PHuman ServicesEIN: 382144338· Ruling Year: 1978

Freedom Adult Foster Care Corp

Clarkston, Michigan

B-Health Score
45B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

💰
$5.2M
Total Revenue
📊
$5.2M
Total Expenses
🏦
-$3K
Net Assets
📋
$791K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.4%
Year-over-year change (2021 → 2022)
Net Margin
+0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.00
Net assets divided by total expenses
Liabilities-to-Assets
100.3%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2022$5,193,37310%$5,190,7359%$788,77526%
2021$4,706,18111%$4,746,4616%$624,61818%
2019$4,242,3096%$4,490,433$528,39711%
2018$4,522,2923%$4,475,6124%$595,3566%
2017$4,668,3737%$4,666,1987%$559,52918%
2016$5,043,2149%$5,036,39310%$686,1915%
2015$5,519,76610%$5,609,4037%$720,69819%
2014$6,141,3175%$6,038,9687%$892,70015%
2013$6,437,1417%$6,461,2219%$777,65020%
2012$6,009,65112%$5,941,84110%$648,39315%
2011$5,361,942$5,419,522$562,125

Frequently Asked Questions

What does Freedom Adult Foster Care Corp do?

Freedom Adult Foster Care Corp is a human services nonprofit organization based in Michigan. It is classified under NTEE code P73Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Freedom Adult Foster Care Corp financially healthy?

Based on our 9-metric Financial Health Score model, Freedom Adult Foster Care Corp has a score of 45/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Freedom Adult Foster Care Corp generate?

Freedom Adult Foster Care Corp reports $5.4M in annual revenue and holds $671K in total assets, based on IRS filings.

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