| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES MONTHLY AND AUDIT | 1,700 | 0 | 1,700 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| ACTIVITY ONE'S DESCRIPTION | FORM 990-PF, PART IX-A, LINE 1 | THE CENTER FOR FAITH AND FREEDOM, INC. (THE "CENTER") CONTINUED TO FULFILL ITS CHRISTIAN MISSION OF SERVING OTHERS LESS FORTUNATE WITH COMPASSION AND DIGNITY CONSISTENT WITH MATTHEW 25:35-40 OF THE GOSPEL OF JESUS CHRIST. THE CENTER'S EFFORTS DURING THIS REPORTING PERIOD WERE TO PARTNER WITH OTHER NOT FOR PROFIT ORGANIZATIONS THAT PROVIDE HUMANITARIAN RELIEF TO THE MOST VULNERABLE AND OVERLOOKED MEMBERS OF SOCIETY SUCH AS DISABLED CHILDREN AND ADULTS, THE HOMELESS, ELDERLY, ABUSED, HUNGRY AND IMPOVERISHED. THE CENTER DEDICATES ITS RESOURCES TO ADDRESSING MANY OF THE SOCIAL, SPIRITUAL AND ECONOMIC ISSUES CONFRONTING OUR NATION. MOST IMPORTANT, IS OUR MISSION TO SERVE OTHERS AND BE A SOURCE OF INSPIRATION AND ENCORAGEMENT AS WE VENTURE FORWARD HELPING THOSE LESS FORTUNATE THAN OURSELVES. AT THE CENTER, WE STRIVE TO REMAIN COGNIZANT THAT "TO WHOM MUCH IS GIVEN, MUCH WILL BE REQUIRED." THE CENTER STRIVES TO IDENTIFY HIGH IMPACT ORGANIZATIONS AS RECIPIENTS OF AN UNDETERMINED, UNRESTRICTED FINANCIAL GIFT TO BE USED IN ACCORDANCE WITH THE ORGANIZATION'S EXEMPT PURPOSE. THE CENTER IDENTIFIES ORGANIZATIONS THAT ALIGN WITH OUR PHILANTHROPIC MISSION. |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| US EQUITY SECURITIES | 3,024,573 | 3,557,756 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INTERNATIONAL EQUITY AND MUTUAL FUNDS | AT COST | 3,165,558 | 3,893,553 |
| ALTERNATIVE INVESTMENT | AT COST | 399,000 | 432,352 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES AND SUBSCRIPTIONS | 288 | 0 | 288 | |
| INTERNET FEES | 180 | 0 | 180 | |
| OFFICE EXP AND BANK CHARGES | 362 | 0 | 362 | |
| GENERAL BUSINESS INSURANCE | 9,334 | 0 | 9,334 | |
| PAYROLL ADMINISTRATION | 1,377 | 0 | 1,377 | |
| CORPORATE FEES | 476 | 0 | 476 | |
| POSTAGE & FREIGHT | 8 | 0 | 8 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS INCOME | 107 | 107 | 107 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS | 2,706 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEE | 17,659 | 17,659 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER TAXES AND LICENSES | 131 | 0 | 131 | |
| PAYROLL TAXES | 1,377 | 0 | 1,377 | |
| EXCISE TAX | 8,217 | 0 | 8,217 |