FREEDOM 5 ONE MINISTRIES INC (EIN 300632370) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

CHRISTOPHER HAAS

Phone

4797130070

Tax Period

2023-01-01 to 2023-12-31

FREEDOM 5 ONE MINISTRIES INC, founded in 2010, is a small nonprofit in the Human Services sector that reported $296K in total revenue in fiscal year 2018. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THE VISION IS TO TRANSFORM THE FINANCIAL DESTINY OF FAMILIES. THE MISSION IS TO SET PEOPLE FREE FROM FINANCIAL BONDAGE TO FREEDOM BY INVESTING IN THE FINANCIAL AND SPIRITUAL HEALTH OF FAMILIES IN NORTHWEST ARKANSAS AND AROUND THE WORLD. WE TEACH PEOPLE BIBLICAL PRINCIPLES OF FINANCIAL MANAGEMENT THROUGH CLASSES, WORKSHOPS AND SEMINARS. WE CREATE PERSONAL FINANCIAL SPENDING PLANS FOR INDIVIDUALS THROUGH COACHING SESSIONS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $436,989

Program Service Revenue $13,752

Investment Income $0

Other Revenue $1,367

TOTAL REVENUE $452,108

Expense Breakdown

Grants Paid $1,425

Salaries & Benefits $319,295

Fundraising Expenses $0

Program Expenses $378,620

Other Expenses $137,337

TOTAL EXPENSES $458,057

Year-over-Year Comparison

	2023	2022	Change
Revenue	$452,108	$378,575	+0.2%
Expenses	$458,057	$395,223	+0.2%
Net Income	$-5,949	$-16,648	-0.6%

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

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

$199,126

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN PRIER	TREASURER	0.00	Officer Director	$0	$0	$0
JOHN PATTON	SECRETARY	0.00	Officer Director	$0	$0	$0
SHERRI BARCLAY	BOARD MEMBER	0.00	Director	$0	$0	$0
TROY KESTNER	BOARD MEMBER	0.00	Director	$0	$0	$0
DON PAUL	BOARD MEMBER	0.00	Director	$0	$0	$0
DAVE GODWIN	BOARD MEMBER	0.00	Director	$0	$0	$0
CHRISTOPHER HAAS	PRESIDENT	40.00	Officer	$176,000	$23,126	$199,126

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	No data	No data	No data	No data
2023	$452,108	$458,057	$25,088	$-5,949
2022	$378,575	$395,223	$34,206	$-16,648
2021	$395,535	$344,598	$49,283	$50,937
2020	$305,886	$326,271	$42,786	$-20,385
2019	$330,648	$317,816	$16,433	$12,832
2018	$296,067	$297,344	$9,109	$-1,277

FREEDOM 5 ONE MINISTRIES INC