FREELY IN HOPE (EIN 274008726) - 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

2010

Legal Domicile

Principal Officer

NIKOLE LIM

Phone

5103349193

Tax Period

2024-01-01 to 2024-12-31

FREELY IN HOPE, founded in 2010, is a small nonprofit in the Human Services sector that reported $360K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $401K exceeded revenue, resulting in a 11% operating deficit.

Mission

EQUIPPING SURVIVORS AND ADVOCATES TO LEAD IN ENDING THE CYCLE OF SEXUAL VIOLENCE.

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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 $315,984

Program Service Revenue $32,136

Investment Income $0

Other Revenue $11,828

TOTAL REVENUE $359,948

Expense Breakdown

Grants Paid $214,309

Salaries & Benefits $133,296

Fundraising Expenses $35,922

Program Expenses $328,600

Other Expenses $53,543

TOTAL EXPENSES $401,148

Year-over-Year Comparison

	2024	2023	Change
Revenue	$359,948	$381,253	-0.1%
Expenses	$401,148	$389,013	+0.0%
Net Income	$-41,200	$-7,760	+4.3%

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

$63,288

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NIKOLE LIM	EXEC. DIR.	40.00	Officer	$58,104	$5,184	$63,288
ANGELICA TOWNE AMPORO	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA FANG	DIRECTOR	1.00	Director	$0	$0	$0
VIOLA MWANGI	TREASURER/DI	1.00	Officer Director	$0	$0	$0
AKINYI OOKO-OMBAKA	SECRETARY/DI	1.00	Officer Director	$0	$0	$0
SUZANNE SEMENYE	PRES/CHAIR/D	1.00	Officer Director	$0	$0	$0
BIGAD SHABAN	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
2024	$359,948	$401,148	$147,424	$-41,200
2023	$381,253	$389,013	$189,838	$-7,760
2022	$417,051	$378,971	$224,116	$38,080
2021	$346,356	$301,383	$186,083	$44,973
2020	$281,705	$329,719	$144,013	$-48,014
2019	$288,924	$253,055	$247,825	$35,869
2018	$281,864	$249,989	$157,347	$31,875

FREELY IN HOPE