Civic Intelligence

Finding Freedom Inc

990 • Fiscal year 2020 • EIN 82-3389364

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

2419 E Cameron Bridge RdBozeman, MT 59718

(406) 570-7040

Siviq Scores

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

Liabilities / Assets

84th percentile

0.51x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

87th percentile

0.73x

Higher debt load relative to revenue than 87% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

65th percentile

$46,250

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$999,727

No earlier filing loaded for comparison.

Net Assets

$491,479

No earlier filing loaded for comparison.

Liabilities

$508,248

No earlier filing loaded for comparison.

Revenue

$697,916

No earlier filing loaded for comparison.

Expenses

$232,645

No earlier filing loaded for comparison.

Net Income

$465,271

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2020: $999,727Liabilities 2020: $508,248Net Assets 2020: $491,4792020Assets 2021: $965,449Liabilities 2021: $496,231Net Assets 2021: $469,2182021

Highlighted filing

2020

Assets$999,727
Liabilities$508,248
Net Assets$491,479

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2020: $697,916Expenses 2020: $232,645Net Income 2020: $465,2712020Revenue 2021: $370,133Expenses 2021: $392,394Net Income 2021: -$22,2612021

Highlighted filing

2020

Revenue$697,916
Expenses$232,645
Net Income$465,271
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.0
Gross Receipts
$697,916
Mission and Program Overview

Mission

Empowering people to grow with others into greater emotional, spiritual, and relational health.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$894,193-
Cash and Non-Interest-Bearing Accounts$26,358$71,073▲ $44,715
Savings and Temporary Cash Investments-$34,010-
Prepaid Expenses and Deferred Charges-$400-
Accounts Receivable-$51-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$26,358$999,727▲ $973,369
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$508,078-
Accounts Payable and Accrued Expenses$150$170▲ $20
Total Liabilities$150$508,248▲ $508,098
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$26,208$491,479▲ $465,271
Total Net Assets Fund Balance$26,208$491,479▲ $465,271
Total Liabilities and Net Assets / Fund Balance$26,358$999,727▲ $973,369

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$496,241$5,359$501,600
Land$378,400-$378,400
Equipment$19,552$834$20,386
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer HoferSecretaryFT$46,250$46,250
Dr Susan WilliamsExecutive DirectorFT$44,395$44,395
Dr Peter HolmesVice PresidentFT$38,210$38,210

Board Members and Trustees

NameTitle
Dr Todd SteinmetzPresident
Ryan MattsonDirector
Sue DeibertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$696,896
Program Service Revenue
$984
Investment Income
$10
Other Revenue
$26
All Other Contributions
$655,533
Change in Net Assets
$465,271
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$167,172
Other Expenses$65,473
Total Fundraising Expense$20,542
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$95,625$15,125$18,105$128,855
Other Salaries and Wages$25,300--$25,300
Interest$13,722--$13,722
Payroll Taxes-$12,967-$12,967
Fees for Services Other$11,250--$11,250
Occupancy$8,999$542$407$9,948
Depreciation Depletion$6,193--$6,193
Insurance$1,841$1,016-$2,857
Advertising$435$56$1,515$2,006
Information Technology$571-$140$711
Other Expenses$400$10$107$507
Travel$432--$432
Fees for Services Accounting-$373$8$381
All Other Expenses$166$23$172$361
Office Expenses$66$143$78$287
Other Employee Benefits$50--$50
Fees for Services Legal-$20-$20
Total Functional Expenses$181,828$30,275$20,542$232,645
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Discipleship LtdLicense FeesLicensing MaterialsNo$11,250

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Dr. Peter holmes and dr. Susan williams have been business colleagues for 30+ years within various organizations - originally in the u.k. And then in the last 12 years in the u.s.

Form 990, Part VI, Line 11B: Form 990 Review Process

A draft copy of the form 990 is presented to the board of directors for review and approval prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflicts of interest are monitored and discussed regularly. As needed, any board members with conflicts of interest recuse themselves from decision making.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board of directors performs industry research when setting compensation for management,looking at both local organizations as well as national industry standards.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Finding Freedom Inc
EIN
82-3389364
Phone
4065707040
Address
2419 E CAMERON BRIDGE RD, BOZEMAN, MT 59718

Signing Officer

Name
Dr Susan Williams
Title
Executive Director
Signed
2021-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Susan Williams
Formed
2017
Legal Domicile
Mt
Voting Board Members
6
Independent Board Members
3
Employees
4
Volunteers
45

Preparer

Firm
Amatics CPA Group
Address
45 Discovery Drive, Bozeman, MT 59718
Preparer
Morgan Scarr
Phone
4064041925
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

Finding freedom has switched from a model that included a residential component to a more service-based model. The purpose and goals of the organization are unchanged, however the mode of delivery has changed from what was originally filed with the form 1023.

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

Due to covid-19 we have had to move the delivery of our programs and services to online platforms. This has allowed us to reach a broader range of people as geography is no longer an issue. This has however made it challenging on those in our community as our programs and services are based around the power of relationships. The social distancing measures have created a hardship in this way.

