Is Allies Friends Foundation Legit?

Quick charity verification for Allies Friends Foundation (EIN: 204564010)

Verdict: Allies Friends Foundation appears trustworthy

85/100Mission Score
$948KRevenue
$1.7MAssets
3Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Allies Friends Foundation demonstrates a fluctuating financial history, with recent revenue in 202008 ($28,725) significantly lower than its latest reported revenue of $948,372, indicating a potential recent surge in funding not fully reflected in the provided historical 990 data. The organization consistently reports zero liabilities across most of its filing history, suggesting a strong balance sheet and fiscal prudence. However, expenses have frequently exceeded revenue in several periods, such as 202008 where expenses were $131,345 against $28,725 in revenue, leading to a draw on assets. The consistent reporting of 0% officer compensation across all provided filings suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency and dedication to mission. The substantial increase in assets from $324,317 in 201108 to $1,723,513 currently, alongside the latest revenue figure, points to significant growth and an improved financial position, though the specific allocation of this growth (program vs. administrative) is not detailed in the provided summary.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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