FREEDOM OUTREACH MINISTRIES

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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

2021

Legal Domicile

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 $8K in total revenue in fiscal year 2022. Revenue surged 401% from the prior year, signaling strong growth momentum. Expenses of $7K left a modest 10% surplus.

Mission

FREEDOM OUTREACH MINISTRIES HAS A MISSION TO ASSIST SERVICE MEMBERS FAMILIES AND OTHER NONPROFIT ORGANIZATIONS IN HELPING YOU BECOME THE PERSON GOD MADE YOU TO BE. NO MATTER WHERE YOU ARE IN YOUR JOURNEY, YOU ARE INVITED TO DISCOVER YOUR PURPOSE FROM THE BIBLE AND LIVE YOUR LIFE TO THE FULLEST.

Program Service Accomplishments

Program 1

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

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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 (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

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
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