Freedom Folk and Soul
Overview
Mission
Freedom Folk & Soul provides life-changing opportunities for individuals to embark on a journey of self-discovery and personal empowerment within a nurturing community, using the wisdom of indigenous traditions, experiential learning, spiritual exploration, and expert guidance to support inner healing and leadership/facilitation for positive change in their lives and communities.
What it reported doing in 2025
Hosted services programs and activities for spiritual journeys to fulfill our purpose
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 823279902
- IRS 990 coverage
- 2021–2025
- Website reviewed
- Sep 2026
- Forms available
- Form 990 2025
- Headquarters
- Madison, TN, USA
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports that some governance safeguards are missing and the website provides limited evidence of results.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 65
- Accountability: 74
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.1%; rating input score 96
- Program expense ratio: 95.6%; rating input score 96
- Fundraising efficiency: $348.99 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: 0 of 8 controls in place; rating input score 0
- Public policy transparency: 1 of 7 controls in place; rating input score 14
- Public financial transparency: 0 of 5 controls in place; rating input score 0
- Impact reporting controls: 0 of 7 controls in place; rating input score 0
- Public relationship transparency: No; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Public governance controls: 4 of 4 controls in place; rating input score 100
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -0.5%; rating input score 33; 33rd percentile among comparable filings
- Operating reserve ratio: 0.08; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 25.7% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 20.2% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 1.3% per year; rating input score 100; 27th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site
- Where the money goes: 96.1% of revenue deployed · 95.6% of spending went to programs
- Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $361K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 14 of 14 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 annual filings from 2021 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.