Freeman Foundation in Joplin, Missouri (MO)

Organization representatives - add corrected or new information about Freeman Foundation »

Non-representatives - add comments about Freeman Foundation»

Freeman Foundation
Employer Identification Number (EIN)431378264
Name of OrganizationFreeman Foundation
Address1102 W 32nd St, Joplin, MO 64804-3503
ActivitiesOther health services
SubsectionCharitable Organization
Ruling Date02/1986
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period03/2008
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$12,311,175
Amount of Income$3,186,829
Form 990 Revenue Amount$2,062,564
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Hospital, General


Non-representatives - add comments:


CAPTCHA

Your IP address 18.218.129.100 will be logged.

Amount of income in 2008: $3,186,829
This organization: 

 $3,186,829
Other organizations performing similar types of work: 

 $317,271

Assets in 2008: $12,311,175
Freeman Foundation: 

 $12,311,175
Other organizations performing similar types of work: 

 $422,742

Expenses in 2007: $842,013
This organization: 

 $842,013
Other organizations performing similar types of work: 

 $141,917

Income to expenses ratio in 2007: 2.4
This organization: 

 2.4
Other organizations performing similar types of work: 

 0.9

Expenses allocated to program services in 2007: 58.2%
Freeman Foundation: 

 58.2%
Other organizations performing similar types of work: 

 80.9%

Employees paid over $50,000 in 2007: 33.3%
Freeman Foundation: 

 33.3%
Other organizations performing similar types of work: 

 33.3%

Grants share in income in 2007: 91.1%
Freeman Foundation: 

 91.1%
Other organizations performing similar types of work: 

 14.3%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2001200320062007
Total revenue$2,318,889$772,867$4,395,297$2,062,564
Contributions, gifts, grants, and similar amounts received$2,128,984$186,131$4,153,502$1,878,255
Contributions to donor advised funds$0$0
Direct public support$2,128,984$186,131$4,153,502$1,878,255
Indirect public support$0$0$0$0
Government contributions (grants)$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0
Membership dues and assessments$0$0$0$0
Interest on savings and temporary cash investments$0$0$54,802$70,328
Dividends and interest from securities$97,240$126,071$0$0
Net rental income or (loss)$0$0$0$0
Gross rents$0$0$0$0
Less: rental expenses$0$0$0$0
Other investment income$0$0$0$0
Gain or (loss) from sales of assets other than inventory$-24,010$407,060$186,993$113,981
Gross amount from sales of assets other than inventory$2,775,082$16,300,901$1,211,293$1,238,246
Less: cost or other basis and sales expenses$2,799,092$15,893,841$1,024,300$1,124,265
Net income or (loss) from special events and activities$0$11,572$0$0
Gross revenue$0$32,018$0$0
Less: direct expenses other than fundraising expenses$0$20,446$0$0
Gross profit or (loss) from sales of inventory$116,675$0$0$0
Gross sales of inventory, less returns and allowances$440,956$0$0$0
Less: cost of goods sold$324,281$0$0$0
Other revenue$0$42,033$0$0
Total expenses$1,085,633$342,026$584,550$842,013
Program services$235,452$0$215,436$490,202
Management and general$332,997$342,026$0$0
Fundraising$517,184$0$369,114$351,811
Payments to affiliates$0$0$0$0
Net assets or fund balances at end of year$4,558,191$3,076,997$7,667,997$10,937,066
Excess or (deficit) for the year$1,233,256$430,841$3,810,747$1,220,551
Net assets or fund balances at beginning of year$3,174,632$3,509,475$3,667,044$7,667,997
Other changes in net assets or fund balances$150,303$-863,319$190,206$2,048,518
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$842,013$490,202$0$351,811
Grants paid from donor advised funds$0
Other grants and allocations$490,202
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$105,466$0$0$105,466
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$63,301$0$0$63,301
Pension plan contributions not included above$2,333$0$0$2,333
Employee benefits not included above$1,760$0$0$1,760
Payroll taxes$11,228$0$0$11,228
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$5,318$0$0$5,318
Telephone$0$0$0$0
Postage and shipping$704$0$0$704
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$15,319$0$0$15,319
Travel$427$0$0$427
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$145,955$0$0$145,955
Balance Sheets
2001200320062007
Total assets$5,312,669$5,059,172$9,008,624$12,311,175
Cash - non-interest-bearing$99,836$0$0$2,600
Savings and temporary cash investments$2,937,199$0$0$0
Accounts receivable less allowance for doubtful accounts$141,133$0$3,588$0
Pledges receivable less allowance for doubtful accounts$0$50,669$1,085,648$4,221,784
Grants receivable$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0
Inventories for sale or use$0$0$0$0
Prepaid expenses and deferred charges$1,406$51,918$3,366$3,322
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0
Investments - other$28,261$42,938$56,212$62,640
Land, buildings, and equipment less accumulated depreciation$14,824$952$0$0
Other assets, including program-related investments$2,090,010$4,912,695$7,859,810$8,020,829
Total liabilities$754,478$1,982,175$1,340,627$1,374,109
Accounts payable and accrued expenses$14,502$17,950$0$3,000
Grants payable$0$0$0$0
Deferred revenue$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0
Mortgages and other notes payable$0$0$0$0
Other liabilities$739,976$1,964,225$1,340,627$1,371,109
Total liabilities and net assets/fund balances$5,312,669$5,059,172$9,008,624$12,311,175
Total net assets or fund balances$4,558,191$3,076,997$7,667,997$10,937,066
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2001200320062007
Total revenue$2,318,889$772,867$4,395,297$2,062,564
Total revenue, gains, and other support per audited financial statements$2,793,473$1,134,774$4,585,503$2,062,564
Other expenses$474,584$341,461$190,206$0
Net unrealized gains on investments$150,303$341,461$161,206$0
Donated services and use of facilities$0$0$0$0
Recoveries of prior year grants$0$0$0$0
Other$324,281$0$29,000$0
Other revenue$0$-20,446$0$0
Investment expenses$0$0$0$0
Other$0$-20,446$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2001200320062007
Total expenses$1,085,633$342,026$584,550$842,013
Total expenses and losses per audited financial statements$1,409,914$1,567,252$584,550$842,013
Other revenue$324,281$1,225,226$0$0
Donated services and use of facilities$0$0$0$0
Prior year adjustments$0$0$0$0
Losses$0$0$0$0
Other$324,281$1,225,226$0$0
Other expenses$0$0$0$0
Investment expenses$0$0$0$0
Other$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
60$99,431$6,035$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings15
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20063
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$184,309$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$70,328$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$113,981$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organizationType I
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
431704371Freeman-Oak Hill Health SystemYes$488,030
431240629Freeman Neosho HospitalNo$2,172
Total$490,202
Support Schedule
2000200220052006
Total$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0
Membership fees received$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0
Other income$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Freeman Foundation to others? (optional)
  
