Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
35th percentile
Higher top officer pay than 35% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
46th percentile
Faster asset growth than 46% of similar nonprofits.
Revenue Growth
64th percentile
Faster revenue growth than 64% of similar nonprofits.
Assets
Up$1,140,693
Up $2,779 (+0.2%) from 2015
Net Assets
Down$960,639
Down $36,158 (-3.6%) from 2015
Liabilities
Up$180,054
Up $38,937 (+28%) from 2015
Revenue
Up$33,138
Up $2,764 (+9.1%) from 2015
Expenses
Up$69,293
Up $10,073 (+17%) from 2015
Net Income
Down-$36,155
Down $7,309 (-25%) from 2015
The foundation's primary exempt purpose is to develop, build, operate and own an old fashioned family farm as existed in south carolina between the civil war and 1900, as a living farm history museum for education of the public.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,135,764 | $1,122,742 | ▼ $13,022 |
| Loans From Officers Directors | $140,327 | $179,283 | ▲ $38,956 |
| Savings and Temporary Cash Investments | $1,063 | $14,238 | ▲ $13,175 |
| Cash and Non-Interest-Bearing Accounts | $1,084 | $3,713 | ▲ $2,629 |
| Total Assets | $1,137,911 | $1,140,693 | ▲ $2,782 |
| Liabilities | |||
| Other Liabilities | $790 | $771 | ▼ $19 |
| Total Liabilities | $141,117 | $180,054 | ▲ $38,937 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $996,794 | $960,639 | ▼ $36,155 |
| Total Net Assets Fund Balance | $996,794 | $960,639 | ▼ $36,155 |
| Total Liabilities and Net Assets / Fund Balance | $1,137,911 | $1,140,693 | ▲ $2,782 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $731,654 | $273,827 | $1,005,481 |
| Land | $388,000 | - | $388,000 |
| Other Land Buildings | $3,088 | $19,248 | $22,336 |
| Equipment | $0 | $1,796 | $1,796 |
| Name | Title |
|---|---|
| O'NEAL SMALLS | President |
| George Mccauley | Vice President/vice Chair |
| Franklin C Blanton | Trustee |
| Frederick C James | Trustee |
| Genevieve C Peterkin | Trustee |
| Ivory Wilson | Trustee |
| James R Frazier | Trustee |
| Page Oberlin | Trustee |
| Veronica D Gerald | Trustee |
| Maxine B Stanley | Secretary/treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $49,840 |
| Salaries, Compensation, and Employee Benefits | $19,453 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $22,373 | - | - | $22,373 |
| Other Salaries and Wages | $15,600 | - | - | $15,600 |
| Fees for Services Other | $8,737 | - | - | $8,737 |
| Payroll Taxes | $3,853 | - | - | $3,853 |
| Insurance | $2,331 | - | - | $2,331 |
| Fees for Services Accounting | - | $1,081 | - | $1,081 |
| Office Expenses | $45 | $163 | - | $208 |
| Information Technology | - | $200 | - | $200 |
| Travel | $175 | - | - | $175 |
| Other Expenses | $64 | - | - | $64 |
| All Other Expenses | - | $50 | - | $50 |
| Total Functional Expenses | $67,799 | $1,494 | $0 | $69,293 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $140,327 | $179,283 | ▲ $38,956 |
| Liability | Amount |
|---|---|
| Payroll Taxes Payable | $771 |
“Financial reports and tax returns are reviewed by the president and secretary/treasurer before filing. After filing, the financial reports and tax returns are submitted for review and discussion to the full board of trustees.”
“Any potential or actual conflict of interest is submitted to the full board for review, consideration and disposition. A new procedure is currently being established. The conflict of interest statement will be filled out annually by each board member and reviewed annually by the full board.”
“Board members are not paid. Employees are paid just above minimum wage.”
“Governing documents of freewoods foundation are available to the public in the office of the secretary of state; state of south carolina, in columbia, sc, or from the president of freewoods foundation by request.”
