Fremont County Board Of Realtors Incorporated
Fremont County Board Of Realtors Inc. shows asset growth despite recent operational deficits.
EIN: 203113144 · Casper, WY · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $54K |
| Total Expenses | $64K |
| Program Spending | 70% |
| Net Assets | $93K |
| Transparency Score | 75/100 |
Is Fremont County Board Of Realtors Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fremont County Board Of Realtors Incorporated directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Fremont County Board Of Realtors Incorporated
Fremont County Board Of Realtors Incorporated (EIN: 203113144) is a nonprofit organization based in Casper, WY, classified under NTEE code S41. The organization reported total revenue of $54K and total assets of $143K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fremont County Board Of Realtors Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fremont County Board Of Realtors Incorporated is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $64K |
| Surplus / Deficit | $-8,475 |
| Total Assets | $161K |
| Total Liabilities | $68K |
| Net Assets | $93K |
| Operating Margin | -15.1% |
| Debt-to-Asset Ratio | 42.3% |
| Months of Reserves | 30.1 months |
Financial Health Grade: B
In 2023, Fremont County Board Of Realtors Incorporated reported a deficit of $8K with expenses exceeding revenue, holds 30.1 months of operating reserves (strong position), has a debt-to-asset ratio of 42.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fremont County Board Of Realtors Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.7% | -4.7% | +58.9% |
| 2022 | -30.9% | +7.4% | -7.5% |
| 2021 | +246.5% | +228.5% | +26.3% |
| 2020 | -46.0% | -52.6% | +6.9% |
| 2019 | -13.1% | +14.1% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Fremont County Board Of Realtors Incorporated with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Fremont County Board Of Realtors Incorporated allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that officers are either uncompensated or compensated through mechanisms not categorized as officer compensation on the 990, indicating a very lean or volunteer-led executive structure.
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.
Red Flags
The following concerns were identified during AI analysis of Fremont County Board Of Realtors Incorporated's IRS 990 filings:
- Consistent operational deficits in recent years (202312, 202212) where expenses exceeded revenue.
- Significant increase in liabilities to $68,349 in 202312, which is a new trend for the organization.
Strengths
The following positive indicators were identified for Fremont County Board Of Realtors Incorporated:
- Consistent filing of IRS Form 990s over 13 periods, indicating good transparency.
- Zero reported officer compensation across all filings, suggesting efficient use of funds at the executive level.
- Consistent growth in assets over the long term, from $20,244 in 201412 to $161,461 in 202312.
Frequently Asked Questions about Fremont County Board Of Realtors Incorporated
Is Fremont County Board Of Realtors Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Fremont County Board Of Realtors Incorporated (EIN: 203113144) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Fremont County Board Of Realtors Incorporated spend its money?
Fremont County Board Of Realtors Incorporated directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fremont County Board Of Realtors Incorporated tax-deductible?
Fremont County Board Of Realtors Incorporated is registered as a tax-exempt nonprofit (EIN: 203113144). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fremont County Board Of Realtors Incorporated's spending goes to programs?
Fremont County Board Of Realtors Incorporated directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Fremont County Board Of Realtors Incorporated compare to similar nonprofits?
With a transparency score of 75/100 (Good), Fremont County Board Of Realtors Incorporated is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fremont County Board Of Realtors Incorporated located?
Fremont County Board Of Realtors Incorporated is headquartered in Casper, Wyoming and files with the IRS under EIN 203113144. It is classified under NTEE code S41.
How many years of IRS 990 filings does Fremont County Board Of Realtors Incorporated have?
Fremont County Board Of Realtors Incorporated 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 $54K in total revenue.
What caused the significant increase in liabilities to $68,349 in 202312?
The provided data does not specify the nature of these liabilities, but it represents a substantial increase from previous periods where liabilities were often $0, suggesting a new financial obligation or debt.
How does the organization cover its operational deficits, such as the $8,475 deficit in 202312?
Operational deficits are likely covered by drawing from accumulated assets or through the incurrence of liabilities, as observed in the 202312 filing where assets increased but so did liabilities.
What are the specific program activities and their associated costs for a 'Business & Commerce Organization' like this?
Without a detailed breakdown of expenses, it's difficult to ascertain specific program activities. For an NTEE S41 organization, programs typically involve professional development, networking events, advocacy, or educational initiatives for real estate professionals.
Filing History
IRS 990 filing history for Fremont County Board Of Realtors Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fremont County Board Of Realtors Incorporated's revenue has declined by 37.8%, moving from $90K to $56K. Total assets increased by 426% over the same period, from $31K to $161K. Total functional expenses fell by 22%, from $83K to $64K. In its most recent filing year (2023), Fremont County Board Of Realtors Incorporated reported a deficit of $8K, with expenses exceeding revenue. The organization holds $68K in liabilities against $161K in assets (debt-to-asset ratio: 42.3%), resulting in net assets of $93K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $64K | $161K | $68K | — | — |
| 2022 | $59K | $68K | $102K | $0 | — | — |
| 2021 | $86K | $63K | $110K | $0 | — | — |
| 2020 | $25K | $19K | $87K | $0 | — | — |
| 2019 | $46K | $40K | $81K | $0 | — | View 990 |
| 2018 | $53K | $35K | $76K | $0 | — | View 990 |
| 2017 | $58K | $38K | $59K | $0 | — | — |
| 2016 | $45K | $39K | $38K | $0 | — | View 990 |
| 2015 | $52K | $38K | $33K | $0 | — | View 990 |
| 2014 | $55K | $109K | $20K | $2K | — | View 990 |
| 2013 | $119K | $72K | $72K | $0 | — | View 990 |
| 2012 | $54K | $60K | $25K | $0 | — | View 990 |
| 2011 | $90K | $83K | $31K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $56K, expenses of $64K, and assets of $161K (revenue -5.7% year-over-year).
- 2022: Revenue of $59K, expenses of $68K, and assets of $102K (revenue -30.9% year-over-year).
- 2021: Revenue of $86K, expenses of $63K, and assets of $110K (revenue +246.5% year-over-year).
- 2020: Revenue of $25K, expenses of $19K, and assets of $87K (revenue -46.0% year-over-year).
- 2019: Revenue of $46K, expenses of $40K, and assets of $81K (revenue -13.1% year-over-year).
- 2018: Revenue of $53K, expenses of $35K, and assets of $76K (revenue -9.7% year-over-year).
- 2017: Revenue of $58K, expenses of $38K, and assets of $59K (revenue +31.2% year-over-year).
- 2016: Revenue of $45K, expenses of $39K, and assets of $38K (revenue -14.9% year-over-year).
- 2015: Revenue of $52K, expenses of $38K, and assets of $33K (revenue -4.3% year-over-year).
- 2014: Revenue of $55K, expenses of $109K, and assets of $20K (revenue -54.1% year-over-year).
- 2013: Revenue of $119K, expenses of $72K, and assets of $72K (revenue +121.1% year-over-year).
- 2012: Revenue of $54K, expenses of $60K, and assets of $25K (revenue -40.0% year-over-year).
- 2011: Revenue of $90K, expenses of $83K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fremont County Board Of Realtors Incorporated:
Data Sources and Methodology
This transparency report for Fremont County Board Of Realtors 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.