TRUE FREEDOM MINISTRIES

EIN: 880543175 501(c)(3) Religion

SLOCOMB, AL

Total Revenue
$298,856
Total Expenses
$252,774
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
AL
Principal Officer
ANTHONY WOOD
Phone
3342585489
Tax Period
2023-01-01 to 2023-12-31

TRUE FREEDOM MINISTRIES, founded in 2022, is a small nonprofit in the Religion sector that reported $299K in total revenue in fiscal year 2023. The organization ran a surplus of $46K, a strong 15% operating margin.

Mission

TO HELP PEOPLE RECOVER FROM ADDICTION BY PLACING THEIR ENTIRE FAITH AND TRUST IN JESUS CHRIST

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $298,856
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $298,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $231,484
Other Expenses $252,774
TOTAL EXPENSES $252,774

Year-over-Year Comparison

2023 2022 Change
Revenue $298,856 N/A N/A
Expenses $252,774 N/A N/A
Net Income $46,082 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
3
Independent Members
3
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
0
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TONY WOOD PRESIDENT N/A
Officer
$0 $0 $0
REV KEENER BATCHELOR VICE CHAIRMAN N/A
Officer
$0 $0 $0
LYNN WOOD SEC/TREASURER N/A
Officer
$0 $0 $0
JEFFERY BATCHELOR ASSISTANT DIRECTOR N/A
Key Emp
$0 $0 $0
TIFFANY JONES RESIDENT RELATIONS COORDINATOR N/A
Key Emp
$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 $298,856 $252,774 No data $46,082
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