Fremont Ice Association
EIN: 300342632 · Fremont, NE · NTEE: N68
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $482K |
| Net Assets | $293K |
Is Fremont Ice Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fremont Ice Association
Fremont Ice Association (EIN: 300342632) is a nonprofit organization based in Fremont, NE, classified under NTEE code N68. The organization reported total revenue of $2.2M and total assets of $390K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fremont Ice Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fremont Ice Association is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $469K |
| Total Expenses | $482K |
| Surplus / Deficit | $-13,097 |
| Total Assets | $293K |
| Net Assets | $293K |
| Operating Margin | -2.8% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, Fremont Ice Association reported a deficit of $13K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Fremont Ice Association's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.7% | +3.2% | -4.3% |
| 2022 | +98.8% | +40.4% | +103.4% |
| 2021 | +35.0% | +68.1% | -11.4% |
| 2020 | -7.6% | -4.6% | +25.2% |
| 2019 | +21.4% | -10.1% | +47.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fremont Ice Association 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 Fremont Ice Association 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 $13K, with expenses exceeding revenue.
Frequently Asked Questions about Fremont Ice Association
Is Fremont Ice Association a legitimate charity?
Fremont Ice Association (EIN: 300342632) is a registered tax-exempt nonprofit based in Nebraska. It has 13 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: B.
How does Fremont Ice Association spend its money?
Fremont Ice Association reported $2.2M 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 Fremont Ice Association tax-deductible?
Fremont Ice Association is registered as a tax-exempt nonprofit (EIN: 300342632). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fremont Ice Association located?
Fremont Ice Association is headquartered in Fremont, Nebraska and files with the IRS under EIN 300342632. It is classified under NTEE code N68.
How many years of IRS 990 filings does Fremont Ice Association have?
Fremont Ice Association 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Fremont Ice Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fremont Ice Association's revenue has grown by 570%, moving from $70K to $469K. Total assets increased by 1872.9% over the same period, from $15K to $293K. Total functional expenses rose by 511.2%, from $79K to $482K. In its most recent filing year (2023), Fremont Ice Association reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $469K | $482K | $293K | $0 | — | — |
| 2022 | $622K | $467K | $306K | $0 | — | View 990 |
| 2021 | $313K | $332K | $150K | $0 | — | — |
| 2020 | $232K | $198K | $170K | $0 | — | View 990 |
| 2019 | $251K | $207K | $136K | $0 | — | View 990 |
| 2018 | $207K | $231K | $92K | $0 | — | View 990 |
| 2017 | $276K | $200K | $116K | $0 | — | — |
| 2016 | $204K | $212K | $41K | $0 | — | View 990 |
| 2015 | $199K | $187K | $57K | $9K | — | View 990 |
| 2014 | $95K | $103K | $37K | $0 | — | View 990 |
| 2013 | $115K | $83K | $45K | $0 | — | View 990 |
| 2012 | $61K | $63K | $12K | $0 | — | View 990 |
| 2011 | $70K | $79K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $469K, expenses of $482K, and assets of $293K (revenue -24.7% year-over-year).
- 2022: Revenue of $622K, expenses of $467K, and assets of $306K (revenue +98.8% year-over-year).
- 2021: Revenue of $313K, expenses of $332K, and assets of $150K (revenue +35.0% year-over-year).
- 2020: Revenue of $232K, expenses of $198K, and assets of $170K (revenue -7.6% year-over-year).
- 2019: Revenue of $251K, expenses of $207K, and assets of $136K (revenue +21.4% year-over-year).
- 2018: Revenue of $207K, expenses of $231K, and assets of $92K (revenue -25.0% year-over-year).
- 2017: Revenue of $276K, expenses of $200K, and assets of $116K (revenue +34.8% year-over-year).
- 2016: Revenue of $204K, expenses of $212K, and assets of $41K (revenue +2.9% year-over-year).
- 2015: Revenue of $199K, expenses of $187K, and assets of $57K (revenue +109.8% year-over-year).
- 2014: Revenue of $95K, expenses of $103K, and assets of $37K (revenue -17.6% year-over-year).
- 2013: Revenue of $115K, expenses of $83K, and assets of $45K (revenue +89.9% year-over-year).
- 2012: Revenue of $61K, expenses of $63K, and assets of $12K (revenue -13.4% year-over-year).
- 2011: Revenue of $70K, expenses of $79K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fremont Ice Association:
Data Sources and Methodology
This transparency report for Fremont Ice Association 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.