Is Friendship Center For New Beginnings Inc Legit?
Quick charity verification for Friendship Center For New Beginnings Inc (EIN: 222492357)
Verdict: Friendship Center For New Beginnings Inc shows mixed signals
65/100Mission Score
$242KRevenue
$376KAssets
3Red Flags
1Strengths
Red Flags
Total revenue has shown a consistent decline from $218,510 in 2017 to $149,450 in 2023.
Total assets have decreased significantly from $468,534 in 2017 to $306,815 in 2023.
The organization's financial health appears to be deteriorating based on the downward trends in revenue and assets.
Strengths
Consistent filing of financial data with the IRS.
AI Transparency Report
Friendship Center For New Beginnings Inc is a human services nonprofit based in Flemington, New Jersey, with reported revenue of $242K and assets of $376K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation is not explicitly detailed in the provided data, suggesting it is either minimal or not separately reported in the available summaries. Revenue has declined -27% across 13 filing periods.