Loon Freestyle Inc
Loon Freestyle Inc shows consistent growth and strong financial health with zero liabilities and no officer compensation.
EIN: 20459622 · Lincoln, NH · NTEE: N99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $192K |
| Program Spending | 90% |
| Net Assets | $194K |
| Transparency Score | 92/100 |
Search Intent Cockpit
Loon Freestyle Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Loon Freestyle Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Loon Freestyle Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $183K and expenses of $192K.
Revenue and Expenses
Loon Freestyle Inc reported $183K in revenue and $192K in expenses, a deficit of $9K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
92/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Loon Freestyle Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $173K (90%) |
Across stored filings, Loon Freestyle Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Hellenic Society Paideia Of New Hampshire | New Hampshire and Category N context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Lincoln, NH nonprofitsCategory N in New Hampshire
Human Services in New Hampshire
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Keep the Investigation Moving
Loon Freestyle Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Loon Freestyle Inc
Loon Freestyle Inc (EIN: 20459622) is a nonprofit organization based in Lincoln, NH, classified under NTEE code N99Z. The organization reported total revenue of $174K and total assets of $188K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Loon Freestyle Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Loon Freestyle Inc is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $183K |
| Total Expenses | $192K |
| Surplus / Deficit | $-8,989 |
| Total Assets | $194K |
| Net Assets | $194K |
| Operating Margin | -4.9% |
| Months of Reserves | 12.1 months |
Financial Health Grade: B
In 2024, Loon Freestyle Inc reported a deficit of $9K with expenses exceeding revenue, holds 12.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Loon Freestyle Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.0% | +3.9% | +2.2% |
| 2023 | +27.0% | +49.4% | +3.2% |
| 2022 | +63.5% | +68.4% | +16.7% |
| 2021 | +8.8% | -5.4% | +13.2% |
| 2020 | -11.3% | +9.6% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Loon Freestyle Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Loon Freestyle Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Executive Compensation Analysis
Loon Freestyle Inc reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This suggests a volunteer-led or very lean leadership structure, directing all resources towards the organization's mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Loon Freestyle Inc:
- Consistent revenue growth, from $63,533 in 2015 to $182,940 in 2024.
- Zero liabilities reported across all 13 filings, indicating excellent financial health.
- 0% officer compensation, suggesting high efficiency and direct application of funds to mission.
- Steady asset growth, from $98,177 in 2015 to $193,744 in 2024.
- Consistent filing of IRS 990 forms for 13 periods, demonstrating transparency.
Frequently Asked Questions about Loon Freestyle Inc
Is Loon Freestyle Inc a legitimate charity?
Loon Freestyle Inc (EIN: 20459622) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $174K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Loon Freestyle Inc spend its money?
Loon Freestyle Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Loon Freestyle Inc tax-deductible?
Loon Freestyle Inc is registered as a tax-exempt nonprofit (EIN: 20459622). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Loon Freestyle Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Loon Freestyle Inc is above average for NTEE category N99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Loon Freestyle Inc located?
Loon Freestyle Inc is headquartered in Lincoln, New Hampshire and files with the IRS under EIN 20459622. It is classified under NTEE code N99Z.
How many years of IRS 990 filings does Loon Freestyle Inc have?
Loon Freestyle Inc 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 $174K in total revenue.
Is Loon Freestyle Inc a good charity?
Based on the available financial data, Loon Freestyle Inc appears to be a very good charity. It exhibits strong financial health, consistent growth, zero liabilities, and a notable commitment to directing all funds to its mission by reporting 0% officer compensation.
How has Loon Freestyle Inc's revenue changed over time?
Loon Freestyle Inc has shown consistent revenue growth, increasing from $63,533 in 2015 to $182,940 in 2024, demonstrating a strong upward trend in financial support.
What is the organization's liability situation?
Loon Freestyle Inc consistently reports $0 in liabilities across all available filings, indicating exceptional financial stability and no outstanding debt.
Does Loon Freestyle Inc pay its officers?
No, Loon Freestyle Inc consistently reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or a structure where executive roles are unpaid.
Filing History
IRS 990 filing history for Loon Freestyle Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Loon Freestyle Inc's revenue has grown by 236%, moving from $54K to $183K. Total assets increased by 207.6% over the same period, from $63K to $194K. Total functional expenses rose by 298.7%, from $48K to $192K. In its most recent filing year (2024), Loon Freestyle Inc reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $183K | $192K | $194K | $0 | — | View 990 |
| 2023 | $191K | $185K | $190K | $0 | — | View 990 |
| 2022 | $150K | $124K | $184K | $0 | — | View 990 |
| 2021 | $92K | $73K | $157K | $0 | — | View 990 |
| 2020 | $84K | $78K | $139K | $0 | — | — |
| 2019 | $95K | $71K | $132K | $0 | — | View 990 |
| 2018 | $76K | $66K | $108K | $0 | — | View 990 |
| 2017 | $77K | $72K | $98K | $0 | — | View 990 |
| 2016 | $103K | $89K | $112K | $0 | — | View 990 |
| 2015 | $64K | $54K | $98K | $0 | — | View 990 |
| 2014 | $90K | $68K | $89K | $0 | — | View 990 |
| 2013 | $44K | $44K | $63K | $0 | — | View 990 |
| 2012 | $54K | $48K | $63K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $183K, expenses of $192K, and assets of $194K (revenue -4.0% year-over-year).
- 2023: Revenue of $191K, expenses of $185K, and assets of $190K (revenue +27.0% year-over-year).
- 2022: Revenue of $150K, expenses of $124K, and assets of $184K (revenue +63.5% year-over-year).
- 2021: Revenue of $92K, expenses of $73K, and assets of $157K (revenue +8.8% year-over-year).
- 2020: Revenue of $84K, expenses of $78K, and assets of $139K (revenue -11.3% year-over-year).
- 2019: Revenue of $95K, expenses of $71K, and assets of $132K (revenue +24.4% year-over-year).
- 2018: Revenue of $76K, expenses of $66K, and assets of $108K (revenue -0.3% year-over-year).
- 2017: Revenue of $77K, expenses of $72K, and assets of $98K (revenue -25.2% year-over-year).
- 2016: Revenue of $103K, expenses of $89K, and assets of $112K (revenue +61.4% year-over-year).
- 2015: Revenue of $64K, expenses of $54K, and assets of $98K (revenue -29.4% year-over-year).
- 2014: Revenue of $90K, expenses of $68K, and assets of $89K (revenue +106.1% year-over-year).
- 2013: Revenue of $44K, expenses of $44K, and assets of $63K (revenue -19.8% year-over-year).
- 2012: Revenue of $54K, expenses of $48K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Loon Freestyle Inc:
Data Sources and Methodology
This transparency report for Loon Freestyle 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.