Freedom Adult Foster Care Corp
EIN: 382144338 · Clarkston, MI · NTEE: P73Z
Is Freedom Adult Foster Care Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Freedom Adult Foster Care Corp
Freedom Adult Foster Care Corp (EIN: 382144338) is a nonprofit organization based in Clarkston, MI, classified under NTEE code P73Z. The organization reported total revenue of $5.4M and total assets of $671K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freedom Adult Foster Care Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Freedom Adult Foster Care Corp 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 Freedom Adult Foster Care Corp 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.
Frequently Asked Questions about Freedom Adult Foster Care Corp
Is Freedom Adult Foster Care Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Freedom Adult Foster Care Corp (EIN: 382144338) insufficient data. 0 red flags identified, 0 strengths noted.
How does Freedom Adult Foster Care Corp spend its money?
Detailed spending breakdown data is not yet available for Freedom Adult Foster Care Corp. Check back for updated IRS 990 analysis.
Are donations to Freedom Adult Foster Care Corp tax-deductible?
Freedom Adult Foster Care Corp is registered as a tax-exempt nonprofit (EIN: 382144338). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Freedom Adult Foster Care Corp showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Freedom Adult Foster Care Corp's revenue has declined by 3.1%, moving from $5.4M to $5.2M. Total assets increased by 40.3% over the same period, from $562K to $789K. Total functional expenses fell by 4.2%, from $5.4M to $5.2M. In its most recent filing year (2022), Freedom Adult Foster Care Corp reported a surplus of $3K, with revenue exceeding expenses. The organization holds $791K in liabilities against $789K in assets (debt-to-asset ratio: 100.3%), resulting in net assets of $-2,681.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $5.2M | $5.2M | $789K | $791K | — | View 990 |
| 2021 | $4.7M | $4.7M | $625K | $630K | — | View 990 |
| 2019 | $4.2M | $4.5M | $528K | $592K | — | View 990 |
| 2018 | $4.5M | $4.5M | $595K | $411K | — | View 990 |
| 2017 | $4.7M | $4.7M | $560K | $422K | — | View 990 |
| 2016 | $5.0M | $5.0M | $686K | $550K | — | View 990 |
| 2015 | $5.5M | $5.6M | $721K | $592K | — | View 990 |
| 2014 | $6.1M | $6.0M | $893K | $599K | — | View 990 |
| 2013 | $6.4M | $6.5M | $778K | $553K | — | View 990 |
| 2012 | $6.0M | $5.9M | $648K | $399K | — | View 990 |
| 2011 | $5.4M | $5.4M | $562K | $308K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $5.2M, expenses of $5.2M, and assets of $789K (revenue +10.4% year-over-year).
- 2021: Revenue of $4.7M, expenses of $4.7M, and assets of $625K (revenue +10.9% year-over-year).
- 2019: Revenue of $4.2M, expenses of $4.5M, and assets of $528K (revenue -6.2% year-over-year).
- 2018: Revenue of $4.5M, expenses of $4.5M, and assets of $595K (revenue -3.1% year-over-year).
- 2017: Revenue of $4.7M, expenses of $4.7M, and assets of $560K (revenue -7.4% year-over-year).
- 2016: Revenue of $5.0M, expenses of $5.0M, and assets of $686K (revenue -8.6% year-over-year).
- 2015: Revenue of $5.5M, expenses of $5.6M, and assets of $721K (revenue -10.1% year-over-year).
- 2014: Revenue of $6.1M, expenses of $6.0M, and assets of $893K (revenue -4.6% year-over-year).
- 2013: Revenue of $6.4M, expenses of $6.5M, and assets of $778K (revenue +7.1% year-over-year).
- 2012: Revenue of $6.0M, expenses of $5.9M, and assets of $648K (revenue +12.1% year-over-year).
- 2011: Revenue of $5.4M, expenses of $5.4M, and assets of $562K.
Data Sources and Methodology
This transparency report for Freedom Adult Foster Care Corp 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.