NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)FREEDOM INSTITUTE INC, founded in 1976, is a community nonprofit in the Diseases & Disorders 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 $2.0M exceeded revenue, resulting in a 28% operating deficit.
FREEDOM INSTITUTE IS A RESOURCE CENTER FOR INDIVIDUALS AND FAMILIES COPING WITH ADDICTION AND CO-OCCURRING ISSUES SUCH AS DEPRESSION AND ANXIETY. WE OFFER PERSONALIZED COUNSEL AND CARE TO THOSE SEEKING TO PREVENT, UNDERSTAND OR RECOVER FROM SUBSTANCE ABUSE AND ADDICTION.
FREEDOM INSTITUTE BEGAN DISCUSSIONS WITH AND ENTERED INTO A MANAGEMENT SERVICES AGREEMENT WITH SILVER HILL HOSPITAL IN MARCH 2023 IN ORDER TO RECEIVE SUPPORT AS IT HAS BECOME INCREASINGLY DIFFICULT...
FREEDOM INSTITUTE BEGAN DISCUSSIONS WITH AND ENTERED INTO A MANAGEMENT SERVICES AGREEMENT WITH SILVER HILL HOSPITAL IN MARCH 2023 IN ORDER TO RECEIVE SUPPORT AS IT HAS BECOME INCREASINGLY DIFFICULT TO SUSTAIN OPERATIONS AS A STAND-ALONE ORGANIZATION. SILVER HILL HAS AN OUTSTANDING REPUTATION AS A NON-PROFIT ORGANIZATION WITH LIKE-MINDED VALUES AND IS A LEADER IN THE TREATMENT OF PSYCHIATRIC AND ADDICTION DISORDERS. WITH MARKETING AND BACK-OFFICE SUPPORT FROM SILVER HILL, FREEDOM WAS ABLE TO MAINTAIN INTENSIVE OUTPATIENT AND OUTPATIENT PROGRAMS AND CONTINUE TO PROVIDE THE LEVEL OF CARE THAT FREEDOM INSTITUTE IS KNOWN FOR. OVER 100 CLIENTS PARTICIPATED IN VARIOUS TREATMENT PROGRAMS WITH OVER 3,000 SERVICES DELIVERED THROUGH INDIVIDUAL, GROUP AND FAMILY THERAPY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,552,670 | $2,186,497 | -0.3% |
| Expenses | $1,991,430 | $2,493,987 | -0.2% |
| Net Income | $-438,760 | $-307,490 | +0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JESSICA AMBROSE | SECRETARY | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT L MILLER | CHAIRMAN | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEX DAYTON | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| ANSON BARRETT FRELINGHUYSEN | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| JOHN LOEFFLER | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| MR PATRICK ROBINSON | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| STEVEN WOLT | PRESIDENT | 20.00 |
Officer
|
$15,000 | $0 | $15,000 |
| DANA SACHER-ROLLINS | VP & GENERAL MANAGER | 40.00 |
Officer
|
$115,873 | $46,311 | $162,184 |
| CAROLINE KERN | CLINICAL DIRECTOR | 40.00 |
Highest
|
$126,329 | $15,746 | $142,075 |
| SALAH BUSTAMI | DIRECTOR OF FAMILY SERVICES | 40.00 |
Highest
|
$106,838 | $19,873 | $126,711 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,552,670 | $1,991,430 | $169,538 | $-438,760 |
| 2022 | $2,186,497 | $2,493,987 | $212,946 | $-307,490 |
| 2021 | $2,758,758 | $3,019,356 | $1,271,692 | $-260,598 |
| 2020 | $2,820,347 | $3,271,347 | $1,412,979 | $-451,000 |
| 2019 | $3,290,156 | $4,138,644 | $1,926,149 | $-848,488 |
| 2018 | $3,767,511 | $4,651,782 | $2,984,078 | $-884,271 |
Compare FREEDOM INSTITUTE INC with other nonprofits in New York and across the country.