Freewoods Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 570827579 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is Freewoods Foundation?

The Freewoods Foundation, based in Columbia, South Carolina, is a nonprofit organization with a focus on historical education. Their primary objective is to establish, manage, and operate a living historic farm museum, recreating the agricultural landscape from the post-Civil War era to 1900. This educational institution aims to provide the public with an immersive learning experience that showcases the rural life and farming practices of the past. The foundation, with a small workforce of just two employees, is committed to preserving and sharing this significant part of South Carolina's history.


Official website here: www.freewoodsfarm.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star Rating

The Freewoods Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. With an overall score of 90%, the organization demonstrates effective management of its financial resources, fostering confidence among donors regarding its operational integrity.

The foundation excels particularly in having a majority independent board, which contributes to its governance strength. It also showcases transparency through well-documented board meeting minutes and the presence of essential policies, such as those addressing conflict of interest and whistleblower protections. Furthermore, the program expense ratio of over 93% indicates a significant portion of its funds is directed toward fulfilling its mission.

While the Freewoods Foundation has achieved a high score, the data does not highlight any specific limitations or areas for improvement. Overall, its strong financial practices and governance structure position it as a reputable choice for potential supporters looking to contribute to its initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Freewoods Foundation legitimate?

Freewoods Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freewoods Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,895

For more financial information, click here


Official website here: www.freewoodsfarm.com

What is the mission statement of Freewoods Foundation?

The Freewoods Foundation's mission is centered around the development, construction, and operation of a historical family farm that existed in South Carolina between the Civil War and 1900. This farm is transformed into a living history museum with the primary aim of educating the public. The foundation's objective is to preserve and share this era's farming practices and lifestyle, providing an enriching educational experience for the general public.


Official website here: www.freewoodsfarm.com

Who is the CEO of Freewoods Foundation?

O'Neal Smalls is the President of Freewoods Foundation.


Official website here: www.freewoodsfarm.com

What is the revenue of Freewoods Foundation?

Freewoods Foundation's revenue in 2022 was $41,706.


Official website here: www.freewoodsfarm.com

Who are the executives of Freewoods Foundation and what are their salaries?

The average compensation at Freewoods Foundation during 2022 was $1,448. There are 2 employees at Freewoods Foundation.


Here are 5 key members and their salaries:


O'Neal Smalls (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maxine B Stanley (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Mccauley (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica D Gerald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elsie Graves (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.freewoodsfarm.com

Where can I find the form 990 for Freewoods Foundation?

Freewoods Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.freewoodsfarm.com

Learn more at the official website: www.freewoodsfarm.com

Mission Statement of Freewoods Foundation

The Freewoods Foundation, as stated in its mission description, is dedicated to constructing, managing, and operating a living historic farm museum that mirrors the agricultural setting in South Carolina between the Civil War and 1900. The primary objective of this foundation is to educate the public about this era through this museum. By developing, building, and maintaining this historical family farm, Freewoods Foundation aims to provide an immersive learning experience for individuals, allowing them to gain insights into the past and understand the evolution of agriculture over time.

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Impact




August, 2024

The Freewoods Foundation has a significant impact on educating the public about the historical family farm life in South Carolina between the Civil War and 1900. By operating a living historic farm museum, the foundation brings history to life and provides valuable educational experiences for visitors. Through its activities and preservation efforts, the foundation helps preserve and share cultural heritage, offering a unique glimpse into the past for the benefit of the community.




This information is meant to be a general summary of Freewoods Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$41,706 (2022)
Expenses
$67,682 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $23,491
  • Gross Receipts: $41,706

Assets and Liabilities:

  • Total Assets: $996,667
  • Total Liabilities: $185,023
  • Net Assets: $811,644

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPECIAL EVENTS

Revenue

$16,949

FARM OPERATIONS

Revenue

$6,542

Organization Details

Founding Year

1986

Principal Officer

O'Neal Smalls

Main Address

900 VETERANS ROAD, COLUMBIA, SC, 292092332

NTEE Category

Code: A54 - Arts

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