INSTITUTE FOR FREEDOMS INC (EIN 352667788) - 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

2019

Legal Domicile

Principal Officer

MICHELLE WOO

Phone

4157104747

Tax Period

2023-01-01 to 2023-12-31

INSTITUTE FOR FREEDOMS INC, founded in 2019, is a community nonprofit in the Public & Societal Benefit sector that reported $4.7M in total revenue in fiscal year 2023. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 36% operating margin.

Mission

THE INSTITUTE INTENDS TO PRESENT EXHIBITIONS OF VISUAL ART, CURATE PUBLIC PROGRAMS, AND COLLABORATE WITH MUSEUMS, ART NOT-PROFITS, AND CORPORATIONS OF ARTISTIC PROGRAMMING

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,689,177

Program Service Revenue $6,898

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,696,075

Expense Breakdown

Grants Paid $377,385

Salaries & Benefits $234,054

Fundraising Expenses $47,443

Program Expenses $2,850,234

Other Expenses $2,393,136

TOTAL EXPENSES $3,004,575

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,696,075	$2,368,124	+1.0%
Expenses	$3,004,575	$3,122,370	0.0%
Net Income	$1,691,500	$-754,246	-3.2%

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

Total Directors

$150,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLAUDIA PENA	EXECUTIVE DI	40.00	Director	$150,000	$0	$150,000
MICHELLE WOO	DIRECTOR	1.00	Director	$0	$0	$0
JAMILLE BIGIO	TREASURER	1.00	Officer	$0	$0	$0
RUJEKO HOCKLEY	PRESIDENT	1.00	Officer	$0	$0	$0
ANGELINA VONTORE	SECRETARY	1.00	Officer	$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	No data	No data	No data	No data
2023	$4,696,075	$3,004,575	$2,436,227	$1,691,500
2022	$3,084,128	$3,687,300	$1,262,708	$-603,172
2021	$1,611,057	$149,687	$1,464,699	$1,461,370

INSTITUTE FOR FREEDOMS INC