FREEDOM FAITH SERVICES CORPORATION

EIN: 814773011 501(c)(3) Human Services

SILVER SPRING, MD

Total Revenue
$1,200
Total Expenses
$938
Total Assets
N/A
Net Assets
N/A
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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
MD
Phone
2404211748
Tax Period
2019-06-01 to 2020-05-31

FREEDOM FAITH SERVICES CORPORATION, founded in 2016, is a micro nonprofit in the Human Services sector that reported $1K in total revenue in fiscal year 2019. The organization ran a surplus of $262, a strong 22% operating margin.

Mission

ADVOCATING AND PROVIDING SOCIAL AMENITIES SUPPORT TO ABUSED WOMEN FROM WEST AFRICA

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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 (2019)

Revenue Breakdown

Contributions & Grants $1,200
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,200

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $938
Other Expenses $938
TOTAL EXPENSES $938

Year-over-Year Comparison

2019 2018 Change
Revenue $1,200 N/A N/A
Expenses $938 N/A N/A
Net Income $262 N/A 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

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
1

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEMI B OLAMIDE CEO 20.00
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
2020 $1,200 $938 No data $262
2019 $1,140 $600 No data $540
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