Civic Intelligence

Freeport Parks Foundation

990EZ • Fiscal year 2023 • EIN 20-8120204

Oct 01, 2022 to Sep 30, 2023 • Filed on Feb 25, 2024

Organization ProfileWWW.FREEPORTPARKSFOUNDATION.ORG
PO Box 417Freeport, IL 61032

(815) 232-4600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

95th percentile

75%

Higher net margin than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

49th percentile

0.3%

Faster asset growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2023

Revenue Growth

84th percentile

63%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$399,475

Flat from 2023

Net Assets

$399,475

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin95th percentile

Revenue

Flat

$119,249

Flat from 2023

Expenses

Flat

$29,769

Flat from 2023

Net Income

Flat

$89,480

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $123,712Liabilities 2011: $02011Assets 2012: $135,077Liabilities 2012: $0Net Assets 2012: $135,0772012Assets 2013: $195,200Net Assets 2013: $195,2002013Assets 2014: $175,667Liabilities 2014: $0Net Assets 2014: $175,6672014Assets 2015: $185,124Liabilities 2015: $0Net Assets 2015: $185,1242015Assets 2016: $194,484Liabilities 2016: $0Net Assets 2016: $194,4842016Assets 2017: $195,192Liabilities 2017: $0Net Assets 2017: $195,1922017Assets 2018: $422,271Liabilities 2018: $0Net Assets 2018: $422,2712018Assets 2019: $387,048Liabilities 2019: $02019Assets 2020: $396,414Liabilities 2020: $0Net Assets 2020: $396,4142020Assets 2023: $399,475Net Assets 2023: $399,4752023Assets 2023: $399,475Liabilities 2023: $02023Assets 2024: $387,651Liabilities 2024: $02024Assets 2025: $359,900Net Assets 2025: $359,9002025

Highlighted filing

2023

Assets$399,475
Liabilities-
Net Assets$399,475
Open 2023 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $31,532Expenses 2011: $15,407Net Income 2011: $16,1252011Revenue 2012: $13,712Expenses 2012: $2,347Net Income 2012: $11,3652012Revenue 2013: $69,660Expenses 2013: $9,537Net Income 2013: $60,1232013Revenue 2014: $39,936Expenses 2014: $59,469Net Income 2014: -$19,5332014Revenue 2015: $22,181Expenses 2015: $12,724Net Income 2015: $9,4572015Revenue 2016: $37,509Expenses 2016: $28,149Net Income 2016: $9,3602016Revenue 2017: $22,799Expenses 2017: $22,091Net Income 2017: $7082017Revenue 2018: $248,505Expenses 2018: $21,426Net Income 2018: $227,0792018Revenue 2019: $18,445Expenses 2019: $53,668Net Income 2019: -$35,2232019Revenue 2020: $27,614Expenses 2020: $18,248Net Income 2020: $9,3662020Revenue 2023: $119,249Expenses 2023: $29,769Net Income 2023: $89,4802023Revenue 2023: $119,249Expenses 2023: $29,769Net Income 2023: $89,4802023Revenue 2024: $144,544Expenses 2024: $156,368Net Income 2024: -$11,8242024Revenue 2025: $80,267Expenses 2025: $108,018Net Income 2025: -$27,7512025

Highlighted filing

2023

Revenue$119,249
Expenses$29,769
Net Income$89,480
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Feb 25, 2024
Return Version
2022v5.0
Gross Receipts
$119,249
Mission and Program Overview

Mission

The foundation's specific and primary purposes is to augment the facilities of, and to support the carrying out of the recreational goals of the freeport park district.

To support the freeport park district in achieving its goal of improving the quality of life in the community by encouraging philanthropy and volunteer service.

