FREEDOM CENTER (EIN 540736349) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1963

Legal Domicile

Principal Officer

LYMAN EDDY

Phone

7037773505

Tax Period

2022-07-01 to 2023-06-30

FREEDOM CENTER, founded in 1963, is a small nonprofit in the Recreation & Sports sector that reported $176K in total revenue in fiscal year 2017. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $57K, a strong 32% operating margin.

Mission

THE FREEDOM CENTER IS AN EDUCATIONAL AND RECREATIONAL FACILITY WHOSE ACTIVITIES PROVIDE SPIRITUAL, EDUCATIONAL, MORAL, AND PHYSICAL EXPERIENCES FOR THE BENEFIT AND BETTERMENT OF THE PEOPLE IN THE WASHINGTON DC REGION.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $3,449

Program Service Revenue $142,323

Investment Income $0

Other Revenue $0

TOTAL REVENUE $145,772

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,316

Fundraising Expenses $0

Program Expenses $111,372

Other Expenses $135,066

TOTAL EXPENSES $197,382

Year-over-Year Comparison

	2022	2021	Change
Revenue	$145,772	$183,612	-0.2%
Expenses	$197,382	$261,722	-0.2%
Net Income	$-51,610	$-78,110	-0.3%

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

$40,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL GERNHARDT	EXECUTIVE DI	40.00	Officer	$40,000	$0	$40,000
REBECCA DEBROEKERT	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
LYMAN EDDY	PRESIDENT	30.00	Officer Director	$0	$0	$0
DEREK HUTCHINSON	SECRETARY	1.00	Officer Director	$0	$0	$0
SEAN MCMILLAN	TREASURER	1.00	Officer Director	$0	$0	$0
DANIEL PROCK	DIRECTOR	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
2023	$145,772	$197,382	$2,341,158	$-51,610
2022	$183,612	$261,722	$2,053,484	$-78,110
2021	$163,326	$106,803	$2,027,934	$56,523
2020	$168,819	$167,691	$2,031,513	$1,128
2019	$178,114	$176,303	$1,975,334	$1,811
2018	$175,952	$119,371	$2,003,165	$56,581

FREEDOM CENTER