Freeman Thomas Manor Inc
EIN: 571123494 · St Matthews, SC · NTEE: F33
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $93K |
| Net Assets | $-278,016 |
Is Freeman Thomas Manor Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Freeman Thomas Manor Inc
Freeman Thomas Manor Inc (EIN: 571123494) is a nonprofit organization based in St Matthews, SC, classified under NTEE code F33. The organization reported total revenue of $79K and total assets of $352K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freeman Thomas Manor Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Freeman Thomas Manor Inc is a micro nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $93K |
| Surplus / Deficit | $-23,999 |
| Total Assets | $364K |
| Total Liabilities | $642K |
| Net Assets | $-278,016 |
| Operating Margin | -34.8% |
| Debt-to-Asset Ratio | 176.4% |
| Months of Reserves | 47.0 months |
Financial Health Grade: C
In 2023, Freeman Thomas Manor Inc reported a deficit of $24K with expenses exceeding revenue, holds 47.0 months of operating reserves (strong position), has a debt-to-asset ratio of 176.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Freeman Thomas Manor Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.1% | +3.8% | -6.0% |
| 2022 | +3.8% | +17.5% | -2.1% |
| 2021 | +25.8% | -16.6% | -0.4% |
| 2020 | -1.5% | +18.1% | -5.1% |
| 2019 | -0.2% | +2.4% | -3.1% |
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 Freeman Thomas Manor Inc 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 Freeman Thomas Manor Inc 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 $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 176.4%.
Frequently Asked Questions about Freeman Thomas Manor Inc
Is Freeman Thomas Manor Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Freeman Thomas Manor Inc (EIN: 571123494) insufficient data. 0 red flags identified, 0 strengths noted.
How does Freeman Thomas Manor Inc spend its money?
Detailed spending breakdown data is not yet available for Freeman Thomas Manor Inc. Check back for updated IRS 990 analysis.
Are donations to Freeman Thomas Manor Inc tax-deductible?
Freeman Thomas Manor Inc is registered as a tax-exempt nonprofit (EIN: 571123494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Freeman Thomas Manor Inc located?
Freeman Thomas Manor Inc is headquartered in St Matthews, South Carolina and files with the IRS under EIN 571123494. It is classified under NTEE code F33.
How many years of IRS 990 filings does Freeman Thomas Manor Inc have?
Freeman Thomas Manor Inc 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 $79K in total revenue.
Filing History
IRS 990 filing history for Freeman Thomas Manor Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Freeman Thomas Manor Inc's revenue has grown by 14.1%, moving from $60K to $69K. Total assets decreased by 35.6% over the same period, from $565K to $364K. Total functional expenses rose by 32.5%, from $70K to $93K. In its most recent filing year (2023), Freeman Thomas Manor Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $642K in liabilities against $364K in assets (debt-to-asset ratio: 176.4%), resulting in net assets of $-278,016.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $93K | $364K | $642K | — | — |
| 2022 | $83K | $90K | $387K | $641K | — | — |
| 2021 | $80K | $76K | $395K | $643K | — | — |
| 2020 | $64K | $91K | $397K | $649K | — | View 990 |
| 2019 | $65K | $77K | $419K | $642K | — | View 990 |
| 2018 | $65K | $76K | $432K | $8K | — | — |
| 2017 | $63K | $76K | $443K | $644K | — | View 990 |
| 2016 | $62K | $78K | $457K | $644K | — | View 990 |
| 2015 | $62K | $94K | $489K | $660K | — | View 990 |
| 2014 | $62K | $85K | $504K | $643K | — | View 990 |
| 2013 | $54K | $78K | $526K | $642K | — | View 990 |
| 2012 | $56K | $71K | $551K | $642K | — | View 990 |
| 2011 | $60K | $70K | $565K | $642K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $93K, and assets of $364K (revenue -17.1% year-over-year).
- 2022: Revenue of $83K, expenses of $90K, and assets of $387K (revenue +3.8% year-over-year).
- 2021: Revenue of $80K, expenses of $76K, and assets of $395K (revenue +25.8% year-over-year).
- 2020: Revenue of $64K, expenses of $91K, and assets of $397K (revenue -1.5% year-over-year).
- 2019: Revenue of $65K, expenses of $77K, and assets of $419K (revenue -0.2% year-over-year).
- 2018: Revenue of $65K, expenses of $76K, and assets of $432K (revenue +3.6% year-over-year).
- 2017: Revenue of $63K, expenses of $76K, and assets of $443K (revenue +0.2% year-over-year).
- 2016: Revenue of $62K, expenses of $78K, and assets of $457K (revenue +1.1% year-over-year).
- 2015: Revenue of $62K, expenses of $94K, and assets of $489K (revenue -0.7% year-over-year).
- 2014: Revenue of $62K, expenses of $85K, and assets of $504K (revenue +15.5% year-over-year).
- 2013: Revenue of $54K, expenses of $78K, and assets of $526K (revenue -4.4% year-over-year).
- 2012: Revenue of $56K, expenses of $71K, and assets of $551K (revenue -6.7% year-over-year).
- 2011: Revenue of $60K, expenses of $70K, and assets of $565K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Freeman Thomas Manor Inc:
Data Sources and Methodology
This transparency report for Freeman Thomas Manor Inc 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.