Freeport Baseball Association Incorporated
Freeport Baseball Association operates with volunteer leadership and declining assets, maintaining consistent revenue streams.
EIN: 203069782 · Freeport, MN · NTEE: N63 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $119K |
| Total Expenses | $60K |
| Program Spending | 90% |
| Net Assets | $239K |
| Transparency Score | 85/100 |
Is Freeport Baseball Association Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Freeport Baseball Association Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Freeport Baseball Association Incorporated
Freeport Baseball Association Incorporated (EIN: 203069782) is a nonprofit organization based in Freeport, MN, classified under NTEE code N63. The organization reported total revenue of $119K and total assets of $475K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freeport Baseball Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Freeport Baseball Association Incorporated is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $60K |
| Surplus / Deficit | +$11K |
| Total Assets | $439K |
| Total Liabilities | $200K |
| Net Assets | $239K |
| Operating Margin | 15.2% |
| Debt-to-Asset Ratio | 45.5% |
| Months of Reserves | 87.9 months |
Financial Health Grade: A
In 2023, Freeport Baseball Association Incorporated reported a surplus of $11K with revenue exceeding expenses, holds 87.9 months of operating reserves (strong position), has a debt-to-asset ratio of 45.5% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Freeport Baseball Association Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.7% | -29.4% | -1.7% |
| 2022 | +44.2% | +5.9% | -0.9% |
| 2021 | +13.2% | +3.1% | -5.2% |
| 2020 | +2.9% | -0.4% | -5.7% |
| 2019 | -3.7% | -5.8% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Freeport Baseball Association Incorporated with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Freeport Baseball Association Incorporated allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.5%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Freeport Baseball Association Incorporated:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Regular and consistent IRS 990 filing history (14 filings), demonstrating transparency and compliance.
- Stable revenue streams over the past decade, suggesting consistent community support.
- Decreasing liabilities over recent years, indicating improved debt management.
Frequently Asked Questions about Freeport Baseball Association Incorporated
Is Freeport Baseball Association Incorporated a legitimate charity?
Freeport Baseball Association Incorporated (EIN: 203069782) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $119K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Freeport Baseball Association Incorporated spend its money?
Freeport Baseball Association Incorporated directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Freeport Baseball Association Incorporated tax-deductible?
Freeport Baseball Association Incorporated is registered as a tax-exempt nonprofit (EIN: 203069782). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Freeport Baseball Association Incorporated's spending goes to programs?
Freeport Baseball Association Incorporated directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Freeport Baseball Association Incorporated compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Freeport Baseball Association Incorporated is above average for NTEE category N63 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Freeport Baseball Association Incorporated located?
Freeport Baseball Association Incorporated is headquartered in Freeport, Minnesota and files with the IRS under EIN 203069782. It is classified under NTEE code N63.
How many years of IRS 990 filings does Freeport Baseball Association Incorporated have?
Freeport Baseball Association Incorporated has 14 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 $119K in total revenue.
Is Freeport Baseball Association Incorporated a good charity?
Based on the available data, Freeport Baseball Association Incorporated appears to be a well-managed, volunteer-led organization with consistent financial reporting. The 0% officer compensation is a strong indicator of efficient use of funds. However, a detailed breakdown of program vs. administrative expenses would provide a more complete picture of its charitable effectiveness.
How has the organization's financial health changed over time?
The organization's assets have decreased from a high of $620,470 in 2015 to $439,414 in 2023, while liabilities have also generally decreased. Revenues and expenses have remained relatively stable, indicating a consistent operational scale despite the asset decline.
What is the trend in the organization's liabilities?
Liabilities have shown a general downward trend, decreasing from $268,247 in 2015 to $199,929 in 2023, which suggests improved financial stability in managing its debts.
Filing History
IRS 990 filing history for Freeport Baseball Association Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Freeport Baseball Association Incorporated's revenue has grown by 10.6%, moving from $64K to $71K. Total assets increased by 8.2% over the same period, from $406K to $439K. Total functional expenses fell by 13.9%, from $70K to $60K. In its most recent filing year (2023), Freeport Baseball Association Incorporated reported a surplus of $11K, with revenue exceeding expenses. The organization holds $200K in liabilities against $439K in assets (debt-to-asset ratio: 45.5%), resulting in net assets of $239K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $60K | $439K | $200K | — | — |
| 2022 | $93K | $85K | $447K | $218K | — | View 990 |
| 2021 | $64K | $80K | $451K | $230K | — | View 990 |
| 2020 | $57K | $78K | $476K | $239K | — | View 990 |
| 2019 | $55K | $78K | $504K | $246K | — | View 990 |
| 2018 | $57K | $83K | $535K | $254K | — | View 990 |
| 2017 | $57K | $79K | $568K | $255K | — | View 990 |
| 2016 | $80K | $96K | $597K | $262K | — | View 990 |
| 2015 | $98K | $85K | $620K | $268K | — | View 990 |
| 2014 | $96K | $56K | $418K | $79K | — | View 990 |
| 2013 | $102K | $47K | $433K | $133K | — | View 990 |
| 2012 | $84K | $71K | $403K | $158K | — | View 990 |
| 2011 | $55K | $56K | $390K | $158K | — | View 990 |
| 2010 | $64K | $70K | $406K | $173K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71K, expenses of $60K, and assets of $439K (revenue -23.7% year-over-year).
- 2022: Revenue of $93K, expenses of $85K, and assets of $447K (revenue +44.2% year-over-year).
- 2021: Revenue of $64K, expenses of $80K, and assets of $451K (revenue +13.2% year-over-year).
- 2020: Revenue of $57K, expenses of $78K, and assets of $476K (revenue +2.9% year-over-year).
- 2019: Revenue of $55K, expenses of $78K, and assets of $504K (revenue -3.7% year-over-year).
- 2018: Revenue of $57K, expenses of $83K, and assets of $535K (revenue +1.0% year-over-year).
- 2017: Revenue of $57K, expenses of $79K, and assets of $568K (revenue -28.8% year-over-year).
- 2016: Revenue of $80K, expenses of $96K, and assets of $597K (revenue -18.5% year-over-year).
- 2015: Revenue of $98K, expenses of $85K, and assets of $620K (revenue +2.1% year-over-year).
- 2014: Revenue of $96K, expenses of $56K, and assets of $418K (revenue -6.0% year-over-year).
- 2013: Revenue of $102K, expenses of $47K, and assets of $433K (revenue +21.3% year-over-year).
- 2012: Revenue of $84K, expenses of $71K, and assets of $403K (revenue +52.4% year-over-year).
- 2011: Revenue of $55K, expenses of $56K, and assets of $390K (revenue -13.8% year-over-year).
- 2010: Revenue of $64K, expenses of $70K, and assets of $406K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Freeport Baseball Association Incorporated:
Data Sources and Methodology
This transparency report for Freeport Baseball Association Incorporated 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.