Better Business Bureau Report for
Freedom House

Better Business Bureau Report issued February 2011
Better Business Bureau Report expires February 2013


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Freedom House
Address: 1201 Hull St.
  Richmond, VA 23224
Phone: 804-233-4064
Web Address: www.freedomhouserichmond.org
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Better Business Bureau Comments

Year, State Incorporated: 1983, Virginia
Affiliates: None
Stated Purpose: Our mission is to embrace those in need and in crisis and to welcome them into a stable and supportive environment where self sufficiency and independence may be achieved.

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Evaluation Conclusions

               

Freedom House meets the 20 Standards for Charity Accountability.
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Programs

               

Freedom House runs Richmond's only seven day a week soup kitchen for the homeless and working poor providing over 350 meals a day. Freedom House also provides transitional shelter at two facilities for adults suffering from issues such as substance abuse, mental illness, job loss and challenges in job skills.

For the fiscal year ended June 30, 2010, Freedom House's program expenses were:

  
Conrad Center Soup Kitchen 560,085
Community Shelter 314,105
Sean's Place 71,057
Total Program Expenses: $945,247
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Governance

               

Chief Executive :
Compensation*:

Chair of the Board: Stephen Hayes
Chair's Profession / Business Affiliation: WTVR TV 6 General Manager

Co-Chair of the Board : Jane Conrad

Chair's Profession / Business Affiliation: community volunteer

Co-Chair of the Board : Anne Hines

Chair's Profession / Business Affiliation: Thomas Hines Antiques-Interiors

Board Size: 20

Paid Staff Size: 18

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet
Fund raising costs were 13% of related contributions. (Related contributions, which totaled $636,385, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on Freedom House's audited financial statements for the fiscal year ended June 30, 2010.

Source of Funds  
Contributions & grants 507,085
Contributions In kind 129,222
Program fees 100,167
Govent. awards 94,152
Special Events 66,180
United Way Services 63,120
Other 49,895
Total Income $1,009,821


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Uses of Funds as a % of Total Expenses

Programs: 84%  Fund Raising: 7%  Administrative: 9% 

Total income   $1,009,821
  Program expenses $945,247
  Fund raising expenses 82,118
  Administrative expenses 95,754
 
Total expenses   $1,123,119
Expenses in Excess of Income   (113,298)
Beginning net assets   604,572
Ending net assets   491,274
Total liabilities   1,256,485
Total assets   $1,747,759


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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