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Nonprofit · EIN 95-4864038

FREENET PROJECT INC

Tax-exempt · AUSTIN, TX 78722

Financials

$257K$119K2022$203K$224K2023$203K$223K2024$202K$215K2025
Revenue Expenses · by fiscal year end
Financials of FREENET PROJECT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$201,889$214,695-$12,806$131,694$0$131,694
December 31, 2024990$202,567$223,150-$20,583$144,500$0$144,500
December 31, 2023990$203,050$224,351-$21,301$165,083$0$165,083
December 31, 2022990$257,470$118,943$138,527$186,384$0$186,384
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$201,825
Program service revenue
$0
Investment income
$64
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$146,754
Other salaries and wages
$508
Salaries, compensation and benefits (total)
$158,655
Professional fundraising fees
$0
Legal fees
$145
Accounting fees
$5,889
Travel
$20
Program services (functional)
$184,293
Management and general (functional)
$30,402

Balance sheet and other

Total assets, start of year
$144,500
Total assets, end of year
$131,694
Total liabilities, end of year
$0
Net assets, end of year
$131,694
Net assets without donor restrictions
$131,694
Gross receipts
$201,889
Employees
1
Year formed
2000
State of legal domicile
TX

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Ian ClarkePresident & CEO
Trustee or director, Officer
40$146,754
Steven StarrTreasurer
Trustee or director, Officer
4$0
Michael GrubeDirector
Trustee or director
2$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Ian ClarkePresident & CEO
Trustee or director, Officer
40$144,000
Steven StarrTreasurer
Trustee or director, Officer
4$0
Michael GrubeDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Ian ClarkePresident & CEO
Trustee or director, Officer
40$132,000
Steven StarrTreasurer
Trustee or director, Officer
4$0
Michael GrubeDirector
Trustee or director
2$0
990 for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
Ian ClarkePresident & CEO
Trustee or director, Officer
40$0
Steven StarrSecretary
Trustee or director
4$0
Ali MeierTreasurer
Trustee or director
4$0

Address and contacts

Address (IRS master file)
3814 BROOKVIEW RD, AUSTIN, TX 78722-1324
In care of
% IAN CLARKE
Principal officer (990 for 2025)
Ian Clarke, 3814 Brookview Road, Austin, TX 78722
Signed the 990
Ian Clarke, President & CEO
Phone
(512) 524-7255
990-N for 2021 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Ian Clarke, 3814 Brookview Road, Austin TX 78722. Mailing address: 3814 Brookview Road, Austin TX 78722.
Return prepared by
For Purpose Law Group

Mission

The Freenet Project develops and maintains free, open-source software that enables decentralized communication and information sharing, with the goal of promoting privacy, freedom of expression, and access to information for the public benefit.

990 for the year ended December 31, 2025

Program accomplishments

  • Virtually all of Freenet's revenue has been used to create the Freenet software, an open source platform designed as a replacement for the world wide web.
    Expenses $184,293

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
95-4864038
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
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$131,694
Income (IRS master file)
$201,889

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$201,889$214,695$131,694XML
990December 2024$202,567$223,150$144,500XML
990December 2023$203,050$224,351$165,083XML
990December 2022$257,470$118,943$186,384XML
990-N for 2021
Officer: Ian Clarke
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2021≤ $50,000 receipts––e-Postcard
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 95-4864038).

Questions about FREENET PROJECT INC

What is the EIN of FREENET PROJECT INC?
The employer identification number (EIN) of FREENET PROJECT INC is 95-4864038.
Is FREENET PROJECT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to FREENET PROJECT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FREENET PROJECT 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 FREENET PROJECT INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FREENET PROJECT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FREENET PROJECT INC?
The 990 for the year ended December 31, 2025 names Ian Clarke.
Who are the officers and directors of FREENET PROJECT INC?
The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $146,754 (Ian Clarke, President & CEO).
How much revenue does FREENET PROJECT INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $201,889, expenses of $214,695 and total assets of $131,694 at year end.

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