Civic Intelligence

Freedom Park Association

EIN 32-0168285 • 501(c)3 • Camano Island, WA

Profile

The freedom park association governs freedom park, which is a privately funded park, open to the public. The organization stewards the funds that care for the park.

370 N East Camano Dr Ste 5 Pob 217Camano Island, WA 98282

www.freedomparkassociation.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.02x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

91st percentile

56%

Higher net margin than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets71st percentile

Assets

$87,744

No earlier filing loaded for comparison.

Liabilities

$1,996

No earlier filing loaded for comparison.

Net Assets

$85,748

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue78th percentileNet Margin91st percentile

Revenue

$43,674

No earlier filing loaded for comparison.

Expenses

$19,090

No earlier filing loaded for comparison.

Net Income

$24,584

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2024: $87,744Liabilities 2024: $1,996Net Assets 2024: $85,7482024

Highlighted filing

2024

Assets$87,744
Liabilities$1,996
Net Assets$85,748
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0Revenue 2024: $43,674Expenses 2024: $19,090Net Income 2024: $24,5842024

Highlighted filing

2024

Revenue$43,674
Expenses$19,090
Net Income$24,584
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$87,744
Liabilities
$1,996
Net assets
$85,748
Revenue
$43,674
Expenses
$19,090
Net income
$24,584
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$87.7$2.00$85.7$43.7$19.1$24.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 3, 2024 to Dec 31, 2024
Signed
Jun 29, 2025
Return Version
2024v5.0
Gross Receipts
$43,674
Mission and Program Overview

Mission

The freedom park association governs freedom park, which is a privately funded park, open to the public. The organization stewards the funds that care for the park.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$85,522-
Land, Buildings, and Equipment, Net-$2,022-
Accounts Receivable-$200-
Total Assets$0$87,744▲ $87,744
Liabilities
Accounts Payable and Accrued Expenses-$1,996-
Total Liabilities$0$1,996▲ $1,996
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$85,748-
Total Net Assets Fund Balance$0$85,748▲ $85,748
Total Liabilities and Net Assets / Fund Balance$0$87,744▲ $87,744

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,022$1,945$3,967
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Mike NestorPresident
Randy HeagleHonorary Mem
Chuck SchufreiderMember at La
Jessica MccreadySecretary
Brandon EricsonTreasurer
Grant ShawVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$25,686
Program Service Revenue
$17,234
Investment Income
$754
Other Revenue
$0
All Other Contributions
$22,000
Change in Net Assets
$24,584
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,090
Total Fundraising Expense$125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$3,405--$3,405
Depreciation Depletion$1,348--$1,348
Office Expenses$631$482-$1,113
Other Expenses$966--$966
All Other Expenses$717--$717
Insurance$568--$568
Information Technology$471--$471
Advertising$124-$125$249
Fees for Services Accounting$186--$186
Total Functional Expenses$18,483$482$125$19,090
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Freedom Park Association
EIN
32-0168285
Phone
4253749135
Address
370 N EAST CAMANO DR STE 5 POB 217, CAMANO ISLAND, WA 98282

Signing Officer

Name
Brandon Ericson
Title
Treasurer
Phone
3603867011
Signed
2025-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandon Ericson
Formed
2006
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
45

Preparer

Firm
Michael Dame & Associates Inc Ps
Address
PO BOX 879, STANWOOD, WA 98292
Preparer
Michael P Dame CPA
Phone
3606299420
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Nonprofit conversion from c-corporation 61,164 the organization received tax exempt status effective july 3, 2024. Please reference letter 947 issued to the organization on july 25, 2024.”

Raw XML Appendix303 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.

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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STANWOOD
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-30
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ReturnHeader/ReturnTs02025-06-30T12:40:32-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-03
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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