Based on the available information, it appears that "P.of.Freedom" may refer to "Point of Freedom," a nonprofit organization based in Euclid, Ohio. Below is a detailed company profile:
Background
Point of Freedom is a 501(c)(3) nonprofit organization dedicated to providing low-cost temporary housing solutions. The organization focuses on offering shelter and support services to individuals in need, aiming to foster stability and self-sufficiency among its beneficiaries.
Key Strategic Focus
The organization's primary objective is to deliver affordable temporary housing to vulnerable populations. By addressing immediate housing needs, Point of Freedom seeks to create a foundation for individuals to rebuild their lives and achieve long-term stability.
Financials and Funding
In the fiscal year ending December 2023, Point of Freedom reported total revenue of $816,953, derived entirely from contributions. Expenses for the same period amounted to $802,369, resulting in a net income of $14,584. The organization's net assets stood at $240,366. Notably, executive compensation accounted for $241,939, representing 30.2% of total expenses.
Leadership Team
The leadership team of Point of Freedom includes:
- Aisha Muhammad: Executive Director
- Tara Polk: Board President
- Charise Green: Director
These individuals play pivotal roles in guiding the organization's strategic direction and operational activities.
Competitor Profile
Market Insights and Dynamics
The low-cost temporary housing sector is characterized by a growing demand for affordable shelter solutions, driven by economic challenges and housing shortages. Nonprofit organizations in this space focus on providing immediate relief and support services to individuals and families experiencing homelessness or housing instability.
Competitor Analysis
Key competitors in the low-cost temporary housing sector include various local and national nonprofit organizations offering similar services. These organizations often collaborate with government agencies and community partners to maximize their impact and reach.
Strategic Collaborations and Partnerships
Point of Freedom collaborates with local community organizations, government agencies, and other nonprofits to enhance its service offerings and extend its reach. These partnerships are essential for providing comprehensive support services to clients and addressing the multifaceted challenges associated with housing instability.
Operational Insights
The organization operates within a competitive landscape of nonprofits addressing housing insecurity. Its focus on low-cost temporary housing positions it to meet immediate needs effectively. However, the reliance on contributions necessitates ongoing fundraising efforts and financial stewardship to maintain and expand services.
Strategic Opportunities and Future Directions
To enhance its impact, Point of Freedom may explore opportunities such as:
- Program Expansion: Developing additional support services, including job training and counseling, to address the root causes of housing instability.
- Funding Diversification: Seeking alternative funding sources, such as grants and partnerships with private sector entities, to ensure financial sustainability.
- Community Engagement: Strengthening community outreach and education initiatives to raise awareness and garner support for the organization's mission.
By leveraging its existing strengths and exploring these strategic opportunities, Point of Freedom can continue to provide vital services to those in need and contribute to long-term solutions for housing insecurity.
