FOUNDATION FOR LIBERTY AND AMERICAN GREATNESS (EIN 475088082) - Form 990 Financial Analysis & Trantor Score

🔒

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

2015

Legal Domicile

Principal Officer

NICHOLAS ADAMS

Phone

3092878146

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION FOR LIBERTY AND AMERICAN GREATNESS, founded in 2015, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 19% operating deficit.

Mission

THE FOUNDATION FOR LIBERTY AND AMERICAN GREATNESS (FLAG) IS A 501(C)3 NON- PROFIT ORGANIZATION DEDICATED TO PROMOTING AND PROVIDING HIGH-QUALITY CIVICS EDUCATION THAT INFORMS STUDENTS AND FAMILIES ABOUT THE GREATNESS OF AMERICA AND THE POWER OF THE AMERICAN DREAM.

🔒

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 $1,025,582

Program Service Revenue $0

Investment Income $0

Other Revenue $82,022

TOTAL REVENUE $1,107,604

Expense Breakdown

Grants Paid $0

Salaries & Benefits $648,200

Fundraising Expenses $289,867

Program Expenses $878,208

Other Expenses $675,281

TOTAL EXPENSES $1,323,481

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,107,604	$1,478,215	-0.3%
Expenses	$1,323,481	$1,347,924	0.0%
Net Income	$-215,877	$130,291	-2.7%

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

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

$587,279

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS ADAMS	EXECUTIVE DI	50.00	Officer	$368,846	$16,572	$385,418
ANGELIKA ADAMOPOULOS	SECRETARY	40.00	Officer	$190,100	$11,761	$201,861
DONALD GOBIN	TREASURER	3.00	Officer	$0	$0	$0
JOHN ROGITZ	VICE PRESIDE	3.00	Officer	$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	$1,107,604	$1,323,481	$293,966	$-215,877
2023	$1,478,215	$1,347,924	$512,496	$130,291
2022	$1,194,889	$1,287,960	$385,581	$-93,071
2021	$1,091,028	$1,066,565	$454,607	$24,463
2020	$910,090	$755,644	$458,036	$154,446
2020	$910,090	$755,644	$458,036	$154,446
2019	$694,828	$713,579	$272,096	$-18,751
2018	$704,222	$654,554	$285,277	$49,668
2017	$453,780	$285,399	$216,012	$168,381

FOUNDATION FOR LIBERTY AND AMERICAN GREATNESS