FREEDOM HOUSE MINISTRYINC (EIN 582595466) - 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

2001

Legal Domicile

Principal Officer

BRET WATSON

Tax Period

2023-01-01 to 2023-12-31

FREEDOM HOUSE MINISTRYINC, founded in 2001, is a small nonprofit in the Religion sector that reported $168K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year.

Mission

EXTENDING GODS LOVE WORLDWIDE THROUGH HANDS-ON HUMANITARIAN METHODS. FEEDING, EDUCATING,TRAINING, AND EQUIPPING ORPHANS AND WIDOWS IN AFRICA TO FIND SELF WORTH, IDENTITY AND PURPOSE.

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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 $167,726

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $167,726

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,150

Fundraising Expenses $0

Program Expenses $164,224

Other Expenses $106,074

TOTAL EXPENSES $164,224

Year-over-Year Comparison

	2023	2022	Change
Revenue	$167,726	$197,609	-0.2%
Expenses	$164,224	$193,540	-0.2%
Net Income	$3,502	$4,069	-0.1%

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
KRIS SORDI	BOARD MEMBER	1.00	Director	$0	$0	$0
KRYSTAL BONS	SECRETARY	1.00	Officer	$0	$0	$0
BRET WATSON	CFO	40.00	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	No data	No data	No data	No data
2023	$167,726	$164,224	$22,337	$3,502
2022	$197,609	$193,540	$18,835	$4,069
2021	$89,192	$89,230	$14,766	$-38
2020	$98,917	$94,374	$14,804	$4,543
2019	$107,101	$106,840	$10,261	$261

FREEDOM HOUSE MINISTRYINC