JOIN FREEWORLD INC

EIN: 851834696 501(c)(3)

SAN JOSE, CA

Total Revenue
$1,359,392
Total Expenses
$963,590
Total Assets
$956,322
Net Assets
$895,689
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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
2020
Legal Domicile
DE
Principal Officer
JASON WANG
Phone
8134444049
Tax Period
2021-01-01 to 2021-12-31

JOIN FREEWORLD INC, founded in 2020, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2021. Revenue surged 12192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $396K, a strong 29% operating margin.

Mission

TO END GENERATIONAL POVERTY AND RECIDIVISM.

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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 $1,298,308
Program Service Revenue $60,341
Investment Income $98
Other Revenue $645
TOTAL REVENUE $1,359,392

Expense Breakdown

Grants Paid $352,469
Salaries & Benefits $430,893
Fundraising Expenses $48,935
Program Expenses $727,210
Other Expenses $180,228
TOTAL EXPENSES $963,590

Year-over-Year Comparison

2021 2020 Change
Revenue $1,359,392 $11,059 +121.9%
Expenses $963,590 $43,891 +21.0%
Net Income $395,802 $-32,832 -13.1%
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
6
Volunteers
4

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
2
$51,298
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON WANG FOUNDER & CEO 50
Officer
$51,298 $0 $51,298
JASON GREEN BOARD CHAIR 5
Officer Director
$0 $0 $0
ANDY BROMBERG BOARD MEMBER 5
Director
$0 $0 $0
KUMAR GARG BOARD MEMBER 5
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
2021 $1,359,392 $963,590 $956,322 $395,802
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