John And Sarah Freeman Foundationinc
John And Sarah Freeman Foundationinc maintains strong asset growth and reports no officer compensation.
EIN: 203939119 · Washington, DC · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $168K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $367,000. |
| Net Assets | $368K |
| Transparency Score | 85/100 |
Is John And Sarah Freeman Foundationinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John And Sarah Freeman Foundationinc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About John And Sarah Freeman Foundationinc
John And Sarah Freeman Foundationinc (EIN: 203939119) is a nonprofit organization based in Washington, DC, classified under NTEE code T20. The organization reported total revenue of $105K and total assets of $218K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John And Sarah Freeman Foundationinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
John And Sarah Freeman Foundationinc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 33.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $205K |
| Total Expenses | $168K |
| Surplus / Deficit | +$37K |
| Total Assets | $368K |
| Total Liabilities | $1 |
| Net Assets | $368K |
| Operating Margin | 18.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 26.2 months |
Financial Health Grade: A
In 2023, John And Sarah Freeman Foundationinc reported a surplus of $37K with revenue exceeding expenses, holds 26.2 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), John And Sarah Freeman Foundationinc's revenue has grown at a compound annual growth rate (CAGR) of 33.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.6% | +28.0% | +11.2% |
| 2022 | +97.4% | +108.0% | +103.8% |
| 2021 | +51.4% | -35.5% | +120.7% |
| 2020 | +0.0% | -31.8% | +3.3% |
| 2019 | +4329.8% | +6.5% | +265.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 John And Sarah Freeman Foundationinc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, John And Sarah Freeman Foundationinc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors receive salaries from the organization, which is highly commendable for a foundation of its size with assets reaching over $367,000.
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 John And Sarah Freeman Foundationinc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for John And Sarah Freeman Foundationinc:
- Consistent 0% officer compensation reported across all filings
- Strong and growing asset base, reaching $367,607 in 2023
- Minimal liabilities, indicating excellent financial health
- Positive net income in most recent years (e.g., $205,231 revenue vs. $168,340 expenses in 2023)
Frequently Asked Questions about John And Sarah Freeman Foundationinc
Is John And Sarah Freeman Foundationinc a legitimate charity?
John And Sarah Freeman Foundationinc (EIN: 203939119) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $105K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does John And Sarah Freeman Foundationinc spend its money?
John And Sarah Freeman Foundationinc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to John And Sarah Freeman Foundationinc tax-deductible?
John And Sarah Freeman Foundationinc is registered as a tax-exempt nonprofit (EIN: 203939119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the John And Sarah Freeman Foundationinc CEO make?
John And Sarah Freeman Foundationinc's highest-compensated officer earns $367,000. annually. The organization reported $105K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of John And Sarah Freeman Foundationinc's spending goes to programs?
John And Sarah Freeman Foundationinc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does John And Sarah Freeman Foundationinc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), John And Sarah Freeman Foundationinc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is John And Sarah Freeman Foundationinc located?
John And Sarah Freeman Foundationinc is headquartered in Washington, Washington DC and files with the IRS under EIN 203939119. It is classified under NTEE code T20.
How many years of IRS 990 filings does John And Sarah Freeman Foundationinc have?
John And Sarah Freeman Foundationinc has 10 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 $105K in total revenue.
Is John And Sarah Freeman Foundationinc a good charity?
Based on the available data, the foundation appears to be a good charity. It consistently maintains strong assets, keeps liabilities minimal, and notably reports 0% officer compensation, suggesting a high dedication to its mission and efficient use of funds.
How has the foundation's revenue trended over time?
The foundation's revenue has fluctuated significantly, ranging from a low of $2,265 in 2015 to a high of $300,000 in 2022, demonstrating variability in its funding sources but also periods of substantial financial intake.
What is the organization's asset-to-liability ratio?
The organization consistently maintains an extremely high asset-to-liability ratio, with liabilities almost always reported as $1, while assets have grown to $367,607 in 2023, indicating exceptional financial stability.
Filing History
IRS 990 filing history for John And Sarah Freeman Foundationinc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), John And Sarah Freeman Foundationinc's revenue has grown by 3111.3%, moving from $6K to $205K. Total assets increased by 19036.2% over the same period, from $2K to $368K. Total functional expenses rose by 2876.8%, from $6K to $168K. In its most recent filing year (2023), John And Sarah Freeman Foundationinc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $1 in liabilities against $368K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $368K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $205K | $168K | $368K | $1 | — | View 990 |
| 2022 | $300K | $132K | $331K | $1 | — | View 990 |
| 2021 | $152K | $63K | $162K | $1 | — | — |
| 2020 | $100K | $98K | $74K | $1 | — | — |
| 2019 | $100K | $144K | $71K | $1 | — | View 990 |
| 2015 | $2K | $135K | $19K | $1 | — | View 990 |
| 2014 | $157K | $87K | $152K | $1 | — | View 990 |
| 2013 | $29K | $17K | $82K | $1 | — | View 990 |
| 2012 | $74K | $7K | $70K | $0 | — | View 990 |
| 2011 | $6K | $6K | $2K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $205K, expenses of $168K, and assets of $368K (revenue -31.6% year-over-year).
- 2022: Revenue of $300K, expenses of $132K, and assets of $331K (revenue +97.4% year-over-year).
- 2021: Revenue of $152K, expenses of $63K, and assets of $162K (revenue +51.4% year-over-year).
- 2020: Revenue of $100K, expenses of $98K, and assets of $74K (revenue +0.0% year-over-year).
- 2019: Revenue of $100K, expenses of $144K, and assets of $71K (revenue +4329.8% year-over-year).
- 2015: Revenue of $2K, expenses of $135K, and assets of $19K (revenue -98.6% year-over-year).
- 2014: Revenue of $157K, expenses of $87K, and assets of $152K (revenue +432.8% year-over-year).
- 2013: Revenue of $29K, expenses of $17K, and assets of $82K (revenue -60.3% year-over-year).
- 2012: Revenue of $74K, expenses of $7K, and assets of $70K (revenue +1059.2% year-over-year).
- 2011: Revenue of $6K, expenses of $6K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for John And Sarah Freeman Foundationinc:
Data Sources and Methodology
This transparency report for John And Sarah Freeman Foundationinc 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.