LET FREEDOM RING INC

EIN: 061719990 Public & Societal Benefit

WEST CHESTER, PA

Total Revenue
$81,449
Total Expenses
$710,707
Total Assets
$218,705
Net Assets
$215,865
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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
DE
Principal Officer
COLIN HANNA
Phone
6107931800
Tax Period
2018-01-01 to 2018-12-31

LET FREEDOM RING INC, founded in 2004, is a micro nonprofit in the Public & Societal Benefit sector that reported $81K in total revenue in fiscal year 2018. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $711K exceeded revenue, resulting in a 773% operating deficit.

Mission

TO PROMOTE CONSTITUTIONAL GOVERNMENT, ECONOMIC FREEDOM AND TRADITIONAL VALUES.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $81,449
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $81,449

Expense Breakdown

Grants Paid $8,688
Salaries & Benefits $78,973
Fundraising Expenses $24,600
Program Expenses $556,069
Other Expenses $623,046
TOTAL EXPENSES $710,707

Year-over-Year Comparison

2018 2017 Change
Revenue $81,449 $110,619 -0.3%
Expenses $710,707 $1,047,260 -0.3%
Net Income $-629,258 $-936,641 -0.3%
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

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Governance

Voting Members
4
Independent Members
3
Employees
1
Volunteers
3

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLIN HANNA PRESIDENT 55.00
Officer Director
$0 $0 $0
VALERIE MARTIN TREASURER 1.00
Officer Director
$0 $0 $0
CURTIS CHEYNEY III SECRETARY 1.00
Officer Director
$0 $0 $0
EDWARD TURZANSKI DIRECTOR 1.00
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
2018 $81,449 $710,707 $218,705 $-629,258
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