Civic Intelligence

Freedom Train Inc DBA Faith & Freedom Ministries

990EZ • Fiscal year 2014 • EIN 27-2034221

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 15, 2015

Organization ProfileN/A
PO Box 4565Covington, LA 70434

(985) 630-1186

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

3.90x

Higher debt load relative to assets than 98% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

0.17x

Higher debt load relative to revenue than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

25th percentile

-8.3%

Higher net margin than 25% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

97th percentile

$76,501

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 44.9% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

11th percentile

-39%

Faster asset growth than 11% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

73rd percentile

22%

Faster revenue growth than 73% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$7,592

Down $4,911 (-39%) from 2013

Net Assets

Down

-$22,040

Down $14,100 (-178%) from 2013

Liabilities

Up

$29,632

Up $9,189 (+45%) from 2013

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin25th percentile

Revenue

Up

$170,548

Up $30,498 (+22%) from 2013

Expenses

Up

$184,648

Up $38,261 (+26%) from 2013

Net Income

Down

-$14,100

Down $7,763 (-123%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0-$20K-$40KAssets 2012: $5,034Liabilities 2012: $6,637Net Assets 2012: -$1,6032012Assets 2013: $12,503Liabilities 2013: $20,443Net Assets 2013: -$7,9402013Assets 2014: $7,592Liabilities 2014: $29,632Net Assets 2014: -$22,0402014Assets 2015: $8,512Liabilities 2015: $22,826Net Assets 2015: -$14,3142015Assets 2017: $28,320Liabilities 2017: $42,758Net Assets 2017: -$14,4382017Assets 2019: $27,877Liabilities 2019: $46,485Net Assets 2019: -$18,6082019Assets 2021: $32,059Liabilities 2021: $21,459Net Assets 2021: $10,6002021Assets 2022: $38,736Liabilities 2022: $15,019Net Assets 2022: $23,7172022Assets 2024: $13,010Liabilities 2024: $9,689Net Assets 2024: $3,3212024

Highlighted filing

2014

Assets$7,592
Liabilities$29,632
Net Assets-$22,040
Open 2014 Filing

Operations Trend

Revenue Growth73rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2012: $122,304Expenses 2012: $125,261Net Income 2012: -$2,9572012Revenue 2013: $140,050Expenses 2013: $146,387Net Income 2013: -$6,3372013Revenue 2014: $170,548Expenses 2014: $184,648Net Income 2014: -$14,1002014Revenue 2015: $211,944Expenses 2015: $204,218Net Income 2015: $7,7262015Revenue 2017: $223,962Expenses 2017: $215,897Net Income 2017: $8,0652017Revenue 2019: $248,857Expenses 2019: $235,755Net Income 2019: $13,1022019Revenue 2021: $190,248Expenses 2021: $185,493Net Income 2021: $4,7552021Revenue 2022: $242,372Expenses 2022: $229,255Net Income 2022: $13,1172022Revenue 2024: $204,941Expenses 2024: $208,581Net Income 2024: -$3,6402024

Highlighted filing

2014

Revenue$170,548
Expenses$184,648
Net Income-$14,100
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 15, 2015
Return Version
2014v5.0
Gross Receipts
$170,548
Mission and Program Overview

Mission

Faith and freedom ministries serves to provide transformational biblical teaching for the purpose of calling forth christians to embrace their identity in christ and thus walk in lives of service, accomplishing in love and confidence those works of service which christ has pre-ordained for them.

Program Services

DescriptionGrantsExpenses
FAITH AND FREEDOM MINISTRIES SERVES TO PROVIDE TRANSFORMATIONAL BIBLICAL TEACHING FOR THE PURPOSE OF CALLING FORTH CHRISTIANS TO EMBRACE THEIR IDENTITY IN CHRIST AND THUS WALK IN LIVES OF SERVICE, ACCOMPLISHING IN LOVE AND CONFIDENCE THOSE WORKS OF SERVICE WHICH CHRIST HAS PRE-ORDAINED FOR THEM.$160,059-
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID DIAMONDChairman-$76,501-$76,501
THOMAS KEIFFER SRVice Chairman-$0--
SANDIP CHAUHANSecretary/Treas-$0--
Filing and Contact Details

Filer

Filer Name
Freedom Train Inc
EIN
27-2034221
Phone
9856301186
Address
PO BOX 4565, COVINGTON, LA 70434

Signing Officer

Name
David Diamond
Title
Chairman
Signed
2015-04-15
Discuss with paid preparer
Yes

Preparer

Firm
Steven R Johnson Ea
Address
1127 N CAUSEWAY BLVD STE B, MANDEVILLE, LA 70471-3208
Preparer
Steven J Johnson CPA
Phone
9856743232
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $5846”

Other Expenses.1005

“Travel $11050”

Other Expenses.1008

“Interest $386”

Other Expenses.1

“Ministry donations $30455”

Other Expenses.2

“MISSIONS TRIPS $28173”

Other Expenses.3

“Ministry, discipiling, outreac $12666”

Other Expenses.4

“TELEPHONE $4973”

Other Expenses.5

“Fundraising/ministry promotion $4676”

Other Expenses.6

“PENALITIES $1237”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $20443 Accounts Payable and Accrued Expenses - Ending $29632”

Raw XML Appendix157 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0170548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0148017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0122199
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0623406
IRS990ScheduleA/TotalSupportAmt0623406
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $5846
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $11050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest $386
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MINISTRY DONATIONS $30455
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MISSIONS TRIPS $28173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MINISTRY, DISCIPILING, OUTREAC $12666
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TELEPHONE $4973
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FUNDRAISING/MINISTRY PROMOTION $4676
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PENALITIES $1237
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Payable and Accrued Expenses - Beginning $20443 Accounts Payable and Accrued Expenses - Ending $29632
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
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ReturnHeader/BuildTS02016-03-07 17:11:31Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID DIAMOND
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ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREEDOM TRAIN INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA FAITH & FREEDOM MINISTRIES
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0272034221
ReturnHeader/Filer/PhoneNum09856301186
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 4565
ReturnHeader/Filer/USAddress/CityNm0COVINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070434
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MANDEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0704713208
ReturnHeader/PreparerPersonGrp/PhoneNum09856743232
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven J Johnson CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-04-15T13:26:37-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,592
Liabilities
$29,632
Net assets
-$22,040
Revenue
$170,548
Expenses
$184,648
Net income
-$14,100
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.10$0.03$2.05$2.09$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.15$0.24$2.42$2.29$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.21$0.11$1.90$1.85$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.46$0.19$2.49$2.36$0.13
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.43$0.14$2.24$2.16$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.23$0.14$2.12$2.04$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.30$0.22$1.71$1.85$0.14
2013Detailed filing. Detailed filing data is available for this year.$0.13$0.20$0.08$1.40$1.46$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.07$0.02$1.22$1.25$0.03