Civic Intelligence

Harold M Freeman

EIN 74-6334098 • 501(c)3 • San Marcos, TX

Profile

The freeman center at texas state university is dedicated to supporting teaching, research, and outreach efforts for the university community and the broader public. We strive to provide resources, foster innovation, and create impactful connections that enhance education and community engagement.

601 University Dr Jck Bldg 582San Marcos, TX 78666-4684

www.txst.edu/FREEMANRANCH

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

16th percentile

-15%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

28th percentile

-1.6%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

36%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$9,808,768

Down $160,897 (-1.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$9,808,768

Down $160,897 (-1.6%) from 2023

Revenue

Up

$630,736

Up $166,139 (+36%) from 2023

Expenses

Up

$725,179

Up $349,296 (+93%) from 2023

Net Income

Down

-$94,443

Down $183,157 (-206%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $8,456,716Liabilities 2011: $0Net Assets 2011: $8,456,7162011Assets 2012: $8,428,530Liabilities 2012: $0Net Assets 2012: $8,428,5302012Assets 2013: $8,699,883Liabilities 2013: $0Net Assets 2013: $8,699,8832013Assets 2014: $8,458,086Liabilities 2014: $0Net Assets 2014: $8,458,0862014Assets 2015: $8,443,941Liabilities 2015: $0Net Assets 2015: $8,443,9412015Assets 2016: $8,504,056Liabilities 2016: $0Net Assets 2016: $8,504,0562016Assets 2017: $8,456,043Liabilities 2017: $0Net Assets 2017: $8,456,0432017Assets 2019: $8,479,556Liabilities 2019: $0Net Assets 2019: $8,479,5562019Assets 2020: $8,578,721Liabilities 2020: $0Net Assets 2020: $8,578,7212020Assets 2021: $10,047,513Liabilities 2021: $1,182Net Assets 2021: $10,046,3312021Assets 2022: $9,943,519Liabilities 2022: $680Net Assets 2022: $9,942,8392022Assets 2023: $9,969,665Liabilities 2023: $0Net Assets 2023: $9,969,6652023Assets 2024: $9,808,768Liabilities 2024: $0Net Assets 2024: $9,808,7682024

Highlighted filing

2024

Assets$9,808,768
Liabilities$0
Net Assets$9,808,768

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $256,909Expenses 2011: $283,069Net Income 2011: -$26,1602011Revenue 2012: $262,954Expenses 2012: $285,266Net Income 2012: -$22,3122012Revenue 2013: $234,413Expenses 2013: $249,451Net Income 2013: -$15,0382013Revenue 2014: $354,745Expenses 2014: $370,503Net Income 2014: -$15,7582014Revenue 2015: $279,156Expenses 2015: $304,597Net Income 2015: -$25,4412015Revenue 2016: $285,652Expenses 2016: $319,222Net Income 2016: -$33,5702016Revenue 2017: $278,221Expenses 2017: $326,234Net Income 2017: -$48,0132017Revenue 2019: $255,015Expenses 2019: $295,250Net Income 2019: -$40,2352019Revenue 2020: $296,117Expenses 2020: $337,422Net Income 2020: -$41,3052020Revenue 2021: $352,754Expenses 2021: $369,586Net Income 2021: -$16,8322021Revenue 2022: $294,811Expenses 2022: $335,522Net Income 2022: -$40,7112022Revenue 2023: $464,597Expenses 2023: $375,883Net Income 2023: $88,7142023Revenue 2024: $630,736Expenses 2024: $725,179Net Income 2024: -$94,4432024

Highlighted filing

2024

Revenue$630,736
Expenses$725,179
Net Income-$94,443

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 14, 2025
Return Version
2023v6.0
Gross Receipts
$630,736
Mission and Program Overview

Mission

The Harold M. Freeman Educational Foundation trust is a Texas hill country ranch operated by Texas State University. The ranch is used as an educational laboratory by the university's Agriculture and Biology programs at Texas State University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$9,969,665$9,808,768▼ $160,897
Land, Buildings, and Equipment, Net$9,949,493$9,788,018▼ $161,475
Cash and Non-Interest-Bearing Accounts$20,172$20,750▲ $578
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$9,969,665$9,808,768▼ $160,897
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,969,665$9,808,768▼ $160,897
Total Liabilities and Net Assets / Fund Balance$9,969,665$9,808,768▼ $160,897

