Edward Freitag & Martha Haley Family Foundation 749 74 D24
EIN: 522209095 · Baltimore, MD · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $165K |
| Total Expenses | $58K |
| Net Assets | $104K |
Is Edward Freitag & Martha Haley Family Foundation 749 74 D24 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Edward Freitag & Martha Haley Family Foundation 749 74 D24
Edward Freitag & Martha Haley Family Foundation 749 74 D24 (EIN: 522209095) is a nonprofit organization based in Baltimore, MD, classified under NTEE code T22. The organization reported total revenue of $165K and total assets of $95K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward Freitag & Martha Haley Family Foundation 749 74 D24's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edward Freitag & Martha Haley Family Foundation 749 74 D24 is a small nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -16.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $58K |
| Surplus / Deficit | $-42,006 |
| Total Assets | $104K |
| Total Liabilities | $1 |
| Net Assets | $104K |
| Operating Margin | -264.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 21.5 months |
Financial Health Grade: B
In 2024, Edward Freitag & Martha Haley Family Foundation 749 74 D24 reported a deficit of $42K with expenses exceeding revenue, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Edward Freitag & Martha Haley Family Foundation 749 74 D24's revenue has declined at a compound annual growth rate (CAGR) of -16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -19.9% | -10.6% | -28.8% |
| 2023 | -75.8% | -53.1% | -23.6% |
| 2022 | +23.2% | +47.8% | -22.7% |
| 2021 | +46.4% | -8.1% | -9.8% |
| 2020 | +80.1% | +8.6% | -46.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Edward Freitag & Martha Haley Family Foundation 749 74 D24 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Edward Freitag & Martha Haley Family Foundation 749 74 D24 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Edward Freitag & Martha Haley Family Foundation 749 74 D24
Is Edward Freitag & Martha Haley Family Foundation 749 74 D24 a legitimate charity?
Edward Freitag & Martha Haley Family Foundation 749 74 D24 (EIN: 522209095) is a registered tax-exempt nonprofit based in Maryland. It has 10 years of IRS 990 filings on record. Total revenue: $165K. No red flags identified. Financial health grade: B.
How does Edward Freitag & Martha Haley Family Foundation 749 74 D24 spend its money?
Edward Freitag & Martha Haley Family Foundation 749 74 D24 reported $165K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Edward Freitag & Martha Haley Family Foundation 749 74 D24 tax-deductible?
Edward Freitag & Martha Haley Family Foundation 749 74 D24 is registered as a tax-exempt nonprofit (EIN: 522209095). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Edward Freitag & Martha Haley Family Foundation 749 74 D24 located?
Edward Freitag & Martha Haley Family Foundation 749 74 D24 is headquartered in Baltimore, Maryland and files with the IRS under EIN 522209095. It is classified under NTEE code T22.
How many years of IRS 990 filings does Edward Freitag & Martha Haley Family Foundation 749 74 D24 have?
Edward Freitag & Martha Haley Family Foundation 749 74 D24 has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $165K in total revenue.
Filing History
IRS 990 filing history for Edward Freitag & Martha Haley Family Foundation 749 74 D24 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Edward Freitag & Martha Haley Family Foundation 749 74 D24's revenue has declined by 88.4%, moving from $138K to $16K. Total assets decreased by 76.8% over the same period, from $446K to $104K. Total functional expenses rose by 10.7%, from $52K to $58K. In its most recent filing year (2024), Edward Freitag & Martha Haley Family Foundation 749 74 D24 reported a deficit of $42K, with expenses exceeding revenue. The organization holds $1 in liabilities against $104K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $104K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $16K | $58K | $104K | $1 | — | View 990 |
| 2023 | $20K | $65K | $146K | $1 | — | View 990 |
| 2022 | $82K | $138K | $191K | $1 | — | View 990 |
| 2021 | $67K | $93K | $247K | $1 | — | — |
| 2020 | $46K | $102K | $273K | $1 | — | View 990 |
| 2016 | $25K | $94K | $509K | $1 | — | View 990 |
| 2015 | $151K | $82K | $577K | $1 | — | View 990 |
| 2014 | $49K | $107K | $508K | $1 | — | View 990 |
| 2013 | $156K | $37K | $566K | $1 | — | View 990 |
| 2012 | $138K | $52K | $446K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $16K, expenses of $58K, and assets of $104K (revenue -19.9% year-over-year).
- 2023: Revenue of $20K, expenses of $65K, and assets of $146K (revenue -75.8% year-over-year).
- 2022: Revenue of $82K, expenses of $138K, and assets of $191K (revenue +23.2% year-over-year).
- 2021: Revenue of $67K, expenses of $93K, and assets of $247K (revenue +46.4% year-over-year).
- 2020: Revenue of $46K, expenses of $102K, and assets of $273K (revenue +80.1% year-over-year).
- 2016: Revenue of $25K, expenses of $94K, and assets of $509K (revenue -83.3% year-over-year).
- 2015: Revenue of $151K, expenses of $82K, and assets of $577K (revenue +209.6% year-over-year).
- 2014: Revenue of $49K, expenses of $107K, and assets of $508K (revenue -68.6% year-over-year).
- 2013: Revenue of $156K, expenses of $37K, and assets of $566K (revenue +13.2% year-over-year).
- 2012: Revenue of $138K, expenses of $52K, and assets of $446K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edward Freitag & Martha Haley Family Foundation 749 74 D24:
Data Sources and Methodology
This transparency report for Edward Freitag & Martha Haley Family Foundation 749 74 D24 is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.