FOREVER FREEDOM REINS EQUINE RESCUE CORP

EIN: 832712945 501(c)(3) Philanthropy & Grantmaking

SPRING, TX

Total Revenue
$328,574
Total Expenses
$343,800
Total Assets
$-15,226
Net Assets
$-15,226
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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
2019
Legal Domicile
TX
Phone
2812173626
Tax Period
2022-01-01 to 2022-12-31

FOREVER FREEDOM REINS EQUINE RESCUE CORP, founded in 2019, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $329K in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

To rescue rehabilitate and adopt out and or offer sanctuary to neglected equines.

Program Service Accomplishments

Program 1
Expenses: $343,800 Revenue: $328,574

Rescuing rehabilitating and adopting out and or offering sanctuary to neglected unwanted equines.

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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 (2022)

Revenue Breakdown

Contributions & Grants $328,574
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $328,574

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,624
Fundraising Expenses $0
Program Expenses $343,800
Other Expenses $323,176
TOTAL EXPENSES $343,800

Year-over-Year Comparison

2022 2021 Change
Revenue $328,574 $292,073 +0.1%
Expenses $343,800 $292,073 +0.2%
Net Income $-15,226 $0 N/A
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
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
4
$20,624
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christina Hays President 40.00
Officer
$20,624 $0 $20,624
Christina Hays Director 40.00
Officer
$0 $0 $0
Makenzie Stroman Secretary 0.00
Officer
$0 $0 $0
Leah Yanni Director 3.00
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
2022 $328,574 $343,800 $-15,226 $-15,226
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