FREEDOM PAYEE SERVICE FREEDOM PAYEE SERVICE (EIN 383896287) - 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

2014

Legal Domicile

Principal Officer

ANTHONY VAUGHAN

Phone

9189142182

Tax Period

2023-01-01 to 2023-12-31

FREEDOM PAYEE SERVICE FREEDOM PAYEE SERVICE, founded in 2014, is a micro nonprofit in the Human Services sector that reported $78K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13K, a strong 17% operating margin.

Mission

TO CARE FOR THOSE DISABLED OR MENTALLY INCAPABLE INDIVIDUALS FINANCES

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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 $0

Program Service Revenue $77,547

Investment Income $0

Other Revenue $0

TOTAL REVENUE $77,547

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $64,307

TOTAL EXPENSES $64,307

Year-over-Year Comparison

	2023	2022	Change
Revenue	$77,547	$62,954	+0.2%
Expenses	$64,307	$52,511	+0.2%
Net Income	$13,240	$10,443	+0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY VAUGHAN	PRESIDENT	10.00	Officer Director	$0	$0	$0
MEAGHAN MORRIS	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
SARAH VAUGHAN	SECRETARY	5.00	Officer Director	$0	$0	$0
JASON WICKLINE	DIRECTOR	2.00	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
2023	$77,547	$64,307	$32,152	$13,240
2022	$62,954	$52,511	$20,559	$10,443
2021	$50,038	$43,383	$9,983	$6,655
2020	$38,716	$36,086	$3,328	$2,630
2019	$28,088	$28,297	$698	$-209
2018	$16,632	$16,544	$88	$88

FREEDOM PAYEE SERVICE FREEDOM PAYEE SERVICE