FREE RAIN INTERNATIONAL INC

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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

Joe Vargas

Phone

2605802703

Tax Period

2024-01-01 to 2024-12-31

FREE RAIN INTERNATIONAL INC, founded in 2016, is a small nonprofit in the Human Services sector that reported $384K in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $149K, a strong 39% operating margin.

Mission

Free Rain provides resources and empowering, educational programs to aid those enslaved, impoverished, and exploited. Our vision is to create options and opportunities for those rescued and oppressed in order to make positive and radical changes in our world. Our most significant activities are our vocational programs in Thailand for survivors and our training programs in the US for those wanting to fight injustice.

Program Service Accomplishments

Program 1

Expenses: $122,768 Revenue: $0

Our Shear Love International Program is our largest program. Our program in Thailand teaches vocational skills in hairdressing to men and women exiting trafficking, prostitution and abuse. Our...

Our Shear Love International Program is our largest program. Our program in Thailand teaches vocational skills in hairdressing to men and women exiting trafficking, prostitution and abuse. Our holistic program includes, personal development and life skills course, English language classes, counseling services, medical care, housing, food, and an education in hair design. We also have partner orgs around the world for which we provide some funding and tools.

Program 2

Expenses: $41,791 Revenue: $0

Our Injustice Response program trains and provides education to individuals in how to identify and combat human trafficking through seminars, conventions, online training courses and hands on...

Our Injustice Response program trains and provides education to individuals in how to identify and combat human trafficking through seminars, conventions, online training courses and hands on training.

Program 3

Expenses: $28,095 Revenue: $0

Our Sew Free Program teaches textile art and employs survivors of trafficking and exploitation. This program began in 2020 when we educate and employed over 20 women displaced from work due to the...

Our Sew Free Program teaches textile art and employs survivors of trafficking and exploitation. This program began in 2020 when we educate and employed over 20 women displaced from work due to the COVID-19 pandemic. This program now operates in tandem with our Shear Love school in Thailand.

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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 $384,048

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $384,048

Expense Breakdown

Grants Paid $135,300

Salaries & Benefits $11,571

Fundraising Expenses $34,018

Program Expenses $193,529

Other Expenses $87,704

TOTAL EXPENSES $234,575

Year-over-Year Comparison

	2024	2023	Change
Revenue	$384,048	$219,064	+0.8%
Expenses	$234,575	$228,268	+0.0%
Net Income	$149,473	$-9,204	-17.2%

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
Joe Vargas	Chairman	1	Officer Director	$0	$0	$0
Leanne Ellis	Vice-Chairman	1	Officer Director	$0	$0	$0
Steve Simmons	Treasurer	3	Officer Director	$0	$0	$0
Ted Worrell	Secretary	1	Officer Director	$0	$0	$0
Dianna Bautista	Co-Founder of Free Rain and Director of Shear Love	45	Officer Director Key Emp	$0	$0	$0
Kaylie Housewright	Co-Founder of Free Rain and Director of Injustice Response	10	Officer Director Key Emp	$0	$0	$0
Stephanie Henderson	Co-Founder of Free Rain & Administrative and Financial Director	10	Officer Director Key Emp	$0	$0	$0
Fayanna Worrell	Officer	1	Officer Director	$0	$0	$0
Randy Housewright	Officer	1	Officer Director	$0	$0	$0
Stacy Barham	Officer	1	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	$384,048	$234,575	$183,249	$149,473
2023	$219,064	$228,268	$33,776	$-9,204
2022	$189,766	$230,368	$42,980	$-40,602
2021	$199,685	$170,979	$83,582	$28,706
2020	$227,695	$212,357	$54,876	$15,338