Foster Friday Foundation
EIN: 352644248 · Las Vegas, NV · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $73K |
| Total Expenses | $21K |
| Net Assets | $63K |
Is Foster Friday Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foster Friday Foundation
Foster Friday Foundation (EIN: 352644248) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T30. The organization reported total revenue of $73K and total assets of $55K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foster Friday Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foster Friday Foundation is a micro nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -31.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $21K |
| Surplus / Deficit | +$11K |
| Total Assets | $63K |
| Net Assets | $63K |
| Operating Margin | 34.6% |
| Months of Reserves | 35.4 months |
Financial Health Grade: A
In 2023, Foster Friday Foundation reported a surplus of $11K with revenue exceeding expenses, holds 35.4 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Foster Friday Foundation's revenue has declined at a compound annual growth rate (CAGR) of -31.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.2% | -26.7% | +21.9% |
| 2022 | -61.6% | +26.5% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1500 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foster Friday Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foster Friday Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Frequently Asked Questions about Foster Friday Foundation
Is Foster Friday Foundation a legitimate charity?
Foster Friday Foundation (EIN: 352644248) is a registered tax-exempt nonprofit based in Nevada. It has 3 years of IRS 990 filings on record. Total revenue: $73K. No red flags identified. Financial health grade: A.
How does Foster Friday Foundation spend its money?
Foster Friday Foundation reported $73K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Foster Friday Foundation tax-deductible?
Foster Friday Foundation is registered as a tax-exempt nonprofit (EIN: 352644248). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foster Friday Foundation located?
Foster Friday Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 352644248. It is classified under NTEE code T30.
How many years of IRS 990 filings does Foster Friday Foundation have?
Foster Friday Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $73K in total revenue.
Filing History
IRS 990 filing history for Foster Friday Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Foster Friday Foundation's revenue has declined by 53%, moving from $69K to $33K. Total assets increased by 16.5% over the same period, from $54K to $63K. Total functional expenses fell by 7.2%, from $23K to $21K. In its most recent filing year (2023), Foster Friday Foundation reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $21K | $63K | $0 | — | — |
| 2022 | $27K | $29K | $52K | $0 | — | View 990 |
| 2021 | $69K | $23K | $54K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $21K, and assets of $63K (revenue +22.2% year-over-year).
- 2022: Revenue of $27K, expenses of $29K, and assets of $52K (revenue -61.6% year-over-year).
- 2021: Revenue of $69K, expenses of $23K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foster Friday Foundation:
Data Sources and Methodology
This transparency report for Foster Friday Foundation 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.