Civic Intelligence

Twbd Inc

EIN 27-0248325 • 501(c)3 • Burlingame, CA

Profile

Freedom house brings hope, restoration and a new life to survivors of human trafficking by providing transitional housing and long-term aftercare services.

P O Box 2065Burlingame, CA 94011

www.freedomhousesf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

6.26x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

86th percentile

0.19x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

11th percentile

-71%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

10th percentile

-95%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-34%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$11,167

Down $195,430 (-95%) from 2019

Liabilities

Up

$69,949

Up $69,949 from 2019

Net Assets

Down

-$58,782

Down $265,379 (-128%) from 2019

Revenue

Down

$376,003

Down $189,720 (-34%) from 2019

Expenses

Up

$641,382

Up $56,812 (+9.7%) from 2019

Net Income

Down

-$265,379

Down $246,532 (-1308%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$200K$0-$200KAssets 2012: $111,831Liabilities 2012: $0Net Assets 2012: $111,8312012Assets 2013: $370,560Liabilities 2013: $0Net Assets 2013: $370,5602013Assets 2014: $244,110Liabilities 2014: $899Net Assets 2014: $243,2112014Assets 2015: $321,450Liabilities 2015: $0Net Assets 2015: $321,4502015Assets 2016: $280,624Liabilities 2016: $0Net Assets 2016: $280,6242016Assets 2017: $284,939Liabilities 2017: $0Net Assets 2017: $284,9392017Assets 2018: $225,440Liabilities 2018: $0Net Assets 2018: $225,4402018Assets 2019: $206,597Liabilities 2019: $0Net Assets 2019: $206,5972019Assets 2020: $11,167Liabilities 2020: $69,949Net Assets 2020: -$58,7822020

Highlighted filing

2020

Assets$11,167
Liabilities$69,949
Net Assets-$58,782

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2012: $336,0772012Revenue 2013: $808,983Expenses 2013: $550,354Net Income 2013: $258,6292013Revenue 2014: $713,981Expenses 2014: $841,330Net Income 2014: -$127,3492014Revenue 2015: $813,490Expenses 2015: $736,814Net Income 2015: $76,6762015Revenue 2016: $765,489Expenses 2016: $806,764Net Income 2016: -$41,2752016Revenue 2017: $646,415Expenses 2017: $642,790Net Income 2017: $3,6252017Revenue 2018: $639,803Expenses 2018: $697,448Net Income 2018: -$57,6452018Revenue 2019: $565,723Expenses 2019: $584,570Net Income 2019: -$18,8472019Revenue 2020: $376,003Expenses 2020: $641,382Net Income 2020: -$265,3792020

Highlighted filing

2020

Revenue$376,003
Expenses$641,382
Net Income-$265,379

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 28, 2021
Return Version
2020v4.0
Gross Receipts
$399,703
Mission and Program Overview

Mission

Freedom house brings hope, restoration and a new life to survivors of human trafficking by providing transitional housing and long-term aftercare services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$16,337--
Cash and Non-Interest-Bearing Accounts$92,784$11,017▼ $81,767
Savings and Temporary Cash Investments$97,476$150▼ $97,326
Total Assets$206,597$11,167▼ $195,430
Liabilities
Other Liabilities-$69,949-
Total Liabilities$0$69,949▲ $69,949
Net Assets / Fund Balance
Net Assets With Donor Restrictions$37,500--
Net Assets Without Donor Restrictions$169,097$-58,782▼ $227,879
Total Net Assets Fund Balance$206,597$-58,782▼ $265,379
Total Liabilities and Net Assets / Fund Balance$206,597$11,167▼ $195,430
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jaida ImExecutive DiFT$54,102$4,124$58,226