“Outside labor: program service expenses 8,737. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,737.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO DEVELOP, BUILD, OPERATE AND OWN AN OLD FASHIONED FAMILY FARM AS EXISTED IN SOUTH CAROLINA BETWEEN THE CIVIL WAR AND 1900, AS A LIVING FARM HISTORY MUSEUM FOR EDUCATION OF THE PUBLIC. |
| IRS990/AllOtherContributionsAmt | 0 | 19244 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 50 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 50 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
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| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8037768072 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 900 VETERANS ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | COLUMBIA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29209 |
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| IRS990/CYTotalExpensesAmt | 0 | 69293 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 33138 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 22373 |
| IRS990/Desc | 0 | THE FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO BUILD, MANAGE, AND OPERATE A LIVING HISTORIC FARM MUSEUM FOR THE PURPOSE OF EDUCATING THE PUBLIC. |
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| IRS990/ForeignFinancialAccountInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | PRESIDENT |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
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| IRS990/GrantsToOrganizationsInd | 0 | 0 |
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| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 200 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 200 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2331 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2331 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1 |
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| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 771 |
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| IRS990/PYTotalRevenueAmt | 0 | 30374 |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 21889 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 16645 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 15422 |
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| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 4275 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 3810 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 11276 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 51828 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1 |
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| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 30274 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 26164 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 20455 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 26698 |
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| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1796 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 1796 |
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| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 388000 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 3088 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 19248 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 22336 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 771 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PAYROLL TAXES PAYABLE |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1122742 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 771 |
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| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | ASSIST ORGANIZATION WITH OPERATIONS |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 108000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | O'NEAL SMALLS |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | PRESIDENT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 179283 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FINANCIAL REPORTS AND TAX RETURNS ARE REVIEWED BY THE PRESIDENT AND SECRETARY/TREASURER BEFORE FILING. AFTER FILING, THE FINANCIAL REPORTS AND TAX RETURNS ARE SUBMITTED FOR REVIEW AND DISCUSSION TO THE FULL BOARD OF TRUSTEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST IS SUBMITTED TO THE FULL BOARD FOR REVIEW, CONSIDERATION AND DISPOSITION. A NEW PROCEDURE IS CURRENTLY BEING ESTABLISHED. THE CONFLICT OF INTEREST STATEMENT WILL BE FILLED OUT ANNUALLY BY EACH BOARD MEMBER AND REVIEWED ANNUALLY BY THE FULL BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BOARD MEMBERS ARE NOT PAID. EMPLOYEES ARE PAID JUST ABOVE MINIMUM WAGE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | GOVERNING DOCUMENTS OF FREEWOODS FOUNDATION ARE AVAILABLE TO THE PUBLIC IN THE OFFICE OF THE SECRETARY OF STATE; STATE OF SOUTH CAROLINA, IN COLUMBIA, SC, OR FROM THE PRESIDENT OF FREEWOODS FOUNDATION BY REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | OUTSIDE LABOR: PROGRAM SERVICE EXPENSES 8,737. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,737. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART IX, LINE 11G |
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| IRS990/SignificantChangeInd | 0 | 0 |
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| IRS990/SubjectToProxyTaxInd | 0 | 0 |
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| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 1140693 |
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| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
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| IRS990/TotalEmployeeCnt | 0 | 1 |
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| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 67799 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 69293 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 141117 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 180054 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 141117 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 180054 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 996794 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 960639 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
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| IRS990/TotalProgramServiceRevenueAmt | 0 | 13893 |
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| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 1 |
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| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 175 |
| IRS990/TravelGrp/TotalAmt | 0 | 175 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 996794 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 960639 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 900 VETERANS ROAD |
| IRS990/USAddress/CityNm | 0 | COLUMBIA |
| IRS990/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/USAddress/ZIPCd | 0 | 29209 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 10 |
| IRS990/VotingMembersIndependentCnt | 0 | 10 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | O'NEAL SMALLS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8037777742 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-06-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FREEWOODS FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FREE |
| ReturnHeader/Filer/EIN | 0 | 570827579 |
| ReturnHeader/Filer/PhoneNum | 0 | 8037777742 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.