FREEDOM HOUSE SENIOR COMMUNITY INC (EIN 261579944) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

LYNN D DALTON

Phone

6144511919

Tax Period

2024-01-01 to 2024-12-31

FREEDOM HOUSE SENIOR COMMUNITY INC, founded in 2010, is a small nonprofit in the Housing & Shelter sector that reported $196K in total revenue in fiscal year 2024. Expenses of $253K exceeded revenue, resulting in a 29% operating deficit.

Mission

TO PROVIDE HOUSING TO QUALIFIED ELDERLY & HANDICAPPED PERSONS.

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $64,124

Program Service Revenue $128,534

Investment Income $474

Other Revenue $2,407

TOTAL REVENUE $195,539

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $200,678

Other Expenses $253,145

TOTAL EXPENSES $253,145

Year-over-Year Comparison

	2024	2023	Change
Revenue	$195,539	$190,585	+0.0%
Expenses	$253,145	$241,635	+0.0%
Net Income	$-57,606	$-51,050	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

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

$120,000

Total Directors

$120,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNN D DALTON	PRESIDENT	1.00	Officer Director	$0	$0	$120,000
ELLEN H HARDYMON	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
THOMAS F HAVENS	TRUSTEE	0.25	Director	$0	$0	$0
JOHN F HAVENS II	TRUSTEE	0.25	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	$195,539	$253,145	$1,692,987	$-57,606
2023	$190,585	$241,635	$1,750,192	$-51,050
2022	$188,593	$254,630	$1,818,872	$-66,037
2021	$184,678	$239,717	$1,881,609	$-55,039
2020	$192,646	$232,431	$1,927,800	$-39,785
2019	$176,073	$251,135	$1,968,890	$-75,062
2018	$164,243	$242,937	$2,046,984	$-78,694

FREEDOM HOUSE SENIOR COMMUNITY INC