FREE THE HOPS INC

EIN: 202130217

BIRMINGHAM, AL

Total Revenue
N/A
Total Expenses
$978
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
AL
Principal Officer
DAN ROBERTS
Phone
2567242191
Tax Period
2019-01-01 to 2019-12-31

FREE THE HOPS INC, founded in 2005, is a micro nonprofit that reported $612 in total revenue in fiscal year 2018. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $10K exceeded revenue, resulting in a 1492% operating deficit.

Mission

FREE THE HOPS (FTH) IS A GRASSROOTS, NON-PROFIT ORGANIZATION WHOSE MISSION IS TO HELP BRING THE HIGHEST QUALITY BEERS IN THE WORLD TO ALABAMA. WE ARE MOTIVATED BY A DESIRE TO HAVE THE SAME VARIETY OF CHOICE WHEN PURCHASING BEER THAT ALABAMA CITIZENS ALREADY ENJOY WITH PURCHASING WINE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2019)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $978
TOTAL EXPENSES $978

Year-over-Year Comparison

2019 2018 Change
Revenue N/A $612 -1.0%
Expenses $978 $9,744 -0.9%
Net Income N/A $-9,132 N/A
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
N/A
Independent Members
N/A
Employees
N/A
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN ROBERTS EXECUTIVE DIRECTOR 40.00
Director
$0 $0 $0
CARIE PARTAIN BOARD OF DIRECTORS MEMBER 4.00
Officer
$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
2019 No data $978 No data No data
2018 $612 $9,744 $978 $-9,132
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