FRESHLY RENEWED FAITH BASED TRANSITIONAL (EIN 812632214) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

Terrell Newton

Phone

5019441406

Tax Period

2023-01-01 to 2023-12-31

Freshly Renewed Transitional, founded in 2015, is a small nonprofit in the Crime & Legal sector that reported $552K in total revenue in fiscal year 2020. Revenue surged 112% from the prior year, signaling strong growth momentum.

Mission

Re-Entry Assistance Freshly Renewed - Transitional provided housing and support services for re-entering clients society after incarceration.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,695,706

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,695,706

Expense Breakdown

Grants Paid $0

Salaries & Benefits $573,677

Fundraising Expenses $0

Program Expenses $1,524,501

Other Expenses $1,218,917

TOTAL EXPENSES $1,792,594

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,695,706	$1,698,404	0.0%
Expenses	$1,792,594	$1,441,363	+0.2%
Net Income	$-96,888	$257,041	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$96,000

Total Directors

$96,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terrell Newton	Executive Director	40	Officer Director	$96,000	$0	$96,000
Patricia Minor	Chairperson	1	Officer Director	$0	$0	$0
Charles Colen	Vice Chairperson	1	Officer Director	$0	$0	$0
Kimberly Lawrence	Secretary and Treasurer	1	Officer Director	$0	$0	$0
Rufus Thrower	Board Member	1	Director	$0	$0	$0
Undre Brunson	Board Member	1	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
2023	$1,695,706	$1,792,594	$244,079	$-96,888
2022	$1,698,404	$1,441,363	$325,376	$257,041
2021	$775,281	$883,888	$90,335	$-108,607
2020	$551,949	$560,777	$167,213	$-8,828

FRESHLY RENEWED FAITH BASED TRANSITIONAL