Freedom to Choose Inc (EIN 521973445) - 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

2007

Legal Domicile

Principal Officer

Felecia Hoover

Phone

4108309710

Tax Period

2024-07-01 to 2025-06-30

Freedom to Choose Inc, founded in 2007, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $2.2M exceeded revenue, resulting in a 15% operating deficit.

Mission

FREEDOM TO CHOOSE IS A NON-PROFIT AGENCY THAT ADVOCATES AND INSURES THE SAFETY HEALTH WELFARE AND FUNDAMENTAL HUMAN RIGHTS FOR DISABLED INDIVIDUALS. CURRENTLY SERVICING 11 INDIVIDUALS AND PROVIDING DEVELOPMENTAL SERVICES WHILE INTEGRATING THEM BACK INTO SOCIETY.

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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 $0

Program Service Revenue $1,899,970

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,899,970

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,348,026

Fundraising Expenses $0

Program Expenses $2,182,280

Other Expenses $834,254

TOTAL EXPENSES $2,182,280

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,899,970	$1,476,769	+0.3%
Expenses	$2,182,280	$2,010,922	+0.1%
Net Income	$-282,310	$-534,153	-0.5%

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

Total Directors

$144,170

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Felecia Hoover	CEO	40.00	Director Highest	$143,000	$0	$143,000
Antoine Boone	Board Member	2.00	Director	$1,170	$0	$1,170
Neal Fitz	Board Member	2.00	Director	$0	$0	$0
Fernandes Jones	Board Member	2.00	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
2025	$1,899,970	$2,182,280	$343,793	$-282,310
2024	$1,476,769	$2,010,922	$811,722	$-534,153
2023	$2,406,333	$1,890,210	$1,399,827	$516,123
2022	$2,418,410	$2,037,699	$888,813	$380,711
2021	$2,105,055	$1,774,651	$628,309	$330,404
2020	$1,394,108	$1,387,821	$315,493	$6,287
2019	$2,604,314	$1,282,881	$235,411	$1,321,433
2018	$1,060,812	$1,289,372	$301,807	$-228,560

Freedom to Choose Inc