930 Freinds
930 Freinds consistently operates at a deficit, depleting assets despite zero officer compensation.
EIN: 208410999 · Memphis, TN · NTEE: H12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $73K |
| Total Expenses | $78K |
| Program Spending | 75% |
| Net Assets | $521K |
| Transparency Score | 45/100 |
Is 930 Freinds Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
930 Freinds directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 930 Freinds
930 Freinds (EIN: 208410999) is a nonprofit organization based in Memphis, TN, classified under NTEE code H12. The organization reported total revenue of $73K and total assets of $558K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 930 Freinds's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
930 Freinds is a micro nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $78K |
| Surplus / Deficit | $-18,342 |
| Total Assets | $521K |
| Net Assets | $521K |
| Operating Margin | -30.6% |
| Months of Reserves | 79.9 months |
Financial Health Grade: B
In 2023, 930 Freinds reported a deficit of $18K with expenses exceeding revenue, holds 79.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), 930 Freinds's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +109.0% | -32.9% | -25.4% |
| 2022 | -4.6% | +76.8% | -32.9% |
| 2021 | +76.5% | -46.4% | +32.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 930 Freinds with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, 930 Freinds allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all filings, indicating that the organization's officers are not compensated, which is a positive for resource allocation but unusual for an organization with significant expenses.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of 930 Freinds's IRS 990 filings:
- Consistent operational deficits (e.g., $59,850 revenue vs. $78,192 expenses in 2023)
- Significant decline in assets over time (from $1,563,454 in 2014 to $520,541 in 2023)
- Highly volatile and sometimes negative reported revenue (e.g., -$154,450 in 2016)
- Expenses frequently exceed revenue by a large margin (e.g., $28,633 revenue vs. $116,549 expenses in 2022)
Strengths
The following positive indicators were identified for 930 Freinds:
- Zero reported liabilities across all filing periods, indicating no debt burden
- No officer compensation reported, suggesting a volunteer-driven leadership and efficient use of funds for personnel costs
Frequently Asked Questions about 930 Freinds
Is 930 Freinds a legitimate charity?
930 Freinds (EIN: 208410999) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 45/100. It has 14 years of IRS 990 filings on record. Total revenue: $73K. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does 930 Freinds spend its money?
930 Freinds directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to 930 Freinds tax-deductible?
930 Freinds is registered as a tax-exempt nonprofit (EIN: 208410999). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of 930 Freinds's spending goes to programs?
930 Freinds directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 930 Freinds compare to similar nonprofits?
With a transparency score of 45/100 (Fair), 930 Freinds is near average for NTEE category H12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 930 Freinds located?
930 Freinds is headquartered in Memphis, Tennessee and files with the IRS under EIN 208410999. It is classified under NTEE code H12.
How many years of IRS 990 filings does 930 Freinds have?
930 Freinds has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $73K in total revenue.
Is 930 Freinds financially sustainable given its consistent deficits?
The organization has consistently spent more than its revenue, leading to a significant decline in assets from $1,563,454 in 2014 to $520,541 in 2023. This trend suggests a lack of financial sustainability without a change in operational model or funding strategy.
What is the primary source of 930 Freinds' revenue, and why is it so volatile?
The provided data shows highly volatile revenue, including negative revenue in some years (e.g., -$16,847 in 2019, -$154,450 in 2016). Without detailed Schedule A or B information, it's difficult to pinpoint the exact sources or reasons for this volatility, but it's a significant concern for financial stability.
How does 930 Freinds manage to operate with zero liabilities despite consistent deficits?
The organization has consistently reported $0 in liabilities, indicating it is not incurring debt to cover its operational shortfalls. Instead, it appears to be drawing down its asset base to fund expenses.
Filing History
IRS 990 filing history for 930 Freinds showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), 930 Freinds's revenue has declined by 40.3%, moving from $100K to $60K. Total assets increased by 34.8% over the same period, from $386K to $521K. Total functional expenses rose by 65%, from $47K to $78K. In its most recent filing year (2023), 930 Freinds reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $78K | $521K | $0 | — | — |
| 2022 | $29K | $117K | $698K | $0 | — | View 990 |
| 2021 | $30K | $66K | $1.0M | $0 | — | View 990 |
| 2020 | $17K | $123K | $785K | $0 | — | — |
| 2019 | $-16,847 | $67K | $960K | $0 | — | View 990 |
| 2018 | $-11,459 | $14K | $875K | $0 | — | View 990 |
| 2017 | $68K | $104K | $884K | $0 | — | View 990 |
| 2016 | $-154,450 | $80K | $1.1M | $0 | — | View 990 |
| 2015 | $30K | $78K | $1.4M | $0 | — | View 990 |
| 2014 | $430K | $3K | $1.6M | $0 | — | View 990 |
| 2013 | $819 | $11K | $1.2M | $0 | — | View 990 |
| 2012 | $3K | $25K | $1.2M | $0 | — | View 990 |
| 2011 | $115K | $25K | $461K | $0 | — | View 990 |
| 2010 | $100K | $47K | $386K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $78K, and assets of $521K (revenue +109.0% year-over-year).
- 2022: Revenue of $29K, expenses of $117K, and assets of $698K (revenue -4.6% year-over-year).
- 2021: Revenue of $30K, expenses of $66K, and assets of $1.0M (revenue +76.5% year-over-year).
- 2020: Revenue of $17K, expenses of $123K, and assets of $785K.
- 2019: Revenue of $-16,847, expenses of $67K, and assets of $960K.
- 2018: Revenue of $-11,459, expenses of $14K, and assets of $875K (revenue -116.8% year-over-year).
- 2017: Revenue of $68K, expenses of $104K, and assets of $884K.
- 2016: Revenue of $-154,450, expenses of $80K, and assets of $1.1M (revenue -621.3% year-over-year).
- 2015: Revenue of $30K, expenses of $78K, and assets of $1.4M (revenue -93.1% year-over-year).
- 2014: Revenue of $430K, expenses of $3K, and assets of $1.6M (revenue +52404.4% year-over-year).
- 2013: Revenue of $819, expenses of $11K, and assets of $1.2M (revenue -74.4% year-over-year).
- 2012: Revenue of $3K, expenses of $25K, and assets of $1.2M (revenue -97.2% year-over-year).
- 2011: Revenue of $115K, expenses of $25K, and assets of $461K (revenue +14.8% year-over-year).
- 2010: Revenue of $100K, expenses of $47K, and assets of $386K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 930 Freinds:
Data Sources and Methodology
This transparency report for 930 Freinds is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.