Nonprofit · EIN 41-1990650
FREEDOM FARM
Tax-exempt · WAVERLY, MN 55390
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $272,478 | $362,838 | -$90,360 | $531,859 | $125,729 | $406,130 |
| December 31, 2023 | 990 | $309,114 | $392,382 | -$83,268 | $629,838 | $131,363 | $498,475 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $184,209
- Program service revenue
- $45,985
- Investment income
- $207
- Net rental income
- $12,766
- Net income from fundraising events
- $28,551
- Other revenue
- $42,077
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $69,290
- Other salaries and wages
- $80,828
- Salaries, compensation and benefits (total)
- $164,542
- Professional fundraising fees
- $8,000
- Accounting fees
- $3,291
- Occupancy
- $35,101
- Travel
- $3,302
- Depreciation
- $15,548
- Program services (functional)
- $279,989
- Management and general (functional)
- $39,426
- Fundraising (functional)
- $43,423
Balance sheet and other
- Total assets, start of year
- $629,838
- Total assets, end of year
- $531,859
- Total liabilities, end of year
- $125,729
- Net assets, end of year
- $406,130
- Land, buildings and equipment
- $361,571
- Gross receipts
- $299,767
- Employees
- 11
- Volunteers
- 0
- Year formed
- 2000
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susie Bjorklund | President Officer | 40 | $69,290 |
| Andy Barnauskas | Treasurer Trustee or director, Officer | 5 | $0 |
| Sarah Kostial | Director Trustee or director | 5 | $0 |
| Winstead Kirkpatrick | Director Trustee or director | 5 | $0 |
| Linda Berg | Director Trustee or director | 5 | $0 |
| Brian Rothstein | Director Trustee or director | 5 | $0 |
| Cynthia Glock | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susie Bjorklund | President Officer | 40 | $71,060 |
| Andy Barnauskas | Treasurer Trustee or director, Officer | 5 | $0 |
| Sarah Kostial | Director Trustee or director | 5 | $0 |
| Kerry Barnauskas | Director Trustee or director | 5 | $0 |
| Linda Berg | Director Trustee or director | 5 | $0 |
| Winstead Kirkpatrick | Director Trustee or director | 5 | $0 |
| Brian Rothstein | Director Trustee or director | 5 | $0 |
| Cynthia Glock | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 11500 FERMAN AVE SW, WAVERLY, MN 55390-8609
- In care of
- % SUSAN BJORKLUND
- Principal officer (990 for 2024)
- Susan Bjorklund, 11500 Ferman Ave SW, Waverly, MN 55390
- Signed the 990
- Susan Bjorklund, President
- Phone
- (952) 955-2505
- Website
- www.freedomfarmmn.org
- Return prepared by
- Abdo LLP
Mission
Freedom Farm partners with the unique gifts of the horse to offer healing, hope, confidence, and strength.
Program accomplishments
- 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.Expenses $181,993 · revenue $12,725
- 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.Expenses $48,998 · revenue $24,615
- 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.Expenses $48,998 · revenue $8,645
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1990650
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P82)
- Assets (IRS master file)
- $531,859
- Income (IRS master file)
- $299,767
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $272,478 | $362,838 | $531,859 | IRS |
| 990 | December 2023 | $309,114 | $392,382 | $629,838 | XML |
| 990 | December 2022 | $389,623 | $353,519 | $722,211 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1990650).
Questions about FREEDOM FARM
- What is the EIN of FREEDOM FARM?
- The employer identification number (EIN) of FREEDOM FARM is 41-1990650.
- Is FREEDOM FARM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to FREEDOM FARM tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FREEDOM FARM file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FREEDOM FARM due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FREEDOM FARM last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FREEDOM FARM?
- The 990 for the year ended December 31, 2024 names Susan Bjorklund.
- Who are the officers and directors of FREEDOM FARM?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $69,290 (Susie Bjorklund, President).
- How much revenue does FREEDOM FARM have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $272,478, expenses of $362,838 and total assets of $531,859 at year end.
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