House of Freedom Inc

Nonprofit profile at a glance

EIN
030499181
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Baltimore, MD, USA
Phone
4106757500
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Homeless Shelters

Reported finances

Revenue
$2,598,128
Expenses
$1,466,162
Assets
$31,166,046
Liabilities
$27,772

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • K DANIEL STOLTZFUS (CHIEF EXECUTIVE OFFICER)
  • CHARLES E KNUDSEN (PRESIDENT/DIRECTOR)
  • GAYLE KELLY (VICE PRESIDENT/DIRECTOR)
  • ROBERT K GEHMAN (PRESIDENT EMERITUS)

Highest reported compensation

  • MICHAEL T BURNS (CHIEF FINANCIAL OFFICER): $248,003 total reported compensation
  • K DANIEL STOLTZFUS (CHIEF EXECUTIVE OFFICER): $240,389 total reported compensation
  • ROBERT K GEHMAN (PRESIDENT EMERITUS): $191,465 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

House of freedom supports the work of helping up mission, inc by providing transitional housing, supportive services, and other assistance to those who do not have permanent housing and are victims of substance abuse or the ill-effects of society in general in order to prepare them to become responsibile and useful members of the community and society.

What it reported doing in 2024

House of freedom provides the facilities which enable helping up mission, inc to carry out its program objectives. Services and programs established for those experiencing homelessness and addiction include transitional housing, counseling, education, and jobs skills training, and are provided by helping up mission.

Operating model

Revenue model
Affiliate-supported. 96% of the money available for current operations came from contributions from related organizations.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 70
  • Accountability: 92
  • Sustainability: 85
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58.1%; rating input score 58
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 93.8%; rating input score 94; 24th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 43.6%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 21.26; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 93; 93rd percentile among comparable filings
  • Officer compensation ratio: 11.4%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 3.7% per year; rating input score 100; 32nd percentile among comparable filings
  • Revenue growth: 12.1% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 58.1% of revenue deployed · 100% of spending went to programs
  • Governance: 15 of 16 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.5M in reported program spending
  • Leadership: top reported pay $248K · 23 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $1.1M reported
  • Consistency: 17 of 17 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 58/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 26/100.