FREE TO BE MINISTRIES (EIN 824003611) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

FREE TO BE MINISTRIES, founded in 2019, is a small nonprofit in the Human Services sector that reported $262K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

FREE TO BE MINISTRIES EXISTS TO HELP PEOPLE, INDIVIDUALLY AND IN GROUP SETTINGS, TO MOVE BEYOND PATTERNS OF UNHEALTHY BEHAVIORS, EMOTIONAL, MENTAL AND RELATIONAL DISTRESS, AND SPIRITUAL DISCONNECTION TO LIVE AS GOD CREATED THEM AND REDEEMED THEM TO BE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $34,836

Program Service Revenue $226,656

Investment Income $0

Other Revenue $205

TOTAL REVENUE $261,697

Expense Breakdown

Grants Paid $0

Salaries & Benefits $205,023

Fundraising Expenses $30,280

Program Expenses $166,985

Other Expenses $59,527

TOTAL EXPENSES $264,550

Year-over-Year Comparison

	2023	2022	Change
Revenue	$261,697	$206,006	+0.3%
Expenses	$264,550	$199,859	+0.3%
Net Income	$-2,853	$6,147	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$29,077

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEIGH-ANN BRISBIN	EXECUTIVE DIRECTOR	20.00	Officer	$29,077	$0	$29,077
SARAH MIHALIK	PRESIDENT	10.00	Officer	$0	$0	$0
RICHARD SERBIN	VICE PRESIDENT	1.00	Officer	$0	$0	$0
KATY EPLING	SECRETARY	1.00	Officer	$0	$0	$0
LARRY SHETLER	TREASURER	1.00	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
2024	No data	No data	No data	No data
2023	$261,697	$264,550	$40,281	$-2,853
2023	$261,697	$264,550	$40,281	$-2,853
2022	$206,006	$199,859	$43,154	$6,147

FREE TO BE MINISTRIES