FREEDOM BUSINESS ALLIANCE INC

EIN: 811117210 501(c)(3) International Affairs

HOUSTON, TX

Total Revenue
$454,108
Total Expenses
$435,242
Total Assets
$79,552
Net Assets
$50,733
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TX
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.

Program Service Accomplishments

Program 1
Expenses: $162,063 Revenue: $0

TRAINING: THE FREEDOM BUSINESS ALLIANCE (FBA) IS COMMITTED TO EQUIPPING ITS MEMBERS WITH THE TOOLS AND RESOURCES NEEDED TO SUCCEED THROUGH TARGETED, HIGH-IMPACT TRAINING PROGRAMS. IN 2024, FBA...

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TRAINING: THE FREEDOM BUSINESS ALLIANCE (FBA) IS COMMITTED TO EQUIPPING ITS MEMBERS WITH THE TOOLS AND RESOURCES NEEDED TO SUCCEED THROUGH TARGETED, HIGH-IMPACT TRAINING PROGRAMS. IN 2024, FBA PROVIDED A RANGE OF SPECIALIZED TRAINING, INCLUDING TRAUMA-INFORMED TRAINING FOR MID-LEVEL MANAGERS, EMPOWERING LEADERS TO CREATE SUPPORTIVE AND RESILIENT WORK ENVIRONMENTS. REGIONAL IN-PERSON TRAUMA-INFORMED TRAINING IN INDONESIA FURTHER DEEPENED LOCAL CAPACITY FOR SURVIVOR CARE AND BUSINESS SUSTAINABILITY. TO ENSURE MEMBERS COMMUNICATE WITH INTEGRITY, FBA OFFERED ETHICAL STORYTELLING WORKSHOPS, PROMOTING TRANSPARENCY AND DIGNITY IN THEIR NARRATIVES. ADDITIONALLY, BUSINESS TRAINING COHORTS FACILITATED PEER LEARNING AND PRACTICAL BUSINESS DEVELOPMENT STRATEGIES, FOSTERING COLLABORATION AND EQUIPPING MEMBERS TO SCALE THEIR IMPACT EFFECTIVELY. THESE INITIATIVES REFLECT FBA'S HOLISTIC APPROACH TO BUILDING SUSTAINABLE, SURVIVOR-CENTERED ENTERPRISES.

Program 2
Expenses: $90,340 Revenue: $0

RESEARCH: IN 2024, THE FBA COMPLETED RESEARCH EFFORTS RELATED TO TRAUMA-INFORMED WORKPLACE BEST PRACTICES AND HEALING-CENTERED WORKPLACE ASSESSMENTS. FBA CONTINUES TO EXECUTE ANNUAL MEMBER REVIEW AND...

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RESEARCH: IN 2024, THE FBA COMPLETED RESEARCH EFFORTS RELATED TO TRAUMA-INFORMED WORKPLACE BEST PRACTICES AND HEALING-CENTERED WORKPLACE ASSESSMENTS. FBA CONTINUES TO EXECUTE ANNUAL MEMBER REVIEW AND DATA COLLECTION PROCESS THAT WILL ALLOW US TO TRACK THE PROGRESS OF THE MOVEMENT OVER THE COMING YEAR. THIS DATA WILL BE COLLECTED FROM ALL FBA MEMBERS AND ANALYZED ON AN ANNUAL BASIS.

Program 3
Expenses: $48,147 Revenue: $33,591

BRAND AWARENESS: THE FREEDOM BUSINESS ALLIANCE (FBA) ACTIVELY PROMOTES AWARENESS ABOUT THE URGENT NEED TO CREATE SAFE, SUSTAINABLE JOBS FOR SURVIVORS OF TRAFFICKING AND INDIVIDUALS AT RISK, WHILE...

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BRAND AWARENESS: THE FREEDOM BUSINESS ALLIANCE (FBA) ACTIVELY PROMOTES AWARENESS ABOUT THE URGENT NEED TO CREATE SAFE, SUSTAINABLE JOBS FOR SURVIVORS OF TRAFFICKING AND INDIVIDUALS AT RISK, WHILE PRIORITIZING PREVENTION IN HIGH-TRAFFICKING COMMUNITIES. THROUGH KEYNOTE ADDRESSES, PANEL DISCUSSIONS, AND WORKSHOPS AT CONFERENCES, FBA AMPLIFIES THE IMPORTANCE OF ECONOMIC EMPOWERMENT AS A SOLUTION TO EXPLOITATION. ADDITIONALLY, WE LEVERAGE DIGITAL PLATFORMS SUCH AS BLOGS, WEBINARS, AND SOCIAL MEDIA TO SHARE INSIGHTS, BEST PRACTICES, AND SURVIVOR-INFORMED STRATEGIES. BY ENGAGING DIVERSE AUDIENCES ACROSS SECTORS, FBA FOSTERS COLLABORATION, BUILDS UNDERSTANDING, AND MOBILIZES ACTION TO ADDRESS THE ROOT CAUSES OF TRAFFICKING THROUGH MEANINGFUL EMPLOYMENT AND COMMUNITY-LED PREVENTION EFFORTS.

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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%)

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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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
33

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
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
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