Historic Mitchelville Freedom Park Inc
EIN: 272308109 · Hilton Head, SC · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $767K |
| Net Assets | $818K |
Is Historic Mitchelville Freedom Park Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Historic Mitchelville Freedom Park Inc
Historic Mitchelville Freedom Park Inc (EIN: 272308109) is a nonprofit organization based in Hilton Head, SC, classified under NTEE code A80. The organization reported total revenue of $1.5M and total assets of $7.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Historic Mitchelville Freedom Park Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Historic Mitchelville Freedom Park Inc is a mid-size nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 22.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $603K |
| Total Expenses | $767K |
| Surplus / Deficit | $-163,376 |
| Total Assets | $818K |
| Net Assets | $818K |
| Operating Margin | -27.1% |
| Months of Reserves | 12.8 months |
Financial Health Grade: B
In 2022, Historic Mitchelville Freedom Park Inc reported a deficit of $163K with expenses exceeding revenue, holds 12.8 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2013–2022), Historic Mitchelville Freedom Park Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -7.0% | +3.7% | -17.1% |
| 2021 | -42.3% | +55.2% | -9.9% |
| 2020 | +118.8% | +8.7% | +151.9% |
| 2019 | +31.6% | +35.9% | +86.0% |
| 2018 | +46.6% | +56.1% | +44.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Historic Mitchelville Freedom Park 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 Historic Mitchelville Freedom Park 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $163K, with expenses exceeding revenue.
Frequently Asked Questions about Historic Mitchelville Freedom Park Inc
Is Historic Mitchelville Freedom Park Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Historic Mitchelville Freedom Park Inc (EIN: 272308109) insufficient data. 0 red flags identified, 0 strengths noted.
How does Historic Mitchelville Freedom Park Inc spend its money?
Detailed spending breakdown data is not yet available for Historic Mitchelville Freedom Park Inc. Check back for updated IRS 990 analysis.
Are donations to Historic Mitchelville Freedom Park Inc tax-deductible?
Historic Mitchelville Freedom Park Inc is registered as a tax-exempt nonprofit (EIN: 272308109). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Historic Mitchelville Freedom Park Inc located?
Historic Mitchelville Freedom Park Inc is headquartered in Hilton Head, South Carolina and files with the IRS under EIN 272308109. It is classified under NTEE code A80.
How many years of IRS 990 filings does Historic Mitchelville Freedom Park Inc have?
Historic Mitchelville Freedom Park Inc has 10 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Historic Mitchelville Freedom Park Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), Historic Mitchelville Freedom Park Inc's revenue has grown by 528.6%, moving from $96K to $603K. Total assets increased by 1615.7% over the same period, from $48K to $818K. Total functional expenses rose by 723.5%, from $93K to $767K. In its most recent filing year (2022), Historic Mitchelville Freedom Park Inc reported a deficit of $163K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $603K | $767K | $818K | $0 | — | — |
| 2021 | $649K | $740K | $988K | $11K | — | View 990 |
| 2020 | $1.1M | $477K | $1.1M | $28K | — | View 990 |
| 2019 | $514K | $439K | $435K | $179K | — | View 990 |
| 2018 | $390K | $323K | $234K | $45K | — | View 990 |
| 2017 | $266K | $207K | $162K | $34K | — | View 990 |
| 2016 | $169K | $137K | $96K | $28K | — | View 990 |
| 2015 | $89K | $88K | $61K | $25K | — | View 990 |
| 2014 | $130K | $82K | $99K | $3K | — | View 990 |
| 2013 | $96K | $93K | $48K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $603K, expenses of $767K, and assets of $818K (revenue -7.0% year-over-year).
- 2021: Revenue of $649K, expenses of $740K, and assets of $988K (revenue -42.3% year-over-year).
- 2020: Revenue of $1.1M, expenses of $477K, and assets of $1.1M (revenue +118.8% year-over-year).
- 2019: Revenue of $514K, expenses of $439K, and assets of $435K (revenue +31.6% year-over-year).
- 2018: Revenue of $390K, expenses of $323K, and assets of $234K (revenue +46.6% year-over-year).
- 2017: Revenue of $266K, expenses of $207K, and assets of $162K (revenue +57.6% year-over-year).
- 2016: Revenue of $169K, expenses of $137K, and assets of $96K (revenue +89.7% year-over-year).
- 2015: Revenue of $89K, expenses of $88K, and assets of $61K (revenue -31.5% year-over-year).
- 2014: Revenue of $130K, expenses of $82K, and assets of $99K (revenue +35.5% year-over-year).
- 2013: Revenue of $96K, expenses of $93K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Historic Mitchelville Freedom Park Inc:
Data Sources and Methodology
This transparency report for Historic Mitchelville Freedom Park 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.