Families Free Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

Lisa Tipton

Phone

4236310141

Tax Period

2024-01-01 to 2024-12-31

Families Free Inc, founded in 2012, is a community nonprofit in the Human Services sector that reported $7.5M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $6.8M left a modest 9% surplus.

Mission

Strengthening our community by building the capacity of vulnerable families through education, intervention and restoring relationships.

Program Service Accomplishments

Program 1

Expenses: $5,022,075

Provide treatment, education and intervention services to woman and families affected by substance abuse, incarceration and domestic instability.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,473,194

Program Service Revenue $0

Investment Income $13,656

Other Revenue $6,209

TOTAL REVENUE $7,493,059

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,921,048

Fundraising Expenses $18,093

Program Expenses $5,022,075

Other Expenses $2,879,699

TOTAL EXPENSES $6,800,747

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,493,059	$6,110,625	+0.2%
Expenses	$6,800,747	$4,970,280	+0.4%
Net Income	$692,312	$1,140,345	-0.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

111

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

Total Directors

$117,296

Key Employees

$215,904

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lisa Tipton	Executive Director	040.00	Director Key Emp	$117,296	$0	$117,296
Stephanie Elliott-Carr	Director of Operations	040.00	Key Emp	$98,608	$0	$98,608
Stacy Torbett	President	002.00	Officer Director	$0	$0	$0
Nancy Storie	Emeritus	002.00	Director	$0	$0	$0
Erin Williams	Director	002.00	Director	$0	$0	$0
Darci Kubisiak	Director	002.00	Director	$0	$0	$0
Pam Mobley	Director	002.00	Director	$0	$0	$0
Stephanie Lundy	Director	002.00	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	$7,493,059	$6,800,747	$4,328,512	$692,312
2023	$6,110,625	$4,970,280	$3,911,168	$1,140,345
2022	$3,157,661	$3,127,164	$1,440,614	$30,497
2021	$2,134,173	$2,068,726	$859,171	$65,447
2020	$1,710,201	$1,595,332	$327,362	$114,869
2019	$1,474,832	$1,447,071	$298,139	$27,761
2018	$938,569	$864,618	$125,540	$73,951