FREEDOM IN THE WORLD INC

EIN: 874414051

WEST PALM BEACH, FL

Total Revenue
$76,075
Total Expenses
$76,075
Total Assets
$6,065
Net Assets
$-29,338
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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
2022
Legal Domicile
FL
Principal Officer
AMANDA SCHUMACHER
Phone
5616832667
Tax Period
2024-01-01 to 2024-12-31

FREEDOM IN THE WORLD INC, founded in 2022, is a micro nonprofit that reported $76K in total revenue in fiscal year 2024. Revenue fell 83% from the prior year — a significant decline worth monitoring.

Mission

THE PURPOSE OF THE FREEDOM SOCIETY FOUNDATION IS TO UPHOLD AMERICAN VALUES THAT ARE REPRESENTED IN THE CONSTITUTION OF THE UNITED STATES. THE FOUNDATION SHALL NOT SUPPORT OR OPPOSE ANY POLITICAL PARTY OR CANDIDATE.

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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 $76,075
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $76,075

Expense Breakdown

Grants Paid $75,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $75,000
Other Expenses $1,075
TOTAL EXPENSES $76,075

Year-over-Year Comparison

2024 2023 Change
Revenue $76,075 $437,682 -0.8%
Expenses $76,075 $446,919 -0.8%
Net Income $0 $-9,237 -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

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Governance

Voting Members
1
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMANDA SCHUMACHER PRESIDENT N/A
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
2024 $76,075 $76,075 $6,065 No data
2023 $437,682 $446,919 $7,965 $-9,237
2022 $318,408 $338,508 $9,302 $-20,100
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