Jack & Pauline Freeman Foundation Inc
Jack & Pauline Freeman Foundation Inc maintains over $1 million in assets with minimal liabilities and no reported officer compensation.
EIN: 136266429 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $83K |
| Program Spending | 75% |
| Net Assets | $1.3M |
| Transparency Score | 70/100 |
Is Jack & Pauline Freeman Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jack & Pauline Freeman Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jack & Pauline Freeman Foundation Inc
Jack & Pauline Freeman Foundation Inc (EIN: 136266429) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $1.3M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jack & Pauline Freeman Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jack & Pauline Freeman Foundation Inc is a mid-size nonprofit that has been operating for 58 years, with 5 years of IRS 990 filings on record (2012–2016). Revenue has grown at a compound annual rate of -15.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $83K |
| Surplus / Deficit | $-6,675 |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | -8.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 185.3 months |
Financial Health Grade: B
In 2016, Jack & Pauline Freeman Foundation Inc reported a deficit of $7K with expenses exceeding revenue, holds 185.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2012–2016), Jack & Pauline Freeman Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -56.6% | +0.5% | +8.3% |
| 2015 | +104.8% | +10.6% | +8.6% |
| 2014 | +6.5% | -1.4% | +1.0% |
| 2013 | -45.7% | -0.2% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
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 Jack & Pauline Freeman Foundation Inc with a Mission Score of 70 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Jack & Pauline Freeman Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation has been reported across any of the available filings, suggesting either a volunteer-led organization or that executive compensation is categorized differently within the expense structure.
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 Jack & Pauline Freeman Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in summary data
- NTEE Code is unknown, making it difficult to benchmark against similar organizations
Strengths
The following positive indicators were identified for Jack & Pauline Freeman Foundation Inc:
- Strong asset base consistently over $1 million
- Minimal liabilities ($1 across all filings) indicating strong financial health
- Consistent positive net income in most historical periods, allowing for asset growth
- No reported officer compensation, potentially indicating efficient use of funds at the leadership level
Frequently Asked Questions about Jack & Pauline Freeman Foundation Inc
Is Jack & Pauline Freeman Foundation Inc a legitimate charity?
Jack & Pauline Freeman Foundation Inc (EIN: 136266429) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. It has 5 years of IRS 990 filings on record. Total revenue: $1.3M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Jack & Pauline Freeman Foundation Inc spend its money?
Jack & Pauline Freeman Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Jack & Pauline Freeman Foundation Inc tax-deductible?
Jack & Pauline Freeman Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136266429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jack & Pauline Freeman Foundation Inc's spending goes to programs?
Jack & Pauline Freeman Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Jack & Pauline Freeman Foundation Inc located?
Jack & Pauline Freeman Foundation Inc is headquartered in Portland, Maine and files with the IRS under EIN 136266429.
How many years of IRS 990 filings does Jack & Pauline Freeman Foundation Inc have?
Jack & Pauline Freeman Foundation Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
What is the specific mission of the Jack & Pauline Freeman Foundation Inc?
The provided data does not specify the mission of the organization. This information would typically be found in Part III of the IRS Form 990.
How does the organization allocate its expenses between program services, administration, and fundraising?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. A review of the full IRS Form 990, specifically Part IX, would be required to determine these allocations.
Why is there no officer compensation reported in any of the filings?
The consistent reporting of 0% officer compensation across all filings suggests that the organization may be entirely volunteer-run at the executive level, or that compensation is reported under a different expense line item not specified in this summary data.
What caused the significant increase in revenue to $1,322,971 in the latest period compared to previous years?
The provided data does not specify the source of the revenue increase. This could be due to a large donation, investment gains, or other income streams, which would be detailed in Part VIII of the IRS Form 990.
Filing History
IRS 990 filing history for Jack & Pauline Freeman Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2012–2016), Jack & Pauline Freeman Foundation Inc's revenue has declined by 48.6%, moving from $149K to $76K. Total assets increased by 19.1% over the same period, from $1.1M to $1.3M. Total functional expenses rose by 9.3%, from $76K to $83K. In its most recent filing year (2016), Jack & Pauline Freeman Foundation Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $76K | $83K | $1.3M | $1 | — | View 990 |
| 2015 | $176K | $83K | $1.2M | $1 | — | View 990 |
| 2014 | $86K | $75K | $1.1M | $1 | — | View 990 |
| 2013 | $81K | $76K | $1.1M | $1 | — | View 990 |
| 2012 | $149K | $76K | $1.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $76K, expenses of $83K, and assets of $1.3M (revenue -56.6% year-over-year).
- 2015: Revenue of $176K, expenses of $83K, and assets of $1.2M (revenue +104.8% year-over-year).
- 2014: Revenue of $86K, expenses of $75K, and assets of $1.1M (revenue +6.5% year-over-year).
- 2013: Revenue of $81K, expenses of $76K, and assets of $1.1M (revenue -45.7% year-over-year).
- 2012: Revenue of $149K, expenses of $76K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jack & Pauline Freeman Foundation Inc:
Data Sources and Methodology
This transparency report for Jack & Pauline Freeman Foundation Inc 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.