Freedom Business Alliance Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: International, Foreign Affairs and National Security / International Development, Relief Services (NTEE)

Donations to this organization are 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.
2025

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$65,055
Expenses
$97,777
Net Income
-$32,722
Net Assets
$14,011
Notable Sources of Revenue Percent of Total Revenue
Contributions $65,055
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $34,888
Total Liabilities $20,877
Net Assets $14,011
Compensation
Key Employees and Officers Compensation Other
Karen Schmidt (Executive Director) $13,375 $0
Shandra Woworuntu (Board Member) $81 $0
Rachel Nelson (Chair) $0 $0
Vanessa Bouche (Vice Chair) $0 $0
Bryan Prosek (Secretary) $0 $0
David Eng (Treasurer) $0 $0
Lauren Pinkston (Board Member) $0 $0
Ryan Berg (Board Member) $0 $0
Gray Shipley (Board Member) $0 $0
Tun Cheng Ong (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$454,108
Expenses
$435,242
Net Income
$18,866
Net Assets
$50,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $420,517
92.6%
Program Services $33,591
7.4%
Investment Income $0
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 $79,552
Total Liabilities $28,819
Net Assets $50,733
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lauren Pinkston (Chair) $0 $0 $0
Bryan Prosek (Treasurer) $0 $0 $0
Rachel Nelson (Secretary) $0 $0 $0
Ryan Berg (Board Member) $0 $0 $0
Gray Shipley (Board Member) $0 $0 $0
Tun Cheng Ong (Board Member) $0 $0 $0
Shandra Woworuntu (Board Member) $0 $0 $0
Vanessa Bouche (Board Member) $0 $0 $0
Karen Schmidt (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$91,119
Expenses
$130,408
Net Income
-$39,289
Net Assets
$31,867
Notable Sources of Revenue Percent of Total Revenue
Contributions $91,119
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $51,367
Total Liabilities $19,500
Net Assets $31,867
Compensation
Key Employees and Officers Compensation Other
Karen Schmidt (Executive Director) $0 $0
Larry Sharp (Chair) $0 $0
Stewart Heath (Treasurer) $0 $0
Bryan Prosek (Secretary) $0 $0
Ryan Berg (Board Member) $0 $0
Gray Shipley (Board Member) $0 $0
Lauren Pinkston (Board Member) $0 $0
Shandra Woworuntu (Board Member) $0 $0
Vanessa Bouche (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$171,695
Expenses
$186,113
Net Income
-$14,418
Net Assets
$22,160
Notable Sources of Revenue Percent of Total Revenue
Contributions $171,695
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $44,197
Total Liabilities $22,037
Net Assets $22,160
Compensation
Key Employees and Officers Compensation Other
Rachel Nelson (Executive Dir.) $18,000 $0
Karen Schmidt (Executive Dir.) $14,402 $0
Larry Sharp (Chairman) $0 $0
Gray Shipley (Director) $0 $0
Tung Cheng Ong (Director) $0 $0
Bryan Prosek (Secretary) $0 $0
Stewart Heath (Treasurer) $0 $0
Ryan Berg (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$170,190
Expenses
$134,653
Net Income
$35,537
Net Assets
$36,578
Notable Sources of Revenue Percent of Total Revenue
Contributions $149,821
88.0%
Program Services $20,098
11.8%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $271
0.2%
Other Revenue $0
Assets/Debt
Total Assets $72,001
Total Liabilities $35,423
Net Assets $36,578
Compensation
Key Employees and Officers Compensation Other
Rachel Rose Nelson (Executive Director) $60,000 $0
Larry Sharp (Chair) $0 $0
Bryan Prosek (Secretary) $0 $0
Stewart Heath (Treasurer) $0 $0
Tung Cheng Ong (Director) $0 $0
Gray Shipley (Director) $0 $0
Nicole Robyn (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$54,747
Expenses
$92,987
Net Income
-$38,240
Net Assets
$1,041
Notable Sources of Revenue Percent of Total Revenue
Contributions $50,748
92.7%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $3,999
7.3%
Other Revenue $0
Assets/Debt
Total Assets $27,859
Total Liabilities $26,818
Net Assets $1,041
Compensation
Key Employees and Officers Compensation Other
Rachel Rose Nelson (Executive Director) $60,000 $0
Larry Sharp (Director) $0 $0
Tun-cheng Ong (Director) $0 $0
Nicole Robyn (Director) $0 $0
Gary Shipley (Director) $0 $0
Heidi Guarino-ramos (Director) $0 $0
Bryan Prosek (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Gross receipts
Less than $50,000

Postcard filings do not ask for a specific revenue amount and provide no additional financial details.

Document Links

Fiscal Year Ending Dec.
2018

Gross receipts
Less than $50,000

Postcard filings do not ask for a specific revenue amount and provide no additional financial details.

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$83,830
Expenses
$68,923
Net Income
$14,907
Net Assets
$43,753
Notable Sources of Revenue Percent of Total Revenue
Contributions $40,756
48.6%
Program Services $43,074
51.4%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $43,753
Total Liabilities $0
Net Assets $43,753

Document Links

Fiscal Year Ending Dec.
2016

Gross receipts
Less than $50,000

Postcard filings do not ask for a specific revenue amount and provide no additional financial details.

Document Links

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.

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