Civic Intelligence

Freedom First Reia Ltd

990EZ • Fiscal year 2015 • EIN 26-2761904

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 29, 2016

48 North AvenueRochester, NY 14626

(585) 455-3352

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.07x

Higher debt load relative to assets than 73% of similar nonprofits.

2015 filings • NTEE S41 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

73rd percentile

0.04x

Higher debt load relative to revenue than 73% of similar nonprofits.

2015 filings • NTEE S41 • <$500k nonprofits • Source year 2015

Net Margin

83rd percentile

26%

Higher net margin than 83% of similar nonprofits.

2015 filings • NTEE S41 • <$500k nonprofits • Source year 2015

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2015 filings • NTEE S41 • <$500k nonprofits • Source year 2015

Asset Growth

93rd percentile

90%

Faster asset growth than 93% of similar nonprofits.

2015 filings • NTEE S41 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

84th percentile

34%

Faster revenue growth than 84% of similar nonprofits.

2015 filings • NTEE S41 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$17,006

Up $8,034 (+90%) from 2014

Net Assets

Up

$15,839

Up $8,034 (+103%) from 2014

Liabilities

Flat

$1,167

Flat from 2014

Revenue

Up

$31,235

Up $7,881 (+34%) from 2014

Expenses

Up

$23,201

Up $4,237 (+22%) from 2014

Net Income

Up

$8,034

Up $3,644 (+83%) from 2014

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2010: $1,491Liabilities 2010: $1,167Net Assets 2010: $3242010Assets 2012: $7,329Liabilities 2012: $1,167Net Assets 2012: $6,1622012Assets 2013: $42,082Liabilities 2013: $1,167Net Assets 2013: $40,9152013Assets 2014: $8,972Liabilities 2014: $1,167Net Assets 2014: $7,8052014Assets 2015: $17,006Liabilities 2015: $1,167Net Assets 2015: $15,8392015Assets 2016: $26,863Liabilities 2016: $1,167Net Assets 2016: $25,6962016Assets 2017: $22,528Liabilities 2017: $0Net Assets 2017: $22,5282017Assets 2018: $46,593Liabilities 2018: $400Net Assets 2018: $46,1932018Assets 2019: $54,082Liabilities 2019: $0Net Assets 2019: $54,0822019Assets 2020: $54,593Liabilities 2020: $0Net Assets 2020: $54,5932020Assets 2021: $39,117Liabilities 2021: $0Net Assets 2021: $39,1172021Assets 2022: $27,167Liabilities 2022: $6,528Net Assets 2022: $20,6392022Assets 2023: $46,751Liabilities 2023: $5,776Net Assets 2023: $40,9752023Assets 2024: $42,317Liabilities 2024: $636Net Assets 2024: $41,6812024

Highlighted filing

2015

Assets$17,006
Liabilities$1,167
Net Assets$15,839

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $8,540Expenses 2010: $8,643Net Income 2010: -$1032010Revenue 2012: $14,500Expenses 2012: $23,330Net Income 2012: -$8,8302012Revenue 2013: $58,019Expenses 2013: $23,266Net Income 2013: $34,7532013Revenue 2014: $23,354Expenses 2014: $18,964Net Income 2014: $4,3902014Revenue 2015: $31,235Expenses 2015: $23,201Net Income 2015: $8,0342015Revenue 2016: $38,338Expenses 2016: $28,481Net Income 2016: $9,8572016Revenue 2017: $34,912Expenses 2017: $38,080Net Income 2017: -$3,1682017Revenue 2018: $61,208Expenses 2018: $37,543Net Income 2018: $23,6652018Revenue 2019: $83,823Expenses 2019: $75,934Net Income 2019: $7,8892019Revenue 2020: $56,493Expenses 2020: $55,982Net Income 2020: $5112020Revenue 2021: $55,595Expenses 2021: $71,071Net Income 2021: -$15,4762021Revenue 2022: $57,531Expenses 2022: $76,009Net Income 2022: -$18,4782022Revenue 2023: $86,057Expenses 2023: $65,721Net Income 2023: $20,3362023Revenue 2024: $85,853Expenses 2024: $85,147Net Income 2024: $7062024

Highlighted filing

2015

Revenue$31,235
Expenses$23,201
Net Income$8,034
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 29, 2016
Return Version
2015v2.1
Gross Receipts
$31,235
Mission and Program Overview

Mission

Freedom first reia provides a venue for both new and experienced real estate investors to come together, network and learn about the latest trends and techniques from experienced investors. Professional real estate trainers and mentors will educate and lead people through various aspects and techniques of real estate investing, financing, asset protection, development and many other investing tools.

Program Services

DescriptionGrantsExpenses
PROVIDE NETWORKING AND SEMINARS TO STIMULATE, FOSTER AND ENCOURAGE THE ADVANCEMENT OF AN INTERDISCIPLINARY, PROFESSIONAL APPROACH TO THE PLANNING, DESIGN, OPERATION OF REAL ESTATE INVESTMENT AND RELATED SYSTEMS TO MEET THE NEEDS OF PUBLIC AND PRIVATE ORGANIZATION.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH MCGUIREVice President-$0--
LEON GRIGGSPresident-$0--
SUSAN HOLMANSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Freedom First Reia Ltd
EIN
26-2761904
Phone
5854553352
Address
48 NORTH AVENUE, ROCHESTER, NY 14626

Signing Officer

Name
Leon Griggs
Title
Officer/director
Phone
5854553352
Signed
2016-04-29
Discuss with paid preparer
Yes

Preparer

Firm
Sardone Robinson & Associates Llp
Address
115 METRO PARK, ROCHESTER, NY 14623
Preparer
Christopher M Sardone
Phone
5852328550
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 109. Description: other expenses. Amount: 2040. Total to form 990-ez, line 14: 2149.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: dues and subscriptions. Amount: 3273. Description: marketing. Amount: 196. Description: office supplies. Amount: 968. Description: conferences and meetings. Amount: 10181. Description: other costs. Amount: 636. Description: travel . Amount: 2435. Description: gifts, awards & grants. Amount: 100. Total to form 990-ez, line 16: 17789.

