Freshwater Foundation
EIN: 271821336 · St Paul, MN
| Metric | Value |
|---|---|
| Total Expenses | $913K |
| Net Assets | $3.9M |
Is Freshwater Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Freshwater Foundation
Freshwater Foundation (EIN: 271821336) is a nonprofit organization based in St Paul, MN. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freshwater Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Freshwater Foundation is a small nonprofit, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $983K |
| Total Expenses | $913K |
| Surplus / Deficit | +$69K |
| Total Assets | $3.9M |
| Total Liabilities | $24K |
| Net Assets | $3.9M |
| Operating Margin | 7.0% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 51.2 months |
Financial Health Grade: A
In 2015, Freshwater Foundation reported a surplus of $69K with revenue exceeding expenses, holds 51.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 4 years of filings (2012–2015), Freshwater Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +2.5% | -8.6% | +0.2% |
| 2014 | -2.2% | +6.5% | +0.7% |
| 2013 | +1.1% | +0.4% | +1.9% |
AI Analysis Pending
AI enrichment for Freshwater Foundation 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 Freshwater Foundation 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $69K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Freshwater Foundation
Is Freshwater Foundation a legitimate charity?
Freshwater Foundation (EIN: 271821336) is a registered tax-exempt nonprofit based in Minnesota. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Freshwater Foundation spend its money?
Freshwater Foundation reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Freshwater Foundation tax-deductible?
Freshwater Foundation is registered as a tax-exempt nonprofit (EIN: 271821336). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Freshwater Foundation located?
Freshwater Foundation is headquartered in St Paul, Minnesota and files with the IRS under EIN 271821336.
How many years of IRS 990 filings does Freshwater Foundation have?
Freshwater Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Freshwater Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Freshwater Foundation's revenue has grown by 1.3%, moving from $970K to $983K. Total assets increased by 2.8% over the same period, from $3.8M to $3.9M. Total functional expenses fell by 2.1%, from $933K to $913K. In its most recent filing year (2015), Freshwater Foundation reported a surplus of $69K, with revenue exceeding expenses. The organization holds $24K in liabilities against $3.9M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $983K | $913K | $3.9M | $24K | — | View 990 |
| 2014 | $959K | $999K | $3.9M | $37K | — | View 990 |
| 2013 | $981K | $938K | $3.9M | $37K | — | View 990 |
| 2012 | $970K | $933K | $3.8M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $983K, expenses of $913K, and assets of $3.9M (revenue +2.5% year-over-year).
- 2014: Revenue of $959K, expenses of $999K, and assets of $3.9M (revenue -2.2% year-over-year).
- 2013: Revenue of $981K, expenses of $938K, and assets of $3.9M (revenue +1.1% year-over-year).
- 2012: Revenue of $970K, expenses of $933K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Freshwater Foundation:
Data Sources and Methodology
This transparency report for Freshwater Foundation 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.