FRIENDS OF THE AKWESASNE FREEDOM SCHOOL INC (EIN 161451492) - 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

1993

Principal Officer

HARRIS COLE

Phone

5183589146

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF THE AKWESASNE FREEDOM SCHOOL INC, founded in 1993, is a community nonprofit in the Education sector that reported $3.2M in total revenue in fiscal year 2023. Revenue surged 419% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 79% operating margin.

Mission

TO SUPPORT THE AKWESASNE FREEDOM SCHOOL. THE MISSION OF THE FRIENDS OF THE AKWESASNE FREEDOM SCHOOL IS TO ENSURE A PROSPEROUS FUTURE TO THE STUDENTS OF THE SCHOOL. THE ORGANIZATION'S SIGNIFICANT ACTIVITIES ARE TO RAISE FUNDS ON BEHALF OF THE AKWESASNE FREEDOM SCHOOL.

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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 $3,144,961

Program Service Revenue $0

Investment Income $48,552

Other Revenue $2,416

TOTAL REVENUE $3,195,929

Expense Breakdown

Grants Paid $0

Salaries & Benefits $141,128

Fundraising Expenses $0

Program Expenses $577,084

Other Expenses $539,752

TOTAL EXPENSES $680,880

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,195,929	$616,013	+4.2%
Expenses	$680,880	$416,182	+0.6%
Net Income	$2,515,049	$199,831	+11.6%

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

Total Directors

$41,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALVERA SARGENT	EXECUTIVE DI	40.00	Director	$41,550	$0	$41,550
HARRIS COLE	PRESIDENT	1.00	Officer Director	$0	$0	$0
SUE ELLEN HERNE	TREASURER	1.00	Officer Director	$0	$0	$0
LORI LAZORE	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD SKIDDERS	VICE PRESIDE	1.00	Officer 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	No data	No data	No data	No data
2023	$3,195,929	$680,880	$4,208,735	$2,515,049
2016	$491,532	$491,143	$829,026	$389

FRIENDS OF THE AKWESASNE FREEDOM SCHOOL INC