Farmington-freedom Non-profit Housing Corporation
501(c)(2)
Only null% goes to programs Strong reserves
Farmington-freedom Non-profit Housing Corporation is a 501(c)(2) organization based in Farmington Hills, Michigan, registered in 1982, with $535,179 in FY2024 revenue. CharityIndex grades it B.
28104 Orchard Lake Rd 117, Farmington Hills, MI, 48334 EIN 38-2366390 Since 1982
Revenue (FY2024)
$535K
▲ 8.8% vs prior year
Expenses (FY2024)
$548K
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Farmington-freedom Non-profit Housing Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating29 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Farmington-freedom Non-profit Housing Corporation: 29 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Farmington-freedom Non-profit Housing Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Farmington-freedom Non-profit Housing Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 28104 Orchard Lake Rd 117, Farmington Hills, MI, 48334
- City
- Farmington Hills
- State
- Michigan
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $364K (FY2013) to $535K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $46KNet assets $1.3M
Operating margin
-2.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$46K
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $535,179▲8.8% | $548,373▲3.8% | $1,330,908▼1.0% | $1,377,234▼1.1% | 990 |
| 2023 | $491,670▼14.6% | $528,445▼1.9% | $1,344,102▼2.7% | $1,392,547▼5.0% | 990 |
| 2022 | $575,395▼2.6% | $538,483▲12.1% | $1,380,877▲2.7% | $1,466,011▲7.5% | 990 |
| 2021 | $590,820▼6.5% | $480,327▲13.9% | $1,343,965▲9.0% | $1,363,638▲9.9% | 990 |
| 2020 | $631,727▼10.2% | $421,698▼1.6% | $1,233,472▲20.5% | $1,241,181▲20.4% | 990 |
| 2019 | $703,626▲36.5% | $428,577▲3.7% | $1,023,443▲36.8% | $1,031,176▲32.2% | 990 |
| 2018 | $515,463▲22.9% | $413,255▼3.4% | $748,394▲15.8% | $779,999▲10.0% | 990 |
| 2017 | $419,477▼0.7% | $427,979▲18.1% | $646,186▼1.3% | $709,077▼4.9% | 990 |
| 2016 | $422,527▲2.5% | $362,358▲1.6% | $654,688▲10.1% | $745,957▲4.8% | 990 |
| 2015 | $412,371▲2.7% | $356,663▼7.8% | $594,519▲10.3% | $711,883▲3.7% | 990 |
| 2014 | $401,380▲10.3% | $386,837▲15.5% | $538,811▲2.8% | $686,545▼1.4% | 990 |
| 2013 | $364,055 | $334,847▲0.7% | $524,268▲5.9% | $696,393▲2.0% | 990 |
| 2012 | — | $332,624 | $495,060 | $682,920 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Farmington-freedom Non-profit Housing Corporation a legitimate nonprofit?
- Yes. Farmington-freedom Non-profit Housing Corporation is a 501(c)(2) organization registered with the U.S. Internal Revenue Service under EIN 38-2366390, based in Farmington Hills, Michigan.
- What is Farmington-freedom Non-profit Housing Corporation's EIN?
- Farmington-freedom Non-profit Housing Corporation's Employer Identification Number (EIN) is 38-2366390.
- How much revenue does Farmington-freedom Non-profit Housing Corporation report?
- Farmington-freedom Non-profit Housing Corporation reported $535,179 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Farmington-freedom Non-profit Housing Corporation have?
- CharityIndex grades Farmington-freedom Non-profit Housing Corporation B, based on financial health (reserves and operating margin).
More nonprofits in Farmington Hills
Explore more
Data for Farmington-freedom Non-profit Housing Corporation (EIN 38-2366390) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.