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North Carolina · Nonprofit

FREEDOM COMMUNITIES

FREEDOM COMMUNITIES (North Carolina) receives grants from 44 organizations whose IRS filings report $9,502,957 to it, the largest being FOUNDATION FOR THE CAROLINAS ($2,059,750). 27 of them have funded it in more than one year.

Revenue FY2024
$5.1M
Funders on record
44
Grants received
$9.5M
Net assets
$6.2M
27/44 repeat funderspeak grant-dependency 67%
01What it does

What Freedom Communities does

Mission

We drive holistic family and community transformation through innovative programs and real estate investments in the freedom drive corridor.

As stated on its FY2024 Form 990.

Programs

  1. Family stability: Freedom Communities' moms moving forward program (mmf) takes a holistic and community-based approach to drive upward mobility and family stability for single mothers and their children. During our paid 12 month program, we work simultaneously with each participant and her child (ren), connecting them to holistic resources as they build a network of support with other families. After launching the program in july of 2020, we have successfully launched 11 cohorts of the program and graduated 9, impacting 503 women and children.

    $847,555 spent
    52% of program spending
  2. Early education: we center our programmatic work around a two-generation approach combining parent and child interventions to build family strength and optimal child development. We partner with mothers in our moms moving forward program, linking each mother to holistic resources to support the educational success of her child(ren). Upon learning that the corridor was a "childcare desert" for ages 0-3, we partnered with a local leader and preschool provider responsible for generating the best readers in our neighborhood schools to expand her existing center on-site at our tuck opportunity hub. The center opened in january of 2022 with space for 77 children.

    $275,862 spent
    17% of program spending
  3. Housing & economic development: we are place-based, intentionally limiting our geographic service area to go deep and work holistically with families. With a tagline of "family-centered community transformation", we invest simultaneously in families and in infrastructure so that as families transform, their community does too. Beyond mmf, we continue to invest in the development of the freedom drive corridor to create an environment in which all families can thrive. We have leveraged cross-sector partnerships to create affordable rental and homeownership opportunities. In august 2024, we launched the freedom business collective, a small business hub providing affordable office space, networking events, and education/training to small business owners on charlotte's west side.

    $520,493 spent$556,629 earned by the program
    32% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,643,910.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($123k) Expenses 100 ($53k) Net assets 100 ($70k)2018 Revenue 362 ($445k) Expenses 911 ($479k) Net assets 52 ($37k)2020 Revenue 954 ($1.2M) Expenses 1174 ($617k) Net assets 1498 ($1.1M)2021 Revenue 1241 ($1.5M) Expenses 1783 ($937k) Net assets 2280 ($1.6M)2022 Revenue 2126 ($2.6M) Expenses 2851 ($1.5M) Net assets 3862 ($2.7M)2023 Revenue 1981 ($2.4M) Expenses 3633 ($1.9M) Net assets 4611 ($3.2M)2024 Revenue 4111 ($5.1M) Expenses 3990 ($2.1M) Net assets 8812 ($6.2M)
2017201820202021202220232024
Revenue (4111)Expenses (3990)Net assets (8812)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $2.8M to $5.8M (+103%).

$70k
$37k
$1.7M
$2.8M
$5.8M
$6.6M
$8.8M
2017201820202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 4% · 2022 2% · 2023 5% · 2024 12%. Grants only. Government contracts and fees sit inside program revenue.

88% of FREEDOM COMMUNITIES’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$70k
’17
−$34k
’18
$556k
’20
$589k
’21
$1.1M
’22
$527k
’23
$3.0M
’24
15
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Tim Sittema

Board chair

As listed on its FY2024 Form 990.

201820202021202220232024
Listed978121114
Joined··+1+5+4+3
No longer listed··0150
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 5 funders to 19 funders, grant income rose $208k → $1.3M.

10 of 44 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 46% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FREEDOM COMMUNITIES’s funders (the co-funder graph). Top 30 of 44 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FREEDOM COMMUNITIES has a broad base — no single funder exceeds 22% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

63% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FREEDOM COMMUNITIES.

22%
largest funder
48%
top three
~10
effective funders

Largest funder’s share by year: 2018 72% · 2019 50% · 2020 33% · 2021 34% · 2022 31% · 2023 28% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

67% of FREEDOM COMMUNITIES's funders are still giving 3 years after their first grant; 61% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

59% of FREEDOM COMMUNITIES's grant income comes from North Carolina funders.

MN
MA
PA
NJ
CO
MO
KY
VA
DE
NM
NC
TX
FL

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $4.3M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FREEDOM COMMUNITIES runs a healthier operating margin than three-quarters of the 4,203 community improvement nonprofits its size.

Operating margin59% · top quartile
Months of reserve14.8mo · top quartile
Revenue growth (annualized)70% · top quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Organizations like FREEDOM COMMUNITIES

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 15%Fundraising 7%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

85%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 3 related entities

  • Hoskins Community Center LLC · disregarded
  • Fc Marlborough Woods LLC · disregarded
  • Hcr-Fc Marlborough Woods · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FREEDOM COMMUNITIES: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FREEDOM COMMUNITIES?
FREEDOM COMMUNITIES (North Carolina) receives grants from 44 organizations whose IRS filings report $9,502,957 to it, the largest being FOUNDATION FOR THE CAROLINAS ($2,059,750). 27 of them have funded it in more than one year.
How many funders does FREEDOM COMMUNITIES have?
IRS filings report 44 organizations giving $9,502,957 in grants to FREEDOM COMMUNITIES, 27 of which have funded it in more than one year.
Who is the largest funder of FREEDOM COMMUNITIES?
FOUNDATION FOR THE CAROLINAS is the largest funder on record, with $2,059,750 in grants. The full list of funders is on this page.
How can an organization like FREEDOM COMMUNITIES find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 44 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing