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EIN 88-2726911

Freedom Equity

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Columbus
State
Ohio
Year formed
2022
Most recent tax filings
2022-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Freedom Equity serves as a Community Development Financial Institution that offers an alternative lending option for black-owned small businesses in Central Ohio to increase the accessibility and affordability of capital. The organization has hired full-time staff, conducted its inaugural board meeting, installed CRM and loan processing software, and hosted four community events.
Total revenues
$335,686
2022
Total expenses
$363,311
2022
Total assets
$167,650
2022
Num. employees
0
2022

Program areas at Freedom Equity

Hired full-time staff; held first board meeting; implemented crm and loan processing software; held 4 community events

Personnel at Freedom Equity

NameTitleCompensation
Jennifer Averi FrostExecutive Director$125,000
Aneeka BashirDirector of Operations$79,500
Bismark AkomeahDirector$90,000
John BanksRelationship Manager$69,500

Financials for Freedom Equity

RevenuesFYE 12/2022
Total grants, contributions, etc.$335,643
Program services$0
Investment income and dividends$43
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$335,686

Form 990s for Freedom Equity

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-13990View PDF
Data update history
December 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 2, 2023
Updated personnel
Identified 4 new personnel
November 27, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Business and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
341 S 3rd Stre Ste 301
Columbus, OH 43215
Metro area
Columbus, OH
Website URL
freedomequity.org/ 
IRS details
EIN
88-2726911
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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