Landover, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOMEFREE USA INC, founded in 1994, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $17.2M in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring.
To inform educate and prepare future and existing homeowners for guaranteed mortgage approval and lifelong financial success.
Homeownership Program - to develop within all people the knowledge skills and practices they need to be economically strong and successful homeowners. This program includes HUD Housing Assistance...
Homeownership Program - to develop within all people the knowledge skills and practices they need to be economically strong and successful homeowners. This program includes HUD Housing Assistance administered through the HFUSA network of Affiliate Organizations.
CalHFA - This program provides housing assistance to help potential homeowners acquire and maintain affordable housing. Funds are distributed to affiliate organizations who provide housing counseling...
CalHFA - This program provides housing assistance to help potential homeowners acquire and maintain affordable housing. Funds are distributed to affiliate organizations who provide housing counseling and housing assistance in the area served by the local affiliate.
Cobb County Program - This program provides mortgage assistance and rental assistance to individual family homeowners and renters. The program allocates financial assistance to homeowners and renters...
Cobb County Program - This program provides mortgage assistance and rental assistance to individual family homeowners and renters. The program allocates financial assistance to homeowners and renters who have fallen behind in mortgage and rental payments due to the Pandemic. Homeowners and or renters provide proof of loss of wages and income. Qualifying information is also provided to HFUSA. Upon our completion of the assessment and documentation process the homeowner renter is eligible to receive rental and or mortgage assistance.
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 | $17,217,361 | $34,679,494 | -0.5% |
| Expenses | $17,465,119 | $33,371,977 | -0.5% |
| Net Income | $-247,758 | $1,307,517 | -1.2% |
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 |
|---|---|---|---|---|---|---|
| Marcia J Griffin | President CEO | 40.00 |
Officer
|
$360,811 | $0 | $360,811 |
| Gwendolyn Garnett | Board Member | 40.00 |
Officer
|
$114,211 | $0 | $114,211 |
| Paul Koches | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| James M Griffin | Exec VP | 40.00 |
Officer
|
$244,927 | $0 | $244,927 |
| Christine Gould | Senior Communications Officer | 40.00 |
|
$15,261 | $0 | $15,261 |
| Simone Griffin | Operations Manger | 40.00 |
Officer
|
$101,992 | $0 | $101,992 |
| Milan Griffin | Chief Operations Officer | 40.00 |
Officer
|
$113,376 | $0 | $113,376 |
| Michael Waldreon | Board Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| Marion Cantlo | Chief Information Officer | 40.00 |
Officer
|
$106,320 | $0 | $106,320 |
| Frank Sims | Board Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Megan Moore | Board Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Joseph Ohayon | Board Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Efe Aghimien | Board Director | 1.00 |
Director
|
$0 | $0 | $0 |
| William Lewis | Board Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $17,217,361 | $17,465,119 | $4,583,341 | $-247,758 |
| 2022 | $34,679,494 | $33,371,977 | $7,003,294 | $1,307,517 |
| 2021 | $17,895,333 | $17,808,733 | $5,280,798 | $86,600 |
| 2020 | $12,544,190 | $11,993,589 | $6,644,741 | $550,601 |
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