HOUSE OF FREEDOM INC

EIN: 030499181 501(c)(3) Housing & Shelter

BALTIMORE, MD

Total Revenue
$2,598,128
Total Expenses
$1,466,162
Total Assets
$31,166,046
Net Assets
$31,138,274
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MD
Principal Officer
K DANIEL STOLTZFUS
Phone
4106757500
Tax Period
2024-07-01 to 2025-06-30

HOUSE OF FREEDOM INC, founded in 2002, is a community nonprofit in the Housing & Shelter sector that reported $2.6M in total revenue in fiscal year 2024. Revenue fell 73% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.1M, a strong 44% operating margin.

Mission

HOUSE OF FREEDOM'S MISSION IS TO HELP SUPPORT THE WORK OF HELPING UP MISSION, INC. BY PROVIDING A VARIETY OF SERVICES TO THE HOMELESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,500,260
Program Service Revenue $0
Investment Income $97,868
Other Revenue $0
TOTAL REVENUE $2,598,128

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,466,162
Other Expenses $1,466,162
TOTAL EXPENSES $1,466,162

Year-over-Year Comparison

2024 2023 Change
Revenue $2,598,128 $9,679,758 -0.7%
Expenses $1,466,162 $1,465,720 +0.0%
Net Income $1,131,966 $8,214,038 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
15
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$488,392
Total Directors
16
$240,389
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
K DANIEL STOLTZFUS CHIEF EXECUTIVE OFFICER 2.00
Officer Director
$0 $35,663 $240,389
CHARLES R PIEL SECRETARY/DIRECTOR 2.00
Officer Director
$0 $0 $0
MARY A LASHLEY PHD APRN RN BC DIRECTOR 2.00
Director
$0 $0 $0
ROBERT F OHLER DIRECTOR 2.00
Director
$0 $0 $0
MATTHEW BAUER TREASURER/DIRECTOR 2.00
Officer Director
$0 $0 $0
STUART A ERDMAN DIRECTOR 2.00
Director
$0 $0 $0
KEITH W HISS DIRECTOR 2.00
Director
$0 $0 $0
CHARLES E KNUDSEN PRESIDENT/DIRECTOR 2.00
Officer Director
$0 $0 $0
DEMETRIE GARNER DIRECTOR 2.00
Director
$0 $0 $0
JUSTIN WENGER DIRECTOR 2.00
Director
$0 $0 $0
BRUCE R MORTIMER DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL STITCHER DIRECTOR 2.00
Director
$0 $0 $0
GAYLE KELLY VICE PRESIDENT/DIRECTOR 2.00
Officer Director
$0 $0 $0
LARRY KOCH DIRECTOR 2.00
Director
$0 $0 $0
JOHN SWEENEY DIRECTOR 2.00
Director
$0 $0 $0
DAVID WYAND DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL T BURNS CHIEF FINANCIAL OFFICER 2.00
Officer
$0 $26,904 $248,003
JENNIFER BEDON CHIEF PHILANTHROPY OFFICER 2.00
Highest
$0 $1,134 $153,811
PAMELA WILKERSON DIRECTOR OF CENTER FOR WOMEN & CHILDREN 2.00
Highest
$0 $12,319 $148,936
SKY WOODWARD CHIEF ADMINISTRATIVE OFFICER 2.00
Highest
$0 $26,883 $167,876
BRENT JONES SENIOR DIRECTOR OF MENS PROGRAMS 2.00
Highest
$0 $16,678 $150,761
MICHAEL RALLO DIRECTOR OF SPIRITUAL LIFE 2.00
Highest
$0 $35,439 $153,217
ROBERT K GEHMAN PRESIDENT EMERITUS 2.00
$0 $11,945 $191,465
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,598,128 $1,466,162 $31,166,046 $1,131,966
2024 $9,679,758 $1,465,720 $30,211,495 $8,214,038
2023 $3,363,465 $1,954,995 $21,792,270 $1,408,470
2022 $8,431,809 $1,305,821 $20,383,800 $7,125,988
2021 $814,505 $1,198,419 $13,538,227 $-383,914
2020 $150,484 $6,548,180 $14,042,821 $-6,397,696
2019 $-1,547,670 $1,291,749 $43,669,844 $-2,839,419
2018 $13,151,521 $1,486,025 $23,455,292 $11,665,496
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