FREEDOM RIDE RESCUE 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

CHERYL MEYER

Tax Period

2023-01-01 to 2023-12-31

FREEDOM RIDE RESCUE INC, founded in 2016, is a small nonprofit in the Animal-Related sector that reported $356K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

ANIMAL PROTECTION AND WELFARE.

Program Service Accomplishments

Program 1

Expenses: $345,990

THE ORGANIZATION RESCUES UNWANTED DOGS AND CATS, OBTAINS NEEDED VETERINARY CARE, AND PROVIDES TEMPORARY FOOD AND HOUSING UNTIL THE RESCUED PETS ARE ADOPTED AND RE-HOMED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $303,486

Program Service Revenue $52,842

Investment Income $4

Other Revenue $0

TOTAL REVENUE $356,332

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $345,990

Other Expenses $347,811

TOTAL EXPENSES $347,811

Year-over-Year Comparison

	2023	2022	Change
Revenue	$356,332	$314,538	+0.1%
Expenses	$347,811	$308,062	+0.1%
Net Income	$8,521	$6,476	+0.3%

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
CHERYL MEYER	President & CEO	0.00	Director	$0	$0	$0
ROBERT ANTONINI	Secretary/CFO	0.00	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
2024	No data	No data	No data	No data
2023	$356,332	$347,811	$109,150	$8,521
2022	$314,538	$308,062	$99,059	$6,476
2020	$288,201	$250,005	$90,947	$38,196
2019	$202,161	$193,303	$63,757	$8,858