Washington, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Free Minds Book Club & Writing Workshop, founded in 2004, is a community nonprofit in the Education sector that reported $3.4M in total revenue in fiscal year 2025. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $3.0M left a modest 11% surplus.
The Organization builds community to foster personal development and systems change for incarcerated and formerly incarcerated youth and adults through the literary arts, workforce development, trauma healing and peace-building.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $3,377,323 | $2,716,210 | +0.2% |
| Expenses | $2,991,819 | $2,754,067 | +0.1% |
| Net Income | $385,504 | $-37,857 | -11.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Tara Libert | Executive Director | 40.00 |
Officer
|
$145,576 | $0 | $145,576 |
| Premal Dharia | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Jasmine Tyler | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Kandia Milton | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Michael Frohm | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Heather Koslov | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Chris Turner | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joseph Caleb | Vice-President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tyrone Parker | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Tessa Raden | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $3,377,323 | $2,991,819 | $4,636,596 | $385,504 |
| 2024 | No data | No data | No data | No data |
| 2023 | $3,120,517 | $2,372,700 | $3,905,713 | $747,817 |
| 2022 | $2,698,415 | $1,927,384 | $3,075,708 | $771,031 |
| 2021 | $2,082,941 | $1,510,039 | $2,522,184 | $572,902 |
| 2020 | $1,501,040 | $1,438,299 | $1,936,878 | $62,741 |
| 2020 | $1,501,040 | $1,438,299 | $1,936,878 | $62,741 |
| 2019 | $1,276,513 | $1,056,067 | $1,723,667 | $220,446 |
Compare Free Minds Book Club & Writing Workshop with other nonprofits in District of Columbia and across the country.