BROOKLYN, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE FREEDOM FUND, founded in 2013, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $16.7M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $22.5M exceeded revenue, resulting in a 34% operating deficit.
DEMONSTRATING HOW EFFECTIVE INTERVENTIONS CAN PROTECT THOSE AT RISK OF MODERN SLAVERY AND TO SUPPORT THOSE EXPERIENCING MODERN SLAVERY TO LEAVE THE SITUATION. WE INVEST IN COUNTRIES AND SECTORS WITH THE GREATEST INCIDENCE OF MODERN SLAVERY. WE MEASURE THE EFFECTIVENESS OF INTERVENTIONS WITH THE AIM OF DELIVERING SCALABLE PROGRAMS AND SUSTAINABLE PROGRESS. WE CONVENE RESEARCHERS, PRACTITIONERS AND DONORS TO SHARE LESSONS AND BEST PRACTICES, ENSURING THAT OUR PARTNERS' VOICES ARE REPRESENTED. IN THIS WAY, WE CAN MAKE THE CASE FOR SYSTEMS CHANGE AND FOR THE INVESTMENT NEEDED TO SUPPORT MORE FRONTLINE PARTNERS, DRIVING THE PROGRAMMATIC WORK, AND SHIFTS IN POWER, THAT WILL BRING MODERN SLAVERY TO AN END.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $16,745,454 | $13,472,289 | +0.2% |
| Expenses | $22,499,766 | $19,583,402 | +0.1% |
| Net Income | $-5,754,312 | $-6,111,113 | -0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ALAN MCCORMICK THRU NOV | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| FELICITY GOODING THRU NOV | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| NATASHA DOLBY | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| MOLLY GOCHMAN | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| GRACE FORREST THRU NOV | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| PHILIPPE SION THRU NOV | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| MAHENDRA PANDEY | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| ANDREW DOUST | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| KATHARINE BRYANT FROM NOV | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| NICHOLAS GRONO | CEO/PRESIDENT | 40.00 |
Officer
|
$271,557 | $65,053 | $336,610 |
| ZOE MARSHALL | DIR. OF FINANCE/SECRETARY | 40.00 |
Officer
|
$130,112 | $12,984 | $143,096 |
| AMY RAHE | MANAGING DIRECTOR OF NORTH AMERICA | 40.00 |
Key Emp
|
$208,187 | $31,522 | $239,709 |
| DAN VEXLER | MANAGING DIRECTOR OF PROGRAMS | 40.00 |
Highest
|
$134,956 | $13,397 | $148,353 |
| ERIN PHELPS | SENIOR ADVISER TO THE CEO | 40.00 |
Highest
|
$116,040 | $23,686 | $139,726 |
| HAVOVI WADIA | DIRECTOR OF PROGRAMS | 40.00 |
Highest
|
$111,303 | $11,107 | $122,410 |
| YUKI LO | HEAD OF RESEARCH AND EVALUATION | 40.00 |
Highest
|
$102,944 | $10,008 | $112,952 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $16,745,454 | $22,499,766 | $40,897,993 | $-5,754,312 |
| 2022 | $13,472,289 | $19,583,402 | $45,895,614 | $-6,111,113 |
| 2021 | $51,201,158 | $12,709,141 | $51,719,352 | $38,492,017 |
| 2020 | $18,685,548 | $14,948,943 | $12,548,545 | $3,736,605 |
| 2019 | $16,398,424 | $14,941,293 | $9,289,800 | $1,457,131 |
| 2018 | $13,749,650 | $14,409,526 | $7,542,955 | $-659,876 |
Compare THE FREEDOM FUND with other nonprofits in New York and across the country.