Quick charity verification for Freedom That Lasts Ministries (EIN: 204462769)
Verdict: Freedom That Lasts Ministries shows mixed signals
55/100Mission Score
$280KRevenue
$138KAssets
3Red Flags
2Strengths
Red Flags
Consistent and significant operating deficits (expenses far exceeding revenue) in 2022 and 2023.
Substantial decline in total assets from $408,712 in 2022 to $137,520 currently, indicating asset depletion.
Dramatic revenue volatility, with a sharp drop from $305,215 in 2021 to $14,081 in 2022.
Strengths
No reported officer compensation across all three filings, indicating a commitment to minimizing administrative overhead in this area.
Low liabilities reported in recent periods, suggesting minimal debt burden.
Spending Breakdown
How Freedom That Lasts Ministries allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Freedom That Lasts Ministries
Is Freedom That Lasts Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Freedom That Lasts Ministries (EIN: 204462769) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
Is Freedom That Lasts Ministries a good charity to donate to?
Freedom That Lasts Ministries has a Mission Score of 55/100. Revenue: $280K. Assets: $138K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Freedom That Lasts Ministries?
The Employer Identification Number (EIN) for Freedom That Lasts Ministries is 204462769. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Freedom That Lasts Ministries spend its money?
Freedom That Lasts Ministries allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Freedom That Lasts Ministries's tax-exempt status?
You can verify Freedom That Lasts Ministries's tax-exempt status using EIN 204462769 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Freedom That Lasts Ministries exhibits significant financial volatility and appears to be in a challenging financial position. While the organization reported $279,515 in latest revenue, its recent filings show a concerning trend of expenses far exceeding revenue. In 2023, expenses were $244,961 against only $47,731 in revenue, and in 2022, expenses were $206,490 against $14,081 in revenue. This indicates a reliance on prior period assets or other funding sources that are not sustainable long-term. The organization's assets have also declined significantly from $408,712 in 2022 to $137,520 currently, suggesting it is drawing down its reserves to cover operational costs. The lack of reported officer compensation across all filings is a positive sign for donor confidence regarding executive pay, but the overall financial health requires close monitoring.