Freedom Journey Ministries Inc

EIN: 832120386 501(c)(3)

Vero Beach, FL

Total Revenue
$313,331
Total Expenses
$397,889
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
FL
Principal Officer
Michael Cianci
Phone
7727660920
Tax Period
2021-01-01 to 2021-12-31

Freedom Journey Ministries Inc, founded in 2018, is a small nonprofit that reported $313K in total revenue in fiscal year 2021. Expenses of $398K exceeded revenue, resulting in a 27% operating deficit.

Mission

The purpose of Freedom Journey Ministries is to provide a pathway to long term sobriety and spiritual peace for those who suffer from the effects of drug and alcohol abuse.

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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 (2021)

Revenue Breakdown

Contributions & Grants $92,722
Program Service Revenue $220,609
Investment Income $0
Other Revenue $0
TOTAL REVENUE $313,331

Expense Breakdown

Grants Paid $0
Salaries & Benefits $95,213
Fundraising Expenses $17,965
Program Expenses $183,658
Other Expenses $302,676
TOTAL EXPENSES $397,889

Year-over-Year Comparison

2021 2020 Change
Revenue $313,331 $321,680 0.0%
Expenses $397,889 $252,478 +0.6%
Net Income $-84,558 $69,202 -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

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Governance

Voting Members
3
Independent Members
3
Employees
6
Volunteers
3

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
1
$750
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mike Cianci President 40.00
Officer
$750 $0 $750
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
2021 $313,331 $397,889 No data $-84,558
2020 $321,680 $252,478 No data $69,202
2019 $261,990 $246,340 No data $15,650
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