Samuel Freeman Charitable Foundation
Samuel Freeman Charitable Foundation consistently distributes assets, with expenses often exceeding revenue and zero officer compensation.
EIN: 136803465 · Dallas, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.8M |
| Total Expenses | $3.7M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $23.7M |
| Transparency Score | 90/100 |
Is Samuel Freeman Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Samuel Freeman Charitable Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Samuel Freeman Charitable Foundation
Samuel Freeman Charitable Foundation (EIN: 136803465) is a nonprofit organization based in Dallas, TX. The organization reported total revenue of $8.8M and total assets of $23.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Samuel Freeman Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Samuel Freeman Charitable Foundation is a mid-size nonprofit that has been operating for 44 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.7M |
| Surplus / Deficit | $-8,184 |
| Total Assets | $23.7M |
| Total Liabilities | $1 |
| Net Assets | $23.7M |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 76.2 months |
Financial Health Grade: B
In 2023, Samuel Freeman Charitable Foundation reported a deficit of $8K with expenses exceeding revenue, holds 76.2 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), Samuel Freeman Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +165.5% | -5.4% | -0.1% |
| 2022 | -26.3% | -1.8% | -9.7% |
| 2021 | +37.7% | +54.8% | -7.4% |
| 2020 | -30.5% | -10.1% | -4.0% |
| 2019 | +19.0% | +18.0% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Samuel Freeman Charitable Foundation with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Samuel Freeman Charitable Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly efficient for an organization with assets exceeding $23 million.
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 Samuel Freeman Charitable Foundation's IRS 990 filings:
- Consistent decline in assets over the past five years, from $29.6M in 2019 to $23.7M in 2023, due to expenses exceeding revenue.
Strengths
The following positive indicators were identified for Samuel Freeman Charitable Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency.
- Minimal liabilities ($0 or $1) across all filings, demonstrating strong financial health.
- Consistent history of IRS 990 filings, providing excellent transparency.
- Active distribution of funds, with expenses often exceeding revenue, fulfilling its grant-making purpose.
Frequently Asked Questions about Samuel Freeman Charitable Foundation
Is Samuel Freeman Charitable Foundation a legitimate charity?
Samuel Freeman Charitable Foundation (EIN: 136803465) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $8.8M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Samuel Freeman Charitable Foundation spend its money?
Samuel Freeman Charitable Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Samuel Freeman Charitable Foundation tax-deductible?
Samuel Freeman Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 136803465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Samuel Freeman Charitable Foundation CEO make?
Samuel Freeman Charitable Foundation's highest-compensated officer earns $0 annually. The organization reported $8.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Samuel Freeman Charitable Foundation located?
Samuel Freeman Charitable Foundation is headquartered in Dallas, Texas and files with the IRS under EIN 136803465.
How many years of IRS 990 filings does Samuel Freeman Charitable Foundation have?
Samuel Freeman Charitable Foundation 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 $8.8M in total revenue.
Is the Samuel Freeman Charitable Foundation a good charity?
Yes, as a grant-making private foundation, it appears to be a good charity. It consistently distributes funds (expenses often exceed revenue), maintains a very healthy balance sheet with minimal liabilities, and reports zero officer compensation, indicating high operational efficiency.
How does the foundation manage its assets?
The foundation's assets have decreased from $29,629,888 in 2019 to $23,728,796 in 2023, largely due to expenses consistently exceeding revenue. This suggests active grant-making and distribution of its endowment rather than accumulation.
What is the foundation's administrative overhead?
The foundation demonstrates extremely low administrative overhead, particularly concerning executive compensation, which is reported as $0 across all filings. This indicates a very high percentage of funds are directed towards its programmatic mission (grant-making).
Filing History
IRS 990 filing history for Samuel Freeman Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Samuel Freeman Charitable Foundation's revenue has grown by 72.3%, moving from $2.2M to $3.7M. Total assets decreased by 15.2% over the same period, from $28.0M to $23.7M. Total functional expenses fell by 1.9%, from $3.8M to $3.7M. In its most recent filing year (2023), Samuel Freeman Charitable Foundation reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $23.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $23.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $3.7M | $23.7M | $1 | — | View 990 |
| 2022 | $1.4M | $3.9M | $23.8M | $1 | — | View 990 |
| 2021 | $1.9M | $4.0M | $26.3M | $1 | — | View 990 |
| 2020 | $1.4M | $2.6M | $28.4M | $1 | — | — |
| 2019 | $2.0M | $2.9M | $29.6M | $1 | — | View 990 |
| 2015 | $1.7M | $2.4M | $29.8M | $0 | — | View 990 |
| 2014 | $2.9M | $2.3M | $30.5M | $0 | — | View 990 |
| 2013 | $4.1M | $2.3M | $29.9M | $0 | — | View 990 |
| 2012 | $2.8M | $2.6M | $28.1M | $0 | — | View 990 |
| 2011 | $2.2M | $3.8M | $28.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $3.7M, and assets of $23.7M (revenue +165.5% year-over-year).
- 2022: Revenue of $1.4M, expenses of $3.9M, and assets of $23.8M (revenue -26.3% year-over-year).
- 2021: Revenue of $1.9M, expenses of $4.0M, and assets of $26.3M (revenue +37.7% year-over-year).
- 2020: Revenue of $1.4M, expenses of $2.6M, and assets of $28.4M (revenue -30.5% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.9M, and assets of $29.6M (revenue +19.0% year-over-year).
- 2015: Revenue of $1.7M, expenses of $2.4M, and assets of $29.8M (revenue -42.1% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.3M, and assets of $30.5M (revenue -29.1% year-over-year).
- 2013: Revenue of $4.1M, expenses of $2.3M, and assets of $29.9M (revenue +44.1% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.6M, and assets of $28.1M (revenue +30.5% year-over-year).
- 2011: Revenue of $2.2M, expenses of $3.8M, and assets of $28.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Samuel Freeman Charitable Foundation:
Data Sources and Methodology
This transparency report for Samuel Freeman Charitable Foundation 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.