Financial Freedom Network in Philadelphia, Pennsylvania (PA)

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Financial Freedom Network
Employer Identification Number (EIN)770700326
Name of OrganizationFinancial Freedom Network
In Care of NameTHANE MARTIN
AddressC/O Thane Martin 1528 Walnut St Apt, Philadelphia, PA 19102
SubsectionCharitable Organization, Educational Organization
Ruling Date12/2008
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Not required to file (all other)
Asset Amount$48,621
Amount of Income$70,187
Form 990 Revenue Amount$70,187
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Services to Promote the Independence of Specific Populations


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Amount of income in 2013: $70,187 (it was $0 in 2012)
Financial Freedom Network: 

 $70,187
Other organizations performing similar types of work: 

 $87,071

Assets in 2013: $48,621 (it was $0 in 2012)
Financial Freedom Network: 

 $48,621
Other organizations performing similar types of work: 

 $45,697

Expenses in 2011: $74,748
Financial Freedom Network: 

 $74,748
Other organizations performing similar types of work: 

 $79,916

Income to expenses ratio in 2011: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2011: 0.0%
Financial Freedom Network: 

 0.0%
Other organizations performing similar types of work: 

 93.5%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$70,187
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$70,187
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$74,748
Total net assets$1,458
Deficit for the year$-4,561
Net assets or fund balances at beginning of year$71,019
Other changes in net assets or fund balances$-65,000
Balance Sheets (for 2011)
Total assets$48,621
Total liabilities$47,163
Net assets or fund balances$1,458
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$356,312
Gifts, grants, contributions, and membership fees received$356,312
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Washington Area Womens Foundation Inc1331 H St Nw Ste 1000, Washington, DC 20005-4745DC1997-09$2,978,690
2Typical Life Corporation707 Loucks Rd, York, PA 17404-1730PA1999-12$7,654,088
3Quality Progressions1339 Chestnut St Ste 700, Philadelphia, PA 19107-3519PA2004-05$7,281,553
4Arc Fayette80 Old New Salem Rd, Uniontown, PA 15401-8902PA2014-05$4,128,788
5Touch-Stone Solutions IncPO BOX 766, Meadville, PA 16335-6766PA1996-05$3,000,848
6Tripil69 E Beau St, Washington, PA 15301-4711PA2002-09$2,084,330
7Empowering People In The Community Inc225 E City Ave, Bala Cynwyd, PA 19004-1704PA2011-02$1,927,240
8Clarion Area Agency On Aging Inc12 Grant St, Clarion, PA 16214-1006PA2011-05$1,586,534
9Talk Inc104 Great Oak Dr, Downingtown, PA 19335-1048PA2001-05$1,488,065
10The Arc Community Trust Of Pennsylvania1012 W 9th Ave Ste 215, Kng Of Prussa, PA 19406-1012PA2002-02$1,099,244
11Self-Determination Housing Project Of Pennsylvania717 E Lancaster Ave, Downingtown, PA 19335-2719PA1998-10$1,070,597
12Sandra C Lesser Charitable Foundtion9425 Stenton Ave, Erdenheim, PA 19038-8231PA2014-08$1,030,824
13A Bridge To Independence1929 Ewashington Street, New Castle, PA 16101PA2013-10$999,539
14Workplace Technology Foundation588 N Gulph Rd 110, King Of Prussia, PA 19406-2831PA2002-05$992,507
15The Encampment Store1400 N Outer Line Dr, Kng Of Prussa, PA 19406-1000PA2006-06$799,491
16Quest Therapeutic Services Inc461 Cann Rd, West Chester, PA 19382-1715PA2003-05$777,024
17The Jerry Segal Classic1700 Benjamin Franklin Pkwy, Philadelphia, PA 19103-2735PA1996-02$746,290
18Vineyard Personal Care Home Inc3030 Columbia Ave, Lancaster, PA 17603-4011PA2008-02$558,962
19Twilight Wish FoundationPO BOX 1042, Doylestown, PA 18901-0017PA2003-12$408,640
20Service Coordination Of South Central Pennsylvania Inc141 Broadway, Hanover, PA 17331-2547PA2014-08$398,349
Number of organizations performing similar types of work
Alaska29
Alabama132
Arkansas57
Arizona133
California956
Colorado173
Connecticut75
District of Columbia80
Delaware17
Florida612
Georgia327
Hawaii40
Iowa61
Idaho46
Illinois305
Indiana131
Kansas68
Kentucky73
Louisiana110
Massachusetts182
Maryland216
Maine37
Michigan286
Minnesota159
Missouri166
Mississippi72
Montana38
North Carolina265
North Dakota18
Nebraska47
New Hampshire38
New Jersey195
New Mexico58
Nevada60
New York466
Ohio281
Oklahoma84
Oregon115
Pennsylvania274
Rhode Island18
South Carolina119
South Dakota17
Tennessee162
Texas605
Utah66
Virginia217
Vermont32
Washington152
Wisconsin118
West Virginia49
Wyoming21
International20
Total8,078

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