Freedom And Values Alliance Inc

  • Atlanta, GA
  • Tax exemption issued: Nov. 2012
  • EIN: 27-0424641

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Category: Public, Society Benefit — Multipurpose and Other / Citizen Participation (NTEE)

Donations to this organization are not tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,519
Expenses
$2,450
Net Income
$16,069
Net Assets
$642,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $18,519
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $642,818
Total Liabilities $0
Net Assets $642,818
Compensation
Key Employees and Officers Compensation Related Other
Ralph E Reed Jr (Chairman) $0 $0 $0
J Richard Mayfield Cfa (Secretary/treasurer) $0 $0 $0
Lisa Correnti (Director) $0 $0 $0

Document Links

990
Filed on June 19, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,927
Expenses
$1,502,902
Net Income
-$1,488,975
Net Assets
$626,749
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $13,927
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $626,749
Total Liabilities $0
Net Assets $626,749
Compensation
Key Employees and Officers Compensation Related Other
Ralph E Reed Jr (Chairman) $0 $0 $0
J Richard Mayfield Cfa (Secretary/treasurer) $0 $0 $0
Lisa Correnti (Director) $0 $0 $0

Document Links

990
Filed on Nov. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,721
Expenses
$2,100
Net Income
$6,621
Net Assets
$2,115,724
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $8,721
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,115,724
Total Liabilities $0
Net Assets $2,115,724
Compensation
Key Employees and Officers Compensation Related Other
Ralph E Reed Jr (Chairman) $0 $0 $0
J Richard Mayfield Cfa (Secretary/treasurer) $0 $0 $0
Lisa Correnti (Director) $0 $0 $0

Document Links

990
Filed on Oct. 12, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,858
Expenses
$2,430
Net Income
$428
Net Assets
$2,109,103
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,858
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,109,103
Total Liabilities $0
Net Assets $2,109,103
Compensation
Key Employees and Officers Compensation Related Other
Ralph E Reed Jr (Chairman) $0 $0 $0
J Richard Mayfield Cfa (Secretary/treasurer) $0 $0 $0
Lisa Correnti (Director) $0 $0 $0

Document Links

990
Filed on Aug. 1, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,956
Expenses
$5,232
Net Income
$2,724
Net Assets
$2,108,675
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $7,956
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,108,675
Total Liabilities $0
Net Assets $2,108,675
Compensation
Key Employees and Officers Compensation Related Other
Ralph E Reed Jr (Chairman) $0 $0 $0
J Richard Mayfield Cfa (Secretary/treasurer) $0 $0 $0
Lisa Correnti (Director) $0 $0 $0

Document Links

990
Filed on Nov. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$33,512
Expenses
$3,260
Net Income
$30,252
Net Assets
$2,105,951
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $19,180
57.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $14,332
42.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,105,951
Total Liabilities $0
Net Assets $2,105,951
Compensation
Key Employees and Officers Compensation Related Other
Ralph E Reed Jr (Chairman) $0 $0 $0
J Richard Mayfield Cfa (Secretary/treasurer) $0 $0 $0
Lisa Correnti (Director) $0 $0 $0

Document Links

990
Filed on Nov. 5, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,383
Expenses
$3,430
Net Income
$13,953
Net Assets
$2,075,699
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $17,383
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,075,699
Total Liabilities $0
Net Assets $2,075,699
Compensation
Key Employees and Officers Compensation Related Other
Ralph E Reed Jr (Chairman) $0 $0 $0
J Richard Mayfield Cfa (Secretary/treasurer) $0 $0 $0
Lisa Correnti (Director) $0 $0 $0

Document Links

990
Filed on Nov. 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,691
Expenses
$3,350
Net Income
$9,341
Net Assets
$2,061,746
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $12,691
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,061,746
Total Liabilities $0
Net Assets $2,061,746
Compensation
Key Employees and Officers Compensation Related Other
Ralph E Reed Jr (Chairman) $0 $0 $0
J Richard Mayfield Cfa (Secretary/treasurer) $0 $0 $0
Lisa Correnti (Director) $0 $0 $0

Document Links

990
Filed on Sept. 28, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,773
Expenses
$6,780
Net Income
-$4,007
Net Assets
$2,052,405
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,773
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,052,405
Total Liabilities $0
Net Assets $2,052,405
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Ralph E Reed Jr (Chairman) $0 $0 $0
J Richard Mayfield Cfa (Secretary/treasurer) $0 $0 $0
Lisa Correnti (Director) $0 $0 $0

Document Links

990
Filed on Aug. 1, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,772
Expenses
$0
Net Income
$2,772
Net Assets
$556,412
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,772
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $556,412
Total Liabilities $0
Net Assets $556,412
Compensation
Key Employees and Officers Compensation Related Other
Ralph E Reed Jr (President & Chairman) $0 $0 $0
J Richard Mayfield Cfa (Secretary/treasurer) $0 $0 $0
Lisa Correnti (Director) $0 $0 $0

Document Links

990
Filed on Oct. 6, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,933
Expenses
$3,770
Net Income
-$837
Net Assets
$553,639
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,933
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $553,639
Total Liabilities $0
Net Assets $553,639
Compensation
Key Employees and Officers Compensation Related Other
Ralph E Reed Jr (President & Chairman) $0 $0 $0
J Richard Mayfield Cfa (Secretary/treasurer) $0 $0 $0
Lisa Correnti (Director) $0 $0 $0

Document Links

990
Filed on Nov. 16, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,291
Expenses
$14,904
Net Income
-$11,613
Net Assets
$554,476
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,291
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $554,476
Total Liabilities $0
Net Assets $554,476
Compensation
Key Employees and Officers Compensation Related Other
Ralph E Reed Jr (President & Chairman) $0 $0 $0
J Richard Mayfield Cfa (Secretary/treasurer) $0 $0 $0
Lisa Correnti (Director) $0 $0 $0
Jo Anne Reed (Cfo) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 17, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,315
Expenses
$12,900
Net Income
-$9,585
Net Assets
$566,089
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,315
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $566,089
Total Liabilities $0
Net Assets $566,089

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,005,031
Expenses
$651,557
Net Income
$353,474
Net Assets
$575,674
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,000,000
99.5%
Program Services $0
Investment Income $5,031
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $575,674
Total Liabilities $0
Net Assets $575,674

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,009,442
Expenses
$1,070,585
Net Income
-$61,143
Net Assets
$222,200
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,005,000
99.6%
Program Services $0
Investment Income $4,442
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $222,200
Total Liabilities $0
Net Assets $222,200

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us

About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated