FREEDOM BRIDGE TO RECOVERY II INC

EIN: 843255936 501(c)(3) Housing & Shelter

Owensboro, KY

Total Revenue
$201,717
Total Expenses
$194,781
Total Assets
$11,763
Net Assets
$11,763
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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
2021
Legal Domicile
KY
Tax Period
2023-01-01 to 2023-12-31

FREEDOM BRIDGE TO RECOVERY II INC, founded in 2021, is a small nonprofit in the Housing & Shelter sector that reported $202K in total revenue in fiscal year 2023. Expenses of $195K left a modest 3% surplus.

Mission

REHABILITATION ACHIEVEMENT BY PROVIDING SUPPORT AND HOUSING TO RECOVERING ADDICTS TO TRANSITION INTO A NEW LIFE AND LIFESTYLE

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $201,717
Investment Income $0
Other Revenue $0
TOTAL REVENUE $201,717

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $194,781
Other Expenses $194,781
TOTAL EXPENSES $194,781

Year-over-Year Comparison

2023 2022 Change
Revenue $201,717 N/A N/A
Expenses $194,781 N/A N/A
Net Income $6,936 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

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Governance

Voting Members
4
Independent Members
4
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
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chelsea Hare Director 35.00
Director
$0 $0 $0
Harry Pedigo Director 35.00
Director
$0 $0 $0
Donitka Boyett Board Member 1.00
Officer
$0 $0 $0
Ruth Fraser Board Member 1.00
Officer
$0 $0 $0
Lois Edwards Board Member 1.00
Officer
$0 $0 $0
Stephanie Matthews Board Member 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
2023 $201,717 $194,781 $11,763 $6,936
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