New Freedom Project

What it reported doing in 2024

1. Sponsorships for uninsured participants - $720,500.00 new freedom project ("nfp") provides wide-ranging assistance to low-income, recently incarcerated individuals who are reentering the community. In 2024, nfp launched a new program to ensure that individuals in need of re-entry services could access support regardless of their financial situation, insurance status, or other barriers. Under the new program, nfp provides participants without insurance coverage or other financial means with sponsorships to attend a 90 day post-incarceration treatment program operated by nfp's for-profit affiliate, new freedom ops, llc, and widely recognized as Arizona's leading re-entry program, which scholarships cover basic needs services, such as food, housing, health care, transportation, job training, and job placement services. The sponsorships cover the complete cost of participating in the treatment program, including food, housing, health care, mentoring, vocational training, and job placement assistance. The program has been a resounding success, providing critical services to 147 individuals who might not otherwise have received assistance..2. Clothing & hygiene / welcome bags - $213,081.00 new freedom project ensures that every new participant entering new freedom's 90-day reentry program receives a welcome bag containing brand-new clothing, shoes, and full-size hygiene items. For many, these are the only personal belongings they possess upon arrival. This effort is rooted in our commitment to providing care with dignity and respect from the very first day. In addition to these essentials, the program also covers the cost of uniforms and personal protective equipment (ppe) for participants enrolled in new freedom's vocational training programs. These resources are critical to allowing individuals to safely pursue certifications in a range of skilled trades, supporting both their immediate well-being and long-term success. In 2024 alone, the new freedom project distributed over 1,500 welcome bags, reinforcing our mission to support a respectful and empowering transition for every participant.3. Food/nutrition - $173,596.00 in september 2024, the new freedom project initiated efforts to fund the cost of daily meals for individuals enrolled in a 90-day reentry program operated by new freedom ops, llc. While receiving treatment at the facility, each participant is provided with three nutritious meals per day-an essential component of their physical well-being, mental clarity, and overall capacity to fully engage in the recovery and reentry process. Access to consistent, healthy meals not only supports participant's energy levels and focus but also reinforces the stability and structure necessary for successful reintegration. In 2024, the new freedom project provided over 15,000 meals, underscoring our commitment to holistic, dignified care for every participant.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 64.3%; rating input score 64
• Fundraising efficiency: $0.52 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 60%; rating input score 60; 17th percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -460.9%; rating input score 0; 0th percentile among comparable filings
• Total-asset coverage ratio: 1.39; rating input score 50; 50th percentile among comparable filings
• Liabilities to assets ratio: 0.85; rating input score 6; 6th percentile among comparable filings
• Officer compensation ratio: 7.5%; rating input score 31; 31st percentile among comparable filings

Growth

• Program expense growth: 23.8% per year; rating input score 100; 87th percentile among comparable filings
• Revenue growth: -2.4% per year; rating input score 0; 16th percentile among comparable filings
• Asset growth: 71.8% per year; rating input score 100; 98th percentile among comparable filings