Cleveland, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)True Freedom Inc, founded in 2014, is a community nonprofit in the Crime & Legal sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $965K left a modest 8% surplus.
True Freedom Ministries is an evangelical, non-profit organization dedicated to reaching people locked in jails and prisons, the homeless, and those trapped in addiction across Ohio with the message of the true freedom found only in Jesus Christ.
True Freedom Ministries, in partnership with correctional facilities and private organizations, applies a multi-faceted approach to Prison Ministry incorporating evangelism, discipleship and...
True Freedom Ministries, in partnership with correctional facilities and private organizations, applies a multi-faceted approach to Prison Ministry incorporating evangelism, discipleship and mentorship with pre-release education and post-release programming. This approach creates a climate based upon faith, positive values and accountability, and provides the tools to equip prisoners and ex-offenders with behavioral skills, job training and experience.The True Freedom Addiction Recovery Ministry holds weekly meetings at our office in Cleveland. Our program utilizes the Christ-centered curriculums and allows us to establish relationships with people struggling to break their addictive behaviors. This program also serves as the centerpiece of our Prison Ministry Re-Entry Program as we recognize a majority of former prisoners and ex-offenders have struggled or continue to struggle with addiction.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,054,220 | $974,293 | +0.1% |
| Expenses | $965,178 | $874,133 | +0.1% |
| Net Income | $89,042 | $100,160 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| Michael Swiger | President | 60.00 |
Officer
|
$130,206 | $0 | $130,206 |
| Reuben Gobezie | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Richard Gibson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Chris Bryniarski | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Kimberly Smith Rivera | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Jon Lawrence | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Frank Sinito | Board Chairman | 3.00 |
Director
|
$0 | $0 | $0 |
| Jessica McCamon | Secretary | 3.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,054,220 | $965,178 | $1,224,512 | $89,042 |
| 2022 | $974,293 | $874,133 | $1,096,237 | $100,160 |
| 2021 | $1,015,910 | $751,578 | $986,672 | $264,332 |
| 2020 | $959,475 | $749,167 | $712,032 | $210,308 |
| 2019 | $788,816 | $761,628 | $544,374 | $27,188 |
| 2018 | $837,624 | $813,058 | $522,508 | $24,566 |
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