustee or director | 1 | $0 |
| ALEX HENDRIE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX HENDRIE | BOARD MEMBER Trustee or director | 0 | $0 |
| PALMER SCHOENING | BOARD MEMBER Trustee or director | 0 | $0 |
| RYAN ELLIS | PRESIDENT Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 1605 STONEBRIDGE RD, ALEXANDRIA, VA 22304-1036
- In care of
- % RYAN ELLIS
- Principal officer (990 for 2024)
- RYAN ELLIS, 1605 STONEBRIDGE ROAD, Alexandria, VA 22304
- Signed the 990
- RYAN ELLIS, PRESIDENT
- Phone
- (202) 390-6729
- Return prepared by
- Ryan Ellis LLC
Mission
TO EDUCATE THE PUBLIC AND POLICYMAKERS ABOUT TAX POLICY, HEALTH CARE POLICY, TRADE POLICY, AND OTHER ISSUES RELATED TO ECONOMIC POLICY
Program accomplishments
- DIRECT EDUCATIONAL ADVOCACY TO EDUCATE THE PUBLIC ON ISSUES RELATED TO EXEMPT PURPOSESExpenses $1,288,270 · revenue $1,785,348
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
- 83-1471221
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S01)
- Assets (IRS master file)
- $1,320,190
- Income (IRS master file)
- $1,785,348
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,785,348 | $1,288,270 | $1,320,190 | IRS |
| 990 | December 2023 | $1,174,600 | $973,012 | $823,452 | XML |
| 990 | December 2022 | $538,212 | $527,536 | $621,864 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 83-1471221).
Questions about CENTER FOR A FREE ECONOMY
- What is the EIN of CENTER FOR A FREE ECONOMY?
- The employer identification number (EIN) of CENTER FOR A FREE ECONOMY is 83-1471221.
- Is CENTER FOR A FREE ECONOMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2019.
- Are donations to CENTER FOR A FREE ECONOMY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CENTER FOR A FREE ECONOMY 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 CENTER FOR A FREE ECONOMY 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 CENTER FOR A FREE ECONOMY 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 CENTER FOR A FREE ECONOMY?
- The 990 for the year ended December 31, 2024 names RYAN ELLIS.
- Who are the officers and directors of CENTER FOR A FREE ECONOMY?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does CENTER FOR A FREE ECONOMY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,785,348, expenses of $1,288,270 and total assets of $1,320,190 at year end.
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All nonprofits in ALEXANDRIA · Virginia · Community improvement and capacity building