Freedom House Inc

EIN: 042240448 501(c)(3) Education

Boston, MA

Total Revenue
$1,606,446
Total Expenses
$1,500,023
Total Assets
$3,719,699
Net Assets
$2,573,843
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
MA
Phone
6174599831
Tax Period
2023-01-01 to 2023-12-31

Freedom House Inc, founded in 1949, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $1.5M left a modest 7% surplus.

Mission

PROGRAMS: Freedom House offers high quality educational programs which help students thrive, create, explore, challenge and grow. Freedom House created the Preparing Urban Students for Success in High School and Higher Education PUSH program tolife time earnings of young people, thereby reducing poverty, and to create 21st century skills for employability. Global Community Programs: Provides opportunities to engage in non-traditional learning and activities through online and classroom educational services, social/emotional, social justice and civic engagement programming. This program provides a safe, secure, nurturing and supportive environment to meet the evolving needs of youth and their families. Push High School: A college access program embedded in select Boston Public Schools BPS High schools that provides coaching, workshops, and guidance to 9th-12th grade students. Additionally, PUSH High School promotes college-going cultures at the schools, and offers administrative support

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,603,525
Program Service Revenue $0
Investment Income $571
Other Revenue $2,350
TOTAL REVENUE $1,606,446

Expense Breakdown

Grants Paid $0
Salaries & Benefits $632,261
Fundraising Expenses $284,222
Program Expenses $1,036,731
Other Expenses $867,762
TOTAL EXPENSES $1,500,023

Year-over-Year Comparison

2023 2022 Change
Revenue $1,606,446 $2,247,128 -0.3%
Expenses $1,500,023 $1,184,843 +0.3%
Net Income $106,423 $1,062,285 -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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Governance

Voting Members
16
Independent Members
16
Employees
8
Volunteers
38

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
5
$128,502
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Charmaine Arthur President & CEO 40.00
Officer
$128,502 $0 $128,502
Natasha Telesford Director 1.00
Director
$0 $0 $0
Michael Glavin Director 1.00
Director
$0 $0 $0
Gary Morton Director 1.00
Director
$0 $0 $0
Richard Barbieri Director 1.00
Director
$0 $0 $0
Keith Motley Director 1.00
Director
$0 $0 $0
Khimmara Greer Director 1.00
Director
$0 $0 $0
Susan O'Connor Director 1.00
Officer Director
$0 $0 $0
Lisa Guscott Director 1.00
Director
$0 $0 $0
Gintas Krisciunas Secretary 1.00
Officer Director
$0 $0 $0
Andrew Sobers President 1.00
Officer Director
$0 $0 $0
Charles Ocitti Treasurer 1.00
Officer Director
$0 $0 $0
Tom O'Reilly Director 1.00
Director
$0 $0 $0
Nadina Talukdar Director 1.00
Director
$0 $0 $0
Kempton Flemming Director 1.00
Director
$0 $0 $0
Ricky Grant Jr Director 1.00
Director
$0 $0 $0
Giel Urena Director 1.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $1,606,446 $1,500,023 $3,719,699 $106,423
2022 $2,247,128 $1,184,843 $3,636,525 $1,062,285
2021 $947,827 $1,130,442 $3,503,030 $-182,615
2020 $1,843,423 $1,033,703 $3,719,714 $809,720
2018 $920,996 $909,175 $3,466,292 $11,821
2017 $1,599,821 $949,858 $3,487,133 $649,963
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