FREEDOM IN TRUTH MINISTRIES INTERNATIONAL INC

EIN: 821437338 501(c)(3) Religion

OKLAHOMA CITY, OK

Total Revenue
$76,713
Total Expenses
$79,403
Total Assets
N/A
Net Assets
$-76,779
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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
2018
Legal Domicile
OK
Principal Officer
RICK CARTER
Tax Period
2023-01-01 to 2023-12-31

FREEDOM IN TRUTH MINISTRIES INTERNATIONAL INC, founded in 2018, is a micro nonprofit in the Religion sector that reported $77K in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring.

Mission

MISSION IS TO REHABILITATE, TRAIN AND EMPOWER MEN, WOMEN, AND YOUNG PEOPLE TO LIVE VICTORIOUS CHRISTIAN LIVES, ENABLING THEM TO HAVE PERMANENT FREEDOM

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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 (2023)

Revenue Breakdown

Contributions & Grants $76,713
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $76,713

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $79,403
Other Expenses $79,403
TOTAL EXPENSES $79,403

Year-over-Year Comparison

2023 2022 Change
Revenue $76,713 $231,189 -0.7%
Expenses $79,403 $230,486 -0.7%
Net Income $-2,690 $703 -4.8%
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
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK CARTER JR EXECUTIVE DIRECTOR 002.00
Officer
$0 $0 $0
ETHAN AZWAR TREASURER 002.00
Officer
$0 $0 $0
SARA WHITCOMB SECRETARY 002.00
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
2023 $76,713 $79,403 No data $-2,690
2022 $231,189 $230,486 $6,691 $703
2021 $246,056 $286,656 $3,007 $-40,600
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