Add photo of Freeman Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Log in»  |   Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Ancient Free & Accepted Masons Of Missouri in Joplin, MO
*****
Alano Society Of St Louis Missouri Inc in Saint Louis, MO
*****
Kiwanis International Inc, Kiwanis Club Of Pulaski County in Waynesville, MO
*****
Missouri Peach Fair C/O Janice Schatz in Campbell, MO
Harvest Home Inc in Holden, MO
Our Fathers House 1 in City Florissant, MO
*****
Ozark Haven Rescue in Cabool, MO
*****
Peacekv in Kirksville, MO
****
Doggy Doodles Adoptions in Saint Louis, MO
*
Noel School Alumni Association in Noel, MO
*****
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Freeman Foundation1102 W 32nd St, Joplin, MO 64804-3503MO1986-02$3,186,829
2Glennon Hospital Guild1465 S Grand Blvd, Saint Louis, MO 63104-1003MO1946-03$109,197
3The Degen FoundationPO BOX 10366, Fort Smith, AR 72917-0366AR1983-08$61,048,207
4Valley Hospital Foundation223 N Van Dien Ave, Ridgewood, NJ 07450-2726NJ1980-12$37,749,118
5United Hospital FoundationPO BOX 43, Minneapolis, MN 55440-0043MN1978-07$32,517,369
6The Spartanburg Regional Healthcare System FoundationC/O Jane Ovenden, Spartanburg, SC 29303SC1991-12$18,703,028
7Goodall-Witcher Hospital AuthorityPO BOX 549, Clifton, TX 76634-0549TX1966-11$18,046,045
8Saint Joseph Hospital Foundation1835 Franklin St, Denver, CO 80218-1126CO1977-06$13,974,946
9Wright Memorial Endowment FundPO BOX 50, Chillicothe, MO 64601-0050MO$2,517,638
10Alton Memorial Hospital Endowment TrustPO BOX 387, St Louis, MO 63166-0387MO$2,006,051
11Southeast Missouri Hospital Foundation1701 Lacey St, Cpe Girardeau, MO 63701-5230MO1978-06$1,191,701
12Alton Memorial Hosp Grounds Fd 604140 BbPO BOX 387, St Louis, MO 63166-0387MO$551,483
13Lake Regional Hospital Foundation54 Hospital Dr, Osage Beach, MO 65065-3050MO1990-05$363,231
14Auxiliary Of St Anthonys Medical Center10010 Kennerly Rd, Saint Louis, MO 63128-2106MO1966-01$330,896
15Capital Regional Medical Center Partners1125 Madison St, Jefferson Cty, MO 65101-5227MO1962-11$311,284
16Hannibal Hospital AuxiliaryPO BOX 551, Hannibal, MO 63401-0551MO1976-05$270,521
17Volunteer Service Organization Inc Of Columbia Regional Hospital404 Keene St, Columbia, MO 65201-6626MO1976-07$8,485
18Barnes-Jewish Hospital Auxiliary- Parkview Chapter1001 Highlands Plaza Dr W Ste 140, Saint Louis, MO 63110-1339MO1957-10$1,308
19Auxiliary Of Alexian Brothers Hospital Inc, St Alexius Auxiliary3933 S Broadway, St Louis, MO 63118MO1983-08$0
20Santa Maria Hospital Foundation4600 Edmundson Rd, Saint Louis, MO 63134-3806MO1983-06$0
Number of organizations performing similar types of work
Alaska1
Alabama11
Arkansas11
Arizona4
California89
Colorado11
Connecticut9
District of Columbia4
Delaware4
Florida38
Georgia18
Hawaii3
Iowa20
Idaho3
Illinois22
Indiana43
Kansas21
Kentucky7
Louisiana10
Massachusetts23
Maryland29
Maine4
Michigan19
Minnesota8
Missouri14
Mississippi4
Montana4
North Carolina27
North Dakota7
Nebraska12
New Hampshire7
New Jersey35
New Mexico11
Nevada5
New York61
Ohio48
Oklahoma10
Oregon15
Pennsylvania58
Rhode Island11
South Carolina12
South Dakota1
Tennessee7
Texas33
Utah2
Virginia13
Vermont4
Washington14
Wisconsin18
West Virginia10
Wyoming2
Total857

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Freeman Foundation and has no official or unofficial affiliation with Freeman Foundation