FREIRE FOUNDATION (EIN 272568814) - 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

Principal Officer

JOAN GOLDSTEIN

Phone

2675834458

Tax Period

2024-07-01 to 2025-06-30

FREIRE FOUNDATION, founded in 2009, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $1.5M exceeded revenue, resulting in a 39% operating deficit.

Mission

THE ORGANIZATION HOLDS REAL ESTATE FOR FREIRE CHARTER SCHOOL AND PROVIDES SUPPORT TO CHARTER SCHOOLS THAT USE THE FREIRE EDUCATION MODEL

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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 (2024)

Revenue Breakdown

Contributions & Grants $794,633

Program Service Revenue $252,000

Investment Income $29,030

Other Revenue $990

TOTAL REVENUE $1,076,653

Expense Breakdown

Grants Paid $1,148,415

Salaries & Benefits $0

Fundraising Expenses $80,835

Program Expenses $1,246,461

Other Expenses $350,055

TOTAL EXPENSES $1,498,470

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,076,653	$1,196,124	-0.1%
Expenses	$1,498,470	$913,800	+0.6%
Net Income	$-421,817	$282,324	-2.5%

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

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOAN GOLDSTEIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANTHONY NACCARATO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BLAKE ZUCKER	SECRETARY	1.00	Officer Director	$0	$0	$0
EDWARD OPALL	TREASURER	1.00	Officer Director	$0	$0	$0
JOANNA JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
HAL REAL	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
2025	$1,076,653	$1,498,470	$4,110,124	$-421,817
2024	$1,196,124	$913,800	$4,431,919	$282,324
2023	$2,653,364	$2,255,158	$4,212,188	$398,206
2022	$898,899	$980,785	$3,865,660	$-81,886
2021	$1,134,178	$396,131	$4,000,520	$738,047
2020	$926,329	$759,196	$3,732,115	$167,133
2019	$865,994	$1,199,317	$3,491,491	$-333,323

FREIRE FOUNDATION