FREEDOM RIDE RESCUE

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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

Principal Officer

LARRY HUGHES

Phone

9195460633

Tax Period

2023-01-01 to 2023-12-31

FREEDOM RIDE RESCUE, founded in 2018, is a small nonprofit in the Animal-Related sector that reported $359K in total revenue in fiscal year 2023.

Mission

Program Service Accomplishments

Program 1

Expenses: $386,206 Revenue: $52,833

FREEDOM RIDE RESCUE IS COMMITTED TO SAVING DOGS FROM OVERCROWDED SHELTERS AND PLACING THEM IN LOVING FOSTER HOMES UNTIL THEY FIND THEIR FOREVER FAMILIES. OUR MISSION IS TO CREATE A NO-KILL STATE BY REHABILITATING AND REHOMING DOGS WHILE PROMOTING RESPONSIBLE PET OWNERSHIP THROUGH EDUCATION AND ADVOCACY. THE PROGRAMS OFFERED AT FREEDOM RIDE RESCUE INCLUDE: 1. FOSTER PROGRAM: WE PLACE DOGS IN LOVING FOSTER HOMES UNTIL THEY FIND THEIR FOREVER FAMILIES.2. ADOPTION PROGRAM: WE FACILITATE THE ADOPTION OF DOGS OF ALL AGES, SIZES, AND BREEDS TO ENSURE THEY FIND SUITABLE AND LOVING HOMES.3. REHABILITATION: WE PROVIDE MEDICAL CARE, BEHAVIORAL TRAINING, AND EMOTIONAL SUPPORT TO REHABILITATE DOGS, PREPARING THEM FOR ADOPTION.4. EDUCATION AND ADVOCACY: WE PROMOTE RESPONSIBLE PET OWNERSHIP THROUGH EDUCATION ON SPAYING, NEUTERING, AND GENERAL PET CARE.5. COMMUNITY EVENTS: WE ORGANIZE EVENTS TO RAISE AWARENESS, ENGAGE THE COMMUNITY, AND SUPPORT OUR RESCUE EFFORTS.

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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 $276,373

Program Service Revenue $52,833

Investment Income $0

Other Revenue $29,808

TOTAL REVENUE $359,014

Expense Breakdown

Grants Paid $0

Salaries & Benefits $23,400

Fundraising Expenses $0

Program Expenses $386,206

Other Expenses $367,267

TOTAL EXPENSES $390,667

Year-over-Year Comparison

	2023	2022	Change
Revenue	$359,014	$348,573	+0.0%
Expenses	$390,667	$321,981	+0.2%
Net Income	$-31,653	$26,592	-2.2%

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

Employees

N/A

Volunteers

300

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

$23,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY HUGHES	PRESIDENT	10.00	Officer Director	$0	$0	$0
JULIE PELLICORE	BOARD MEMBER	25.00	Director	$0	$0	$0
MELANIE LOTZKAR	BOARD MEMBER	5.00	Director	$0	$0	$0
MOLLIE DOLL	EXECUTIVE DIRECTOR	35.00	Officer	$23,400	$0	$23,400

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	$359,014	$390,667	$54,535	$-31,653
2022	$348,573	$321,981	$86,188	$26,592
2021	$349,309	$336,515	$59,596	$12,794
2020	$262,113	$234,776	$46,802	$27,337