The Freedom Writers Foundation (EIN 043678807) - 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

2002

Legal Domicile

Principal Officer

Erin Gruwell

Phone

5624754932

Tax Period

2024-01-01 to 2024-12-31

The Freedom Writers Foundation, founded in 2002, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

The Freedom Writers mission is to provide educators with tools to empower all students to succeed.

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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 (2024)

Revenue Breakdown

Contributions & Grants $673,734

Program Service Revenue $377,975

Investment Income $0

Other Revenue $45,829

TOTAL REVENUE $1,097,538

Expense Breakdown

Grants Paid $0

Salaries & Benefits $578,854

Fundraising Expenses $36,925

Program Expenses $957,790

Other Expenses $536,799

TOTAL EXPENSES $1,115,653

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,097,538	$1,405,485	-0.2%
Expenses	$1,115,653	$1,418,481	-0.2%
Net Income	$-18,115	$-12,996	+0.4%

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

N/A

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

$77,159

Total Directors

$77,159

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Erin Gruwell	Executive Director	040.00	Officer Director	$63,333	$13,826	$77,159
Bob Romney	Chairman	005.00	Director	$0	$0	$0
Dr Robert Hill	Secretary	005.00	Director	$0	$0	$0
Julie Broady	Treasurer	005.00	Director	$0	$0	$0
Giovanna Dottore	Board Member	005.00	Director	$0	$0	$0
Margrit B Polak	Board Member	005.00	Director	$0	$0	$0

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	$1,097,538	$1,115,653	$488,266	$-18,115
2023	$1,405,485	$1,418,481	$456,091	$-12,996
2022	$1,337,995	$1,250,575	$533,335	$87,420
2021	$871,897	$818,860	$403,749	$53,037
2021	$831,441	$820,379	$361,774	$11,062
2020	$519,362	$800,235	$264,873	$-280,873
2019	$1,107,028	$915,340	$379,835	$191,688
2018	$1,077,716	$1,117,719	$189,338	$-40,003

The Freedom Writers Foundation