Form 990-ez, Part II, Line 24 - Other Assets

Description: due from tenant. Beg. Of year amount: 350. End of year amount: 350. Description: other depreciable assets. Beg. Of year amount: 146. End of year amount: 37.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 667. End of year amount: 667. Description: note payable. Beg. Of year amount: 500. End of year amount: 500.

Raw XML Appendix111 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0STEVEN PHETERSON ESQ
IRS990EZ/BooksInCareOfDetail/PhoneNum05853601203
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt045 EXCHANGE BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCHESTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd014614
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08476
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016619
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt08034
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03165
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08972
IRS990EZ/Form990TotalAssetsGrp/EOYAmt017006
IRS990EZ/GrossReceiptsAmt031235
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt031235
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07805
IRS990EZ/NetAssetsOrFundBalancesEOYAmt015839
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07805
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt015839
IRS990EZ/OccupancyRentUtltsAndMaintAmt02149
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSEPH MCGUIRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LEON GRIGGS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUSAN HOLMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0496
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0387
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt017789
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0FREEDOM FIRST REIA PROVIDES A VENUE FOR BOTH NEW AND EXPERIENCED REAL ESTATE INVESTORS TO COME TOGETHER, NETWORK AND LEARN ABOUT THE LATEST TRENDS AND TECHNIQUES FROM EXPERIENCED INVESTORS. PROFESSIONAL REAL ESTATE TRAINERS AND MENTORS WILL EDUCATE AND LEAD PEOPLE THROUGH VARIOUS ASPECTS AND TECHNIQUES OF REAL ESTATE INVESTING, FINANCING, ASSET PROTECTION, DEVELOPMENT AND MANY OTHER INVESTING TOOLS.
IRS990EZ/PrintingPublicationsPostageAmt098
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE NETWORKING AND SEMINARS TO STIMULATE, FOSTER AND ENCOURAGE THE ADVANCEMENT OF AN INTERDISCIPLINARY, PROFESSIONAL APPROACH TO THE PLANNING, DESIGN, OPERATION OF REAL ESTATE INVESTMENT AND RELATED SYSTEMS TO MEET THE NEEDS OF PUBLIC AND PRIVATE ORGANIZATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01167
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01167
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt023201
IRS990EZ/TotalRevenueAmt031235
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FFREIA.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 109. DESCRIPTION: OTHER EXPENSES. AMOUNT: 2040. TOTAL TO FORM 990-EZ, LINE 14: 2149.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 3273. DESCRIPTION: MARKETING. AMOUNT: 196. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 968. DESCRIPTION: CONFERENCES AND MEETINGS. AMOUNT: 10181. DESCRIPTION: OTHER COSTS. AMOUNT: 636. DESCRIPTION: TRAVEL . AMOUNT: 2435. DESCRIPTION: GIFTS, AWARDS & GRANTS. AMOUNT: 100. TOTAL TO FORM 990-EZ, LINE 16: 17789.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE FROM TENANT. BEG. OF YEAR AMOUNT: 350. END OF YEAR AMOUNT: 350. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 146. END OF YEAR AMOUNT: 37.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 667. END OF YEAR AMOUNT: 667. DESCRIPTION: NOTE PAYABLE. BEG. OF YEAR AMOUNT: 500. END OF YEAR AMOUNT: 500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LEON GRIGGS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05854553352
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREEDOM FIRST REIA LTD
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0262761904
ReturnHeader/Filer/PhoneNum05854553352
ReturnHeader/Filer/USAddress/AddressLine1Txt048 NORTH AVENUE
ReturnHeader/Filer/USAddress/CityNm0ROCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014626
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161587614
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SARDONE ROBINSON & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0115 METRO PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014623
ReturnHeader/PreparerPersonGrp/PhoneNum05852328550
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER M SARDONE
ReturnHeader/ReturnTs02016-05-10T13:06:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$42.3$0.64$41.7$85.9$85.1$0.71
2023Detailed filing. Detailed filing data is available for this year.$46.8$5.78$41.0$86.1$65.7$20.3
2022Detailed filing. Detailed filing data is available for this year.$27.2$6.53$20.6$57.5$76.0$18.5
2021Detailed filing. Detailed filing data is available for this year.$39.1$0.00$39.1$55.6$71.1$15.5
2020Detailed filing. Detailed filing data is available for this year.$54.6$0.00$54.6$56.5$56.0$0.51
2019Detailed filing. Detailed filing data is available for this year.$54.1$0.00$54.1$83.8$75.9$7.89
2018Detailed filing. Detailed filing data is available for this year.$46.6$0.40$46.2$61.2$37.5$23.7
2017Detailed filing. Detailed filing data is available for this year.$22.5$0.00$22.5$34.9$38.1$3.17
2016Detailed filing. Detailed filing data is available for this year.$26.9$1.17$25.7$38.3$28.5$9.86
2015Detailed filing. Detailed filing data is available for this year.$17.0$1.17$15.8$31.2$23.2$8.03
2014Detailed filing. Detailed filing data is available for this year.$8.97$1.17$7.81$23.4$19.0$4.39
2013Detailed filing. Detailed filing data is available for this year.$42.1$1.17$40.9$58.0$23.3$34.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.33$1.17$6.16$14.5$23.3$8.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$1.17$0.32$8.54$8.64$0.10