Civic Intelligence

Freedom First Reia Ltd

990EZ • Fiscal year 2018 • EIN 26-2761904

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 25, 2019

Organization ProfileWWW.FFREIA.COM
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

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2018 filings • NTEE S41 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2018 filings • NTEE S41 • <$500k nonprofits • Source year 2018

Net Margin

93rd percentile

39%

Higher net margin than 93% of similar nonprofits.

2018 filings • NTEE S41 • <$500k nonprofits • Source year 2018

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.

2018 filings • NTEE S41 • <$500k nonprofits • Source year 2018

Asset Growth

94th percentile

107%

Faster asset growth than 94% of similar nonprofits.

2018 filings • NTEE S41 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

93rd percentile

75%

Faster revenue growth than 93% of similar nonprofits.

2018 filings • NTEE S41 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$46,593

Up $24,065 (+107%) from 2017

Net Assets

Up

$46,193

Up $23,665 (+105%) from 2017

Liabilities

Up

$400

Up $400 from 2017

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin93rd percentile

Revenue

Up

$61,208

Up $26,296 (+75%) from 2017

Expenses

Down

$37,543

Down $537 (-1.4%) from 2017

Net Income

Up

$23,665

Up $26,833 (+847%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

2018

Assets$46,593
Liabilities$400
Net Assets$46,193
Open 2018 Filing

Operations Trend

Revenue Growth93rd percentile

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

2018

Revenue$61,208
Expenses$37,543
Net Income$23,665
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 25, 2019
Return Version
2018v3.1
Gross Receipts
$84,636
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
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH MCGUIREVice President-$0--
LEON GRIGGSPresident-$0--
SUSAN HOLMANSecretary/Treasurer-$0--
LEAH GRIGGS PAULY ESQBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ny Real Estate Summit$24,517$24,517$15,572$8,945
Total Events$24,517$24,517$23,428$1,089
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
2019-10-25
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 8 - Other Revenue

“Description: national reia revenue share. Amount: 17261.”

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

“Description: dues and subscriptions. Amount: 11032. Description: marketing. Amount: 210. Description: office supplies. Amount: 1066. Description: conferences and meetings. Amount: 6162. Description: other costs. Amount: 1669. Description: travel. Amount: 2896. Total to form 990-ez, line 16: 23035.”

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

“Description: accounts payable. Beg. Of year amount: 0. End of year amount: 400.”

Raw XML Appendix138 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/BOYAmt022528
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt046593
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt023665
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt011525
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt046593
IRS990EZ/FundraisingGrossIncomeAmt024517
IRS990EZ/GrossReceiptsAmt084636
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt042858
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt022528
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046193
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt022528
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046193
IRS990EZ/OccupancyRentUtltsAndMaintAmt02907
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSEPH MCGUIRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LEON GRIGGS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUSAN HOLMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LEAH GRIGGS PAULY ESQ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt023035
IRS990EZ/OtherRevenueTotalAmt017261
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/PrintingPublicationsPostageAmt076
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/SpecialEventsDirectExpensesAmt023428
IRS990EZ/SpecialEventsNetIncomeLossAmt01089
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0400
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt037543
IRS990EZ/TotalRevenueAmt061208
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FFREIA.COM
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt023428
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0NY REAL ESTATE SUMMIT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt024517
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt024517
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt024517
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt024517
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt01089
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0246
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0246
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015572
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015572
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt07610
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt07610
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: NATIONAL REIA REVENUE SHARE. AMOUNT: 17261.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 11032. DESCRIPTION: MARKETING. AMOUNT: 210. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 1066. DESCRIPTION: CONFERENCES AND MEETINGS. AMOUNT: 6162. DESCRIPTION: OTHER COSTS. AMOUNT: 1669. DESCRIPTION: TRAVEL. AMOUNT: 2896. TOTAL TO FORM 990-EZ, LINE 16: 23035.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 400.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LEON GRIGGS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05854553352
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-25
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/FilingSecurityInformation/AtSubmissionCreationDeviceId06DF12B5EA7E11D155C0FECB941FA600B484B879C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId022460D0C598663FF48CE2F2A56F359C1A68B8A37
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.201.233.125
ReturnHeader/FilingSecurityInformation/IPDt02019-10-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:33:12
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/PreparationDt02019-10-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER M SARDONE
ReturnHeader/ReturnTs02019-10-31T07:11:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,593
Liabilities
$400
Net assets
$46,193
Revenue
$61,208
Expenses
$37,543
Net income
$23,665
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