Freelandville Community Home Trust
EIN: 311049281 · Evansville, IN · NTEE: E119
| Metric | Value |
|---|---|
| Total Revenue | $602K |
| Total Expenses | $75K |
| Net Assets | $2.2M |
Is Freelandville Community Home Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Freelandville Community Home Trust
Freelandville Community Home Trust (EIN: 311049281) is a nonprofit organization based in Evansville, IN, classified under NTEE code E119. The organization reported total revenue of $602K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freelandville Community Home Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Freelandville Community Home Trust is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $75K |
| Surplus / Deficit | $-41,683 |
| Total Assets | $2.2M |
| Net Assets | $2.2M |
| Operating Margin | -123.8% |
| Months of Reserves | 352.0 months |
Financial Health Grade: B
In 2023, Freelandville Community Home Trust reported a deficit of $42K with expenses exceeding revenue, holds 352.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Freelandville Community Home Trust's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -83.6% | +8.5% | -1.9% |
| 2022 | -55.8% | +55.6% | +6.4% |
| 2021 | +529.3% | +14.8% | +24.8% |
| 2020 | -13.2% | -1.7% | +2.1% |
| 2019 | -16.4% | +1.0% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Freelandville Community Home Trust 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 Freelandville Community Home Trust 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 deficit of $42K, with expenses exceeding revenue.
Frequently Asked Questions about Freelandville Community Home Trust
Is Freelandville Community Home Trust a legitimate charity?
Freelandville Community Home Trust (EIN: 311049281) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $602K. No red flags identified. Financial health grade: B.
How does Freelandville Community Home Trust spend its money?
Freelandville Community Home Trust reported $602K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Freelandville Community Home Trust tax-deductible?
Freelandville Community Home Trust is registered as a tax-exempt nonprofit (EIN: 311049281). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Freelandville Community Home Trust located?
Freelandville Community Home Trust is headquartered in Evansville, Indiana and files with the IRS under EIN 311049281. It is classified under NTEE code E119.
How many years of IRS 990 filings does Freelandville Community Home Trust have?
Freelandville Community Home Trust has 13 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 $602K in total revenue.
Filing History
IRS 990 filing history for Freelandville Community Home Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Freelandville Community Home Trust's revenue has declined by 47.5%, moving from $64K to $34K. Total assets increased by 72.6% over the same period, from $1.3M to $2.2M. Total functional expenses rose by 98.1%, from $38K to $75K. In its most recent filing year (2023), Freelandville Community Home Trust reported a deficit of $42K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34K | $75K | $2.2M | $0 | — | View 990 |
| 2022 | $206K | $69K | $2.3M | $0 | — | View 990 |
| 2021 | $465K | $45K | $2.1M | $0 | — | — |
| 2020 | $74K | $39K | $1.7M | $0 | — | View 990 |
| 2019 | $85K | $40K | $1.7M | $0 | — | View 990 |
| 2018 | $102K | $39K | $1.6M | $0 | — | View 990 |
| 2017 | $113K | $37K | $1.6M | $0 | — | View 990 |
| 2016 | $38K | $39K | $1.5M | $0 | — | View 990 |
| 2015 | $92K | $40K | $1.5M | $0 | — | View 990 |
| 2014 | $93K | $37K | $1.4M | $0 | — | View 990 |
| 2013 | $89K | $36K | $1.4M | $0 | — | View 990 |
| 2012 | $74K | $37K | $1.3M | $0 | — | View 990 |
| 2011 | $64K | $38K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $34K, expenses of $75K, and assets of $2.2M (revenue -83.6% year-over-year).
- 2022: Revenue of $206K, expenses of $69K, and assets of $2.3M (revenue -55.8% year-over-year).
- 2021: Revenue of $465K, expenses of $45K, and assets of $2.1M (revenue +529.3% year-over-year).
- 2020: Revenue of $74K, expenses of $39K, and assets of $1.7M (revenue -13.2% year-over-year).
- 2019: Revenue of $85K, expenses of $40K, and assets of $1.7M (revenue -16.4% year-over-year).
- 2018: Revenue of $102K, expenses of $39K, and assets of $1.6M (revenue -10.0% year-over-year).
- 2017: Revenue of $113K, expenses of $37K, and assets of $1.6M (revenue +201.9% year-over-year).
- 2016: Revenue of $38K, expenses of $39K, and assets of $1.5M (revenue -59.3% year-over-year).
- 2015: Revenue of $92K, expenses of $40K, and assets of $1.5M (revenue -1.3% year-over-year).
- 2014: Revenue of $93K, expenses of $37K, and assets of $1.4M (revenue +5.0% year-over-year).
- 2013: Revenue of $89K, expenses of $36K, and assets of $1.4M (revenue +19.3% year-over-year).
- 2012: Revenue of $74K, expenses of $37K, and assets of $1.3M (revenue +16.2% year-over-year).
- 2011: Revenue of $64K, expenses of $38K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Freelandville Community Home Trust:
Data Sources and Methodology
This transparency report for Freelandville Community Home Trust 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.