Quick charity verification for Friends Academy (EIN: 111633485)
Verdict: Friends Academy appears trustworthy
90/100Mission Score
$40.1MRevenue
$125.1MAssets
1Red Flags
4Strengths
Red Flags
Unclear executive compensation structure given 0% reported officer compensation for an organization of this size.
Strengths
Consistent asset growth over the past decade, indicating strong financial management.
Substantial and growing asset base ($125,122,795) provides financial stability.
Consistent reporting of 0% officer compensation, suggesting a strong commitment to mission-focused spending or unique compensation practices.
Generally stable revenue and expense management over the long term.
Spending Breakdown
How Friends Academy allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Friends Academy
Is Friends Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Academy (EIN: 111633485) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Friends Academy a good charity to donate to?
Friends Academy has a Mission Score of 90/100. Revenue: $40.1M. Assets: $125.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Academy?
The Employer Identification Number (EIN) for Friends Academy is 111633485. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Friends Academy spend its money?
Friends Academy allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Academy's tax-exempt status?
You can verify Friends Academy's tax-exempt status using EIN 111633485 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Friends Academy demonstrates consistent financial operations with a strong asset base. Over the past decade, the organization has maintained revenues generally in line with or slightly exceeding expenses, indicating stable financial management. For instance, in the 202406 period, expenses of $37,994,599 slightly outpaced revenue of $35,633,692, which is a minor deficit in a single year but not indicative of long-term instability given their substantial assets of $116,909,317. The organization's assets have steadily grown from $93,001,260 in 2015 to $125,122,795 currently, showcasing robust financial health and capacity.
The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive enrichment. This practice, while unusual for an organization of this size, suggests that executive leadership may be compensated through other means not categorized as 'officer compensation' or that the board operates with a high degree of volunteerism at the top level. Further investigation into the full compensation structure would clarify this.
Overall, Friends Academy appears to be a financially sound organization with a clear focus on its mission, supported by a growing asset base and a transparent approach to executive compensation reporting. Their ability to manage expenses relative to revenue, while maintaining significant assets, points to responsible stewardship of resources.