Maintained positive assets in active periods (e.g., $8,375 in 2012).
Spending Breakdown
How Weare Friends allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Weare Friends
Is Weare Friends a legitimate charity?
Based on AI analysis of IRS 990 filings, Weare Friends (EIN: 20427494) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
Is Weare Friends a good charity to donate to?
Weare Friends has a Mission Score of 70/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Weare Friends?
The Employer Identification Number (EIN) for Weare Friends is 20427494. 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 Weare Friends spend its money?
Weare Friends allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Weare Friends's tax-exempt status?
You can verify Weare Friends's tax-exempt status using EIN 20427494 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
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.