DENTON FREEDOM HOUSE (EIN 030540364) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

KEN WILLINGHAM

Phone

9405655990

Tax Period

2023-01-01 to 2023-12-31

DENTON FREEDOM HOUSE, founded in 2004, is a community nonprofit in the Crime & Legal sector that reported $3.0M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO LIBERATE THE BROKEN FROM THEIR BONDAGE OF SIN AND ADDICTION BY THE TRANSFORMING POWER OF THE GOSPEL OF JESUS CHRIST AND TO EQUIP THEM TO BECOME PROSPEROUS DISCIPLES OF CHRIST WITH KINGDOM VISION, PURPOSE, AND DIRECTION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,401,081

Program Service Revenue $179,795

Investment Income $7,464

Other Revenue $403,168

TOTAL REVENUE $2,991,508

Expense Breakdown

Grants Paid $4,750

Salaries & Benefits $884,040

Fundraising Expenses $238,868

Program Expenses $2,615,943

Other Expenses $2,224,217

TOTAL EXPENSES $3,113,007

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,991,508	$2,709,311	+0.1%
Expenses	$3,113,007	$2,832,056	+0.1%
Net Income	$-121,499	$-122,745	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$169,600

Total Directors

$154,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALTON SCHMIDT	CEO/DIRECTOR	40.00	Officer Director	$70,000	$0	$70,000
KEN WILLINGHAM	CFO/DIRECTOR	40.00	Officer Director	$24,000	$0	$24,000
JEREMY ADAMS	DIRECTOR	30.00	Officer Director	$60,000	$0	$60,000
DENNIS DOTSON	DIRECTOR	5.00	Director	$0	$0	$0
GEORGE QUINN	DIRECTOR	1.00	Director	$0	$0	$0
DARIN LAUER	DIRECTOR	2.00	Director	$0	$0	$0
TIM EATON	DIRECTOR	1.00	Director	$0	$0	$0
STACI SCHMIDT	SECRETARY	40.00	Officer	$15,600	$0	$15,600

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,991,508	$3,113,007	$1,309,272	$-121,499
2022	$2,709,311	$2,832,056	$1,602,161	$-122,745
2021	$2,738,392	$2,561,672	$1,344,290	$176,720
2020	$2,631,217	$2,412,023	$1,119,416	$219,194
2019	$1,415,958	$1,345,766	$898,267	$70,192
2018	$1,231,019	$1,184,332	$827,771	$46,687

DENTON FREEDOM HOUSE