THE WAY TO FREEDOM

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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

Principal Officer

HEATH FLOCK

Phone

9722321110

Tax Period

2024-01-01 to 2024-12-31

THE WAY TO FREEDOM, founded in 2022, is a small nonprofit in the Public & Societal Benefit sector that reported $167K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $158K left a modest 5% surplus.

Mission

THE WAY TO FREEDOM IS AN EDUCATION AND ADVOCACY ORGANIZATION DEDICATED TO BRINGING NEW IDEAS AND SOLUTIONS TO ALL CITIZENS WHO FEEL OUR COUNTRY CAN DO BETTER. THROUGH CRITICAL THINKING, COMPASSION, LOVE, HONESTY, AND FAITH, THE WAY TO FREEDOM ENGAGES IN CONVERSATION ON WAYS TO IMPROVE THE ECONOMY, PUBLIC SAFETY, EDUCATION, AND OTHER SOCIAL ISSUES BY STARTING WITH CONCERNS AND IDEAS ON HOW TO IMPROVE IN URBAN AND INTERCITY AREAS.

Program Service Accomplishments

Program 1

Expenses: $150,000

CONDUCTED PUBLIC SPEAKING AT EVENTS TO SPREAD THE ORGANIZATION'S MISSION.

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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 $166,825

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $166,825

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $150,000

Other Expenses $158,382

TOTAL EXPENSES $158,382

Year-over-Year Comparison

	2024	2023	Change
Revenue	$166,825	$240,408	-0.3%
Expenses	$158,382	$228,619	-0.3%
Net Income	$8,443	$11,789	-0.3%

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

N/A

Volunteers

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
DAVID OHRVALL	DIRECTOR	2.00	Director	$0	$0	$0
HEATH FLOCK	DIRECTOR/TREASURER	3.00	Officer Director	$0	$0	$0
STEVE SCHREIBER	DIRECTOR/SECRETARY	1.00	Officer Director	$0	$0	$0
RYAN BINKLEY	PRESIDENT	3.00	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	$166,825	$158,382	$14,633	$8,443
2023	$240,408	$228,619	$6,190	$11,789