FREEDOM SOCIALISTS (EIN 863445122) - 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

2021

Legal Domicile

Principal Officer

Douglas K Barnes

Phone

2069854621

Tax Period

2024-01-01 to 2024-12-31

FREEDOM SOCIALISTS, founded in 2021, is a small nonprofit in the Civil Rights & Advocacy sector that reported $267K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $116K, a strong 43% operating margin.

Mission

To educate the public about socialist feminism and to advance social justice, women's equality and workers' rights.

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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 (2024)

Revenue Breakdown

Contributions & Grants $169,604

Program Service Revenue $5,737

Investment Income $26,008

Other Revenue $65,741

TOTAL REVENUE $267,090

Expense Breakdown

Grants Paid $528

Salaries & Benefits $81,700

Fundraising Expenses $0

Program Expenses $119,814

Other Expenses $68,961

TOTAL EXPENSES $151,189

Year-over-Year Comparison

	2024	2023	Change
Revenue	$267,090	$531,098	-0.5%
Expenses	$151,189	$235,523	-0.4%
Net Income	$115,901	$295,575	-0.6%

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

Employees

Volunteers

135

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Douglas K Barnes	President	3	Officer Director	$0	$0	$0
Steve Hoffman	Vice-President	2	Officer Director	$0	$0	$0
Andrea Bauer	Director	2	Officer Director	$0	$0	$0
Helen Gilbert	Director	4	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
2024	$267,090	$151,189	$782,481	$115,901
2023	$531,098	$235,523	$666,581	$295,575
2022	$266,416	$241,591	$371,006	$24,825
2021	$458,902	$112,721	$346,181	$346,181

FREEDOM SOCIALISTS