Independence and Freedom Network (EIN 821153081) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Tax Period

2020-01-01 to 2020-12-31

Independence and Freedom Network is a community nonprofit that reported $2.9M in total revenue in fiscal year 2018. Expenses of $2.8M left a modest 4% surplus.

Mission

Independence and Freedom Network was founded to promote solutions to pressing public policy problems related to individual liberty and the expansion of personal freedom.

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Trantor Score

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

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

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $522,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $522,000

Expense Breakdown

Grants Paid $299,767

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $578,893

Other Expenses $281,271

TOTAL EXPENSES $581,038

Year-over-Year Comparison

	2020	2019	Change
Revenue	$522,000	$45,420	+10.5%
Expenses	$581,038	$100,308	+4.8%
Net Income	$-59,038	$-54,888	+0.1%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ray McVeigh	Director	2.00	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	$522,000	$581,038	No data	$-59,038
2019	$45,420	$100,308	$59,037	$-54,888
2018	$2,936,702	$2,822,777	$113,925	$113,925

Independence and Freedom Network