A Friend In Need Inc
A Friend In Need Inc shows declining revenue and frequent expense overruns in recent years, with no officer compensation reported.
EIN: 205946711 · Kenosha, WI · NTEE: P60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $94K |
| Program Spending | 80% |
| Net Assets | $16K |
| Transparency Score | 70/100 |
Is A Friend In Need Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
A Friend In Need Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About A Friend In Need Inc
A Friend In Need Inc (EIN: 205946711) is a nonprofit organization based in Kenosha, WI, classified under NTEE code P60. The organization reported total revenue of $185K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Friend In Need Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A Friend In Need Inc is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $94K |
| Surplus / Deficit | $-2,973 |
| Total Assets | $16K |
| Net Assets | $16K |
| Operating Margin | -3.3% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2023, A Friend In Need Inc reported a deficit of $3K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2014–2023), A Friend In Need Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.3% | -31.3% | -34.2% |
| 2022 | -23.0% | -33.6% | -0.2% |
| 2021 | +44.6% | +70.5% | -54.9% |
| 2020 | -28.8% | -18.1% | -2.3% |
| 2019 | +36.4% | +29.0% | +37.0% |
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 A Friend In Need Inc with a Mission Score of 70 out of 100 (Good). 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: 80%
- fundraising: 5%
According to IRS 990 filings, A Friend In Need Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $3K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all ten years of filings, indicating that no officers or key employees received salaries, which is highly unusual for an organization with consistent revenue and expenses, suggesting a volunteer-led structure.
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 A Friend In Need Inc's IRS 990 filings:
- Expenses frequently exceed revenue (6 out of 10 periods), indicating potential sustainability challenges.
- Declining revenue trend from 2021 to 2023 ($174,823 to $91,179).
Strengths
The following positive indicators were identified for A Friend In Need Inc:
- Consistent IRS 990 filing history for 10 years, demonstrating transparency.
- 0% officer compensation reported across all filings, indicating efficient use of funds for mission-related activities rather than executive salaries.
- Low liabilities reported in most periods, suggesting good debt management.
Frequently Asked Questions about A Friend In Need Inc
Is A Friend In Need Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, A Friend In Need Inc (EIN: 205946711) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does A Friend In Need Inc spend its money?
A Friend In Need Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to A Friend In Need Inc tax-deductible?
A Friend In Need Inc is registered as a tax-exempt nonprofit (EIN: 205946711). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of A Friend In Need Inc's spending goes to programs?
A Friend In Need Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does A Friend In Need Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), A Friend In Need Inc is above average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is A Friend In Need Inc located?
A Friend In Need Inc is headquartered in Kenosha, Wisconsin and files with the IRS under EIN 205946711. It is classified under NTEE code P60.
How many years of IRS 990 filings does A Friend In Need Inc have?
A Friend In Need Inc has 10 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 $185K in total revenue.
Is A Friend In Need Inc financially stable?
The organization's financial stability shows some concern, with expenses exceeding revenue in 6 out of the last 10 reported periods, including the most recent three years (2021-2023). For example, in 2023, expenses were $94,152 against $91,179 in revenue. This consistent deficit spending could impact long-term sustainability if not addressed.
How does A Friend In Need Inc manage its assets?
A Friend In Need Inc maintains a relatively low asset base, with current assets at $31,476. This suggests the organization operates with limited reserves and likely spends most of its incoming funds on immediate operational needs rather than accumulating significant financial holdings.
What is the trend in the organization's revenue?
Revenue for A Friend In Need Inc has fluctuated over the past decade, peaking at $174,823 in 2021 but declining to $91,179 in 2023. The latest reported revenue of $184,508 (overall) is higher than the 2023 period, indicating some recovery or a different reporting period for the 'latest revenue' figure, but the trend from 2021-2023 shows a decrease.
Filing History
IRS 990 filing history for A Friend In Need Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), A Friend In Need Inc's revenue has grown by 25.5%, moving from $73K to $91K. Total assets decreased by 67.1% over the same period, from $48K to $16K. Total functional expenses rose by 171.2%, from $35K to $94K. In its most recent filing year (2023), A Friend In Need Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $94K | $16K | $0 | — | — |
| 2022 | $135K | $137K | $24K | $6K | — | View 990 |
| 2021 | $175K | $206K | $24K | $4K | — | View 990 |
| 2020 | $121K | $121K | $53K | $2K | — | — |
| 2019 | $170K | $148K | $55K | $3K | — | View 990 |
| 2018 | $124K | $114K | $40K | $10K | — | View 990 |
| 2017 | $96K | $109K | $22K | $2K | — | — |
| 2016 | $95K | $89K | $33K | $1K | — | View 990 |
| 2015 | $106K | $129K | $31K | $5K | — | View 990 |
| 2014 | $73K | $35K | $48K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $91K, expenses of $94K, and assets of $16K (revenue -32.3% year-over-year).
- 2022: Revenue of $135K, expenses of $137K, and assets of $24K (revenue -23.0% year-over-year).
- 2021: Revenue of $175K, expenses of $206K, and assets of $24K (revenue +44.6% year-over-year).
- 2020: Revenue of $121K, expenses of $121K, and assets of $53K (revenue -28.8% year-over-year).
- 2019: Revenue of $170K, expenses of $148K, and assets of $55K (revenue +36.4% year-over-year).
- 2018: Revenue of $124K, expenses of $114K, and assets of $40K (revenue +29.0% year-over-year).
- 2017: Revenue of $96K, expenses of $109K, and assets of $22K (revenue +1.4% year-over-year).
- 2016: Revenue of $95K, expenses of $89K, and assets of $33K (revenue -10.4% year-over-year).
- 2015: Revenue of $106K, expenses of $129K, and assets of $31K (revenue +46.2% year-over-year).
- 2014: Revenue of $73K, expenses of $35K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A Friend In Need Inc:
Data Sources and Methodology
This transparency report for A Friend In Need Inc 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.