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,259,390$789,323$2,048,713
Equipment$76,527$382,897$459,424
Land$8,452,101--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Frost National Bank of San AntonioInactive Co-trustee
Texas State UniversityOperating Co-trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$543,199
Program Service Revenue
$60,027
Investment Income
$496
Other Revenue
$27,014
All Other Contributions
$4,518
Change in Net Assets
$-94,443
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$723,429
Grants and Similar Amounts Paid$1,750
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$97,746--$97,746
Other Expenses$4,352--$4,352
Grants to Domestic Individuals$1,750--$1,750
Fees for Services Other$1,219--$1,219
Travel$1,017--$1,017
Occupancy$180--$180
Office Expenses$76--$76
Total Functional Expenses$725,179$0$0$725,179
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Review by operating trustee or designate.

Form 990, Part VI, Section B, Line 12C

Organization has officially adopted the policies of texas state university, which has a conflict of interest policy.

Form 990, Part VI, Section C, Line 19

Organization is affiliated with a state public university. All documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Harold M Freeman
EIN
74-6334098
Phone
5122452766
Address
601 UNIVERSITY DR JCK BLDG 582, SAN MARCOS, TX 78666-4684

Signing Officer

Name
Darryl Borgonah
Title
Avp, Fss
Phone
5122452766
Signed
2025-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Darryl Borgonah
Formed
1985
Legal Domicile
TX
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Weaver and Tidwell Llp
Address
2300 N FIELD ST STE 1000, DALLAS, TX 75201
Preparer
Sara Burkhart
Phone
9724901970
Raw XML Appendix373 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE HAROLD M FREEMAN EDUCATIONAL FOUNDATION SUPPORTS TEXAS STATE UNIVERSITY, A GOVERNMENTAL ENTITY. THE FOUNDATION IS RESPONSIVE TO THE UNIVERSITY AND ENGAGES IN ACTIVITIES ON BEHALF OF THE UNIVERSITY TO CARRY OUT THE PURPOSES OF THE UNIVERSITY. BUT FOR THE INVOLVEMENT OF THE FOUNDATION, THE UNIVERSITY WOULD NORMALLY BE ENGAGED IN THESE ACTVITIES. THE FREEMAN CENTER AT TEXAS STATE UNIVERSITY IS DEDICATED TO SUPPORTING TEACHING, RESEARCH, AND OUTREACH EFFORTS FOR THE UNIVERSITY COMMUNITY AND THE BROADER PUBLIC. WE STRIVE TO PROVIDE RESOURCES, FOSTER INNOVATION, AND CREATE IMPACTFUL CONNECTIONS THAT ENHANCE EDUCATION AND COMMUNITY ENGAGEMENT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW BY OPERATING TRUSTEE OR DESIGNATE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION IS AFFILIATED WITH A STATE PUBLIC UNIVERSITY. ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
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IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0EXPENDITURES LESS REVENUES GENERATED BY FREEMAN RANCH
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R, PART V, LINE 2(1)(D)
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0538681
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0TEXAS STATE UNIVERSITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0725179
IRS990/TotalFunctionalExpensesGrp/TotalAmt0725179
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IRS990/TotalProgramServiceExpensesAmt0725179
IRS990/TotalProgramServiceRevenueAmt060027
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0496
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt087041
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0630736
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/VotingMembersGoverningBodyCnt02
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IRS990/WebsiteAddressTxt0HTTPS://WWW.TXST.EDU/FREEMANRANCH
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DARRYL BORGONAH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0AVP, FSS
ReturnHeader/BusinessOfficerGrp/PhoneNum05122452766
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAROLD M FREEMAN
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HARO
ReturnHeader/Filer/EIN0746334098
ReturnHeader/Filer/PhoneNum05122452766
ReturnHeader/Filer/USAddress/AddressLine1Txt0601 UNIVERSITY DR JCK BLDG 582
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0750786316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEAVER AND TIDWELL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02300 N FIELD ST STE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075201
ReturnHeader/PreparerPersonGrp/PhoneNum09724901970
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARA BURKHART
ReturnHeader/ReturnTs02025-07-15T13:59:45-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-09-01
ReturnHeader/TaxPeriodEndDt02024-08-31
ReturnHeader/TaxYr02023

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