FREE ALAS

EIN: 842544330 501(c)(3) Education

New Orleans, LA

Total Revenue
$855,337
Total Expenses
$483,311
Total Assets
$1,595,593
Net Assets
$1,579,593
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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
LA
Principal Officer
Lisa Maria Rhodes
Phone
3365757003
Tax Period
2024-07-01 to 2025-06-30

FREE ALAS, founded in 2019, is a small nonprofit in the Education sector that reported $855K in total revenue in fiscal year 2024. Revenue surged 214% from the prior year, signaling strong growth momentum. The organization ran a surplus of $372K, a strong 43% operating margin.

Mission

ALAS equips youth and advocates to eliminate barriers to education, career and freedom with and for youth affected by criminal legal and/or immigration courts.

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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 (2024)

Revenue Breakdown

Contributions & Grants $820,214
Program Service Revenue $25,223
Investment Income $0
Other Revenue $9,900
TOTAL REVENUE $855,337

Expense Breakdown

Grants Paid $0
Salaries & Benefits $303,880
Fundraising Expenses $14,707
Program Expenses $327,072
Other Expenses $179,431
TOTAL EXPENSES $483,311

Year-over-Year Comparison

2024 2023 Change
Revenue $855,337 $272,045 +2.1%
Expenses $483,311 $514,694 -0.1%
Net Income $372,026 $-242,649 -2.5%
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
4
Independent Members
3
Employees
8
Volunteers
2

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
$0
Total Directors
4
$0
Key Employees
1
$89,775
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Maria Rhodes Executive Director 50
Key Emp
$89,775 $0 $89,775
William Snowden Board Chair 1.00
Officer Director
$0 $0 $0
Kwamena Aidoo Board Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Daimont Staples Executive Vice President 1.00
Officer Director
$0 $0 $0
Yasmin Falcon Vice President 1.00
Officer Director
$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
2025 $855,337 $483,311 $1,595,593 $372,026
2024 $272,045 $514,694 $1,232,854 $-242,649
2023 $1,215,761 $276,893 $1,477,728 $938,868
2022 $627,444 $196,372 $465,317 $431,072
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