Research and Public Policy : Social and Public Policy Research
Enterprise Freedom Action Committee
Understanding Employee Rights
1090 Vermont Ave NW STE 800
Washington, DC 20005
See Details About This CN Advisory
During our analysis of Enterprise Freedom Action Committee’s 12/2011 Form 990, the document revealed the following:
More than half of Enterprise Freedom Action Committee's functional expenses were paid to its CEO Richard Berman's for-profit management company, Berman and Company. The document revealed that out of total expenses of $136,365, $82,286 was paid to Berman and Company. (See page 10, Part IX and Schedule L, Part IV)
During our analysis of Enterprise Freedom Action Committee's FYE 12/2012 and FYE 12/2013 Forms 990, the documents revealed the following:
We find the practice of a charity contracting for management services with a business owned by that charity's CEO atypical when compared to how other charities operate. We have reached out to Enterprise Freedom Action Committee for further clarification, but have not received an adequate explanation and have thus issued this Moderate Concern CN Advisory.
The nature of the atypical financial reporting issues identified are such that Charity Navigator has issued this CN Advisory to provide donors with information that they may find useful when making their giving decisions. Charity Navigator is not responsible for the nature or content of the information presented through external sources and websites. For more information on how or when we decide to publish a CN Advisory, please review our methodology.