James I Freeman Charitable Trust
James I Freeman Charitable Trust maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 207202584 · Texarkana, AR · NTEE: A01 · Updated: 2026-03-28
Is James I Freeman Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James I Freeman Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James I Freeman Charitable Trust
James I Freeman Charitable Trust (EIN: 207202584) is a nonprofit organization based in Texarkana, AR, classified under NTEE code A01. The organization reported total revenue of $3.7M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James I Freeman Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James I Freeman Charitable Trust is a mid-size nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $288K |
| Total Expenses | $268K |
| Surplus / Deficit | +$20K |
| Total Assets | $6.4M |
| Total Liabilities | $1 |
| Net Assets | $6.4M |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 288.7 months |
Financial Health Grade: A
In 2023, James I Freeman Charitable Trust reported a surplus of $20K with revenue exceeding expenses, holds 288.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), James I Freeman Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -88.4% | +28.6% | +0.3% |
| 2022 | +1323.2% | -8.3% | +55.0% |
| 2021 | -4.7% | +3.8% | -1.2% |
| 2020 | -23.7% | -1.0% | -0.8% |
| 2019 | +69.2% | -8.3% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 James I Freeman Charitable Trust with a Mission Score of 85 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, James I Freeman Charitable Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers or key employees receive salaries from the trust. This is highly unusual for an organization of its asset size ($8,828,356) and suggests a volunteer-led structure or that compensation is covered by an affiliated entity, which enhances the perception of funds directly supporting the mission.
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 James I Freeman Charitable Trust's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $2.4M in 2022 vs. $287K in 2023)
- Lack of detailed spending breakdown (program vs. admin/fundraising) in provided summary data for a precise efficiency assessment
Strengths
The following positive indicators were identified for James I Freeman Charitable Trust:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs
- Strong asset base ($8,828,356) relative to annual expenses, providing financial stability
- Minimal liabilities ($1 consistently reported), demonstrating sound financial management and low debt
- Positive net assets growth over time (from $1.6M in 2011 to $8.8M currently)
Frequently Asked Questions about James I Freeman Charitable Trust
Is James I Freeman Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, James I Freeman Charitable Trust (EIN: 207202584) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does James I Freeman Charitable Trust spend its money?
James I Freeman Charitable Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to James I Freeman Charitable Trust tax-deductible?
James I Freeman Charitable Trust is registered as a tax-exempt nonprofit (EIN: 207202584). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the James I Freeman Charitable Trust achieve 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the trust is either entirely volunteer-run, or that any administrative services, including executive functions, are provided pro bono or covered by an affiliated entity, rather than directly by the trust's funds.
What causes the significant fluctuations in annual revenue for the trust?
The substantial variations in annual revenue, such as $2,485,520 in 2022 and $287,971 in 2023, could be due to reliance on large, infrequent donations, investment gains/losses, or specific grant cycles rather than a consistent stream of smaller contributions.
What are the primary program activities of the James I Freeman Charitable Trust?
Based on the NTEE code A01 (Grantmaking Foundations), the trust primarily functions by making grants to other organizations or individuals, rather than directly operating programs. The specific beneficiaries or areas of focus would require reviewing the full 990 forms.
Filing History
IRS 990 filing history for James I Freeman Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), James I Freeman Charitable Trust's revenue has declined by 71.8%, moving from $1.0M to $288K. Total assets increased by 284.5% over the same period, from $1.7M to $6.4M. Total functional expenses rose by 776.8%, from $31K to $268K. In its most recent filing year (2023), James I Freeman Charitable Trust reported a surplus of $20K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $288K | $268K | $6.4M | $1 | — | View 990 |
| 2022 | $2.5M | $208K | $6.4M | $1 | — | View 990 |
| 2021 | $175K | $227K | $4.1M | $1 | — | View 990 |
| 2020 | $183K | $219K | $4.2M | $1 | — | View 990 |
| 2019 | $240K | $221K | $4.2M | $1 | — | View 990 |
| 2015 | $142K | $241K | $4.3M | $0 | — | View 990 |
| 2014 | $132K | $221K | $4.4M | $0 | — | View 990 |
| 2013 | $2.9M | $106K | $4.5M | $0 | — | View 990 |
| 2012 | $101K | $71K | $1.7M | $0 | — | View 990 |
| 2011 | $1.0M | $31K | $1.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $288K, expenses of $268K, and assets of $6.4M (revenue -88.4% year-over-year).
- 2022: Revenue of $2.5M, expenses of $208K, and assets of $6.4M (revenue +1323.2% year-over-year).
- 2021: Revenue of $175K, expenses of $227K, and assets of $4.1M (revenue -4.7% year-over-year).
- 2020: Revenue of $183K, expenses of $219K, and assets of $4.2M (revenue -23.7% year-over-year).
- 2019: Revenue of $240K, expenses of $221K, and assets of $4.2M (revenue +69.2% year-over-year).
- 2015: Revenue of $142K, expenses of $241K, and assets of $4.3M (revenue +7.9% year-over-year).
- 2014: Revenue of $132K, expenses of $221K, and assets of $4.4M (revenue -95.5% year-over-year).
- 2013: Revenue of $2.9M, expenses of $106K, and assets of $4.5M (revenue +2795.2% year-over-year).
- 2012: Revenue of $101K, expenses of $71K, and assets of $1.7M (revenue -90.1% year-over-year).
- 2011: Revenue of $1.0M, expenses of $31K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James I Freeman Charitable Trust:
Data Sources and Methodology
This transparency report for James I Freeman Charitable Trust 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.