Employment
(J330)
IRS Verified
DX Registered
990 on File
FREEDOM WORK OPPORTUNITIES INC
Financial strength (30%)
49/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
55/100
CharityAI™ Score
Not yet evaluated
Mission Statement
“Empowering those we serve with FREEDOM to obtain supportive, integrated WORK skills and OPPORTUNITIES to excel.”
Financial Overview — FY 2024
$1.5M
Total Revenue
$1.8M
Total Expenses
$45K
Net Assets
36
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.1%
Fundraising Efficiency
34.4%
Operating Reserve
0.30x
Liability-to-Asset
95.8%
Revenue Diversification
86.3%
Executive Compensation
$178K
Compared with Peers
FY 2024
Compared with 810 similar organizations
(United States, Employment, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
92.1% | 84.6% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.5% | 13.5% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.5% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
34.4% | 129.3% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.3 mo | 10.5 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
95.8% | 14.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
86.3% | 92.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-22.1% | 8.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-8.9% | 8.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-20.2% | 3.6% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Skill building and vocational skills to work towards gaining community employment with support. | 95 | $225.00 | — | Lifetime |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.5M | $1.8M | $45K | 92.1% | 36 |
| 2023 | $1.9M | $2.0M | $346K | 91.0% | 86 |
| 2022 | $2.0M | $1.8M | $398K | 93.1% | 87 |
| 2021 | $1.3M | $1.2M | N/A | — | 105 |
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