Civic Intelligence

Freedom Rain Inc

EIN 72-1344856 • 501(c)3 • Birmingham, AL

Profile

The lovelady center is a non-denominational faith-based organization whose purpose is to help women build a strong and positive foundation in christ. The goal of the center is to help women overcome addiction and tragedy and return to the community as esteemed women of god.

7916 2nd Avenue SouthBirmingham, AL 35206

www.loveladycenter.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

50th percentile

0.18x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

0.09x

Higher debt load relative to revenue than 30% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

83rd percentile

35%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

98th percentile

159%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

72%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$9,891,175

Up $6,067,146 (+159%) from 2023

Liabilities

Down

$1,779,536

Down $518,474 (-23%) from 2023

Net Assets

Up

$8,111,639

Up $6,585,620 (+432%) from 2023

Revenue

Up

$18,892,700

Up $7,914,061 (+72%) from 2023

Expenses

Up

$12,307,080

Up $1,769,594 (+17%) from 2023

Net Income

Up

$6,585,620

Up $6,144,467 (+1393%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2010: $1,443,655Liabilities 2010: $3,190,212Net Assets 2010: -$1,746,5572010Assets 2011: $5,048,586Liabilities 2011: $3,275,403Net Assets 2011: $1,773,1832011Assets 2012: $4,948,368Liabilities 2012: $3,705,611Net Assets 2012: $1,242,7572012Assets 2013: $8,445,221Liabilities 2013: $7,370,642Net Assets 2013: $1,074,5792013Assets 2014: $5,335,380Liabilities 2014: $3,409,706Net Assets 2014: $1,925,6742014Assets 2015: $5,123,821Liabilities 2015: $3,052,184Net Assets 2015: $2,071,6372015Assets 2016: $5,646,589Liabilities 2016: $4,042,234Net Assets 2016: $1,604,3552016Assets 2017: $5,438,178Liabilities 2017: $4,354,995Net Assets 2017: $1,083,1832017Assets 2018: $5,244,580Liabilities 2018: $5,320,927Net Assets 2018: -$76,3472018Assets 2019: $5,411,331Liabilities 2019: $6,498,275Net Assets 2019: -$1,086,9442019Assets 2020: $4,022,289Liabilities 2020: $5,192,788Net Assets 2020: -$1,170,4992020Assets 2021: $1,488,299Liabilities 2021: $2,390,251Net Assets 2021: -$901,9522021Assets 2022: $2,394,899Liabilities 2022: $1,290,614Net Assets 2022: $1,104,2852022Assets 2023: $3,824,029Liabilities 2023: $2,298,010Net Assets 2023: $1,526,0192023Assets 2024: $9,891,175Liabilities 2024: $1,779,536Net Assets 2024: $8,111,6392024

Highlighted filing

2024

Assets$9,891,175
Liabilities$1,779,536
Net Assets$8,111,639

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MExpenses 2010: $4,211,3982010Expenses 2011: $4,049,7122011Revenue 2012: $5,246,484Expenses 2012: $5,811,176Net Income 2012: -$564,6922012Revenue 2013: $5,549,840Expenses 2013: $5,489,154Net Income 2013: $60,6862013Revenue 2014: $5,034,287Expenses 2014: $5,039,627Net Income 2014: -$5,3402014Revenue 2015: $5,467,641Expenses 2015: $5,321,678Net Income 2015: $145,9632015Revenue 2016: $5,889,420Expenses 2016: $6,356,702Net Income 2016: -$467,2822016Revenue 2017: $6,878,069Expenses 2017: $7,399,241Net Income 2017: -$521,1722017Revenue 2018: $7,246,341Expenses 2018: $8,518,755Net Income 2018: -$1,272,4142018Revenue 2019: $6,437,707Expenses 2019: $7,448,304Net Income 2019: -$1,010,5972019Revenue 2020: $8,263,908Expenses 2020: $7,161,419Net Income 2020: $1,102,4892020Revenue 2021: $8,388,398Expenses 2021: $8,073,262Net Income 2021: $315,1362021Revenue 2022: $11,105,556Expenses 2022: $9,494,317Net Income 2022: $1,611,2392022Revenue 2023: $10,978,639Expenses 2023: $10,537,486Net Income 2023: $441,1532023Revenue 2024: $18,892,700Expenses 2024: $12,307,080Net Income 2024: $6,585,6202024

