The Freedom Center Inc

Nonprofit profile at a glance

EIN
873948958
IRS 990 coverage
2023–2025
Forms available
Form 990 2025, Form 990-N 2022
Location
Madison, IN, USA
Phone
8122926458
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$495,044
Expenses
$346,516
Assets
$266,692
Liabilities
$3,867

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • DAVID SMITH (PRESIDENT)

Highest reported compensation

  • ELIZABETH M COOPER (EXECUTIVE DI): $69,667 total reported compensation
  • EMILY APPLEGATE (TREASURER): $48,160 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The therapy services department of the freedom center operates from the belief that hope is real, love is deserving, and healing can happen. Hope is the foundation that change, and transformation must be built upon. If we dont believe in ourselves or in our future or in the fact things can change, then things most certainly will not change. Hope is essential and is very real. Love is the glue that holds everything together. Without love, we have and are nothing. Every individual on planet earth is deserving of love and a sense of belonging. When we feel unloved or simply question our ability to be loved, things begin to fall apart. Love holds us together, as individuals and as a society. Healing is being fully restored back to who were meant to be and overcoming what stands in the way of that. When unresolved trauma, loss, betrayal, pain, and broken-down relationships cloud our vision of who we are, healing can seem unattainable; we assimilate to a different normal. When we believe in

What it reported doing in 2025

We take clients from all walks of life: individuals, couples, families, children, teens, young adults. We do not specialize in any one specific area other than the overarching influence unresolved trauma has on our lives. Common areas of therapeutic focus may include: addiction, recovery, childhood trauma, physical & sexual abuse, sexual assault, couples counseling, pre-marital counseling, marriage counseling, divorce counseling, foster care & adoption, family counseling, anxiety, depression, dysregulated sleep, and many others.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
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 available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 92
  • Accountability: 5
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70%; rating input score 70
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 30%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 0.77; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 34%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 32.3% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 35.7% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 51.5% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 70% of revenue deployed · 100% of spending went to programs
  • Governance: 0 of 3 board members independent · 1 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $347K in reported program spending
  • Leadership: top reported pay $70K · 5 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.