BEducationEIN: 460229820· Ruling Year: 1937

Freeman Academy & Freeman Junior College

Freeman, South Dakota

B+Health Score
73B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.99×
Peer Median20.77×
💰
$2.0M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$4.6M
Net Assets
📋
$396K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-8.7%
Year-over-year change (2022 → 2023)
Net Margin
-15.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.99
Net assets divided by total expenses
Liabilities-to-Assets
7.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$2,003,1789%$2,321,12019%$5,009,0522%
2022$2,194,56811%$1,943,61820%$5,114,6285%
2021$2,474,58979%$2,418,12038%$5,367,1605%
2020$1,385,39817%$1,753,6619%$5,096,0591%
2019$1,672,7681%$1,611,2794%$5,144,6611%
2018$1,682,7157%$1,682,8919%$5,114,5181%
2016$1,570,7248%$1,538,5373%$5,153,2751%
2015$1,452,9093%$1,490,0351%$5,182,690
2014$1,498,0104%$1,505,5412%$5,175,843
2013$1,436,30916%$1,472,6187%$5,160,2251%
2012$1,707,16525%$1,378,24815%$5,220,3522%
2011$1,368,963$1,202,722$5,099,087

Frequently Asked Questions

What does Freeman Academy & Freeman Junior College do?

Freeman Academy & Freeman Junior College is a education nonprofit organization based in South Dakota. It is classified under NTEE code B200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Freeman Academy & Freeman Junior College financially healthy?

Based on our 9-metric Financial Health Score model, Freeman Academy & Freeman Junior College has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Freeman Academy & Freeman Junior College generate?

Freeman Academy & Freeman Junior College reports $2.3M in annual revenue and holds $4.8M in total assets, based on IRS filings.

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