Overview
What is Freedom Communities?
Freedom Communities is a nonprofit organization situated in Charlotte, North Carolina, specifically at 3501 Tuckassgee Road. Their primary mission is to foster holistic family stability and upward mobility for single mothers and their children. They achieve this through their Moms Moving Forward (MMF) program, a 12-month initiative that provides paid participation, resources, and a supportive network. Since its launch in 2020, Freedom Communities has successfully impacted 282 women and children through seven cohorts and five graduations. Their transformative approach extends beyond the program, incorporating real estate investments in the Freedom Drive corridor to drive comprehensive community transformation. With a dedicated workforce of 15 individuals, Freedom Communities is committed to empowering families and communities.
Official website here: www.freedomcommunities.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 85% (Three-Star out of Four Star rating)
Freedom Communities has achieved a solid Three-Star rating, reflecting its strong accountability and financial practices. With an impressive Accountability & Finance score of 83%, the organization demonstrates transparency and responsible management of resources, highlighted by its independent board and effective financial ratios. The absence of material diversion of assets and a robust program expense ratio indicate that a significant portion of funds is directed toward its mission.
The organization excels particularly in its culture and community engagement, earning a score of 93%. Its commitment to collecting and utilizing feedback is noteworthy, achieving full marks in both areas, which suggests a strong connection with the communities it serves. The emphasis on equity strategies further showcases its dedication to inclusiveness and responsiveness to the needs of diverse populations.
However, while Freedom Communities shows strengths in its structure and engagement processes, there is room for improvement in the equity data and policies, where scores indicate some gaps. Continuous efforts in these areas could enhance its impact and further strengthen its mission-driven work. Overall, the organization stands out for its strong governance and community orientation.
This AI summary has been generated from information found on Charity Navigator.
Is Freedom Communities legitimate?
Freedom Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freedom Communities 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: $141,000
Professional Fundraising Fees: $1,996
Other Salaries and Wages: $604,498
For more financial information, click here
Official website here: www.freedomcommunities.com
What is the mission statement of Freedom Communities?
Freedom Communities, as an organization, aims to facilitate holistic family and community transformation through innovative programs and strategic real estate investments. Their primary mission is to drive upward mobility and family stability for single mothers and their children. This is achieved through their Moms Moving Forward program, which takes a holistic and community-based approach. Participants engage in a 12-month paid program, during which they connect with various resources and build a support network with other families. Since launching in 2020, the program has positively impacted 282 women and children across multiple cohorts.
Official website here: www.freedomcommunities.com
Who is the CEO of Freedom Communities?
Hannah Beavers is the Executive Director of Freedom Communities.
Official website here: www.freedomcommunities.com
What is the revenue of Freedom Communities?
Freedom Communities's revenue in 2022 was $2,615,175.
Official website here: www.freedomcommunities.com
Who are the executives of Freedom Communities and what are their salaries?
The average compensation at Freedom Communities during 2022 was $49,700. There are 15 employees and 200 volunteers at Freedom Communities.
Here are 12 key members and their salaries:
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Official website here: www.freedomcommunities.com
Where can I find the form 990 for Freedom Communities?
Freedom Communities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.freedomcommunities.com
Learn more at the official website: www.freedomcommunities.com
Mission Statement of Freedom Communities
Freedom Communities, as a nonprofit organization, is committed to driving holistic family and community transformation through innovative programs and real estate investments in a specific area, referred to as the Freedom Drive corridor. Their mission is to create an environment that fosters upward mobility and family stability for single mothers and their children. They achieve this by implementing a 12-month program called Moms Moving Forward (MMF). This program takes a community-based and holistic approach, working simultaneously with each participant and her children, connecting them to various resources to build a support network with other families. Since the launch of the program in 2020, Freedom Communities has successfully graduated five cohorts, impacting the lives of 282 women and children.
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Impact
July, 2024
Freedom Communities has made a significant impact in Charlotte, NC by driving holistic family and community transformation through innovative programs and real estate investments in the Freedom Drive corridor. Specifically, through their Moms Moving Forward program, they have successfully launched 7 cohorts and graduated 5, impacting 282 women and children. This program takes a holistic and community-based approach to drive upward mobility and family stability for single mothers and their children, connecting them to resources and building a support network. Their work demonstrates a tangible and positive impact on families in the community, contributing to overall community improvement.
This information is meant to be a general summary of Freedom Communities. 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.
- Investment Income: $6
- Gross Receipts: $2,615,175
Assets and Liabilities:
- Total Assets: $5,776,301
- Total Liabilities: $3,055,937
- Net Assets: $2,720,364
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Organization Details
Founding Year
2017
Principal Officer
Hannah Beavers
Main Address
3501 Tuckassgee Road, Charlotte, NC, 28208
Website
www.freedomcommunities.comNTEE Category
Code: S20 - Community improvement
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