FREED PEOPLE
Mission Statement
About Us WHAT WE DO - Freed People ignites hope by redeeming destinies and restoring families. Our faith leads us to believe there are no hopeless situations only hopeless feelings. HOW WE DO IT - We join Freed People Teams, open-source intelligence tools, and the expertise of law enforcement, in the fight to end human trafficking. This technique develops a flow of information that can recover victims of human trafficking and locate human traffickers. This collaboration provides solutions that have helped solve cases in a matter of minutes. We work with many agencies for a common goal, to end human trafficking. WHY WE DO IT - 79,000 children are being sex trafficked on any given day in Texas according to the experts. "The mission is to rescue. The dream is that one day we won't have to. Thank you for your support until then."
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
70.2% | 86.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.3% | 10.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
11.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.3 mo | 8.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.7% | 1.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 96.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
25.7% | 7.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
64.6% | 8.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
11.1% | 2.1% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| rescue from human trafficking, restorative care for victims through safe home partners. | 128 | $2,500.00 | — | Lifetime |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.0M | $922K | $405K | 70.2% | 4 |
| 2023 | $825K | $560K | $289K | 49.2% | 3 |
| 2022 | $70K | $20K | $49K | 79.3% | — |
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