Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 85-4080008

FREEDOM PHILANTHROPIES INC

Tax-exempt · NEW YORK, NY 10005

Financials

$2.5M$2.5M2023$4.1M$4.2M2024
Revenue Expenses · by fiscal year end
Financials of FREEDOM PHILANTHROPIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,093,071$4,178,383-$85,312$3,532,285$16,444$3,515,841
December 31, 2023990$2,535,574$2,456,720$78,854$3,645,118$43,965$3,601,153
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,093,071
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,545,584
Compensation of officers, directors and key employees
$56,744
Salaries, compensation and benefits (total)
$61,984
Professional fundraising fees
$0
Legal fees
$180,000
Accounting fees
$64,143
Travel
$49,633
Program services (functional)
$3,876,202
Management and general (functional)
$302,181

Balance sheet and other

Total assets, start of year
$3,645,118
Total assets, end of year
$3,532,285
Total liabilities, end of year
$16,444
Net assets, end of year
$3,515,841
Net assets without donor restrictions
$3,515,841
Gross receipts
$4,093,071
Employees
2
Year formed
2020
State of legal domicile
NY

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.

NameTitleHours / weekCompensation
WALEED YAHYAEXECUTIVE DIRECTOR
Key employee
25$51,270
ABDULAZIZ ALMASSOUDIPROGRAM DIRECTOR
Trustee or director
25$32,500
SONIYA ALISECRETARY
Trustee or director
25$26,353
MOHAMED BAHIBOARD MEMBER
Former
10$25,250
MOHSIN AHMADTREASURER
Key employee
25$5,474
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
SONIYA ALISECRETARY
Trustee or director
10$0
ABDULAZIZ ALMASSOUDIPROGRAM DIRECTOR
Trustee or director
10$0
MOHAMED BAHIEXECUTIVE DIRECTOR
Officer
10$0

Address and contacts

Address (IRS master file)
99 WALL STREET SUITE 3013, NEW YORK, NY 10005-4301
In care of
% MOHSIN AHMAD
Signed the 990
MOHSIN AHMAD, TREASURER
Phone
(212) 213-3013
Return prepared by
A Z TAX SOLUTIONS

Mission

FREEDOM PHILANTHROPIES, INC. IS A BAKERY THAT PROVIDES FOOD TO THOSE SUFFERING FROM POVERTY AND HUNGER IN THIRD-WORLD COUNTRIES.

990 for the year ended December 31, 2024

Program accomplishments

  • FREEDOM PHILANTHROPIES, INC. IS A BAKERY THAT PROVIDES FOOD TO THOSE SUFFERING FROM POVERTY AND HUNGER IN THIRD-WORLD COUNTRIES.
    Expenses $3,876,202 · revenue $4,093,071

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-4080008
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,532,285
Income (IRS master file)
$4,093,071

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,093,071$4,178,383$3,532,285XML
990December 2023$2,535,574$2,456,720$3,645,118XML
990December 2022$2,617,564$1,983,308$3,522,299IRS
990December 2021$4,786,533$1,898,490$2,888,043IRS
990December 2020–––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 85-4080008).

Questions about FREEDOM PHILANTHROPIES INC

What is the EIN of FREEDOM PHILANTHROPIES INC?
The employer identification number (EIN) of FREEDOM PHILANTHROPIES INC is 85-4080008.
Is FREEDOM PHILANTHROPIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to FREEDOM PHILANTHROPIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREEDOM PHILANTHROPIES 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 PHILANTHROPIES 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 PHILANTHROPIES 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 PHILANTHROPIES INC?
The 990 for the year ended December 31, 2024 lists 5 people; 5 received compensation from the organization, the highest $51,270 (WALEED YAHYA, EXECUTIVE DIRECTOR).
How much revenue does FREEDOM PHILANTHROPIES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,093,071, expenses of $4,178,383 and total assets of $3,532,285 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York