Program Services

DescriptionGrantsExpenses
THE FREEPORT PARKS FOUNDATION IS TO SUPPORT THE FREEPORT PARK DISTRICT'S RECREATIONAL GOALS.-$26,683
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CORAL LAMMPresident-$0--
CONNIE WITTEVice Preside-$0--
TOM JUNGENTreasurer-$0--
RON SCHNEIDERSecretary-$0--
MILLIE KEITHDirector-$0--
KEN COLLINDirector-$0--
JOE VASKEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Freeport Parks Foundation
EIN
20-8120204
Address
PO BOX 417, FREEPORT, IL 61032

Signing Officer

Name
Coral Lamm
Title
President
Phone
8155415030
Signed
2024-02-25
Discuss with paid preparer
Yes

Preparer

Firm
Lucas Group Cpas Advisors LLC
Address
1753 S WEST AVE, FREEPORT, IL 61032-6709
Preparer
Lucas a Beggin
Phone
8152359610
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses grants - frpt park dist 26,683 state filing fee 10 miscellaneous 1,468 total 28,161”

Form 990-ez, Part III

“To support the freeport park district in achieving its goal of improving the quality of life in the community by encouraging philanthropy and volunteer service.”

Raw XML Appendix151 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FREEPORT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CORAL LAMM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CONNIE WITTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TOM JUNGEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RON SCHNEIDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MILLIE KEITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KEN COLLIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JOE VASKEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt028161
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT THE FREEPORT PARK DISTRICT IN ACHIEVING ITS GOAL OF IMPROVING THE QUALITY OF LIFE IN THE COMMUNITY BY ENCOURAGING PHILANTHROPY AND VOLUNTEER SERVICE.
IRS990EZ/PrintingPublicationsPostageAmt01608
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FREEPORT PARKS FOUNDATION IS TO SUPPORT THE FREEPORT PARK DISTRICT'S RECREATIONAL GOALS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt026683
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029769
IRS990EZ/TotalProgramServiceExpensesAmt026683
IRS990EZ/TotalRevenueAmt0119249
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FREEPORTPARKSFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0119099
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt060302
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt020161
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015837
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0240062
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0150
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07355
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0871
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97030
IRS990ScheduleA/PublicSupportPY170Pct00.97480
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0119099
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt024663
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015837
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0240062
IRS990ScheduleA/TotalSupportAmt0247417
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES GRANTS - FRPT PARK DIST 26,683 STATE FILING FEE 10 MISCELLANEOUS 1,468 TOTAL 28,161
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO SUPPORT THE FREEPORT PARK DISTRICT IN ACHIEVING ITS GOAL OF IMPROVING THE QUALITY OF LIFE IN THE COMMUNITY BY ENCOURAGING PHILANTHROPY AND VOLUNTEER SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08155415030
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ReturnHeader/Filer/EIN0208120204
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 417
ReturnHeader/Filer/USAddress/CityNm0FREEPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061032
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273238017
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUCAS GROUP CPAS ADVISORS LLC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FREEPORT
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0610326709
ReturnHeader/PreparerPersonGrp/PhoneNum08152359610
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LUCAS A BEGGIN
ReturnHeader/ReturnTs02024-03-05T10:19:31-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CORAL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LAMM
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$399,475
Liabilities
-
Net assets
$399,475
Revenue
$119,249
Expenses
$29,769
Net income
$89,480
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.60$3.60$0.80$1.08$0.28
2024Summary only. Only limited summary data is available for this year.$3.88$0.00$1.45$1.56$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.99$3.99$1.19$0.30$0.89
2023Summary only. Only limited summary data is available for this year.$3.99$0.00$1.19$0.30$0.89
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.96$0.00$3.96$0.28$0.18$0.09
2019Summary only. Only limited summary data is available for this year.$3.87$0.00$0.18$0.54$0.35
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$0.00$4.22$2.49$0.21$2.27
2017Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$0.23$0.22$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$0.38$0.28$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$0.22$0.13$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.76$0.40$0.59$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$1.95$0.70$0.10$0.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.00$1.35$0.14$0.02$0.11
2011Summary only. Only limited summary data is available for this year.$1.24$0.00$0.32$0.15$0.16