Freedom Farm
Offers healing and hope through equine-assisted therapy and programs. For fiscal year 2024 it reported $272K in revenue, $363K in expenses, and $406K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Human Services
- Location
- Waverly, MN
- Website
- www.freedomfarmmn.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Hope & Healing with Horses
While partnering with the horse, 'Hope & Healing' focuses on developing trust, finding success, and building confidence while providing horsemanship experiences to improve communication.
Succeed with Horses at Freedom Academy
Freedom Academy is an on-site Accredited Public High School. Students attend the 'Succeed with Horses' class daily where they partner with the horse gaining horsemanship skills and learning to find direction and build positive relationships.
Mount Up/Walk on
For veterans and active duty service members who are on a path of healing. It's a time to rebuild confidence and trust, focus on the 'here and now and to give back to the community.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Susie Bjorklund’s $69K as President is at the 60th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Susie Bjorklund | $69,290 | $71,060 | $65,000 | $61,880 | $61,880 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 77% | — | — |
| Overhead ratio | 11% | — | — |
| Fundraising cost ratio | 24% | — | — |
| Revenue growth | -12% | — | — |
| Accounting fee ratio | 0.9% | — | — |
| Fundraising fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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