FREEDOM BUSINESS ALLIANCE INC (EIN 811117210) - 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

2015

Legal Domicile

Principal Officer

RACHEL NELSON

Phone

8327861049

Tax Period

2024-01-01 to 2024-12-31

FREEDOM BUSINESS ALLIANCE INC, founded in 2015, is a small nonprofit in the International Affairs sector that reported $454K in total revenue in fiscal year 2024. Revenue surged 398% from the prior year, signaling strong growth momentum. Expenses of $435K left a modest 4% surplus.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE FREEDOM BUSINESS ALLIANCE IS TO SCALE THE FREEDOM BUSINESS MOVEMENT. OUR VISION IS A JOB FOR EVERY PERSON HEALING FROM MODERN SLAVERY AND VULNERABLE TO EXPLOITATION.

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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 $420,517

Program Service Revenue $33,591

Investment Income $0

Other Revenue $0

TOTAL REVENUE $454,108

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,887

Program Expenses $315,631

Other Expenses $435,242

TOTAL EXPENSES $435,242

Year-over-Year Comparison

	2024	2023	Change
Revenue	$454,108	$91,119	+4.0%
Expenses	$435,242	$130,408	+2.3%
Net Income	$18,866	$-39,289	-1.5%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAUREN PINKSTON	CHAIR	1	Officer Director	$0	$0	$0
BRYAN PROSEK	TREASURER	1	Officer Director	$0	$0	$0
RACHEL NELSON	SECRETARY	1	Officer Director	$0	$0	$0
RYAN BERG	BOARD MEMBER	1	Director	$0	$0	$0
GRAY SHIPLEY	BOARD MEMBER	1	Director	$0	$0	$0
TUN CHENG ONG	BOARD MEMBER	1	Director	$0	$0	$0
SHANDRA WOWORUNTU	BOARD MEMBER	1	Director	$0	$0	$0
VANESSA BOUCHE	BOARD MEMBER	1	Director	$0	$0	$0
KAREN SCHMIDT	EXECUTIVE DIRECTOR	50	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	$454,108	$435,242	$79,552	$18,866

FREEDOM BUSINESS ALLIANCE INC