Amity Society of Freeport Inc
Nonprofit profile at a glance
- EIN
- 362193600
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Freeport, IL, USA
- Phone
- 8152330015
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Child Day Care
Reported finances
- Revenue
- $2,044,800
- Expenses
- $1,909,593
- Assets
- $3,485,735
- Liabilities
- $291,478
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- KATHY EDEN (PRESIDENT)
Highest reported compensation
- ASHLEY HARMS (EXECUTIVE DI): $88,898 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
An organization of volunteers, professional staff, and families working together to ensure that quality early childhood education, school age programs, and parent support services are available to all families on an equitable basis. The society services the community in northwest Illinois, primarily stephenson county, Illinois. The society provides for early education through the amity learning center of freeport, a national association for the early education of young children-accredited and Illinois department of children and family services-licensed organization, serving children from 6 weeks to 12 years old through a creative curriculum. Additionally, the society supports the community by operating a local thrift shop and managing a community campus that houses their operations, as well as after school programs and other community organizations with the same community-based focus.
What it reported doing in 2024
Daycare services to preschool and infant children of families whose income falls within the guidelines for qualifying for the dhs child care subsidy.
Operating model
- Revenue model
- Grant-funded. 75% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.7%; rating input score 85
- Program expense ratio: 92.1%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6.6%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 1.83; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 62; 62nd percentile among comparable filings
- Officer compensation ratio: 4.7%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 6.2% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 6% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 5.4% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: 84.7% of revenue deployed · 92.1% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.8M in reported program spending
- Leadership: top reported pay $89K · 8 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 55/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.