FREE CENTER INCORPORATED (EIN 841783149) - Form 990 Financial Analysis & Trantor Score

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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

Tax Period

2021-01-01 to 2021-12-31

FREE CENTER INCORPORATED, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $620K in total revenue in fiscal year 2021. The organization ran a surplus of $176K, a strong 28% operating margin.

Mission

Our mission is to provide access to space information and quality programs for those in our community. We stand at the intersection of art culture and organizing and we act as a vehicle for elevating the intentions and actions of our residents. Through community-led and community-oriented gatherings events and workshops we envision growth and a sense of deep belonging for our neighbors that grows out of meaningful engagement in our community. We imagine an ever-growing pride in the resilient and diverse cultures that define the cities we love.

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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 (2021)

Revenue Breakdown

Contributions & Grants $37,300

Program Service Revenue $583,058

Investment Income $0

Other Revenue $0

TOTAL REVENUE $620,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $338,365

Other Expenses $444,663

TOTAL EXPENSES $444,663

Year-over-Year Comparison

	2021	2020	Change
Revenue	$620,358	N/A	N/A
Expenses	$444,663	N/A	N/A
Net Income	$175,695	N/A	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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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

$26,821

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kamora Herrington	Board Chair	4.00	Director	$0	$0	$0
Anya Shatilova	Board Secretary	3.00	Director	$0	$0	$0
Jackie Jeske	Treasurer	3.00	Director	$0	$0	$0
Jamal Eric Henry	Board Member	2.00	Director	$0	$0	$0
Richard Hollant	Executive Director	40.00	Officer	$0	$0	$0
Kerry Kincy	Director Middletown	40.00	Officer	$26,821	$0	$26,821

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	$620,358	$444,663	$176,832	$175,695

FREE CENTER INCORPORATED