Free Store Ministry Inc (EIN 900116680) - 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

2003

Legal Domicile

Principal Officer

AMBER L MEREDITH

Phone

4176642290

Tax Period

2023-01-01 to 2023-12-31

Free Store Ministry Inc, founded in 2003, is a small nonprofit in the Human Services sector that reported $694K in total revenue in fiscal year 2023.

Mission

Share Jesus Christ through Gods provision meet educationalphysical and spiritual needs through programs based on Christian principles

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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 (2023)

Revenue Breakdown

Contributions & Grants $693,923

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $693,923

Expense Breakdown

Grants Paid $616,740

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $674,533

Other Expenses $57,793

TOTAL EXPENSES $674,533

Year-over-Year Comparison

	2023	2022	Change
Revenue	$693,923	N/A	N/A
Expenses	$674,533	N/A	N/A
Net Income	$19,390	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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDY MEREDITH	President	20.00	Officer	$0	$0	$0
KELLY HENDRIX	Vice President	5.000	Officer	$0	$0	$0
AMBER MEREDITH	SecretaryTreasurer	60.00	Officer	$0	$0	$0
BRITTANY CARRELL	Director	40.00	Director	$0	$0	$0
DEANNA BOSHE	Director	25.00	Director	$0	$0	$0
SHANNON GRAHAM	Director	5.000	Director	$0	$0	$0
SUSAN SCHNEIDER	Director	20.00	Director	$0	$0	$0
ANGIE TWENTER	Director	10.00	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	No data	No data	No data	No data
2023	$693,923	$674,533	$735,015	$19,390
2022	$628,220	$650,842	$712,991	$-22,622
2021	$752,506	$657,796	$743,379	$94,710
2021	$752,506	$657,796	$729,563	$94,710
2020	$544,638	$513,814	$634,127	$30,824

Free Store Ministry Inc