Philanthropy & Grantmaking
(T700)
990 on File
FREEMAN EDUCATIONAL FOUNDATION 2113
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
56/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$2.1M
Total Revenue
$1.3M
Total Expenses
$29.4M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.5%
Fundraising Efficiency
N/A
Operating Reserve
262.26x
Liability-to-Asset
19.3%
Revenue Diversification
100.0%
Executive Compensation
$217K
Compared with Peers
FY 2024
Compared with 5,337 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.5% | 90.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.5% | 8.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 2.1% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
262.3 mo | 80.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
19.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 89.7% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-0.2% | 21.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.7% | 9.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
36.3% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.1M | $1.3M | $29.4M | 89.5% | 0 |
| 2023 | $2.1M | $1.2M | $28.6M | 94.7% | 0 |
| 2022 | $2.7M | $1.3M | $27.7M | 92.0% | 0 |
| 2021 | $751K | $1.0M | N/A | — | 0 |
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