Freedom Reign Foundation
- Assets
- $35.3m
- Revenue
- $735.8k
- Investments
- $32.8m
- Employees
- 0
- Location
- Monte Sereno, CA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-2720183
Organization Overview
Freedom Reign Foundation is located in Monte Sereno, CA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom Reign Foundation 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 12/2022, Freedom Reign Foundation generated $735.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 14.7% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
EQUINE SANCTUARY - PROVIDE HABITAT, CARE, AND FEED FOR HORSES DESTINED FOR SLAUGHTER. PROVIDING EDUCATIONAL MATERIALS ON THE PLIGHT OF HORSES IN NEED.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $149,364 |
| Interest on Savings | $56,681 |
| Dividends & Interest | $35,358 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $448,093 |
| Capital Gain Net Income | $448,093 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $46,300 |
| Total Revenue | $735,796 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $156,225 |
| Pension plans, employee benefits | $10,551 |
| Interest | $0 |
| Taxes | $106,185 |
| Depreciation | $74,497 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $651,009 |
| Total operating and administrative expenses | $1,018,467 |
| Contributions, gifts, grants paid | $705,000 |
| Total expenses and disbursements | $1,723,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,848,134 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $32,770,060 |
| Net Land, buildings, and equipment | $635,276 |
| Other assets | $0 |
| Total assets | $35,253,470 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Freedom Reign Foundation has awarded $705,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN WILD HORSE CAMPAIGN PURPOSE: TO SUPPORT PRESERVATION AND PROTECTION FOR WILD HORSES | $500,000 |
MERCY FOR ANIMALS PURPOSE: TO END INDUSTRIAL ANIMAL AGRICULTURE BY CONSTRUCTING A JUST AND SUSTAINABLE FOOD SYSTEM. | $50,000 |
BEST FRIENDS ANIMAL SANCTUARY PURPOSE: TO PROVIDE SANCTUARY FOR HOMELESS ANIMALS AND PROVIDE ADOPTION, SPAY/NEUTER AND EDUCAITONAL PROGRAMS | $100,000 |
US FRIENDS OF THE EARTH PURPOSE: TO STRIVES FOR A MORE HEALTHY AND JUST WORLD. | $5,000 |
ANIMAL ASSISTED HAPPINESS PURPOSE: TO ENRICH THE LIVES OF YOUTH WITH NEEDS THROUGH BARNYARD ANIMAL INTERACTIONS | $20,000 |
FARM SANCTUARY PURPOSE: TO COMBAT THE ABUSES OF FACTORY FARMING, ADVOCATE FOR INSTITUTIONAL REFORMS, AND ENCOURAGE A NEW AWARENESS AND UNDERSTANDING OF FARM ANIMALS AND THE BENEFITS OF PLANT-BASED LIVING. | $30,000 |