FREEDOM INC (EIN 432023570) - 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

2003

Legal Domicile

Principal Officer

BIANCA GOMEZ

Phone

6087167324

Tax Period

2024-01-01 to 2024-12-31

FREEDOM INC, founded in 2003, is a community nonprofit in the Human Services sector that reported $4.9M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $5.6M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO ACHIEVE SOCIAL JUSTICE THROUGH COUPLING DIRECT SERVICES WITH LEADERSHIP DEVELOPMENT AND COMMUNITY ORGANIZING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,848,819

Program Service Revenue $7,609

Investment Income $56,173

Other Revenue $31,671

TOTAL REVENUE $4,944,272

Expense Breakdown

Grants Paid $767,855

Salaries & Benefits $2,776,836

Fundraising Expenses $283,668

Program Expenses $3,486,641

Other Expenses $2,009,731

TOTAL EXPENSES $5,554,422

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,944,272	$4,228,201	+0.2%
Expenses	$5,554,422	$5,507,815	+0.0%
Net Income	$-610,150	$-1,279,614	-0.5%

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

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

$488,836

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHONG MOUA	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHOUA XIONG	TREASURER	1.00	Officer Director	$0	$0	$0
DANA PELLEBON	SECRETARY	1.00	Officer Director	$0	$0	$0
TERRIANNA BRADELY	DIRECTOR	1.00	Director	$0	$0	$0
CHAOYA YANG	DIRECTOR	1.00	Director	$0	$0	$0
MARIA FERNANDEZ	DIRECTOR	1.00	Director	$0	$0	$0
BIANCA GOMEZ	CO-EXECUTIVE DIRECTOR	40.00	Officer	$123,891	$9,588	$133,479
CHAI MOUA	CO-EXECUTIVE DIRECTOR	40.00	Officer	$120,932	$28,638	$149,570
MAHNKER DAHNWEIH	CO-EXECUTIVE DIRECTOR	40.00	Officer	$32,154	$1,608	$33,762
SHEUR YANG	CHIEF FINANCIAL OFFICER	40.00	Officer	$163,722	$8,303	$172,025
KABZUAG VAJ	ANCHOR	40.00	Highest	$310,234	$17,890	$328,124
ASHLEY SOLAGE	DEVELOPMENT DIRECTOR	40.00	Highest	$120,119	$15,608	$135,727

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	$4,944,272	$5,554,422	$5,347,915	$-610,150
2023	$4,228,201	$5,507,815	$6,114,398	$-1,279,614
2022	$7,807,611	$8,612,357	$7,321,161	$-804,746
2022	$7,807,611	$8,612,357	$7,321,161	$-804,746
2022	$7,807,611	$8,612,357	$7,321,161	$-804,746
2021	$7,883,970	$6,203,135	$8,156,500	$1,680,835
2020	$8,381,174	$5,248,858	$6,369,374	$3,132,316
2019	$3,169,299	$2,882,772	$3,317,309	$286,527

FREEDOM INC