Harold M Freeman Educational Foundation is a 501(c)(3) organization based in San Marcos, Texas, with $630,736 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$631K
▲ 35.8% vs prior year
Expenses (FY2023)
$725K
Net assets
$9.8M
Employees
—
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 Harold M Freeman Educational Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Harold M Freeman Educational Foundation: 162 mo reserves · -15% margin earns a C+ on this criterion. See the exact thresholds →
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 Harold M Freeman Educational Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Harold M Freeman Educational Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $296K (FY2019) to $631K (FY2023) across 5 reported years.
Financial snapshot
Operating margin
-15.0%
Spent more than it raised in the latest fiscal year.
Total assets
$9.8M
Total liabilities
$0
Net assets
$9.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $630,736▲35.8% | $725,179▲92.9% | $9,808,768▼1.6% | $9,808,768▼1.6% | 990 |
| 2022 | $464,597▲57.6% | $375,883▲12.0% | $9,969,665▲0.3% | $9,969,665▲0.3% | 990 |
| 2021 | $294,811▼16.4% | $335,522▼9.2% | $9,942,839▼1.0% | $9,943,519▼1.0% | 990 |
| 2020 | $352,754▲19.1% | $369,586▲9.5% | $10,046,331▲17.1% | $10,047,513▲17.1% | 990 |
| 2019 | $296,117 | $337,422 | $8,578,721 | $8,578,721 | 990 |
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.
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Data for Harold M Freeman Educational Foundation (EIN 74-6334098) 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.