Cedar Rapids, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Freedom Foundation, founded in 2013, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 168% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 80% operating margin.
The Freedom Foundation serves many needs of active duty, reserve and honorably discharged military veterans. We provide a place for veterans to interact with fellow veterans and share in the camaraderie that they have shared while proudly serving our country. We diligently work within our organization and other organizatins to assist veterans with lodging, food, transportation, financial and physical/mental medical assistance. Our center provides a resource center and guidance to navigate the best path for our individuals' needs. We strive to create close interpersonal relationships and an emotional safety net with all of our veterans.
Veterans food pantry and lunch Program: Veterans receive food throughout the year through meals served as well as delivery of food pantry items to individuals that may have medical or mental health...
Veterans food pantry and lunch Program: Veterans receive food throughout the year through meals served as well as delivery of food pantry items to individuals that may have medical or mental health issues. During 2024, we served 4,053 veteran meals through the veteran's lunch program and 3,610 veterans received goods from the food pantry.
Veterans emergency assistance fund (VEAF) helps veterans when they are a little short financially or with basic items needed (ex. winter coat). We help veterans with their rent, deposits, utilities...
Veterans emergency assistance fund (VEAF) helps veterans when they are a little short financially or with basic items needed (ex. winter coat). We help veterans with their rent, deposits, utilities and auto repairs/tags/registration. We assisted 84 veterans in emergency financial need.
Veterans homeless shelter program: Putting veterans in shelters to keep them off the street and get them into permanent housing. In 2024, this program provided housing for 3 veterans.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,429,425 | $533,503 | +1.7% |
| Expenses | $287,551 | $247,909 | +0.2% |
| Net Income | $1,141,874 | $285,594 | +3.0% |
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 |
|---|---|---|---|---|---|---|
| Lexi Coberly | Executive Dir. | 40.00 |
Officer
|
$62,178 | $0 | $62,178 |
| Brian Eschen | President | 40.00 |
Officer
|
$0 | $0 | $0 |
| Roger Jensen | Vice President | 25.00 |
Officer
|
$0 | $0 | $0 |
| Thomas Ward | Treasurer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,429,425 | $287,551 | $2,232,232 | $1,141,874 |
| 2023 | $533,503 | $247,909 | $1,088,688 | $285,594 |
| 2022 | $344,359 | $191,825 | $803,094 | $152,534 |
| 2021 | $644,869 | $303,940 | $650,560 | $340,929 |
| 2020 | $419,733 | $331,294 | $309,631 | $88,439 |
| 2019 | $266,849 | $222,235 | $221,192 | $44,614 |
| 2018 | $257,926 | $236,103 | $176,578 | $21,823 |
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