Foundations of Freedom INC (EIN 871224943) - 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

2020

Legal Domicile

Phone

9042526003

Tax Period

2024-01-01 to 2024-12-31

Foundations of Freedom INC, founded in 2020, is a small nonprofit in the Religion sector that reported $369K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum.

Mission

CONNECTING THOSE STRUGGLING FROM ADDICTION & ALCOHOLISM WITH PURPOSE SELF LOVE AND THE TOOLS TO BUILD A FOUNDATION FOR LONG TERM RECOVERY

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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 $22,664

Program Service Revenue $346,336

Investment Income $0

Other Revenue $0

TOTAL REVENUE $369,000

Expense Breakdown

Grants Paid $20,008

Salaries & Benefits $91,541

Fundraising Expenses $0

Program Expenses $369,000

Other Expenses $234,564

TOTAL EXPENSES $369,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$369,000	$243,541	+0.5%
Expenses	$369,000	$238,109	+0.5%
Net Income	$0	$5,432	-1.0%

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

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

$52,000

Total Directors

Key Employees

$83,416

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas Ferretti	President	45.00	Officer Key Emp Highest	$52,000	$0	$52,000
Natasha Ramdas	Co-Founder	30.00	Key Emp	$29,791	$0	$29,791
Mark Terrell	Program Director	40.00	Key Emp	$1,625	$0	$1,625

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	$369,000	$369,000	$19,260	No data
2023	$243,541	$238,109	$15,905	$5,432

Foundations of Freedom INC