LIVE FREE MINISTRIES INC (EIN 481201468) - Form 990 Financial Analysis & Trantor Score

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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

1998

Legal Domicile

Principal Officer

DAVID CASE

Phone

6202418911

Tax Period

2024-01-01 to 2024-12-31

LIVE FREE MINISTRIES INC, founded in 1998, is a small nonprofit in the Religion sector that reported $692K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

TO HELP PEOPLE LIVE FREE THROUGH JESUS CHRIST AND TO BE ABLE TO OVERCOME THEIR ADDICTIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $397,812

Program Service Revenue $280,060

Investment Income $50

Other Revenue $14,006

TOTAL REVENUE $691,928

Expense Breakdown

Grants Paid $0

Salaries & Benefits $337,047

Fundraising Expenses $0

Program Expenses $682,086

Other Expenses $375,060

TOTAL EXPENSES $712,107

Year-over-Year Comparison

	2024	2023	Change
Revenue	$691,928	$752,266	-0.1%
Expenses	$712,107	$800,307	-0.1%
Net Income	$-20,179	$-48,041	-0.6%

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

Volunteers

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

$54,830

Total Directors

$54,830

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID CASE	PRESIDENT	20.00	Officer Director	$51,288	$0	$51,288
JILLIAN SELLER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
WILMAR T HARDER	SECRETARY	1.00	Officer Director	$0	$0	$0
ASHLEY CASE	TREASURER	1.00	Officer Director	$3,542	$0	$3,542
LARRY PURCELL	BOARD MEMBER	1.00	Director	$0	$0	$0
ARDEN GRAY	BOARD MEMBER	1.00	Director	$0	$0	$0
JON BLACK	BOARD MEMBER	1.00	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	$691,928	$712,107	$1,247,706	$-20,179
2023	$752,266	$800,307	$1,140,907	$-48,041
2022	$833,402	$714,659	$1,202,718	$118,743
2021	$876,796	$638,309	$1,173,778	$238,487
2020	$685,249	$483,608	$1,195,820	$201,641
2019	$527,878	$479,376	$1,129,874	$48,502
2018	$593,129	$377,188	$1,019,261	$215,941

LIVE FREE MINISTRIES INC