Freedom Foundation of Texas (EIN 208809298) - Form 990 Financial Analysis & Trantor Score

🔒

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

2005

Legal Domicile

Principal Officer

CHRISTOPHER ZOOK

Phone

7133050091

Tax Period

2023-07-01 to 2024-06-30

Freedom Foundation of Texas, founded in 2005, is a small nonprofit in the Recreation & Sports sector that reported $212K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $309K exceeded revenue, resulting in a 46% operating deficit.

Mission

THE FREEDOM FOUNDATION OF TEXAS HAS THE SOLE PURPOSE OF EDUCATING RESIDENTS OF TEXAS WITH A YEARROUND CONTACT Cont Schedule O

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $211,818

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $211,818

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $0

Fundraising Expenses $3,603

Program Expenses $294,448

Other Expenses $303,506

TOTAL EXPENSES $309,031

Year-over-Year Comparison

	2023	2022	Change
Revenue	$211,818	$247,386	-0.1%
Expenses	$309,031	$269,385	+0.1%
Net Income	$-97,213	$-21,999	+3.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER ZOOK	PRESIDENT	1.000	Officer Director	$0	$0	$0
CRAIG MORITZ	DIRECTOR	1.000	Director	$0	$0	$0
ELIZABETH CARLYLE	DIRECTOR	1.000	Director	$0	$0	$0
SCOTT COOPER	SECRETARY	1.000	Officer Director	$0	$0	$0
LISA ZOOK	TREASURER	1.000	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	$211,818	$309,031	$169,901	$-97,213
2023	$247,386	$269,385	$267,114	$-21,999
2022	$362,347	$158,103	$292,099	$204,244

Freedom Foundation of Texas