Freeport Area Church Cooperative
EIN: 237317457 · Freeport, IL · NTEE: P200
| Metric | Value |
|---|---|
| Total Revenue | $382K |
| Total Expenses | $586K |
| Net Assets | $453K |
Is Freeport Area Church Cooperative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Freeport Area Church Cooperative
Freeport Area Church Cooperative (EIN: 237317457) is a nonprofit organization based in Freeport, IL, classified under NTEE code P200. The organization reported total revenue of $382K and total assets of $474K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freeport Area Church Cooperative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Freeport Area Church Cooperative is a small nonprofit that has been operating for 53 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $422K |
| Total Expenses | $586K |
| Surplus / Deficit | $-163,833 |
| Total Assets | $456K |
| Total Liabilities | $2K |
| Net Assets | $453K |
| Operating Margin | -38.8% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 9.3 months |
Financial Health Grade: B
In 2022, Freeport Area Church Cooperative reported a deficit of $164K with expenses exceeding revenue, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Freeport Area Church Cooperative's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -15.2% | +33.4% | -26.9% |
| 2021 | -22.7% | -12.5% | +11.2% |
| 2020 | +23.1% | -22.0% | +34.7% |
| 2019 | -24.3% | -4.8% | -22.3% |
| 2018 | -6.6% | -4.2% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Freeport Area Church Cooperative 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 Freeport Area Church Cooperative 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $164K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Freeport Area Church Cooperative
Is Freeport Area Church Cooperative a legitimate charity?
Based on AI analysis of IRS 990 filings, Freeport Area Church Cooperative (EIN: 237317457) insufficient data. 0 red flags identified, 0 strengths noted.
How does Freeport Area Church Cooperative spend its money?
Detailed spending breakdown data is not yet available for Freeport Area Church Cooperative. Check back for updated IRS 990 analysis.
Are donations to Freeport Area Church Cooperative tax-deductible?
Freeport Area Church Cooperative is registered as a tax-exempt nonprofit (EIN: 237317457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Freeport Area Church Cooperative located?
Freeport Area Church Cooperative is headquartered in Freeport, Illinois and files with the IRS under EIN 237317457. It is classified under NTEE code P200.
How many years of IRS 990 filings does Freeport Area Church Cooperative have?
Freeport Area Church Cooperative has 12 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 $382K in total revenue.
Filing History
IRS 990 filing history for Freeport Area Church Cooperative showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Freeport Area Church Cooperative's revenue has declined by 22%, moving from $541K to $422K. Total assets decreased by 23.4% over the same period, from $595K to $456K. Total functional expenses rose by 18.2%, from $496K to $586K. In its most recent filing year (2022), Freeport Area Church Cooperative reported a deficit of $164K, with expenses exceeding revenue. The organization holds $2K in liabilities against $456K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $453K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $422K | $586K | $456K | $2K | — | — |
| 2021 | $498K | $439K | $624K | $747 | — | View 990 |
| 2020 | $644K | $502K | $561K | $25 | — | — |
| 2019 | $524K | $644K | $417K | $754 | — | View 990 |
| 2018 | $692K | $676K | $536K | $4 | — | View 990 |
| 2017 | $741K | $706K | $521K | $1K | — | View 990 |
| 2016 | $585K | $688K | $489K | $6K | — | View 990 |
| 2015 | $622K | $681K | $592K | $8K | — | View 990 |
| 2014 | $700K | $596K | $651K | $8K | — | View 990 |
| 2013 | $553K | $562K | $587K | $48K | — | View 990 |
| 2012 | $579K | $583K | $597K | $49K | — | View 990 |
| 2011 | $541K | $496K | $595K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $422K, expenses of $586K, and assets of $456K (revenue -15.2% year-over-year).
- 2021: Revenue of $498K, expenses of $439K, and assets of $624K (revenue -22.7% year-over-year).
- 2020: Revenue of $644K, expenses of $502K, and assets of $561K (revenue +23.1% year-over-year).
- 2019: Revenue of $524K, expenses of $644K, and assets of $417K (revenue -24.3% year-over-year).
- 2018: Revenue of $692K, expenses of $676K, and assets of $536K (revenue -6.6% year-over-year).
- 2017: Revenue of $741K, expenses of $706K, and assets of $521K (revenue +26.5% year-over-year).
- 2016: Revenue of $585K, expenses of $688K, and assets of $489K (revenue -5.9% year-over-year).
- 2015: Revenue of $622K, expenses of $681K, and assets of $592K (revenue -11.2% year-over-year).
- 2014: Revenue of $700K, expenses of $596K, and assets of $651K (revenue +26.6% year-over-year).
- 2013: Revenue of $553K, expenses of $562K, and assets of $587K (revenue -4.5% year-over-year).
- 2012: Revenue of $579K, expenses of $583K, and assets of $597K (revenue +7.0% year-over-year).
- 2011: Revenue of $541K, expenses of $496K, and assets of $595K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Freeport Area Church Cooperative:
Data Sources and Methodology
This transparency report for Freeport Area Church Cooperative 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.