Board Members and Trustees

NameTitle
Hanna KangBoard Member
Karl ImBoard Member
Sarah ChowBoard Member
Thomas LeeBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$361,444
Program Service Revenue
$12,648
Investment Income
$1,911
Other Revenue
$0
All Other Contributions
$361,444
Change in Net Assets
$-265,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$323,634
Other Expenses$198,248
Grants and Similar Amounts Paid$119,500
Total Fundraising Expense$50,971
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$217,346--$217,346
Grants to Domestic Individuals$80,000--$80,000
Current Officers, Directors, Trustees, and Key Employees$32,025$26,202-$58,227
Occupancy$54,554--$54,554
Advertising--$49,559$49,559
Fees for Services Other$43,256$4,262-$47,518
Grants to Domestic Orgs$39,500--$39,500
Payroll Taxes$22,657$1,913-$24,570
Other Employee Benefits$23,491--$23,491
Conferences and Meetings$11,357-$317$11,674
Fees for Services Accounting-$8,406-$8,406
Travel$7,655--$7,655
Office Expenses-$6,533$1,095$7,628
Insurance$818$5,125-$5,943
Interest-$3,103-$3,103
Information Technology$213$290-$503
Other Expenses$28--$28
Total Functional Expenses$534,577$55,834$50,971$641,382
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fremont Community ChurchFremont, CAChurchSimilar Mission$37,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Ppp Loan$69,949
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Jaida im karl im board member board member spouses

Form 990, Page 6, Part VI, Line 11B

The full board of directors reviews the 990 at a meeting prior to the filing with the irs

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest are addressed in the bylaws as follows: 12.1 contracts with directors or officer. Except as otherwise permitted by applicable law, no director or officer of the company nor any other corporation, firm, association, or other entity in which one or more of the company's directors or officers have a material financial interest, shall enter into, whether directly or indirectly, any contract or transaction with the company, unless (a) the material facts regarding a director's or officer's financial interest in such contract or transaction or regarding such common directorship, officership, or financial interest are fully disclosed in good faith to the board of directors and noted in the minutes, or are known to all directors prior to the board's consideration of such contract or transaction; (b) such contract or transaction is authorized in good faith by a majority of the board then in office by a vote sufficient in that purpose without counting the votes of the interested director or directors; (c) before authorizing or approving the transaction, the board considers and in good faith decides after reasonable investigation under the circumstances that the company could not obtain a more advantageous arrangement with reasonable effort under the circumstances; and (d) the company for its own benefit enters into the transaction, which is fair and reasonable to the company at the time the transaction is entered into.

Form 990, Page 6, Part VI, Line 15A

Following procedures set forth by the national council of nonprofits, the executive director salary and benefit compensation was determined by the board of directors by using the 2013 compensation & benefits survey report of northern california nonprofits, created by nonprofits compensation associates, and other available resources.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are available to anyone upon request. There are plans to post them on the agency's website in the near future.

Filing and Contact Details

Filer

Filer Name
Twbd Inc
EIN
27-0248325
Phone
6504880831
Address
P O BOX 2065, BURLINGAME, CA 94011
Doing Business As
Freedom House

Signing Officer

Name
Karl Im
Title
Board Member
Phone
6504880831
Signed
2021-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jaida Im
Formed
2009
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
10

Preparer

Firm
Marjtax Incorporated
Address
3542 FRUITVALE AVE, OAKLAND, CA 94602-2327
Preparer
Marjorie Williams-jones
Phone
5104826204
Supplemental Narrative

Additional Explanations

Form 990, Part III

In 2010, freedom house opened the monarch shelter, the first "safe house- and long-term aftercare program of its kind in northern california for adult female survivors of human trafficking. Located in san mateo county, the monarch addresses the specific needs of survivors who require transitional housing in a confidential location and core services to heal from the physical wounds and psychological trauma after they have been freed from bondage. By providing survivors of commercial sexual exploitation, forced labor and domestic servitude with mental-health counseling, educational resources and career opportunities, the monarch's case management team strives to break the cycle of poverty by supporting women 18 years and older in their journey to become independent and self- sufficient. Freedom house is one of the few organizations in the country that serves both u.s.-born survivors and international victims who are trafficked into the united states.

