Carl M Freeman Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Carl M Freeman Foundation Inc is a 501(c)(3) organization based in Selbyville, Delaware, registered in 2001, with $6,517,448 in FY2024 revenue. CharityIndex grades it B.
31255 Americana Pkwy, Selbyville, DE, 19975 EIN 52-6047536 Since 2001
Revenue (FY2024)
$6.5M
▲ 70.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$5.5M
Net assets
$114.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Carl M Freeman Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating248 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carl M Freeman Foundation Inc: 248 mo reserves · +15% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Carl M Freeman Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carl M Freeman Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 31255 Americana Pkwy, Selbyville, DE, 19975
- City
- Selbyville
- State
- Delaware
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue grew from $2.1M (FY2015) to $6.5M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $144Net assets $114.1M
Operating margin
15.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$114.1M
Total liabilities
$144
Net assets
$114.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,517,448▲70.4% | $5,517,673▼14.6% | $114,137,457▲3.1% | $114,137,601▲3.0% | 990PF |
| 2023 | $3,824,587▼2.5% | $6,461,686▲64.8% | $110,707,414▲2.8% | $110,783,277▲2.8% | 990PF |
| 2022 | $3,923,022▼52.3% | $3,921,502▼3.7% | $107,665,845▼10.7% | $107,719,665▼10.6% | 990PF |
| 2021 | $8,229,607 | $4,074,052▼39.6% | $120,500,291▲6.6% | $120,531,841▲6.5% | 990PF |
| 2020 | $8,232,085▼80.8% | $6,744,961▲168% | $113,012,462▲4.2% | $113,125,221▲4.3% | 990PF |
| 2019 | $42,894,879▲234% | $2,515,205▼13.4% | $108,494,085▲73.0% | $108,510,853▲73.0% | 990PF |
| 2018 | $12,828,893▲242% | $2,904,250▲15.0% | $62,712,186▲16.0% | $62,728,372▲16.0% | 990PF |
| 2017 | $3,750,966▲103% | $2,525,987▲21.3% | $54,048,155▲9.3% | $54,069,317▲9.3% | 990PF |
| 2016 | $1,849,477▼13.2% | $2,082,898▲16.3% | $49,449,836▲3.4% | $49,455,508▲3.4% | 990PF |
| 2015 | $2,130,994 | $1,790,478 | $47,823,389 | $47,828,954 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Similar organizations in Philanthropy
- Philanthropy
Katsujinken Foundation
Newark, DE
$0
annual revenue
- Philanthropy
Star Kids Inc
Hockessin, DE
$0
annual revenue
- Philanthropy
Melanie Ilene Rieger Memorial Foundation Inc
Ocean View, DE
$0
Fannual revenue
- Philanthropy
Jnan Prakash Narayan Sewa Samaj School Inc
Middletown, DE
$0
annual revenue
- Philanthropy
Delaware Seashore Parrot Head Club
Nassau, DE
$0
annual revenue
- Philanthropy
Prince of Piedmont Foundation
Wilmington, DE
$0
annual revenue
Philanthropy
Kiwanis Foundation of Rehoboth Beach Inc
Rehoboth Bch, DE
$0
Fannual revenue
Philanthropy
Horsey Family Youth Foundation Inc
Laurel, DE
$0
Bannual revenue
- Philanthropy
Middletown Odessa Rotary Club
Middletown, DE
$0
Cannual revenue
- Philanthropy
Society For Medical Care Improvement and Lasting Education-
Bear, DE
$0
annual revenue
Compare Carl M Freeman Foundation Inc
Frequently asked questions
- Is Carl M Freeman Foundation Inc a legitimate nonprofit?
- Yes. Carl M Freeman Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-6047536, based in Selbyville, Delaware. Donations are tax-deductible.
- What is Carl M Freeman Foundation Inc's EIN?
- Carl M Freeman Foundation Inc's Employer Identification Number (EIN) is 52-6047536.
- How much revenue does Carl M Freeman Foundation Inc report?
- Carl M Freeman Foundation Inc reported $6,517,448 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Carl M Freeman Foundation Inc have?
- CharityIndex grades Carl M Freeman Foundation Inc B, based on financial health (reserves and operating margin).
More nonprofits in Selbyville
Explore more
Data for Carl M Freeman Foundation Inc (EIN 52-6047536) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.