FREE 2 FLY INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

HAILEY JOHNSTON

Phone

4234581614

Tax Period

2024-01-01 to 2024-12-31

FREE 2 FLY INC, founded in 2014, is a small nonprofit in the Unknown sector that reported $412K in total revenue in fiscal year 2024. Expenses of $389K left a modest 5% surplus.

Mission

EXISTS TO SUPPORT NUTURE AND EMPOWER WOMEN THROUGH HAND SEWN CUSTOM ACCESSORIES AND APPAREL REHABILITATIVE PROGRAMMING AND COMMUNITY BUILDING

Program Service Accomplishments

Program 1

Expenses: $82,315

NUTURE PROGRAM FOR WOMEN IN THE PROGRAM ASSIST WITH HOUSING AND OTHER

Program 2

Expenses: $59,921 Revenue: $156,778

PRODUCTS SOLD ARE MADE BY THE PROGRAM PARTICIPANTS

Program 3

Expenses: $19,606 Revenue: $87,476

PROPERTY INCOME TO SUPPORT PROGRAM EXPENSES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $199,091

Program Service Revenue $0

Investment Income $138

Other Revenue $212,440

TOTAL REVENUE $411,669

Expense Breakdown

Grants Paid $0

Salaries & Benefits $201,131

Fundraising Expenses $18,684

Program Expenses $255,297

Other Expenses $188,207

TOTAL EXPENSES $389,338

Year-over-Year Comparison

	2024	2023	Change
Revenue	$411,669	$424,646	0.0%
Expenses	$389,338	$369,410	+0.1%
Net Income	$22,331	$55,236	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$41,941

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
H JOHNSTON	PRESIDENT	40	Officer	$41,941	$0	$41,941
KEENON HULTON	CHAIRMAN	2	Officer	$0	$0	$0
C SEDGWICK	TREASURER	2	Officer	$0	$0	$0
GILLY WISEMAN	SECRETARY	1	Officer	$0	$0	$0
HALEY THURMOND	DIRECTOR	1	Director	$0	$0	$0
BRENDA VOYTIK	DIRECTOR	1	Director	$0	$0	$0
KENDRA RUTLEGE	DIRECTOR	1	Director	$0	$0	$0
WENDY BEATY	DIRECTOR	1	Director	$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
2024	$411,669	$389,338	$777,424	$22,331
2023	$424,646	$369,410	$749,019	$55,236
2022	$365,351	$418,626	$701,161	$-53,275
2021	$283,271	$339,896	$766,334	$-56,625
2020	$324,998	$297,004	$798,118	$27,994
2019	$371,875	$363,310	$739,112	$8,565
2018	$173,537	$142,692	$711,416	$30,845