FREE FAB'RIK INC

EIN: 273293475 501(c)(3) Human Services

ATLANTA, GA

Total Revenue
$25
Total Expenses
$30,083
Total Assets
$17,160
Net Assets
$17,160
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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
2012
Legal Domicile
GA
Principal Officer
DANA SPINOLA
Phone
4048818223
Tax Period
2025-01-01 to 2025-12-31

FREE FAB'RIK INC, founded in 2012, is a micro nonprofit in the Human Services sector that reported $25 in total revenue in fiscal year 2025. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $30K exceeded revenue, resulting in a 120232% operating deficit.

Mission

RESTORE DIGNITY, CONFIDENCE AND HOPE TO YOUNG LADIES WHO HAVE LOST THEIRS BY HELPING THEM DISCOVER GOD'S WILL FOR THEIR LIVES THROUGH MENTORSHIP, RETAIL TRAINING AND FREE SHOPPING SPREES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $25
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $25

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $27,075
Other Expenses $30,083
TOTAL EXPENSES $30,083

Year-over-Year Comparison

2025 2024 Change
Revenue $25 $22,773 -1.0%
Expenses $30,083 $28,064 +0.1%
Net Income $-30,058 $-5,291 +4.7%
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
1
Independent Members
1
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
DANA SPINOLA PRESIDENT 5.00
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
2025 $25 $30,083 $17,160 $-30,058
2024 $22,773 $28,064 $47,218 $-5,291
2023 $25,687 $748,167 $52,509 $-722,480
2022 $59,782 $16,180 $774,989 $43,602
2021 $50,998 $30,614 $731,387 $20,384
2020 $758,050 $58,610 $711,003 $699,440
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