NonprofitsFreedom Institute Inc

Crime & Legal-Related

Freedom Institute Inc

GRAND JCT, CO

Total revenue

$1.5M

Total expenses

$1.4M

Net assets

$277K

Grants received

$600K

3 grants

EIN

852644215

Tax year

2022

Mission

The Freedom Institute exists to break the generational cycle of poverty and incarceration by rebuilding lives, restoring families and revitalizing communities.

Programs

2 programs

Transitional Housing TFIs Housing Program exists to provide housing support, guidance, resources and hope for participants to avoid destitution and safely transition from incarceration or homelessness. This success is achieved by securing participants with a transitional-home then guiding them to stable housing, with the end goal of home ownership for those who qualify. We provide a healthy environment, where participants engage in a culture of care, responsibility and accountability. They receive guided support to develop the skills necessary to create practical pathways leading them to safe, stable and self-sufficient housing.

Expenses: $311KGrants: $2K

Social Enterprise Freedom Industries was birthed out of a need to provide participants with training and employment opportunities that would supersede the stigma associated with incarceration. By validating our participants inherit worth and potential, we restore their dignity and offer them a career pathway. This success is achieved through apprenticeships and vocational employment. Freedom Industries partners with local community businesses to hire and train our participants in a specific trade. We develop skills for life stability and create community through teams, while cultivating work ethic and responsibility. It is our goal to to produce healthy, contributing members of society by training and staffing participants in all levels of employement including helping them to launch their own business, when possible.

Expenses: $331KGrants: $2K

Financials

FY 2022

Revenue

Contributions & grants$1.1M
Program service revenue$404K
Investment income$68
Other revenue$5K
Total revenue$1.5M

Expenses

Grants paid$109K
Salaries & benefits$738K
Fundraising
Other expenses$601K
Total expenses$1.4M
Total assets$286K
Net assets$277K

People

3 listed

NameRoleCompensation

Micah Espinoza

President/CEO

Board

$82K

45 hrs/wk

William Page

Treasurer

Board

1 hrs/wk

Tim Denning

Secretary

Board

1 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$200K
Support for Transforming Justice Project, 2023-2025
2023
$200K
Support for Transforming Justice Project.
2022
$200K
Support for The Freedom Institute to lead justice reform efforts in Mesa County, Colorado as part of the Transforming Justice Initiative.
2021

Funded by

$600K from 1 funder · 3 grants · 2021–2023

Public Welfare Foundation Inc

$600K · 3 grants · 2021–2023

Details

EIN852644215
NTEE codeI20
Subsection03
Ruling date2022-03
Formed2020
Employees37
Volunteers100
FREEDOM INSTITUTE INC — Mission, Financials & Grants Received | Grantivo