Freedom Farm FY2022 filing

Tax-deductible

Waverly, MN501(c)(3)Human ServicesEIN 41-1990650Revenue $390K in FY2022

This page gets seen. Tell your story. Claim this org.

Freedom Farm partners with the unique gifts of the horse to offer healing, hope, confidence, and strength.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$65K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $4K a year · 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$65K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
12 mo
of spending, in cash
Looks good: 11.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $30K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$140K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$390K
+13% vs prior year
Spent
$354K
To programs
79%
Net assets
$582K
By yearFY2020–FY2024
Revenue
$390K
FY2022▲ +13%
Revenue by fiscal year
FY2020$454K
FY2021$346K
FY2022$390K
FY2023$309K
FY2024$272K
Expenses
$354K
FY2022▲ +0.8%
Expenses by fiscal year
FY2020$330K
FY2021$351K
FY2022$354K
FY2023$392K
FY2024$363K
Net assets
$582K
FY2022▲ +7%
Net assets by fiscal year
FY2020$551K
FY2021$546K
FY2022$582K
FY2023$498K
FY2024$406K

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $279K Management & general 12% · $41K Fundraising 9% · $33K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

8 people listed on the 990; $65K paid to officers and key staff.

Part VII, Section A · reportable compensation
$65,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Susie Bjorklund’s $69K as President is at the 60th percentile of top reported officer pay among 2168 $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

NameFY2024FY2023FY2022FY2021FY2020
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.

See Freedom Farm executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers healing and hope through equine-assisted therapy and programs.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $279K · in their own filed words · FY2022
01

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.

$181Kprogram expense
02

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.

$49Kprogram expense
03

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.

$49Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$30K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$390K
Ln 12
Gifts and grantsLn 1h$250K
Other incomeLn 4–11$79K
Fees for servicesLn 2g$60K
Money outPt IX
$354K
Ln 25
Programscol B$279K
Managementcol C$41K
Fundraisingcol D$33K
Owns and owesPt X
$582K
net assets · Ln 32
Cash and savingsLn 1–2$338K
Total assetsLn 16$722K
LiabilitiesLn 26$140K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$250K
Fundraising eventsLn 1c$44K
Fees for servicesLn 2g$60K
Investment incomeLn 3$90
Other incomeLn 4–11$79K
Total revenueLn 12$390K
Assets in detailPt X, end of year
CashLn 1$180K
SavingsLn 2$158K
Cash and savings togetherLn 1–2$338K
Land, buildings, equipmentLn 10c$384K
Total assetsLn 16$722K
LiabilitiesLn 26$140K
Net assetsLn 32$582K
OperationsPt I, VI
EmployeesI 511
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$297K$338K
Land, buildings, equipmentLn 10c$403K$384K
Total assetsLn 16$701K$722K
LiabilitiesLn 26$155K$140K
Net assetsLn 32$546K$582K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$65K$39K$6K$20K
Other salaries and wagesLn 7$81K$60K$12K$9K
Payroll taxesLn 10$8K$5K$954$1K
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$1K$1K
Information technologyLn 14$4K$4K
OccupancyLn 16$36K$36K
TravelLn 17$1K$1K
Conferences, conventions and meetingsLn 19$514$514
InterestLn 20$4K$4K
Depreciation, depletion and amortizationLn 22$19K$19K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$107K$101K$5K$958
All other expensesLn 24e$9K$9K$100
Total functional expensesLn 25$354K$279K$41K$33K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $272K$363K−$90K$406K 990 PDF
FY2023 $309K$392K−$83K$498K 990 PDF
FY2022 Viewing $390K$354K$36K$582K 990 PDF
FY2021 $346K$351K−$5K$546K 990 PDF
FY2020 $454K$330K$124K$551K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $389,623 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $229,054$250,223
I-9 Program service revenuePrior year $58,551$60,159
I-10 Investment incomePrior year −$3,594$90
I-11 Other revenuePrior year $61,502$79,151
I-12 Total revenuePrior year $345,513$389,623
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $143,840$153,967
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $206,711$199,552
I-18 Total expensesPrior year $350,551$353,519
I-19 Revenue less expensesPrior year −$5,038$36,104
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $389,623 across 9 lines filed
VIII-1c Fundraising events$44,450
VIII-1f All other contributions, gifts and grants$205,773
VIII-1h Total contributions, gifts and grants$250,223
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $60,159$60,159
VIII-3 Investment incomeExcluded from tax $90$90
VIII-6 Net rental income or lossExcluded from tax $20,871$20,871
VIII-8 Net income from fundraising eventsExcluded from tax $47,306$47,306
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $10,974$10,974
VIII-12 Total revenueRelated to mission $60,159 · Unrelated business $0 · Excluded from tax $79,241$389,623
Part IX · Statement of functional expenses $353,519 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $39,000 · Management $6,500 · Fundraising $19,500$65,000
IX-7 Other salaries and wagesPrograms $60,233 · Management $12,015 · Fundraising $9,173$81,421
IX-10 Payroll taxesPrograms $5,114 · Management $954 · Fundraising $1,478$7,546
IX-11c Accounting feesManagement $2,516$2,516
IX-12 Advertising and promotionFundraising $1,672$1,672
IX-13 Office expensesManagement $1,333$1,333
IX-14 Information technologyPrograms $4,313$4,313
IX-16 OccupancyPrograms $36,285$36,285
IX-17 TravelPrograms $1,400$1,400
IX-19 Conferences, conventions and meetingsPrograms $514$514
IX-20 InterestManagement $3,981$3,981
IX-22 Depreciation, depletion and amortizationPrograms $19,019$19,019
IX-23 InsurancePrograms $12,077$12,077
IX-24 Other expenses (24a–d)Programs $101,268 · Management $4,973 · Fundraising $958$107,199
IX-24e All other expensesManagement $9,143 · Fundraising $100$9,243
IX-25 Total functional expensesPrograms $279,223 · Management $41,415 · Fundraising $32,881$353,519
Part X · Balance sheet $722,211 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $140,938$180,240
X-2 Savings and temporary cash investmentsStart of year $156,546$157,835
X-10c Land, buildings and equipment, netStart of year $403,155$384,136
X-16 Total assetsStart of year $700,639$722,211
X-24 Unsecured notes and loans payableStart of year $155,000$140,468
X-26 Total liabilitiesStart of year $155,000$140,468
X-32 Total net assets or fund balancesStart of year $545,639$581,743
X-33 Total liabilities and net assetsStart of year $700,639$722,211
Part XI · Reconciliation of net assets $581,743 net assets at year end
XI-1 Total revenue$389,623
XI-2 Total expenses$353,519
XI-3 Revenue less expenses$36,104
XI-4 Net assets at start of year$545,639
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$581,743

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.