Freedom House Detroit
- Assets
- $4.8m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 19
- Location
- Detroit, MI
- Founding
- 07/1987
- Data as of
- 12/2023
- EIN
- 38-2487626
Organization Overview
Freedom House Detroit is located in Detroit, MI. The organization was established in 1987. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Freedom House Detroit employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom House Detroit is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Freedom House Detroit generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 9.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FREEDOM HOUSE DETROIT IS A TEMPORARY HOME FOR SURVIVORS OF PERSECUTION FROM AROUND THE WORLD SEEKING LEGAL ASYLUM IN THE UNITED STATES AND CANADA. OUR MISSION IS TO UPHOLD A FUNDAMENTAL AMERICAN PRINCIPLE, ONE INSCRIBED ON THE BASE OF THE STATUE OF LIBERTY, PROVIDING SAFETY FOR THOSE YEARNING TO BREATHE FREE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHELTER EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Drennan CEO (terminated) | Officer | 40 | $45,080 |
Elizabeth Vasquez CEO (current) | Officer | 40 | $85,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $836,223 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,028,141 |
| Noncash contributions included in lines 1a–1f | $82,887 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,864,364 |
| Total Program Service Revenue | $0 |
| Investment income | $145,933 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,675 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,032,972 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,121 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,117 |
| Compensation of current officers, directors, key employees. | $3,026 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $470,714 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,749 |
| Payroll taxes | $44,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $45,994 |
| Fees for services: Accounting | $35,802 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $71,842 |
| Advertising and promotion | $1,464 |
| Office expenses | $25,090 |
| Information technology | $420 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,821 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $929 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,567 |
| Insurance | $35,182 |
| All other expenses | $11,128 |
| Total functional expenses | $1,429,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $506,872 |
| Savings and temporary cash investments | $3,513,084 |
| Pledges and grants receivable | $224,055 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,234 |
| Net Land, buildings, and equipment | $453,997 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,110 |
| Total assets | $4,764,352 |
| Accounts payable and accrued expenses | $82,178 |
| Grants payable | $0 |
| Deferred revenue | $250,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $332,178 |
| Net assets without donor restrictions | $4,255,935 |
| Net assets with donor restrictions | $176,239 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,764,352 |