Freedom Source Inc
Birmingham, Alabama
A-Health Score
75A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$1.6M
Total Revenue
📊
$1.2M
Total Expenses
🏦
$822K
Net Assets
📋
$183K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+24.3%
Year-over-year change (2022 → 2023)
Net Margin
+22.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.66
Net assets divided by total expenses
Liabilities-to-Assets
18.2%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,603,332↑24% | $1,245,327↑9% | $1,005,311↑88% | — |
| 2022 | $1,289,618↑15% | $1,139,160↑29% | $535,842↑37% | — |
| 2021 | $1,116,717↑103% | $883,704↑70% | $391,588↑185% | — |
| 2020 | $550,871↑31% | $520,784↑1% | $137,486↑102% | — |
| 2019 | $421,199↓34% | $514,009↓4% | $68,141↓54% | — |
| 2018 | $634,649↑38% | $537,873↑17% | $148,254↑204% | — |
| 2017 | $461,447↑20% | $460,898↑24% | $48,771↑1% | — |
| 2016 | $383,610↑2% | $371,760↓7% | $48,186↑32% | — |
| 2015 | $377,386↓2% | $401,321↑18% | $36,590↓40% | — |
| 2014 | $383,864↑251% | $338,725↑119% | $61,422↑306% | — |
| 2013 | $109,376↓54% | $154,891↓21% | $15,134↓75% | — |
| 2012 | $238,132↑25% | $196,427↑4% | $60,890↑221% | — |
| 2011 | $190,945 | $188,204 | $18,980 | — |
| 2011 | $190,945 | $188,204 | $18,980 | — |
Frequently Asked Questions
What does Freedom Source Inc do?▼
Freedom Source Inc is a mental health & crisis intervention nonprofit organization based in Alabama. It is classified under NTEE code F12 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Freedom Source Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Freedom Source Inc.
How much revenue does Freedom Source Inc generate?▼
Freedom Source Inc reports $1.5M in annual revenue and holds $1.2M in total assets, based on IRS filings.
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