Brooklyn Park, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FREEDOM THRU FAITH MINISTRIES INC, founded in 2017, is a small nonprofit in the Housing & Shelter sector that reported $180K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $170K left a modest 5% surplus.
Freedom thru Faith Ministries provides affordable, safe, home like environments for men who have completed primary residential treatment for drug or alcohol addiction. One of the most critical aspects of recovery is that you change your environment; the people you know, the places you go, and the things you do. We help to provide that new environment. A short 30, 60, or 90 day stay in a treatment facility is not enough. The national average rate of relapse for men after completing primary treatment is 80% - 90%. Without adequate time to practice what they learn in treatment, men can easily fall back into old habits and thinking. And soon after they will return to the people, places, and things that they know so well. We have established a network of Faith-Based and 12 Step recovery programs to assist in designing a recovery plan that works best to meet the needs of each individual.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $179,956 | $212,253 | -0.2% |
| Expenses | $170,132 | $212,940 | -0.2% |
| Net Income | $9,824 | $-687 | -15.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ryan Thayer | Secretary | 20 |
Officer
Key Emp
Highest
|
$28,165 | $0 | $28,165 |
| Jim Rowell | Director | 0 |
Director
|
$0 | $0 | $0 |
| Megan Thayer | Director | 0 |
Director
|
$0 | $0 | $0 |
| Brandon Folson | Director | 0 |
Director
|
$0 | $0 | $0 |
| Nate Williams | President | 30 |
Officer
Key Emp
|
$0 | $0 | $0 |
| Jacqueline Williams | Vice President | 1 |
Officer
|
$0 | $0 | $0 |
| Domonique Williams | Treasurer | 1 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $179,956 | $170,132 | $89,319 | $9,824 |
| 2023 | $212,253 | $212,940 | $90,006 | $-687 |
| 2022 | $189,108 | $177,501 | $90,693 | $11,607 |
| 2021 | $172,898 | $154,379 | $62,634 | $18,519 |
| 2020 | $255,345 | $256,861 | $44,115 | $-1,516 |
| 2019 | $221,976 | $207,574 | $20,631 | $14,402 |
Compare FREEDOM THRU FAITH MINISTRIES INC with other nonprofits in Minnesota and across the country.