Fast Friends
Fast Friends consistently operates with annual surpluses but maintains a negative net asset position.
EIN: 20460134 · Swanzey, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $1.4M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $-468,462 |
| Transparency Score | 65/100 |
Search Intent Cockpit
Fast Friends Form 990, Revenue, CEO Pay, and IRS Filing Signals
Fast Friends is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Fast Friends in one place.
Form 990 Filing Summary
14 filing years are available, with latest revenue of $1.5M and expenses of $1.4M.
Revenue and Expenses
Fast Friends reported $1.5M in revenue and $1.4M in expenses, a surplus of $139K.
Executive Compensation
Top officer compensation appears as $1 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
65/100 mission score, 3 red flags, and 4 strengths are shown from structured and AI review.
Is Fast Friends Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $952K (70%) |
Across stored filings, Fast Friends shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade A | 14 stored filing years |
| Peer context | Compare with Hellenic Society Paideia Of New Hampshire | New Hampshire and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Hellenic Society Paideia Of New Hampshire →All New Hampshire nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Swanzey, NH nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Donation Decision Flow
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Keep the Investigation Moving
Fast Friends directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Fast Friends
Fast Friends (EIN: 20460134) is a nonprofit organization based in Swanzey, NH. The organization reported total revenue of $3.3M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fast Friends's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fast Friends is a mid-size nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$139K |
| Total Assets | $1.5M |
| Total Liabilities | $1.9M |
| Net Assets | $-468,462 |
| Operating Margin | 9.3% |
| Debt-to-Asset Ratio | 131.9% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, Fast Friends reported a surplus of $139K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 131.9% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Fast Friends's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.1% | -7.0% | +2.3% |
| 2022 | -2.7% | +13.8% | -4.9% |
| 2021 | +23.4% | +9.2% | +2.4% |
| 2020 | -11.9% | -7.4% | -0.9% |
| 2019 | -1.7% | -1.3% | -4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Fast Friends with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Fast Friends allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $139K, with revenue exceeding expenses.
- Debt-to-asset ratio: 131.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization with over $1 million in annual revenue and suggests a volunteer-led or very lean leadership 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 Fast Friends's IRS 990 filings:
- Consistent negative net asset position (liabilities exceed assets in all reported periods)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unusually high liabilities relative to assets
Strengths
The following positive indicators were identified for Fast Friends:
- Consistent annual operating surpluses (e.g., $139,148 surplus in 202312)
- Zero reported officer compensation across all filings, indicating low overhead for leadership
- Long history of IRS 990 filings (14 filings), suggesting transparency and compliance
- Stable revenue generation over the past decade, generally above $1 million annually
Frequently Asked Questions about Fast Friends
Is Fast Friends a legitimate charity?
Fast Friends (EIN: 20460134) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.3M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Fast Friends spend its money?
Fast Friends directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Fast Friends tax-deductible?
Fast Friends is registered as a tax-exempt nonprofit (EIN: 20460134). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fast Friends CEO make?
Fast Friends's highest-compensated officer earns $1 annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fast Friends's spending goes to programs?
Fast Friends directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Fast Friends located?
Fast Friends is headquartered in Swanzey, New Hampshire and files with the IRS under EIN 20460134.
How many years of IRS 990 filings does Fast Friends have?
Fast Friends 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 $3.3M in total revenue.
How does Fast Friends manage its consistent negative net asset position?
The filings consistently show liabilities exceeding assets (e.g., $1,935,515 liabilities vs. $1,467,053 assets in 202312). Understanding the nature of these liabilities (e.g., mortgages, program-related debt) is crucial for assessing long-term financial health.
What is the breakdown of program, administrative, and fundraising expenses?
Without this detailed breakdown, it's difficult to fully assess the organization's spending efficiency and how much of each dollar directly supports its mission.
How does Fast Friends sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests a unique operational model, possibly relying heavily on volunteers or having key leadership compensated through other means not reported as officer compensation.
Filing History
IRS 990 filing history for Fast Friends showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Fast Friends's revenue has grown by 142.5%, moving from $618K to $1.5M. Total assets decreased by 14.2% over the same period, from $1.7M to $1.5M. Total functional expenses rose by 127.3%, from $599K to $1.4M. In its most recent filing year (2023), Fast Friends reported a surplus of $139K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $1.5M in assets (debt-to-asset ratio: 131.9%), resulting in net assets of $-468,462.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.4M | $1.5M | $1.9M | — | — |
| 2022 | $1.3M | $1.5M | $1.4M | $2.0M | — | View 990 |
| 2021 | $1.3M | $1.3M | $1.5M | $1.9M | — | View 990 |
| 2020 | $1.1M | $1.2M | $1.5M | $1.9M | — | View 990 |
| 2019 | $1.2M | $1.3M | $1.5M | $1.8M | — | View 990 |
| 2018 | $1.2M | $1.3M | $1.6M | $1.9M | — | View 990 |
| 2017 | $1.1M | $1.2M | $1.6M | $1.8M | — | View 990 |
| 2016 | $1.0M | $1.1M | $1.6M | $1.8M | — | View 990 |
| 2015 | $985K | $1.1M | $1.7M | $1.8M | — | View 990 |
| 2014 | $816K | $1.1M | $1.8M | $1.8M | — | View 990 |
| 2013 | $1.0M | $948K | $2.0M | $1.8M | — | View 990 |
| 2012 | $711K | $806K | $2.0M | $1.8M | — | View 990 |
| 2011 | $982K | $683K | $2.1M | $1.8M | — | View 990 |
| 2010 | $618K | $599K | $1.7M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.4M, and assets of $1.5M (revenue +17.1% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.5M, and assets of $1.4M (revenue -2.7% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $1.5M (revenue +23.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $1.5M (revenue -11.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $1.5M (revenue -1.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $1.6M (revenue +11.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $1.6M (revenue +8.1% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $1.6M (revenue +3.4% year-over-year).
- 2015: Revenue of $985K, expenses of $1.1M, and assets of $1.7M (revenue +20.7% year-over-year).
- 2014: Revenue of $816K, expenses of $1.1M, and assets of $1.8M (revenue -19.0% year-over-year).
- 2013: Revenue of $1.0M, expenses of $948K, and assets of $2.0M (revenue +41.6% year-over-year).
- 2012: Revenue of $711K, expenses of $806K, and assets of $2.0M (revenue -27.6% year-over-year).
- 2011: Revenue of $982K, expenses of $683K, and assets of $2.1M (revenue +58.9% year-over-year).
- 2010: Revenue of $618K, expenses of $599K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fast Friends:
Data Sources and Methodology
This transparency report for Fast Friends 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.