SILVER2023

Freedoms Journal Institute for the Study of Faith and Public Policy (FJI)

Setting the Captives Free

aka FJI   |   Flossmoor, IL   |  https://freedomsjournalinstitute.org

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Freedoms Journal Institute for the Study of Faith and Public Policy (FJI)

EIN: 27-4681473


Mission

RELIGIOUS EDUCATION

Ruling year info

2015

President

Dr Eric M Wallace PhD

Dr. Joan S. Wallace Fellow for Marriage and Family Life

Mrs Jennifer L Wallace

Main address

P.O. Box 815

Flossmoor, IL 60422 USA

Show more contact info

EIN

27-4681473

Subject area info

Education

Philanthropy and public policy

Black studies

Religion

Population served info

People of African descent

Christians

NTEE code info

Alliance/Advocacy Organizations (R01)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The Challenge: As Christians, our challenge is to hold to our biblical beliefs and identity in Christ to counter sociopolitical narratives at cross purposes with the Truth of God’s Word. But to also stand together united in Christ as a witness to a lost and dying world. The Opposition: The role of the Church is to demonstrate a Christian worldview to our world, society and culture at large. However, under increasing ideological conflict and competing worldviews, such as cultural Marxism, many Christians find themselves on one side or the other of what has become socially and politically polarizing. The partisan debate regarding such topics as social justice, critical race theory, and gender equality, to name a few, has caused a deep divide. Solution: Hence, we must clearly define a biblical worldview; and how it shapes our view of reality and our sociopolitical engagement. The battle is between a biblical worldview and a secular worldview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Kingdoms in Konflict

With the ongoing rise in the political and cultural wars, the contrast between governing rooted in Biblical principles versus secular principles couldn’t be more stark. This ever-widening contrast between Truth and Falsehood provides an opportunity to highlight clear distinctions between opposing ideologies. Kingdoms in Konflict, hosted by Dr. Eric M. Wallace (biblical scholar, co-Founder, and President of Freedom’s Journal Institute) and now in its fourth season, has already begun to expose these contrasting worldviews through thoughtful and impactful interviews with pastors, scholars, and activists like Bob Woodson, Dr. Shelby Steele, Ken Ham, Dr. Stephen Meyer, Pastor Robert Foster, Pastor Aubrey Shines, Evangelist Alveda King, and others. He has covered topics from Black Lives Matter, Scientific Racism, Education Choice, White Guilt, Creation vs. Evolution, and Why believers must study the Bible, to name a few.

Population(s) Served
Multiracial people
People of African descent
Christians
People of European descent
Families

The Black Conservative Summit (BCS) is an annual event designed to unite national, state, and local leaders to discuss prominent issues facing today’s society nationally with a Biblical worldview. Our goal includes both aggregating and engendering Black conservative voices on issues facing America, in general, and the Black community, in particular, as a means to proffer solutions that positively impact our future and the world.

Population(s) Served

Black Families Matter's vision includes a commitment to creating a platform from which to champion and promote a biblically integrated structural model for marriage and family life, which fosters, prioritizes, and strengthens all families in general. As well as to address and combat the underlying problems and dysfunctional conditions, which, in particular, have disproportionately undermined the stability of the Black family.

Population(s) Served
Ethnic and racial groups
Christians
Ethnic and racial groups
Christians

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Mission: To advance the Kingdom of God through sociopolitical education and engagement rooted in a Biblical Worldview.

Vision: We envision a day when all bible believing Christians, regardless of ethnicity, stand for what we say we believe and to actively engage in the political process that represents us based on a biblical worldview.

Goal: We aim to create a “paradigm shift” in how people, in general, and the African American populace, in particular, view matters of faith, race, and public policy. FJI pledges to vigorously challenge “liberal” ideology with those conservative principles, such as the R.I.S.E Principles, essential to promoting and sustaining a stable and prosperous family and society.

Values: Our work is based on those biblical principles and values that aim to fulfill Christ’s commission faithfully, as articulated in Luke 4:18 and Acts 26:18. We believe that the gospel message has both political and public policy implications, which include long-term ministry goals such as “proclaiming freedom for the prisoners, recovery of sight for the blind, and releasing of the oppressed.”

Within our mission, we also seek to improve the current black culture through an intentional focus on biblically-based black conservatism. We believe that black families matter. We're focused on aligning our political actions with our faith to help create a thriving black culture that embraces Christian values and conservative politics.

We also believe that doing this will create more opportunities for the Christian political process to work across all ethnicities together as one body of Christ.

Objectives
1. Clearly articulate and defend our perspective on issues of national and local concern using whatever forums and platforms are available to us. Activities: Publishing Freedom's Journal Magazine, public speaking, media interviews, event attendance, video productions, and documentaries [e.g., Kingdoms In Konflict: A Matter of Faith, Race, and Politics].

2. Identify conservative blacks and other people of color and bring them together regularly so they know they are not alone; build a community of like-minded individuals, organizations, and leaders. Activities: Host an annual Black Conservative Summit with seminars and formal meetings to create a core of committed activists willing to study the issues and recruit others to join the cause.

