FREEDOM RIVER INC (EIN 883542920) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

JEFFREY YEAKEY

Phone

7342310324

Tax Period

2024-01-01 to 2024-12-31

FREEDOM RIVER INC, founded in 2022, is a community nonprofit in the Public & Societal Benefit sector that reported $5.6M in total revenue in fiscal year 2024. Revenue surged 223% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.4M, a strong 96% operating margin.

Mission

FREEDOM RIVER PROVIDES COMPREHENSIVE OUTDOOR RECREATION PROGRAMS THAT ASSIST IN THE RE- ASSIMILATION OF U.S. MILITARY SERVICE MEMBERS, VETERANS, AND THEIR FAMILIES. WE ARE VETERANS HELPING VETERANS BY BUILDING A STRONG COMMUNITY THROUGH OUTDOOR RECREATION WHERE FREEDOM FLOWS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,530,128

Program Service Revenue $0

Investment Income $102,717

Other Revenue $0

TOTAL REVENUE $5,632,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $94,622

Program Expenses $5,500

Other Expenses $251,878

TOTAL EXPENSES $251,878

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,632,845	$1,745,988	+2.2%
Expenses	$251,878	$118,183	+1.1%
Net Income	$5,380,967	$1,627,805	+2.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

100

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
JEFFREY YEAKEY	PRESIDENT	25.00	Officer Director	$0	$0	$0
DAN CHEWNING	TREASURER	1.00	Officer Director	$0	$0	$0
MIKE STAEBLER	SECRETARY	2.00	Officer Director	$0	$0	$0
MIKE HALLER	CHAIRMAN	4.00	Officer Director	$0	$0	$0
BEVERLY CONATSER	VICE CHAIRMAN	4.00	Officer Director	$0	$0	$0
JOANNA HARDESTY	DIRECTOR	5.00	Director	$0	$0	$0
SEAN DUVAL	DIRECTOR	1.00	Director	$0	$0	$0
RON HUGHES	DIRECTOR	1.00	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	$5,632,845	$251,878	$9,261,715	$5,380,967
2023	$1,745,988	$118,183	$3,695,478	$1,627,805
2022	$2,076,451	$8,778	$2,068,075	$2,067,673

FREEDOM RIVER INC