Civic Intelligence

Frey Foundation

990 • Fiscal year 2024 • EIN 80-0591744

Jan 01, 2024 to Dec 31, 2024 • Filed on Apr 16, 2025

2865 Mars Hill RoadAcworth, GA 30101

(770) 975-6655

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

18th percentile

-22%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

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

Asset Growth

25th percentile

-19%

Faster asset growth than 25% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

-12%

Faster revenue growth than 32% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$65,705

Down $15,240 (-19%) from 2023

Net Assets

Down

$65,705

Down $15,240 (-19%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Down

$70,365

Down $9,532 (-12%) from 2023

Expenses

Up

$85,606

Up $35,487 (+71%) from 2023

Net Income

Down

-$15,241

Down $45,019 (-151%) from 2023

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $36,285Net Assets 2010: $36,2852010Assets 2011: $31,475Liabilities 2011: $0Net Assets 2011: $31,4752011Assets 2012: $35,048Liabilities 2012: $0Net Assets 2012: $35,0482012Assets 2013: $34,004Liabilities 2013: $0Net Assets 2013: $34,0042013Assets 2014: $24,924Liabilities 2014: $0Net Assets 2014: $24,9242014Assets 2015: $27,754Liabilities 2015: $0Net Assets 2015: $27,7542015Assets 2016: $44,835Liabilities 2016: $0Net Assets 2016: $44,8352016Assets 2017: $50,177Liabilities 2017: $0Net Assets 2017: $50,1772017Assets 2018: $50,751Liabilities 2018: $0Net Assets 2018: $50,7512018Assets 2019: $57,010Liabilities 2019: $0Net Assets 2019: $57,0102019Assets 2020: $28,421Liabilities 2020: $0Net Assets 2020: $28,4212020Assets 2021: $24,692Liabilities 2021: $0Net Assets 2021: $24,6922021Assets 2022: $51,168Liabilities 2022: $0Net Assets 2022: $51,1682022Assets 2023: $80,945Liabilities 2023: $0Net Assets 2023: $80,9452023Assets 2024: $65,705Liabilities 2024: $0Net Assets 2024: $65,7052024

Highlighted filing

2024

Assets$65,705
Liabilities$0
Net Assets$65,705

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $41,104Expenses 2010: $4,819Net Income 2010: $36,2852010Expenses 2011: $57,3652011Revenue 2012: $54,816Expenses 2012: $51,243Net Income 2012: $3,5732012Revenue 2013: $61,882Expenses 2013: $62,926Net Income 2013: -$1,0442013Revenue 2014: $68,831Expenses 2014: $77,911Net Income 2014: -$9,0802014Revenue 2015: $63,243Expenses 2015: $60,413Net Income 2015: $2,8302015Revenue 2016: $61,686Expenses 2016: $44,605Net Income 2016: $17,0812016Revenue 2017: $65,061Expenses 2017: $59,719Net Income 2017: $5,3422017Revenue 2018: $52,100Expenses 2018: $51,526Net Income 2018: $5742018Revenue 2019: $92,290Expenses 2019: $86,031Net Income 2019: $6,2592019Revenue 2020: $23,864Expenses 2020: $52,453Net Income 2020: -$28,5892020Revenue 2021: $46,790Expenses 2021: $50,519Net Income 2021: -$3,7292021Revenue 2022: $79,097Expenses 2022: $52,621Net Income 2022: $26,4762022Revenue 2023: $79,897Expenses 2023: $50,119Net Income 2023: $29,7782023Revenue 2024: $70,365Expenses 2024: $85,606Net Income 2024: -$15,2412024

Highlighted filing

2024

Revenue$70,365
Expenses$85,606
Net Income-$15,241
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 16, 2025
Return Version
2024v5.0
Gross Receipts
$70,365
Mission and Program Overview

Mission

To provide stem support for frey elementary school

To provide enrichment for students and teachers at Frey Elementary.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$80,945$65,705▼ $15,240
Total Assets$80,945$65,705▼ $15,240
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$80,945$65,705▼ $15,240
Total Net Assets Fund Balance$80,945$65,705▼ $15,240
Total Liabilities and Net Assets / Fund Balance$80,945$65,705▼ $15,240
Compensation and Service Providers

Board Members and Trustees

NameTitle
Heather SmithPresident
Heather CaylorSecretary
Maria Zuniga-VTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$54,909
Program Service Revenue
$15,456
Investment Income
$0
Other Revenue
$0
All Other Contributions
$54,909
Change in Net Assets
$-15,241
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$85,606
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$46,331--$46,331
Depreciation Depletion$37,772--$37,772
Fees for Services Accounting-$650-$650
Office Expenses-$568-$568
Insurance-$255-$255
Fees for Services Legal-$30-$30
Total Functional Expenses$84,103$1,503$0$85,606
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
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
Filing and Contact Details

Filer

Filer Name
Frey Foundation
EIN
80-0591744
Phone
7709756655
Address
2865 Mars Hill Road, ACWORTH, GA 30101

Signing Officer

Name
Maria Zuniga-Van Zyck
Title
Treasurer
Phone
7709756655
Signed
2025-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maria Zuniga-Van Zyck
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Access Financial Management
Address
5330 Brookstone Dr NW 801748, ACWORTH, GA 30101
Preparer
Shannon Spencer Sharee
Phone
7702802813
Supplemental Narrative

Additional Explanations

990 VI 11B

Form 990 will be reviewed with the President and Treasurer of the organization.

990 IV 19

Documents will be provided upon request.

990 IX 24A - Program Service Expenses

Educator Training - $16,225 Educational Programs - $5,350 Equipment - $2,348

990 IX 24A - Program Service Expenses

MakerSpace - $1,517 Science Fair - $428 STEAM Lab - $398

990 IX 24A - Program Service Expenses

STEAM Night - $982 STEAM Teacher Grants - $14,486 STEAMTastic Campaign - $4,595

Raw XML Appendix260 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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MakerSpace - $1,517 Science Fair - $428 STEAM Lab - $398
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3990 IX 24a - Program Service Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4990 IX 24a - Program Service Expenses
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Shannon Spencer Sharee
ReturnHeader/ReturnTs02025-05-13T21:26:55-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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.$65.7$0.00$65.7$70.4$85.6$15.2
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$80.9$0.00$80.9$79.9$50.1$29.8
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.2$0.00$51.2$79.1$52.6$26.5
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.7$0.00$24.7$46.8$50.5$3.73
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$0.00$28.4$23.9$52.5$28.6
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.0$0.00$57.0$92.3$86.0$6.26
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.8$0.00$50.8$52.1$51.5$0.57
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.2$0.00$50.2$65.1$59.7$5.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.8$0.00$44.8$61.7$44.6$17.1
2015Detailed filing. Detailed filing data is available for this year.$27.8$0.00$27.8$63.2$60.4$2.83
2014Detailed filing. Detailed filing data is available for this year.$24.9$0.00$24.9$68.8$77.9$9.08
2013Detailed filing. Detailed filing data is available for this year.$34.0$0.00$34.0$61.9$62.9$1.04
2012Summary only. Only limited summary data is available for this year.$35.0$0.00$35.0$54.8$51.2$3.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.5$0.00$31.5$57.4
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.3$36.3$41.1$4.82$36.3