Overview

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Est.

2012

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

DFREE GLOBAL FOUNDATION INC SOARIES is a nonprofit organization dedicated to promoting financial literacy and providing guidance through its D-FREE program, which aims to help individuals in financial crisis lead debt-free lives. With an operating budget of $676.4K and total revenue of $494.5K for the 2024 filing year, the organization relies on multiple funding sources, none of which exceed 50% of its total revenue. More information can be found on their website, www.billiondollarpaydown.com.

Mission Statement

THE ORGANIZATION'S MISSION IS TO PROMOTE AND EDUCATE THE PUBLIC ABOUT FINANCIAL LITERACY. THE D-FREE PROGRAM'S PURPOSE IS TO MOTIVATE INDIVIDUALS THAT ARE IN FINANCIAL CRISIS TO LEAD A DEBT-FREE LIFE. THE ORGANIZATION PROVIDES GUIDANCE AND FINANCIAL COUNSELING USING THE "D-FREE" LIVING STRATEGY.
Revenues
$494.5K
Expenses
$676.4K
Net Income:
-$181.8K
Assets
$71.7K
Liabilities
$165.5K
Net Assets:
-$93.8K
Operating Budget
$676.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$20K
Largest grant received
$25K
R
Rev DR Darryl K Webster
Board Member
J
Janeen Uzzell
Board Member
C
Cayla Cousins
Board Member

Frequently Asked Questions

What is DFREE GLOBAL FOUNDATION INC SOARIES’s budget?
In 2024, DFREE GLOBAL FOUNDATION INC SOARIES reported an annual operating budget of around $676 thousand. More detailed financial information is available to registered users.
What causes does DFREE GLOBAL FOUNDATION INC SOARIES support?
DFREE GLOBAL FOUNDATION INC SOARIES supports work in Financial counseling.
Where does DFREE GLOBAL FOUNDATION INC SOARIES operate?
DFREE GLOBAL FOUNDATION INC SOARIES is headquartered in Somerset, NJ.
Who funded DFREE GLOBAL FOUNDATION INC SOARIES recently?
In 2023, DFREE GLOBAL FOUNDATION INC SOARIES received grants from PSEG FOUNDATION INC, THE MCJ AMELIOR FOUNDATION, and Stand Together Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant DFREE GLOBAL FOUNDATION INC SOARIES received in 2023?
The largest grant to DFREE GLOBAL FOUNDATION INC SOARIES in 2023 exceeds $25 thousand.