3. Help educate conservative people of color so they become informed advocates and defenders of this perspective. Activities: Identify pastors and community leaders for training on public policy issues; write for publications directed to blacks, Latinos, and other populations; write white papers, shorter essays, and books elucidating conservative principles and ideas from a biblical perspective; help newcomers to the movement get on the mailing lists of national conservative, faith-based conservative organizations.

4. Motivate conservative people of color to speak out on the day's issues, act in ways that advance conservative ideas, and challenge those around them to recognize and respond to conservative ideas. Activities: This issue calls for implementing conservative ideas articulated in the strategies mentioned earlier. It also means forming partnerships or coalitions of like-minded groups to help effect policy on a local and state level. For example, the Illinois Freedom Project proposes initiatives in three areas: standing for Marriage, protecting life, and promoting school choice.

Financials

Freedoms Journal Institute for the Study of Faith and Public Policy (FJI)
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021 info

SOURCE: IRS Form 990

156.17

Average of 31.23 over 5 years

Months of cash in 2021 info

SOURCE: IRS Form 990

3.3

Average of 0.7 over 5 years

Fringe rate in 2021 info

SOURCE: IRS Form 990

2%

Average of 0% over 5 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Freedoms Journal Institute for the Study of Faith and Public Policy (FJI)

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Freedoms Journal Institute for the Study of Faith and Public Policy (FJI)

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Freedoms Journal Institute for the Study of Faith and Public Policy (FJI)

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Freedoms Journal Institute for the Study of Faith and Public Policy (FJI)’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2021
Unrestricted surplus (deficit) before depreciation $70,498
As % of expenses 30.3%
Unrestricted surplus (deficit) after depreciation $70,498
As % of expenses 30.3%
Revenue composition info
Total revenue (unrestricted & restricted) $303,488
Total revenue, % change over prior year 0.0%
Program services revenue 0.0%
Membership dues 0.1%
Investment income 0.0%
Government grants 3.3%
All other grants and contributions 96.6%
Other revenue 0.0%
Expense composition info
Total expenses before depreciation $232,990
Total expenses, % change over prior year 0.0%
Personnel 54.3%
Professional fees 26.5%
Occupancy 0.0%
Interest 0.0%
Pass-through 1.3%
All other expenses 17.9%
Full cost components (estimated) info 2021
Total expenses (after depreciation) $232,990
One month of savings $19,416
Debt principal payment $0
Fixed asset additions $0
Total full costs (estimated) $252,406

Capital structure indicators

Liquidity info 2021
Months of cash 3.3
Months of cash and investments 3.3
Months of estimated liquid unrestricted net assets 3.6
Balance sheet composition info 2021
Cash $63,247
Investments $0
Receivables $0
Gross land, buildings, equipment (LBE) $0
Accumulated depreciation (as a % of LBE) 0.0%
Liabilities (as a % of assets) 0.6%
Unrestricted net assets $70,612
Temporarily restricted net assets N/A
Permanently restricted net assets N/A
Total restricted net assets $0
Total net assets $70,612

Key data checks

Key data checks info 2021
Material data errors No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

President

Dr Eric M Wallace PhD

Dr. Eric Wallace is a visionary who couples his rich educational background with a bold approach to challenging the status quo. His post-graduate degrees in Biblical Studies (M.A., ThM, Ph.D.), combined with his passion and powerful message, make him one of today's most powerful voices of Bible-centered reason and change. Eric is the first African American to earn a Ph.D. in Biblical Studies from Union-PSCE (now Union Presbyterian Seminary). In 2008, Wallace launched Freedom's Journal Magazine, an online political magazine encouraging African Americans to cling to conservative principles. He has authored two books: Integrity of Faith, an autobiography, and Jesus on Trial: The unique presentation of Jesus in the Gospel of John. In 2011, Wallace and his wife, Jennifer, founded Freedom’s Journal Institute (FJI), designed to “advance the Kingdom of God through socio-political, education and engagement.”  

Dr. Joan S. Wallace Fellow for Marriage and Family Life

Jennifer Wallace

Jennifer L. Wallace is a woman of faith inspired by her personal and political convictions; and her commitment to encouraging others toward spiritual growth and maturity. Her life goals include serving the Church, in general, and the African American Church, in particular, as an ally and advocate for the advancing of a Biblical worldview, which communicates the precepts and principles of God’s Word; and provides a biblical standard for promoting healthy marriage and family life. She is the Co-Founder of FJI and has also enjoyed active ministry and leadership involvement, including leadership roles in Christian Education, Leadership Training, as well as Women’s Ministry, etc. Jennifer is a graduate of Howard University with a BS in Human Ecology/Life Sciences with a dual concentration in Business Management, as well as a graduate of Moody Theological Seminary’s Psychology program (MACP), where she received her Master’s degree with an emphasis in Marriage and Family Therapy.

Number of employees

Source: IRS Form 990

Freedoms Journal Institute for the Study of Faith and Public Policy (FJI)

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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There are no highest paid employees recorded for this organization.

Freedoms Journal Institute for the Study of Faith and Public Policy (FJI)

Board of directors
as of 09/19/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Dr. Robert Foster

Franciscan Health Indiana

Robert Martin

VCM Networks

Christopher Carmouche

GrassTops USA

Jennifer L. Wallace

Freedom's Journal Institute

Organizational demographics

SOURCE: Self-reported; last updated 7/11/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability