Overview
What is Freedom Adult Foster Care Corporation?
Freedom Adult Foster Care Corporation is a nonprofit organization situated in Clarkston, Michigan. With a workforce of 92 dedicated individuals, their primary mission is to provide housing, supervision, care, and training for individuals with developmental disabilities. The organization offered 365-day support to 56 individuals in 18 homes and 3 respite facilities, ensuring comprehensive care throughout the year. Their services extend beyond basic needs, offering training and supervision to help these individuals lead fulfilling lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, earning a Two-Star out of Four Star rating.
Freedom Adult Foster Care Corporation has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. The organization has a relatively low score for independent board members, with only 33% being independent, which may affect governance and oversight. However, it does have a strong audit and oversight committee, receiving full points in that area, and demonstrates good practices with its conflict of interest and whistleblower policies.
The organization shows a high program expense ratio of 91.20%, suggesting that a significant portion of its funds is allocated towards its programs rather than administrative costs. This focus on program spending is a positive aspect, indicating a commitment to its mission. However, the 100.33% liabilities to assets ratio raises concerns about financial stability, implying that the organization may have more liabilities than assets.
Overall, while Freedom Adult Foster Care Corporation has strengths in its program spending and governance policies, the low rating reflects important areas for improvement, particularly in board independence and financial health. Transparency issues, like missing tax forms on the website, also contribute to the need for better accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Freedom Adult Foster Care Corporation legitimate?
Freedom Adult Foster Care Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freedom Adult Foster Care Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $344,304
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Freedom Adult Foster Care Corporation?
Freedom Adult Foster Care Corporation's mission is centered around providing care and support for individuals with mental impairments. Their primary objective is to offer housing, supervision, training, and care to these individuals, aiming to enhance their quality of life. The corporation operates 18 homes and provides respite services, ensuring 365 days of care for 56 individuals with developmental disabilities. Their mission is not just about providing a place to live, but also includes offering training and supervision to help these individuals lead more independent and fulfilling lives.
Who is the CEO of Freedom Adult Foster Care Corporation?
Danny Souheaver is the Vp/Dir Operations Dev of Freedom Adult Foster Care Corporation. The CEO's salary of Freedom Adult Foster Care Corporation is $69,000 and their total compensation is $69,000.
What is the revenue of Freedom Adult Foster Care Corporation?
Freedom Adult Foster Care Corporation's revenue in 2022 was $5,193,373.
Who are the executives of Freedom Adult Foster Care Corporation and what are their salaries?
The average compensation at Freedom Adult Foster Care Corporation during 2022 was $3,742. There are 92 employees at Freedom Adult Foster Care Corporation.
Here are 9 key members and their salaries (Freedom Adult Foster Care Corporation's CEO's salary is $69,000 and their total compensation is $69,000):
- Compensation: $143,000
- Related: $0
- Other: $0
- Compensation: $92,543
- Related: $0
- Other: $0
- Compensation: $88,173
- Related: $0
- Other: $0
- Compensation: $87,790
- Related: $0
- Other: $0
- Compensation: $84,070
- Related: $0
- Other: $0
- Compensation: $69,000
- Related: $0
- Other: $0
- Compensation: $50,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Freedom Adult Foster Care Corporation?
Freedom Adult Foster Care Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Freedom Adult Foster Care Corporation
Freedom Adult Foster Care Corporation is dedicated to providing housing, supervision, care, and training for individuals with developmental disabilities. Their mission is to ensure these individuals receive 365 days of support, including care, training, and supervision, within a residential setting. The corporation serves a total of 56 individuals across 18 homes and 3 respite facilities, demonstrating their commitment to making a significant impact in the lives of those with mental impairments.
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Impact
July, 2024
Freedom Adult Foster Care Corporation's impact can be seen in the 365 days of care, training, supervision, and housing they have provided for mentally impaired individuals. They have served 56 persons in 18 homes and 3 respite locations in Clarkston, MI. Through their dedicated mission to provide housing, supervision, care, and training, they have made a significant difference in the lives of those with developmental disabilities in the community.
This information is meant to be a general summary of Freedom Adult Foster Care Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $5,193,373
- Gross Receipts: $5,193,373
Assets and Liabilities:
- Total Assets: $788,775
- Total Liabilities: $791,456
- Net Assets: -$2,681
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORC, OCHN, MCMH, SSI SSA, Home Help, Food Stamps
Revenue
$5,193,373
Organization Details
Founding Year
1977
Phone
(248) 625-7923Principal Officer
Danny Souheaver
Main Address
PO BOX 1588, CLARKSTON, MI, 48347
NTEE Category
Code: P73Z - Human services
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