LIBERTY AND FREEDOM NOW

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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

2015

Legal Domicile

Principal Officer

JOHN WILLIAM SUMNER

Phone

3135968738

Tax Period

2023-01-01 to 2023-12-31

Mission

TO ASSIST CITIZENS RETURNING TO SOCIETY FROM CORRECTIONAL FACILITIES BY PROVIDING THEM THE RESOURCES AND GUIDANCE TO INCREASE THEIR CHANCES OF SUCCESS WITHIN THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $3,570

TO HELP CITIZENS RELEASED FROM MICHIGAN DEPARTMENT OF CORRECTIONS WHO RETURN TO WAYNE COUNTY AND DO NOT QUALIFY FOR THE REENTRY SERVICES FUNDED BY MICHIGAN DEPARTMENT OF CORRECTIONS REENTRY CONTRACT. LIBERTY AND FREEDOM NOW PROVIDES CARE COORDINATION AND PREPARES A CARE PLAN FOR PARTICIPANTS, WHICH INCLUDES HOUSING, PERSONAL HYGIENE AND SANITATION SUPPLIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,570

Other Expenses $3,570

TOTAL EXPENSES $3,570

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	N/A	N/A
Expenses	$3,570	$53,644	-0.9%
Net Income	N/A	$-53,644	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
DENNIS RICE	VICE PRESIDE	4.00	Director	$0	$0	$0
JOHN WILLIAM SUMNER	PRESIDENT	4.00	Officer 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
2023	No data	$3,570	$1,860	No data
2022	No data	$53,644	$5,430	No data
2021	$180,000	$126,561	$78,582	$53,439