Flc Properties Foundation
EIN: 270748899 · Rockford, TN · NTEE: C11
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $298K |
| Net Assets | $6.3M |
Is Flc Properties Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Flc Properties Foundation
Flc Properties Foundation (EIN: 270748899) is a nonprofit organization based in Rockford, TN, classified under NTEE code C11. The organization reported total revenue of $2.8M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flc Properties Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Flc Properties Foundation is a mid-size nonprofit that has been operating for 17 years, with 11 years of IRS 990 filings on record (2012–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $695K |
| Total Expenses | $298K |
| Surplus / Deficit | +$397K |
| Total Assets | $6.3M |
| Net Assets | $6.3M |
| Operating Margin | 57.1% |
| Months of Reserves | 252.9 months |
Financial Health Grade: A
In 2023, Flc Properties Foundation reported a surplus of $397K with revenue exceeding expenses, holds 252.9 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -55.1% | +159.8% | -31.7% |
| 2022 | -65.2% | +496.2% | +72.7% |
| 2019 | -100.0% | — | -31.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Flc Properties Foundation 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 Flc Properties Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $397K, with revenue exceeding expenses.
Frequently Asked Questions about Flc Properties Foundation
Is Flc Properties Foundation a legitimate charity?
Flc Properties Foundation (EIN: 270748899) is a registered tax-exempt nonprofit based in Tennessee. It has 11 years of IRS 990 filings on record. Total revenue: $2.8M. No red flags identified. Financial health grade: A.
How does Flc Properties Foundation spend its money?
Flc Properties Foundation reported $2.8M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Flc Properties Foundation tax-deductible?
Flc Properties Foundation is registered as a tax-exempt nonprofit (EIN: 270748899). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Flc Properties Foundation located?
Flc Properties Foundation is headquartered in Rockford, Tennessee and files with the IRS under EIN 270748899. It is classified under NTEE code C11.
How many years of IRS 990 filings does Flc Properties Foundation have?
Flc Properties Foundation has 11 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 $2.8M in total revenue.
Filing History
IRS 990 filing history for Flc Properties Foundation showing financial trends over 11 years of public records:
In its most recent filing year (2023), Flc Properties Foundation reported a surplus of $397K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $695K | $298K | $6.3M | $0 | — | — |
| 2022 | $1.5M | $115K | $9.2M | $2K | — | — |
| 2021 | $4.4M | $19K | $5.3M | $0 | — | View 990 |
| 2020 | $-377,498 | $1.3M | $603K | $0 | — | — |
| 2019 | $0 | $1.7M | $1.8M | $0 | — | View 990 |
| 2018 | $29K | $0 | $2.6M | $0 | — | View 990 |
| 2018 | $468K | $0 | $935K | $0 | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
| 2016 | $0 | $0 | $1 | $0 | — | View 990 |
| 2015 | $0 | $0 | $1 | $0 | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $695K, expenses of $298K, and assets of $6.3M (revenue -55.1% year-over-year).
- 2022: Revenue of $1.5M, expenses of $115K, and assets of $9.2M (revenue -65.2% year-over-year).
- 2021: Revenue of $4.4M, expenses of $19K, and assets of $5.3M.
- 2020: Revenue of $-377,498, expenses of $1.3M, and assets of $603K.
- 2019: Revenue of $0, expenses of $1.7M, and assets of $1.8M (revenue -100.0% year-over-year).
- 2018: Revenue of $29K, expenses of $0, and assets of $2.6M (revenue -93.8% year-over-year).
- 2018: Revenue of $468K, expenses of $0, and assets of $935K.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
- 2015: Revenue of $0, expenses of $0, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Flc Properties Foundation:
Data Sources and Methodology
This transparency report for Flc Properties Foundation 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.