Denton Freedom House

The information on this page was last updated 4/6/2023. If you see errors or omissions, please email: [email protected]


Summary

To liberate broken men of their bondage of sin and addiction by the transforming power of the gospel of Jesus Christ, and to equip them to become prosperous disciples of Christ with kingdom vision, purpose, and direction.


Contact information

Mailing address:
Denton Freedom House
3083 Trails End
Aubrey, TX 76227

Website: dentonfreedomhouse.org

Phone: (940) 565-5990

Email: [email protected]


Organization details

EIN: 030540364

CEO/President: Alton D. Schmidt

Chairman: Jeremy Adams

Board size: 7

Founder: Jeremy & Karen Adams

Ruling year: 2005

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2017


Purpose

To liberate broken men of their bondage of sin and addiction by the transforming power of the gospel of Jesus Christ, and to equip them to become prosperous disciples of Christ with kingdom vision, purpose, and direction


Mission statement

Liberate the broken from their bondage of sin & addiction.

Through the transforming power of the Gospel of Jesus Christ

Equip them to become prosperous disciples of Christ with Kingdom vision, purpose & direction


Statement of faith

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating177 of 107729 of 142
Fund acquisition rating636 of 107873 of 142
Resource allocation rating226 of 107838 of 142
Asset utilization rating60 of 107712 of 142

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%6%15%14%1%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%5%11%10%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%87%72%71%73%69%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%6%12%11%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%13%28%29%27%31%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%86%75%77%93%93%
Spending ratio Spending ratio =
Total expenses /
Total revenue
87%92%95%96%94%100%
Program output ratio Program output ratio =
Program services /
Total revenue
69%79%72%74%87%93%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
13%8%5%4%6%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
18%20%8%6%8%-1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%9%13%12%7%7%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.872.151.501.431.321.23
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.602.513.084.394.879.25
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.645.424.626.296.4211.35
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.1899.85116.3285.6132.153.46
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.010.010.010.030.29
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.752.192.581.891.810.75
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%0%0%0%1%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
89%46%67%70%75%79%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$422,536$275,998$173,099$146,770$59,417
Receivables, inventories, prepaids$22,784$15,392$15,334$13,741$18,598
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$445,320$291,390$188,433$160,511$78,015
Long-term investments$0$0$0$0$0
Fixed assets$673,922$602,936$639,338$614,893$643,990
Other long-term assets$174$3,941$0$6,765$0
Total long-term assets$674,096$606,877$639,338$621,658$643,990
Total assets$1,119,416$898,267$827,771$782,169$722,005
 
Liabilities20202019201820172016
Payables and accrued expenses$2,006$2,505$2,201$4,993$8,935
Other current liabilities$2,454$0$0$0$13,600
Total current liabilities$4,460$2,505$2,201$4,993$22,535
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$4,460$2,505$2,201$4,993$22,535
 
Net assets20202019201820172016
Without donor restrictions$1,114,956$890,710$801,040$777,176$694,368
With donor restrictions$0$5,052$24,530$0$5,102
Net assets$1,114,956$895,762$825,570$777,176$699,470
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$2,279,570$1,012,860$878,810$800,440$607,192
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$1,013$511$413$183$100
Other revenue$350,634$402,587$351,796$290,949$274,038
Total other revenue$351,647$403,098$352,209$291,132$274,138
Total revenue$2,631,217$1,415,958$1,231,019$1,091,572$881,330
 
Expenses20202019201820172016
Program services$2,067,393$1,015,550$909,701$954,469$822,546
Management and general$205,636$174,997$147,737$69,231$57,668
Fundraising$138,994$155,219$126,894$6,449$5,321
Total expenses$2,412,023$1,345,766$1,184,332$1,030,149$885,535
 
Change in net assets20202019201820172016
Surplus (deficit)$219,194$70,192$46,687$61,423($4,205)
Other changes in net assets$0$0$0$0$0
Total change in net assets$219,194$70,192$46,687$61,423($4,205)

Compensation

NameTitleCompensation
Jeremy AdamsDirector$72,000
Alton SchmidtCEO$40,000

Compensation data as of: 12/31/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/6/2023. To update the information below, please email: [email protected]


History

Denton Freedom House was founded in the family home of Jeremy and Karen Adams. Their passion for the lost was birthed out of their own story of redemption and the compassion they felt for those who are rejected, hopeless, and written off by society. DFH began by taking in one man back in 2004, and has grown into a ministry with a main campus, multi-phase men's homes, two women's homes, freedom food pantry, two coffee shops and an event center. We welcome men and women from all over the nation and serve an international clientele. We have a growing staff and over 100 volunteers. In addition, our donors and prayer warriors help us offer services at no cost and grow the Kingdom of God. The Gospel of Jesus Christ is at the center of all we do. Thanks to all who take part!


Program accomplishments


Needs