Freed From Within Inc

Freed From Within Inc shows strong asset growth and no executive compensation over the past decade.

EIN: 141875191 · Corydon, IN · NTEE: I40 · Updated: 2026-03-28

$263KRevenue

$876KAssets

90/100Mission Score (Excellent)

I40

About Freed From Within Inc

Freed From Within Inc (EIN: 141875191) is a nonprofit organization based in Corydon, IN, classified under NTEE code I40. The organization reported total revenue of $263K and total assets of $876K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freed From Within Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Freed From Within Inc demonstrates consistent financial growth and strong asset accumulation over the past decade. The organization's revenue has fluctuated, but generally trended upwards, reaching $175,359 in 2023 and $228,594 in 2022. Notably, their assets have grown significantly from $25,057 in 2014 to $749,564 in 2023, indicating effective financial management and potentially successful fundraising efforts. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission rather than executive salaries.

Spending efficiency appears robust, with expenses generally well below revenue, allowing for asset growth. For example, in 2023, expenses were $112,673 against revenues of $175,359. The absence of reported officer compensation suggests a high proportion of funds are likely allocated to program services and operational costs. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency.

Overall, Freed From Within Inc appears to be a financially healthy organization with a strong trajectory of asset growth and a clear commitment to volunteer leadership. The lack of executive compensation is a significant positive for transparency and efficiency. Further detailed expense breakdowns would enhance the understanding of their program spending ratio.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Freed From Within Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Freed From Within Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis, which is highly commendable for a nonprofit of its size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Freed From Within Inc:

Consistent asset growth, from $25,057 in 2014 to $749,564 in 2023.
0% officer compensation reported across all 13 filings, indicating volunteer leadership.
Expenses consistently lower than revenue, allowing for financial stability and growth.
Consistent IRS 990 filing history (13 filings) demonstrates transparency and compliance.

Frequently Asked Questions about Freed From Within Inc

Is Freed From Within Inc a good charity?

Based on the available financial data, Freed From Within Inc appears to be a good charity. They demonstrate strong financial health, consistent asset growth, and a notable commitment to volunteer leadership with 0% officer compensation reported across all filings.

How has Freed From Within Inc's financial health changed over time?

Freed From Within Inc has shown significant financial growth. Their assets have increased from $25,057 in 2014 to $749,564 in 2023, and revenue has generally trended upwards, indicating a healthy and growing organization.

What is Freed From Within Inc's approach to executive compensation?

Freed From Within Inc has a highly commendable approach to executive compensation, reporting 0% officer compensation in all available filings. This suggests that their leadership is entirely volunteer-based, directing more funds to their mission.

Filing History

IRS 990 filing history for Freed From Within Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Freed From Within Inc's revenue has grown by 375%, moving from $37K to $175K. Total assets increased by 3528.1% over the same period, from $21K to $750K. Total functional expenses rose by 214.7%, from $36K to $113K. In its most recent filing year (2023), Freed From Within Inc reported a surplus of $63K, with revenue exceeding expenses. The organization holds $71K in liabilities against $750K in assets (debt-to-asset ratio: 9.5%), resulting in net assets of $678K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$175K	$113K	$750K	$71K	—	View 990
2022	$229K	$91K	$690K	$74K	—	View 990
2021	$143K	$92K	$558K	$81K	—	View 990
2020	$185K	$134K	$300K	$0	—	View 990
2019	$332K	$130K	$227K	$0	—	View 990
2018	$83K	$92K	$51K	$0	—	View 990
2017	$77K	$88K	$34K	$0	—	View 990
2016	$89K	$83K	$50K	$0	—	View 990
2015	$80K	$61K	$44K	$0	—	View 990
2014	$53K	$55K	$25K	$0	—	View 990
2013	$69K	$65K	$27K	$0	—	View 990
2012	$45K	$43K	$23K	$0	—	View 990
2011	$37K	$36K	$21K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $175K, expenses of $113K, and assets of $750K (revenue -23.3% year-over-year).
2022: Revenue of $229K, expenses of $91K, and assets of $690K (revenue +59.9% year-over-year).
2021: Revenue of $143K, expenses of $92K, and assets of $558K (revenue -22.9% year-over-year).
2020: Revenue of $185K, expenses of $134K, and assets of $300K (revenue -44.2% year-over-year).
2019: Revenue of $332K, expenses of $130K, and assets of $227K (revenue +297.6% year-over-year).
2018: Revenue of $83K, expenses of $92K, and assets of $51K (revenue +7.8% year-over-year).
2017: Revenue of $77K, expenses of $88K, and assets of $34K (revenue -12.7% year-over-year).
2016: Revenue of $89K, expenses of $83K, and assets of $50K (revenue +11.5% year-over-year).
2015: Revenue of $80K, expenses of $61K, and assets of $44K (revenue +49.7% year-over-year).
2014: Revenue of $53K, expenses of $55K, and assets of $25K (revenue -23.3% year-over-year).
2013: Revenue of $69K, expenses of $65K, and assets of $27K (revenue +53.8% year-over-year).
2012: Revenue of $45K, expenses of $43K, and assets of $23K (revenue +22.1% year-over-year).
2011: Revenue of $37K, expenses of $36K, and assets of $21K.

Data Sources and Methodology

This transparency report for Freed From Within Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.