FREEDOM OUTREACH MINISTRIES

EIN: 384187890 501(c)(3) Mental Health

Hampton, VA

Total Revenue
$7,981
Total Expenses
$7,203
Total Assets
$778
Net Assets
$778
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
VA
Principal Officer
MACK A PARHAM
Phone
7033444171
Tax Period
2022-01-01 to 2022-12-31

FREEDOM OUTREACH MINISTRIES, founded in 2021, is a micro nonprofit in the Mental Health sector that reported $2K in total revenue in fiscal year 2021.

Mission

FREEDOM OUTREACH MINISTRIES HAS A MISSION TO ASSIST SERVICE MEMBERS, FAMILIES AND OTHER NON PROFIT ORGANIZATIONS IN HELPING YOU BECOME THE PERSON GOD MADE YOU TO BE.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $7,981
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $7,981

Expense Breakdown

Grants Paid $93
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $7,110
TOTAL EXPENSES $7,203

Year-over-Year Comparison

2022 2021 Change
Revenue $7,981 $1,592 +4.0%
Expenses $7,203 $1,592 +3.5%
Net Income $778 N/A N/A
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

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Financial Distress Indicator

Liquidity & Cash Position

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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
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MACK A PARHAM PRESIDENT 030.00
Officer Key Emp
$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
2022 $7,981 $7,203 $778 $778
2021 $1,592 $1,592 No data No data
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