FREEDOM ENCOUNTERS INC (EIN 710958462) - 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

2004

Legal Domicile

Principal Officer

KENNETH THORNBERG

Phone

2083436012

Tax Period

2023-01-01 to 2023-12-31

FREEDOM ENCOUNTERS INC, founded in 2004, is a small nonprofit in the Religion sector that reported $294K in total revenue in fiscal year 2023. Revenue surged 202% from the prior year, signaling strong growth momentum. The organization ran a surplus of $86K, a strong 29% operating margin.

Mission

TO BRING HEALING, WHOLENESS AND UNDERSTANDING TO CHRISTIANS WORLDWIDE AND HELP THEM KEEP THEIR FREEDOM. WE PROVIDE HELP TO THE MOST SEVERELY ABUSED PEOPLE. WE TRAIN OTHERS ON HOW TO DO THIS EFFECTIVELY.

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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 $229,134

Program Service Revenue $21,177

Investment Income $43,502

Other Revenue $0

TOTAL REVENUE $293,813

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81,368

Fundraising Expenses $0

Program Expenses $70,360

Other Expenses $126,452

TOTAL EXPENSES $207,820

Year-over-Year Comparison

	2023	2022	Change
Revenue	$293,813	$97,243	+2.0%
Expenses	$207,820	$151,813	+0.4%
Net Income	$85,993	$-54,570	-2.6%

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

$24,368

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH THORNBERG	PRESIDENT	60.00	Officer	$15,000	$9,368	$24,368
DENNIS CLIFTON	VICE PRESIDE	1.00	Officer	$0	$0	$0
GEORGIA CLIFTON	TREASURER	1.00	Officer	$0	$0	$0
SYLVIA THORNBERG	SECRETARY	35.00	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
2023	$293,813	$207,820	$192,271	$85,993

FREEDOM ENCOUNTERS INC