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Resources & LearningWe have a vast library of written and audio resources around topics where people generally struggle. This allows people to choose their own priorities for their journeying and to receive extra teaching and support for whatever area they are ready to pursue. OTHER PROGRAM SERVICES 5: Life Skills SupportAs part of our holistic model of healing, we offer a variety of practical support. We see this as being vital in the journey of finding greater emotional, spiritual, and relational health. We support clients to learn together how to build interpersonal skills, encouraging them to make use of the safe space that our facilities provide to meet each other and discover the richness of community. We will often assist clients in learning and implementing better nutrition and exercise habits and a deeper love for their bodies. This support can also include helping people to manage their finances and learn a basic understanding of financial principles. All this is hugely beneficial in creating greater potential for well-being, breaking the cycles of loneliness and isolation. OTHER PROGRAM SERVICES 6: Veterans & Mustangs (pilot program)For six weeks in 2020, we piloted a program to pair a veteran and a mustang together for a month of growth and healing.

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IRS990/ProgSrvcAccomActy2Grp/Desc0Veterans & Mustangs (pilot program)For six weeks in 2020, we piloted a program to pair a veteran and a mustang together for a month of growth and healing.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Small groups & Peer-to-Peer supportSmall groups are one of the core aspects of transformation and community within Finding Freedom. These non-judgmental spaces provide the support for people to dig into their journey of healing with others who are doing the same. Our expert-by-experience model lends itself well to these groups as one person moves forward in their journey everyone in the group benefits. Our peer-to-peer method of support (based on our expert-by- experience model), offers a similar benefit. Those supporting others have all walked their own journey of healing and transformation and in these sessions they are able to guide, empower, and support others to do the same.
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DISCIPLESHIP LTD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0LICENSE FEES
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LICENSING MATERIALS
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0FINDING FREEDOM LICENSES THE RIGHT TO USE DISCIPLESHIP LTD'S AUDIO RESOURCES, FRAMEWORK, AND TOOLS FOR USE IN ITS PROGRAMS. DISCIPLESHIP LTD IS OWNED BY DR. PETER HOLMES (FINDING FREEDOM'S VICE PRESIDENT) AND DR. SUSAN WILLIAMS (FINDING FREEDOM'S EXECUTIVE DIRECTOR).
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FINDING FREEDOM HAS SWITCHED FROM A MODEL THAT INCLUDED A RESIDENTIAL COMPONENT TO A MORE SERVICE-BASED MODEL. THE PURPOSE AND GOALS OF THE ORGANIZATION ARE UNCHANGED, HOWEVER THE MODE OF DELIVERY HAS CHANGED FROM WHAT WAS ORIGINALLY FILED WITH THE FORM 1023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUE TO COVID-19 WE HAVE HAD TO MOVE THE DELIVERY OF OUR PROGRAMS AND SERVICES TO ONLINE PLATFORMS. THIS HAS ALLOWED US TO REACH A BROADER RANGE OF PEOPLE AS GEOGRAPHY IS NO LONGER AN ISSUE. THIS HAS HOWEVER MADE IT CHALLENGING ON THOSE IN OUR COMMUNITY AS OUR PROGRAMS AND SERVICES ARE BASED AROUND THE POWER OF RELATIONSHIPS. THE SOCIAL DISTANCING MEASURES HAVE CREATED A HARDSHIP IN THIS WAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER PROGRAM SERVICES 4: Resources & LearningWe have a vast library of written and audio resources around topics where people generally struggle. This allows people to choose their own priorities for their journeying and to receive extra teaching and support for whatever area they are ready to pursue. OTHER PROGRAM SERVICES 5: Life Skills SupportAs part of our holistic model of healing, we offer a variety of practical support. We see this as being vital in the journey of finding greater emotional, spiritual, and relational health. We support clients to learn together how to build interpersonal skills, encouraging them to make use of the safe space that our facilities provide to meet each other and discover the richness of community. We will often assist clients in learning and implementing better nutrition and exercise habits and a deeper love for their bodies. This support can also include helping people to manage their finances and learn a basic understanding of financial principles. All this is hugely beneficial in creating greater potential for well-being, breaking the cycles of loneliness and isolation. OTHER PROGRAM SERVICES 6: Veterans & Mustangs (pilot program)For six weeks in 2020, we piloted a program to pair a veteran and a mustang together for a month of growth and healing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DR. PETER HOLMES AND DR. SUSAN WILLIAMS HAVE BEEN BUSINESS COLLEAGUES FOR 30+ YEARS WITHIN VARIOUS ORGANIZATIONS - ORIGINALLY IN THE U.K. AND THEN IN THE LAST 12 YEARS IN THE U.S.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A DRAFT COPY OF THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONFLICTS OF INTEREST ARE MONITORED AND DISCUSSED REGULARLY. AS NEEDED, ANY BOARD MEMBERS WITH CONFLICTS OF INTEREST RECUSE THEMSELVES FROM DECISION MAKING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS PERFORMS INDUSTRY RESEARCH WHEN SETTING COMPENSATION FOR MANAGEMENT,LOOKING AT BOTH LOCAL ORGANIZATIONS AS WELL AS NATIONAL INDUSTRY STANDARDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 2: New Services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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