CHOICES FOR FREEDOM INC (EIN 811996343) - 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

2016

Legal Domicile

Principal Officer

Nathaniel Williams

Phone

5108153488

Tax Period

2023-01-01 to 2023-12-31

CHOICES FOR FREEDOM INC, founded in 2016, is a small nonprofit in the Crime & Legal sector that reported $633K in total revenue in fiscal year 2023. The organization ran a surplus of $290K, a strong 46% operating margin.

Mission

Choices for Freedom is dedicated to improving the lives of individuals and families who have been impacted by mass incarceration. We develop and deliver effective programs, incorporating life skills and healing into the Arts and Humanities, and bring culturally relevant programs to men and women who are serving time, with reentry programs to assist them with reintegration back into the community, and mentoring and prevention programs for youth.

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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 $633,424

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $633,424

Expense Breakdown

Grants Paid $0

Salaries & Benefits $187,867

Fundraising Expenses $8,626

Program Expenses $304,410

Other Expenses $155,962

TOTAL EXPENSES $343,829

Year-over-Year Comparison

	2023	2022	Change
Revenue	$633,424	N/A	N/A
Expenses	$343,829	N/A	N/A
Net Income	$289,595	$0	N/A

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

$163,343

Total Directors

$163,343

Key Employees

$140,093

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nathaniel Williams Jr	Executive Director	40	Officer Director Key Emp Highest	$110,000	$30,093	$140,093
Carolyn Williams	Administrative Director	10	Officer Director	$23,250	$0	$23,250
Renata Valree	Board Member	0.20	Director	$0	$0	$0
David Muhammad	Board Member	0.2	Director	$0	$0	$0
Hillary Blout	Board Member	0.2	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$633,424	$343,829	$308,912	$289,595
2020	$295,197	$194,753	$114,179	$100,444

CHOICES FOR FREEDOM INC