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ARIZONANS FOR FINANCIAL FREEDOM

PHOENIX, AZ · EIN 842969132 · Form 990 · FY2020 · Small ($100K-$1M) · azfinancialfreedom.com
revenue
$501K
expenses
$528K
net assets
$0
employees
0
volunteers
1
program ratio
97%
mission · from form 990

TO FURTHER THE DISCUSSION AROUND BALLOT MEASURES IN THE STATE OF ARIZONA. ARIZONA IS A BALLOT INITIATIVE STATE AND THIS ORGANIZATION WAS STARTED TO SUPPORT SOME OF THOSE ACTIVITIES.

profile · synthesized from sources

Arizonans for Financial Freedom advocates for policies that ensure Arizonans have access to short-term credit options, particularly for those considered "underbanked." The organization believes individuals should have the right to make their own financial choices without government overregulation of credit services. They aim to inform the public and encourage action against policies that restrict financial freedom.

activities · 1 cluster

what they do

  • Anti-Predatory Lending Advocacy 4 activities
    • Advocacy against payday loan interest rate caps
      Opposes Initiative 428, which proposes a 36% interest rate cap on short-term payday loans, arguing it would harm credit markets for low-income Nebraskans.
    • Opposing interest rate caps on short-term loans
      ARIZONANS FOR FINANCIAL FREEDOM opposes Initiative 428, which seeks to cap interest rates on short-term "payday" loans at 36%, arguing that such caps would negatively impact credit markets for low-income individuals.
    • Opposition to payday loan interest rate cap initiatives
      Advocates against legislative proposals that impose interest rate caps on short-term loans, specifically opposing Initiative 428 in Nebraska, arguing such caps would restrict credit access for low-income borrowers.
    • Opposition to payday loan interest rate caps
      Advocates against Initiative 428, which would impose a 36% interest rate cap on short-term payday loans, arguing such a cap would negatively impact credit access for low-income Nebraskans.
financials · form 990 · fy2020

the money

revenue
Total revenue$501K
Contributions & grants$501K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$528K
Program expenses97%
Admin / overhead3%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$0
Cash
Investments
Liabilities
Net assets$0
1 years on record · 2020–2020
leadership · form 990 part vii · fy2020

who runs it

board members · 2
  • ASHLEY M RAGAN — TREASURER
  • NICHOLAS VULLO — CHAIRPERSON
relationships · 5

who they work with

  • Arizona Department of Financial Institutions Government — References the AZDFI as the regulatory body overseeing auto title loans, implying alignment with state-regulated lending practices.
  • Center for Responsible Lending Partner — Positions the Center for Responsible Lending as an activist group whose interests do not align with those of short-term borrowers.
  • Consumer Finance Protection Bureau Government — References CFPB data to support claims about low complaint rates for short-term credit products.
  • PEW Charitable Trusts Partner — Critically engages with PEW Charitable Trusts, highlighting its dual role as both a charitable trust and a for-hire advocacy organization.
  • Pew Charitable Trusts Partner — Cited research from Pew Charitable Trusts to support claims about the use of small-dollar loans.