Fretzpark Homes Inc
EIN: 300220949 · Oklahoma City, OK · NTEE: P82
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $5.5M |
| Net Assets | $914K |
Is Fretzpark Homes Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fretzpark Homes Inc
Fretzpark Homes Inc (EIN: 300220949) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code P82. The organization reported total revenue of $5.5M and total assets of $711K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fretzpark Homes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fretzpark Homes Inc is a mid-size nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $5.5M |
| Surplus / Deficit | $-503,291 |
| Total Assets | $1.0M |
| Total Liabilities | $99K |
| Net Assets | $914K |
| Operating Margin | -10.1% |
| Debt-to-Asset Ratio | 9.7% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2023, Fretzpark Homes Inc reported a deficit of $503K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 9.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Fretzpark Homes Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.8% | +13.2% | -33.1% |
| 2022 | +4.3% | +3.5% | +60.4% |
| 2021 | +42.2% | +21.3% | +7.9% |
| 2020 | +12.3% | +21.6% | +74.3% |
| 2019 | +0.8% | -3.6% | +39.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fretzpark Homes Inc 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 Fretzpark Homes Inc 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 $503K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.7%.
Frequently Asked Questions about Fretzpark Homes Inc
Is Fretzpark Homes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fretzpark Homes Inc (EIN: 300220949) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fretzpark Homes Inc spend its money?
Detailed spending breakdown data is not yet available for Fretzpark Homes Inc. Check back for updated IRS 990 analysis.
Are donations to Fretzpark Homes Inc tax-deductible?
Fretzpark Homes Inc is registered as a tax-exempt nonprofit (EIN: 300220949). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fretzpark Homes Inc located?
Fretzpark Homes Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 300220949. It is classified under NTEE code P82.
How many years of IRS 990 filings does Fretzpark Homes Inc have?
Fretzpark Homes Inc 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 $5.5M in total revenue.
Filing History
IRS 990 filing history for Fretzpark Homes Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Fretzpark Homes Inc's revenue has grown by 237.6%, moving from $1.5M to $5.0M. Total assets increased by 483.8% over the same period, from $174K to $1.0M. Total functional expenses rose by 276.5%, from $1.5M to $5.5M. In its most recent filing year (2023), Fretzpark Homes Inc reported a deficit of $503K, with expenses exceeding revenue. The organization holds $99K in liabilities against $1.0M in assets (debt-to-asset ratio: 9.7%), resulting in net assets of $914K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $5.5M | $1.0M | $99K | — | — |
| 2022 | $5.5M | $4.9M | $1.5M | $96K | — | View 990 |
| 2021 | $5.3M | $4.7M | $944K | $144K | — | View 990 |
| 2020 | $3.7M | $3.9M | $874K | $634K | — | — |
| 2019 | $3.3M | $3.2M | $502K | $84K | — | View 990 |
| 2018 | $3.3M | $3.3M | $361K | $54K | — | View 990 |
| 2017 | $2.9M | $2.8M | $430K | $85K | — | View 990 |
| 2016 | $2.1M | $2.1M | $282K | $79K | — | View 990 |
| 2015 | $1.9M | $1.9M | $231K | $45K | — | View 990 |
| 2014 | $1.8M | $1.7M | $229K | $43K | — | View 990 |
| 2013 | $1.7M | $1.7M | $169K | $36K | — | View 990 |
| 2012 | $1.5M | $1.5M | $174K | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $5.5M, and assets of $1.0M (revenue -8.8% year-over-year).
- 2022: Revenue of $5.5M, expenses of $4.9M, and assets of $1.5M (revenue +4.3% year-over-year).
- 2021: Revenue of $5.3M, expenses of $4.7M, and assets of $944K (revenue +42.2% year-over-year).
- 2020: Revenue of $3.7M, expenses of $3.9M, and assets of $874K (revenue +12.3% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.2M, and assets of $502K (revenue +0.8% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.3M, and assets of $361K (revenue +11.4% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.8M, and assets of $430K (revenue +38.9% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.1M, and assets of $282K (revenue +13.4% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.9M, and assets of $231K (revenue +5.1% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.7M, and assets of $229K (revenue +3.1% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $169K (revenue +15.9% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $174K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fretzpark Homes Inc:
Data Sources and Methodology
This transparency report for Fretzpark Homes Inc 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.