Highlighted filing

2024

Revenue$18,892,700
Expenses$12,307,080
Net Income$6,585,620

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.89$1.78$8.11$18.9$12.3$6.59
2023Detailed filing. Detailed filing data is available for this year.$3.82$2.30$1.53$11.0$10.5$0.44
2022Detailed filing. Detailed filing data is available for this year.$2.39$1.29$1.10$11.1$9.49$1.61
2021Detailed filing. Detailed filing data is available for this year.$1.49$2.39$0.90$8.39$8.07$0.32
2020Detailed filing. Detailed filing data is available for this year.$4.02$5.19$1.17$8.26$7.16$1.10
2019Detailed filing. Detailed filing data is available for this year.$5.41$6.50$1.09$6.44$7.45$1.01
2018Detailed filing. Detailed filing data is available for this year.$5.24$5.32$0.08$7.25$8.52$1.27
2017Detailed filing. Detailed filing data is available for this year.$5.44$4.35$1.08$6.88$7.40$0.52
2016Summary only. Only limited summary data is available for this year.$5.65$4.04$1.60$5.89$6.36$0.47
2015Detailed filing. Detailed filing data is available for this year.$5.12$3.05$2.07$5.47$5.32$0.15
2014Detailed filing. Detailed filing data is available for this year.$5.34$3.41$1.93$5.03$5.04$0.01
2013Summary only. Only limited summary data is available for this year.$8.45$7.37$1.07$5.55$5.49$0.06
2012Summary only. Only limited summary data is available for this year.$4.95$3.71$1.24$5.25$5.81$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.05$3.28$1.77$4.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$3.19$1.75$4.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.2
Gross Receipts
$18,961,730
Mission and Program Overview

Mission

The lovelady center is a non-denominational faith-based organization whose purpose is to help women build a strong and positive foundation in christ. The goal of the center is to help women overcome addiction and tragedy and return to the community as esteemed women of god.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,030,582$4,783,908▲ $2,753,326
Cash and Non-Interest-Bearing Accounts$95,865$2,893,651▲ $2,797,786
Savings and Temporary Cash Investments$120,290$1,302,184▲ $1,181,894
Intangible Assets$997,155$577,237▼ $419,918
Other Notes and Loans Receivable, Net$100,000$200,000▲ $100,000
Pledges and Grants Receivable$363,717$29,175▼ $334,542
Prepaid Expenses and Deferred Charges$300$300→ $0
Total Assets$3,824,029$9,891,175▲ $6,067,146
Other Assets Total$116,120$104,720▼ $11,400
Liabilities
Accounts Payable and Accrued Expenses$1,238,453$1,179,415▼ $59,038
Other Liabilities$1,023,480$600,121▼ $423,359
Mortgage Notes Payable Secured by Investment Property$36,077$0▼ $36,077
Total Liabilities$2,298,010$1,779,536▼ $518,474
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,526,019$8,111,639▲ $6,585,620
Total Net Assets Fund Balance$1,526,019$8,111,639▲ $6,585,620
Total Liabilities and Net Assets / Fund Balance$3,824,029$9,891,175▲ $6,067,146

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,381,470$616,987$4,998,457
Other Land Buildings$357,927$513,329$871,256
Leasehold Improvements$47,749$412,841$460,590
Equipment$-3,238$396,862$393,624
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Melinda MegaheeExecutive DirectorFT$83,698$83,698
Lucy AndersonBoard SecretaryFT$44,046$44,046

Board Members and Trustees

NameTitle
John McneilBoard Chairman/COO
ALLISON O'SULLIVANBoard Member
Don AnkenbrandtBoard Member
Gena MuellerBoard Member
Mark GradkowskiBoard Member
Mary Bradley AndersonBoard Member
Matthew GregoryBoard Member
Rainer TwifordBoard Member
Rev Dr William WilsonBoard Member
Rosie MullenBoard Member
Vanessa PettwayBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$10,645,938
Program Service Revenue
$2,107,992
Investment Income
$296,486
Other Revenue
$5,842,284
All Other Contributions
$10,296,838
Change in Net Assets
$6,585,620

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$5,393,429Selling Price
Books and Publications$83,693Selling Price
Total Noncash Contributions$5,477,122-

