FREE THE KIDS INC (EIN 223741436) - 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

2009

Legal Domicile

Phone

8442226300

Tax Period

2018-07-01 to 2019-06-30

FREE THE KIDS INC, founded in 2009, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2018. Revenue decreased 6% compared to the prior year. Expenses of $2.4M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE BASIC SHELTER, FOOD, MEDICAL CARE, RELIGIOUS AND EDUCATIONAL INSTRUCTION TO THE UNDERPRIVILEDED IN HAITI

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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 (2018)

Revenue Breakdown

Contributions & Grants $2,173,986

Program Service Revenue $0

Investment Income $22,715

Other Revenue $0

TOTAL REVENUE $2,196,701

Expense Breakdown

Grants Paid $1,627,982

Salaries & Benefits $172,850

Fundraising Expenses $210,737

Program Expenses $2,136,184

Other Expenses $627,481

TOTAL EXPENSES $2,428,313

Year-over-Year Comparison

	2018	2017	Change
Revenue	$2,196,701	$2,348,897	-0.1%
Expenses	$2,428,313	$2,789,919	-0.1%
Net Income	$-231,612	$-441,022	-0.5%

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

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

$120,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLIFFORD SETHNESS	CHAIRMAN	0.00	Officer Director	$0	$0	$0
WILLIAM HAGGERTY	TREASURER	0.00	Officer Director	$0	$0	$0
JAMES O'HARA	DIRECTOR	0.00	Director	$0	$0	$0
JOHN REYNOLDS	DIRECTOR	0.00	Director	$0	$0	$0
KENNETH GRAFF	SECTRETARY	0.00	Officer Director	$0	$0	$0
BRIAN FARLEY	DIRECTOR	0.00	Director	$0	$0	$0
JAMES P STEELE	DIRECTOR	0.00	Director	$0	$0	$0
FRANCIS X IRR	EXECUTIVE DIRECTOR	40.00	Key Emp	$120,000	$0	$120,000

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	$2,196,701	$2,428,313	$930,681	$-231,612
2018	$2,348,897	$2,789,919	$1,199,596	$-441,022
2017	$4,242,410	$3,259,718	$1,598,757	$982,692

FREE THE KIDS INC