Greater Freeport Partnership
EIN: 363280411 · Freeport, IL · NTEE: S31Z
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $960K |
| Net Assets | $434K |
Is Greater Freeport Partnership Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater Freeport Partnership
Greater Freeport Partnership (EIN: 363280411) is a nonprofit organization based in Freeport, IL, classified under NTEE code S31Z. The organization reported total revenue of $1.2M and total assets of $901K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Freeport Partnership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Freeport Partnership is a mid-size nonprofit that has been operating for 41 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $960K |
| Surplus / Deficit | +$95K |
| Total Assets | $935K |
| Total Liabilities | $501K |
| Net Assets | $434K |
| Operating Margin | 9.0% |
| Debt-to-Asset Ratio | 53.5% |
| Months of Reserves | 11.7 months |
Financial Health Grade: A
In 2023, Greater Freeport Partnership reported a surplus of $95K with revenue exceeding expenses, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 53.5% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Greater Freeport Partnership's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.0% | -4.2% | -0.1% |
| 2022 | +3.3% | +5.1% | +69.6% |
| 2021 | -10.1% | +13.4% | -11.5% |
| 2020 | +15.1% | +2.8% | +31.6% |
| 2019 | +25.8% | +26.4% | +9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater Freeport Partnership 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 Greater Freeport Partnership 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 surplus of $95K, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.5%.
Frequently Asked Questions about Greater Freeport Partnership
Is Greater Freeport Partnership a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Freeport Partnership (EIN: 363280411) insufficient data. 0 red flags identified, 0 strengths noted.
How does Greater Freeport Partnership spend its money?
Detailed spending breakdown data is not yet available for Greater Freeport Partnership. Check back for updated IRS 990 analysis.
Are donations to Greater Freeport Partnership tax-deductible?
Greater Freeport Partnership is registered as a tax-exempt nonprofit (EIN: 363280411). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater Freeport Partnership located?
Greater Freeport Partnership is headquartered in Freeport, Illinois and files with the IRS under EIN 363280411. It is classified under NTEE code S31Z.
How many years of IRS 990 filings does Greater Freeport Partnership have?
Greater Freeport Partnership 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Greater Freeport Partnership showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Greater Freeport Partnership's revenue has grown by 374.4%, moving from $222K to $1.1M. Total assets increased by 184.7% over the same period, from $328K to $935K. Total functional expenses rose by 413.8%, from $187K to $960K. In its most recent filing year (2023), Greater Freeport Partnership reported a surplus of $95K, with revenue exceeding expenses. The organization holds $501K in liabilities against $935K in assets (debt-to-asset ratio: 53.5%), resulting in net assets of $434K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $960K | $935K | $501K | — | — |
| 2022 | $902K | $1.0M | $936K | $596K | — | View 990 |
| 2021 | $873K | $954K | $552K | $112K | — | View 990 |
| 2020 | $972K | $841K | $623K | $103K | — | — |
| 2019 | $845K | $818K | $474K | $84K | — | View 990 |
| 2018 | $672K | $647K | $434K | $117K | — | View 990 |
| 2017 | $505K | $573K | $393K | $100K | — | View 990 |
| 2016 | $518K | $395K | $450K | $89K | — | View 990 |
| 2015 | $294K | $253K | $365K | $128K | — | View 990 |
| 2014 | $262K | $268K | $362K | $165K | — | View 990 |
| 2013 | $272K | $308K | $374K | $170K | — | View 990 |
| 2012 | $335K | $336K | $409K | $224K | — | View 990 |
| 2011 | $279K | $247K | $373K | $187K | — | View 990 |
| 2010 | $222K | $187K | $328K | $174K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $960K, and assets of $935K (revenue +17.0% year-over-year).
- 2022: Revenue of $902K, expenses of $1.0M, and assets of $936K (revenue +3.3% year-over-year).
- 2021: Revenue of $873K, expenses of $954K, and assets of $552K (revenue -10.1% year-over-year).
- 2020: Revenue of $972K, expenses of $841K, and assets of $623K (revenue +15.1% year-over-year).
- 2019: Revenue of $845K, expenses of $818K, and assets of $474K (revenue +25.8% year-over-year).
- 2018: Revenue of $672K, expenses of $647K, and assets of $434K (revenue +33.1% year-over-year).
- 2017: Revenue of $505K, expenses of $573K, and assets of $393K (revenue -2.6% year-over-year).
- 2016: Revenue of $518K, expenses of $395K, and assets of $450K (revenue +76.1% year-over-year).
- 2015: Revenue of $294K, expenses of $253K, and assets of $365K (revenue +12.4% year-over-year).
- 2014: Revenue of $262K, expenses of $268K, and assets of $362K (revenue -3.7% year-over-year).
- 2013: Revenue of $272K, expenses of $308K, and assets of $374K (revenue -18.8% year-over-year).
- 2012: Revenue of $335K, expenses of $336K, and assets of $409K (revenue +20.0% year-over-year).
- 2011: Revenue of $279K, expenses of $247K, and assets of $373K (revenue +25.5% year-over-year).
- 2010: Revenue of $222K, expenses of $187K, and assets of $328K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Freeport Partnership:
Data Sources and Methodology
This transparency report for Greater Freeport Partnership 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.