Is Freedom Mission Foundation Legit?

Quick charity verification for Freedom Mission Foundation (EIN: 208063070)

Verdict: Freedom Mission Foundation shows mixed signals

65/100Mission Score

$16KRevenue

$128KAssets

2Red Flags

2Strengths

Red Flags

Consistent operational deficits (e.g., $16,495 revenue vs. $24,345 expenses in 201912)
Declining asset base over recent years (from $174,386 in 201412 to $128,228 in 201912)

Strengths

0% officer compensation across all filings, indicating very low executive overhead
Minimal liabilities reported across all periods, suggesting good financial management of debt

Spending Breakdown

How Freedom Mission Foundation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

20%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Freedom Mission Foundation

Is Freedom Mission Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Freedom Mission Foundation (EIN: 208063070) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.

Is Freedom Mission Foundation a good charity to donate to?

Freedom Mission Foundation has a Mission Score of 65/100. Revenue: $16K. Assets: $128K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Freedom Mission Foundation?

The Employer Identification Number (EIN) for Freedom Mission Foundation is 208063070. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Freedom Mission Foundation spend its money?

Freedom Mission Foundation allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Freedom Mission Foundation's tax-exempt status?

You can verify Freedom Mission Foundation's tax-exempt status using EIN 208063070 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Freedom Mission Foundation appears to be a very small organization with limited financial activity. In its latest filing (201912), the organization reported revenue of $16,495 and expenses of $24,345, indicating a deficit for that period. This trend of expenses exceeding revenue is common across several filing periods, such as 201912 ($24,345 expenses vs. $16,495 revenue), 201512 ($12,290 expenses vs. $9,496 revenue), 201212 ($28,768 expenses vs. $19,730 revenue), and 201112 ($16,989 expenses vs. $5,234 revenue). The organization's assets have fluctuated, decreasing from $174,386 in 201412 to $128,228 in 201912, while liabilities remain minimal, suggesting a stable, albeit small, balance sheet.

The consistent reporting of 0% officer compensation across all available filings indicates that executive leadership is not drawing a salary from the organization, which is a positive sign for donor confidence regarding administrative costs. However, the consistent operational deficits raise questions about the long-term sustainability of its programs without a significant increase in funding or a reduction in expenses. Given the small scale, detailed breakdowns of program vs. administrative spending are not readily available in the provided summary, making a precise efficiency assessment challenging beyond the lack of executive compensation.

Overall, Freedom Mission Foundation demonstrates a commitment to minimizing executive overhead, but its financial health is characterized by modest revenue and recurring operational deficits. Its transparency is good in terms of officer compensation, but the overall financial picture suggests a need for improved fundraising or expense management to achieve financial equilibrium.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.