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DFREE GLOBAL FOUNDATION INC SOARIES

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Public IRS 990 nonprofit record

DFREE GLOBAL FOUNDATION INC SOARIES

EIN 45-4317604 · Financial Counseling (P51)

What they do

THE ORGANIZATIONS MISSION is to PROMOTE and EDUCATE THE PUBLIC ABOUT FINANCIAL LITERACY. THE D-FREE PROGRAMS 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.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $85.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

116.44%of revenue went to mission work85.1% of expenses · Program services
$136.77spent for every $100 of revenueSpending was higher than revenue this year.
20.32%of revenue went to management and office costs14.9% of expenses
$0.11in assets for every $1 spent this yearSome assets cannot be spent right away.
98.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $181,821 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$494,548
Mission workProgram services$575,856116.44% of revenue85.1% of expenses
ManagementOffice and general costs$100,51320.32% of revenue14.9% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$676,369136.77% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 85.1% mission · 14.9% management · 0.0% fundraisingTotal expenses: 136.77% of revenue
2023Expense mix: 86.1% mission · 13.9% management · 0.0% fundraisingTotal expenses: 168.73% of revenue
2022Expense mix: 89.0% mission · 11.0% management · 0.0% fundraisingTotal expenses: 94.68% of revenue
2021Expense mix: 86.8% mission · 13.2% management · 0.0% fundraisingTotal expenses: 126.09% of revenue
2020Expense mix: 86.3% mission · 13.7% management · 0.0% fundraisingTotal expenses: 72.87% of revenue
2019Expense mix: 89.5% mission · 10.5% management · 0.0% fundraisingTotal expenses: 103.62% of revenue
2018Expense mix: 90.1% mission · 9.9% management · 0.0% fundraisingTotal expenses: 95.99% of revenue
2017Expense mix: 90.3% mission · 9.7% management · 0.0% fundraisingTotal expenses: 103.00% of revenue

Money in and money out

Revenue$494,548
Expenses$676,369
Annual shortfall $181,821 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$575,856 · 85.1% of expenses
Management and office costs$100,513 · 14.9% of expenses
See all reported dollar amounts
Revenue$494,548
Expenses$676,369
Assets$71,695
Income$494,548
Contributions$488,787
Mission work (program services)$575,856
Management and general$100,513
Executive compensation (total)$163,718
Accounting fees$32,500
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (13)

ADANNA DAVISBOARD MEMBER

CAYLA COUSINSBOARD MEMBER

JANEEN UZZELLBOARD MEMBER

LESLIE ANDERSONBOARD MEMBER

MARTIN SOARIESBOARD MEMBER

REV DR DANIELLE BROWNBOARD MEMBER

REV DR DARRYL K WEBSTERBOARD MEMBER

REV DR DEFOREST B SOARIES JRCHAIR

REV TREVOR HYDE JRBOARD MEMBER

SCOTT JEFFERYBOARD MEMBER

TRACEY WINGO-CAMPBELLBOARD MEMBER

TREVOR HYDESECRETARY

VAUGHN MCKOYCO-CHAIR

About this charity

Recognized since
January 2014
Location
606 FRANKLIN BLVD SUITE 2, SOMERSET, NJ 08873
County
Somerset
In care of
REV DR DEFOREST B SOARIES JR
Primary officer
REV DR DEFOREST B SOARIES JR, CHAIR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
HAMILTON MERCER ADVISORS
NTEE classification
Financial Counseling (P51)
IRS tax category
Financial Counseling

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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