Raw XML Appendix392 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN 2010, FREEDOM HOUSE OPENED THE MONARCH SHELTER, THE FIRST "SAFE HOUSE- AND LONG-TERM AFTERCARE PROGRAM OF ITS KIND IN NORTHERN CALIFORNIA FOR ADULT FEMALE SURVIVORS OF HUMAN TRAFFICKING. LOCATED IN SAN MATEO COUNTY, THE MONARCH ADDRESSES THE SPECIFIC NEEDS OF SURVIVORS WHO REQUIRE TRANSITIONAL HOUSING IN A CONFIDENTIAL LOCATION AND CORE SERVICES TO HEAL FROM THE PHYSICAL WOUNDS AND PSYCHOLOGICAL TRAUMA AFTER THEY HAVE BEEN FREED FROM BONDAGE. BY PROVIDING SURVIVORS OF COMMERCIAL SEXUAL EXPLOITATION, FORCED LABOR AND DOMESTIC SERVITUDE WITH MENTAL-HEALTH COUNSELING, EDUCATIONAL RESOURCES AND CAREER OPPORTUNITIES, THE MONARCH'S CASE MANAGEMENT TEAM STRIVES TO BREAK THE CYCLE OF POVERTY BY SUPPORTING WOMEN 18 YEARS AND OLDER IN THEIR JOURNEY TO BECOME INDEPENDENT AND SELF- SUFFICIENT. FREEDOM HOUSE IS ONE OF THE FEW ORGANIZATIONS IN THE COUNTRY THAT SERVES BOTH U.S.-BORN SURVIVORS AND INTERNATIONAL VICTIMS WHO ARE TRAFFICKED INTO THE UNITED STATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JAIDA IM KARL IM BOARD MEMBER BOARD MEMBER SPOUSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FULL BOARD OF DIRECTORS REVIEWS THE 990 AT A MEETING PRIOR TO THE FILING WITH THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICTS OF INTEREST ARE ADDRESSED IN THE BYLAWS AS FOLLOWS: 12.1 CONTRACTS WITH DIRECTORS OR OFFICER. EXCEPT AS OTHERWISE PERMITTED BY APPLICABLE LAW, NO DIRECTOR OR OFFICER OF THE COMPANY NOR ANY OTHER CORPORATION, FIRM, ASSOCIATION, OR OTHER ENTITY IN WHICH ONE OR MORE OF THE COMPANY'S DIRECTORS OR OFFICERS HAVE A MATERIAL FINANCIAL INTEREST, SHALL ENTER INTO, WHETHER DIRECTLY OR INDIRECTLY, ANY CONTRACT OR TRANSACTION WITH THE COMPANY, UNLESS (A) THE MATERIAL FACTS REGARDING A DIRECTOR'S OR OFFICER'S FINANCIAL INTEREST IN SUCH CONTRACT OR TRANSACTION OR REGARDING SUCH COMMON DIRECTORSHIP, OFFICERSHIP, OR FINANCIAL INTEREST ARE FULLY DISCLOSED IN GOOD FAITH TO THE BOARD OF DIRECTORS AND NOTED IN THE MINUTES, OR ARE KNOWN TO ALL DIRECTORS PRIOR TO THE BOARD'S CONSIDERATION OF SUCH CONTRACT OR TRANSACTION; (B) SUCH CONTRACT OR TRANSACTION IS AUTHORIZED IN GOOD FAITH BY A MAJORITY OF THE BOARD THEN IN OFFICE BY A VOTE SUFFICIENT IN THAT PURPOSE WITHOUT COUNTING THE VOTES OF THE INTERESTED DIRECTOR OR DIRECTORS; (C) BEFORE AUTHORIZING OR APPROVING THE TRANSACTION, THE BOARD CONSIDERS AND IN GOOD FAITH DECIDES AFTER REASONABLE INVESTIGATION UNDER THE CIRCUMSTANCES THAT THE COMPANY COULD NOT OBTAIN A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES; AND (D) THE COMPANY FOR ITS OWN BENEFIT ENTERS INTO THE TRANSACTION, WHICH IS FAIR AND REASONABLE TO THE COMPANY AT THE TIME THE TRANSACTION IS ENTERED INTO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOLLOWING PROCEDURES SET FORTH BY THE NATIONAL COUNCIL OF NONPROFITS, THE EXECUTIVE DIRECTOR SALARY AND BENEFIT COMPENSATION WAS DETERMINED BY THE BOARD OF DIRECTORS BY USING THE 2013 COMPENSATION & BENEFITS SURVEY REPORT OF NORTHERN CALIFORNIA NONPROFITS, CREATED BY NONPROFITS COMPENSATION ASSOCIATES, AND OTHER AVAILABLE RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO ANYONE UPON REQUEST. THERE ARE PLANS TO POST THEM ON THE AGENCY'S WEBSITE IN THE NEAR FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03542 FRUITVALE AVE
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ReturnHeader/PreparerPersonGrp/PhoneNum05104826204
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARJORIE WILLIAMS-JONES
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ReturnHeader/ReturnTs02021-02-28T19:50:21-06:00
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ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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