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,892,700
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$69,030
Total Revenue per Audited Statements
$18,961,730
Total Revenue per Form 990
$18,892,700
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,722,402
Salaries, Compensation, and Employee Benefits$4,584,678
Total Fundraising Expense$197,766
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,824,310$213,748$83,431$4,121,489
Occupancy$2,011,083$224,218-$2,235,301
Insurance$568,079$288,790$18,936$875,805
Payroll Taxes$301,901$23,481$10,063$335,445
Travel$288,143$32,016-$320,159
Fees for Services Other-$246,849-$246,849
Depreciation Depletion$137,762$15,307-$153,069
Current Officers, Directors, Trustees, and Key Employees-$83,698$44,046$127,744
Office Expenses$54,351$44,054-$98,405
Fees for Services Accounting-$94,291-$94,291
Other Expenses$93,195--$93,195
All Other Expenses$63,406$17,528-$80,934
Advertising--$41,290$41,290
Information Technology-$20,492-$20,492
Fees for Services Legal-$9,759-$9,759
Interest-$7,753-$7,753
Total Functional Expenses$10,787,330$1,321,984$197,766$12,307,080

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,376,110
Expenses per Audited Statements$12,307,080
Total Expenses per Form 990$12,307,080
Expenses Not Reported on Form 990$69,030
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$69,030
Fundraising Gross Income$17,600
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fundraiser$366,700$17,600$14,713$2,887
Total Events$366,700$17,600$69,030$-51,430
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Beverly McneilSpouse of Board MemberManagement Fee AgreementNo$140,136
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$600,121
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Family relationship: sister melinda megahee (executive director) brother matthew gregory (board member) are siblings mother melinda megahee (executive director) son joseph gregory (chief human resources officer) uncle matthew gregory (board member) nephew joseph gregory (chief human resources officer)

Form 990, Part VI, Section A, Line 8B

The organization does not have committees with the responsibility to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

Upon completion of the organization's form 990, the return is presented to the governing body. The governing body reviews the tax return and is free to ask any questions or engage in discussion regarding any topic covered in the return. Once the governing body has reviewed and approved the form 990, the return is filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

All officers and directors are required to annually review and sign the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

Compensation for the top executives, officers, and key employees is based on industry standards, job performance, length of service, and expertise. Compensation for each of these positions is voted on and approved by the board of directors.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and various other information available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Freedom Rain Inc
EIN
72-1344856
Phone
2058337410
Address
7916 2ND AVENUE SOUTH, BIRMINGHAM, AL 35206
Doing Business As
The Lovelady Center

Signing Officer

Name
Melinda Megahee
Title
Executive Director
Phone
2058337410
Signed
2025-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Mcneil
Formed
1997
Legal Domicile
Al
Voting Board Members
10
Independent Board Members
8
Employees
240
Volunteers
1,200

Preparer

Firm
Bmss LLC
Address
1121 RIVERCHASE OFFICE RD, BIRMINGHAM, AL 35244
Preparer
George William Lorimer Ii CPA
Phone
2059825500
Supplemental Narrative

Additional Explanations

Section 1.263(A)-1(F) De Minimis Safe Harbor Election

Freedom rain, inc. 7916 2nd avenue south birmingham, al 35206 employer identification number: 72-1344856 for the year ending december 31, 2024 freedom rain, inc. Is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).

Financial Statement Notes

PART X, LINE 2:

Tax positions are initially recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. The organization has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements as of december 31, 2024, based on an assessment of many factors including experience and interpretations of applicable tax laws.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses from schedule g 69,030.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses reported on statement of revenue 69,030.

Raw XML AppendixShowing 400 of 573 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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IRS990/ActivityOrMissionDesc0THE LOVELADY CENTER IS A NON-DENOMINATIONAL FAITH-BASED ORGANIZATION WHOSE PURPOSE IS TO HELP WOMEN BUILD A STRONG AND POSITIVE FOUNDATION IN CHRIST. THE GOAL OF THE CENTER IS TO HELP WOMEN OVERCOME ADDICTION AND TRAGEDY AND RETURN TO THE COMMUNITY AS ESTEEMED WOMEN OF GOD.
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IRS990/Desc0THE LOVELADY CENTER PROVIDED RECOVERY AND AFTERCARE SERVICES FOR 1,889 WOMEN AND CHILDREN IN 2024. THESE SERVICES INCLUDE ADDICTION-RECOVERY PROGRAMS, HOUSING, TRANSPORTATION, FOOD, JOB SKILLS TRAINING, GED AND COLLEGE-LEVEL EDUCATIONAL OPPORTUNITIES, CHILDCARE, AND COUNSELING.
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