FREEDOM HOUSE HOUSING DEVELOPMENT FUND COMPANY INC (EIN 542082224) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

CYNTHIA AMODEO

Phone

9299554511

Tax Period

2023-07-01 to 2024-06-30

FREEDOM HOUSE HOUSING DEVELOPMENT FUND COMPANY INC, founded in 2002, is a small nonprofit in the Human Services sector that reported $448K in total revenue in fiscal year 2023. The organization ran a surplus of $93K, a strong 21% operating margin.

Mission

FREEDOM HOUSE HOUSING DEVELOPMENT FUND COMPANY, INC. IS A NONPROFIT AGENCY WHICH HAS ESTABLISHED THE BUILDING THAT SERVES AS A FULLY ACCESSIBLE DOMESTIC VIOLENCE CRISIS SHELTER FOR PEOPLE WITH DISABILITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $150,520

Investment Income $103

Other Revenue $297,539

TOTAL REVENUE $448,162

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $355,432

Other Expenses $355,432

TOTAL EXPENSES $355,432

Year-over-Year Comparison

	2023	2022	Change
Revenue	$448,162	$448,117	+0.0%
Expenses	$355,432	$357,038	0.0%
Net Income	$92,730	$91,079	+0.0%

Key Indicators

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

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$343,112

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MALCOLM WATTMAN ESQ	CHAIR	2.00	Officer Director	$0	$0	$0
DR RANDOLPH MOWRY	DIRECTOR	2.00	Director	$0	$0	$0
ERICA YOUNGERMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
CYNTHIA AMODEO	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$39,437	$200,361
IAN HYLAND BATES	CHIEF FISCAL OFFICER	1.00	Officer	$0	$20,000	$142,751

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
2025	No data	No data	No data	No data
2024	$448,162	$355,432	$10,651,621	$92,730
2023	$448,117	$357,038	$10,458,891	$91,079
2022	$451,524	$362,629	$10,367,813	$88,895
2021	$450,525	$362,290	$10,278,917	$88,235
2020	$446,558	$347,427	$10,051,033	$99,131
2019	$435,007	$328,138	$9,927,246	$106,869
2018	$433,295	$321,044	$10,172,947	$112,251

FREEDOM HOUSE HOUSING DEVELOPMENT FUND COMPANY INC