Is Weare Friends Legit?

Quick charity verification for Weare Friends (EIN: 20427494)

Verdict: Weare Friends appears trustworthy

70/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Weare Friends appears to be a very small, community-focused organization, as indicated by its modest historical revenues and assets. The latest filing period shows $0 in both revenue and assets, which could suggest inactivity or a very recent change in operational status, though the provided data only covers up to 2012. Historically, the organization has operated with revenues under $20,000. In 2012, it reported $19,246 in revenue against $15,697 in expenses, indicating a surplus for that period. However, in 2011, expenses of $22,342 exceeded revenues of $17,023, resulting in a deficit. The organization has consistently reported $0 in officer compensation, which is a positive sign for donor confidence regarding executive pay. Given the limited financial data and the current $0 revenue/asset status, a comprehensive assessment of ongoing financial health is challenging, but historical data suggests a small, volunteer-driven operation with fluctuating annual financial performance.

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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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