Techfreedom
- Assets
- $682.3k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 10
- Location
- Washington, DC
- Founding
- 01/2014
- Data as of
- 12/2021
- EIN
- 27-3567814
Organization Overview
Techfreedom is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Techfreedom employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Techfreedom is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Techfreedom generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 12.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TECHFREEDOM'S MISSION IS TO PROMOTE THE PROGRESS OF TECHNOLOGY THAT IMPROVES THE HUMAN CONDITION AND EXPANDS INDIVIDUAL CAPACITY TO CHOOSE. TECHFREEDOM ADVANCES THE FREEDOMS THAT MAKE EXPERIMENTATION, ENTREPRENEURSHIP AND INVESTMENT POSSIBLE, AND THUS UNLEASH THE ULTIMATE RESOURCE, HUMAN INGENUITY. ON A WIDE VARIETY OF ISSUES, TECHFREEDOM WILL OUTLINE A PATH FORWARD FOR POLICYMAKERS TOWARDS A BRIGHT FUTURE WHERE TECHNOLOGY ENHANCES FREEDOM AND FREEDOM ENHANCES TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, TECHFREEDOM STUDIED AND EXAMINED AREAS SUCH AS PRIVACY, REGULATION, INNOVATION, COMPETITION, AND FREE SPEECH IN ORDER TO PROMOTE IDEAS ABOUT THE ADVANCEMENT OF HUMAN WELL-BEING THROUGH TECHNOLOGICAL PROGRESS. TECHFREEDOM ALSO HOSTED, SPONSORED, AND PARTICIPATED IN EVENTS WITH TOPICS SUCH AS PRIVACY, REGULATION, INNOVATION, COMPETITION, AND FREE SPEECH. FINALLY, TECHFREEDOM PUBLISHED WHITE PAPERS, REGULATORY FINDINGS, ONLINE PUBLICATIONS, AND PUBLIC OUTREACH DOCUMENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Berin Szoka President | OfficerTrustee | 40 | $188,000 |
Daniel Benavente Chief Operat | Officer | 40 | $149,481 |
Shane Tews Chair Of The | Trustee | 10 | $0 |
Dan Compton Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $96,121 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,166,403 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,262,524 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,262,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $352,220 |
| Compensation of current officers, directors, key employees. | $109,188 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $550,579 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $49,271 |
| Payroll taxes | $71,324 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,588 |
| Fees for services: Accounting | $56,339 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,023 |
| Advertising and promotion | $0 |
| Office expenses | $22,628 |
| Information technology | $10,245 |
| Royalties | $0 |
| Occupancy | $36,137 |
| Travel | $9,518 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,071 |
| Interest | $585 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,819 |
| Insurance | $5,231 |
| All other expenses | $0 |
| Total functional expenses | $1,255,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $454,112 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $214,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,338 |
| Net Land, buildings, and equipment | $10,280 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,606 |
| Total assets | $682,336 |
| Accounts payable and accrued expenses | $7,143 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $38,871 |
| Total liabilities | $46,014 |
| Net assets without donor restrictions | $636,322 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $682,336 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Techfreedom has recieved totaling $91,038.
| Awarding Organization | Amount |
|---|---|
Ncta-The Internet & Television Association Washington, DC PURPOSE: 2021 GENERAL SUPPORT | $50,000 |
Charles Koch Foundation Arlington, VA PURPOSE: EDUCATIONAL PROGRAMS | $23,038 |
National Association Of Broadcasters Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |
Charles Koch Institute Arlington, VA PURPOSE: EDUCATION | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Tech Applied Research Corporation Arlington, VA | $4,609,993 | $12,977,041 |
Biomedical Research Institute Rockville, MD | $13,124,832 | $4,727,292 |
Japan Electric Power Information Center Usa Washington, DC | $336,624 | $1,683,711 |
The Nasw Foundation Inc Washington, DC | $4,034,849 | $1,641,457 |
Family Online Safety Institute - Us Washington, DC | $1,091,464 | $1,647,196 |
Finreglab Inc Washington, DC | $442,962 | $1,161,009 |
Techfreedom Washington, DC | $682,336 | $1,262,524 |
The Gridwise Alliance Inc Washington, DC | $267,601 | $781,844 |
Dciia Retirement Research Center Washington, DC | $0 | $592,000 |
Interacademy Partnership Inc Washington, DC | $423,156 | $0 |
National Institute Of Innovation And Technology Inc Hanover, MD | $338,205 | $443,557 |
Institute For Critical Infrastructure Technology Washington, DC | $46,478 | $321,878 |