Freedom Rains Ministries
Freedom Rains Ministries operates on a very small budget with minimal assets and no reported officer compensation.
EIN: 205147238 · Farmington, ME · NTEE: X21 · Updated: 2026-03-28
Is Freedom Rains Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Freedom Rains Ministries directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Freedom Rains Ministries
Freedom Rains Ministries (EIN: 205147238) is a nonprofit organization based in Farmington, ME, classified under NTEE code X21. The organization reported total revenue of $7K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freedom Rains Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Freedom Rains Ministries is a micro nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $8K |
| Surplus / Deficit | +$1K |
| Total Assets | $3K |
| Total Liabilities | $1 |
| Net Assets | $3K |
| Operating Margin | 14.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, Freedom Rains Ministries reported a surplus of $1K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Freedom Rains Ministries's revenue has declined at a compound annual growth rate (CAGR) of -8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +110.5% | +50.9% | +94.7% |
| 2022 | -40.8% | -40.0% | -37.0% |
| 2021 | -21.3% | -8.4% | -36.6% |
| 2020 | -8.9% | +12.6% | -2.6% |
| 2019 | -14.2% | -27.2% | -33.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Freedom Rains Ministries with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Freedom Rains Ministries allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is highly favorable for an organization of its small size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Freedom Rains Ministries's IRS 990 filings:
- Declining revenue trend over the past decade
- Expenses occasionally exceed revenue, indicating potential operational deficits (e.g., 2022, 2021, 2020, 2011)
- Very low asset base provides minimal financial cushion
Strengths
The following positive indicators were identified for Freedom Rains Ministries:
- No reported officer compensation, indicating volunteer leadership or very low executive pay
- Consistently low liabilities, demonstrating strong debt management
- Consistent IRS 990 filing history, indicating transparency for its size
Frequently Asked Questions about Freedom Rains Ministries
Is Freedom Rains Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Freedom Rains Ministries (EIN: 205147238) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Freedom Rains Ministries spend its money?
Freedom Rains Ministries directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Freedom Rains Ministries tax-deductible?
Freedom Rains Ministries is registered as a tax-exempt nonprofit (EIN: 205147238). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Freedom Rains Ministries financially stable?
The organization operates on a very tight budget, with revenues often closely matching or sometimes falling below expenses (e.g., 2022 revenue $4,628 vs. expenses $5,512). Assets are minimal, suggesting limited financial reserves and a reliance on consistent, small-scale donations.
How does Freedom Rains Ministries manage its liabilities?
Freedom Rains Ministries consistently reports extremely low liabilities, often $1, across all available filings. This indicates excellent management of debt and financial obligations.
What is the trend in Freedom Rains Ministries' revenue?
The organization's revenue has shown a general downward trend over the past decade, decreasing from $26,676 in 2011 to $9,742 in 2023, with some fluctuations. This suggests a shrinking operational scale.
Filing History
IRS 990 filing history for Freedom Rains Ministries showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Freedom Rains Ministries's revenue has declined by 63.5%, moving from $27K to $10K. Total assets increased by 292400% over the same period, from $1 to $3K. Total functional expenses fell by 70.6%, from $28K to $8K. In its most recent filing year (2023), Freedom Rains Ministries reported a surplus of $1K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $8K | $3K | $1 | — | — |
| 2022 | $5K | $6K | $2K | $1 | — | View 990 |
| 2021 | $8K | $9K | $2K | $1 | — | — |
| 2020 | $10K | $10K | $4K | $1 | — | — |
| 2019 | $11K | $9K | $4K | $1 | — | View 990 |
| 2015 | $13K | $12K | $6K | $1 | — | View 990 |
| 2014 | $16K | $15K | $5K | $1 | — | View 990 |
| 2013 | $12K | $7K | $5K | $1 | — | View 990 |
| 2012 | $17K | $15K | $1 | $45 | — | View 990 |
| 2011 | $27K | $28K | $1 | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $8K, and assets of $3K (revenue +110.5% year-over-year).
- 2022: Revenue of $5K, expenses of $6K, and assets of $2K (revenue -40.8% year-over-year).
- 2021: Revenue of $8K, expenses of $9K, and assets of $2K (revenue -21.3% year-over-year).
- 2020: Revenue of $10K, expenses of $10K, and assets of $4K (revenue -8.9% year-over-year).
- 2019: Revenue of $11K, expenses of $9K, and assets of $4K (revenue -14.2% year-over-year).
- 2015: Revenue of $13K, expenses of $12K, and assets of $6K (revenue -18.2% year-over-year).
- 2014: Revenue of $16K, expenses of $15K, and assets of $5K (revenue +28.4% year-over-year).
- 2013: Revenue of $12K, expenses of $7K, and assets of $5K (revenue -27.8% year-over-year).
- 2012: Revenue of $17K, expenses of $15K, and assets of $1 (revenue -37.2% year-over-year).
- 2011: Revenue of $27K, expenses of $28K, and assets of $1.
Data Sources and Methodology
This transparency report for Freedom Rains Ministries is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.