Friedman Family Charitable Trust
EIN: 464670616 · Washington, DC · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $39K |
| Total Expenses | $56K |
| Net Assets | $559K |
Is Friedman Family Charitable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friedman Family Charitable Trust
Friedman Family Charitable Trust (EIN: 464670616) is a nonprofit organization based in Washington, DC, classified under NTEE code Z99. The organization reported total revenue of $39K and total assets of $553K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friedman Family Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friedman Family Charitable Trust is a micro nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2014–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -154161.1% | -29.8% | -16.6% |
| 2020 | -5458.9% | -58.3% | -36.7% |
| 2019 | -99.4% | +265.4% | -73.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friedman Family Charitable Trust 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 Friedman Family Charitable Trust 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:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Friedman Family Charitable Trust
Is Friedman Family Charitable Trust a legitimate charity?
Friedman Family Charitable Trust (EIN: 464670616) is a registered tax-exempt nonprofit based in Washington DC. It has 7 years of IRS 990 filings on record. Total revenue: $39K. No red flags identified. Financial health grade: B.
How does Friedman Family Charitable Trust spend its money?
Friedman Family Charitable Trust reported $39K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friedman Family Charitable Trust tax-deductible?
Friedman Family Charitable Trust is registered as a tax-exempt nonprofit (EIN: 464670616). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friedman Family Charitable Trust located?
Friedman Family Charitable Trust is headquartered in Washington, Washington DC and files with the IRS under EIN 464670616. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Friedman Family Charitable Trust have?
Friedman Family Charitable Trust has 7 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 $39K in total revenue.
Filing History
IRS 990 filing history for Friedman Family Charitable Trust showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Friedman Family Charitable Trust's revenue has declined by 100.9%, moving from $5.9M to $-55,462. Total assets decreased by 90.2% over the same period, from $5.7M to $559K. Total functional expenses fell by 60.7%, from $143K to $56K. The organization holds $1 in liabilities against $559K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $559K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-55,462 | $56K | $559K | $1 | — | — |
| 2022 | $36 | $80K | $670K | $1 | — | View 990 |
| 2021 | $-220,666 | $229K | $630K | $48K | — | — |
| 2020 | $-206,102 | $392K | $1.0M | $1 | — | — |
| 2019 | $4K | $940K | $1.6M | $1 | — | View 990 |
| 2015 | $668K | $257K | $6.1M | $1 | — | View 990 |
| 2014 | $5.9M | $143K | $5.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-55,462, expenses of $56K, and assets of $559K (revenue -154161.1% year-over-year).
- 2022: Revenue of $36, expenses of $80K, and assets of $670K.
- 2021: Revenue of $-220,666, expenses of $229K, and assets of $630K.
- 2020: Revenue of $-206,102, expenses of $392K, and assets of $1.0M (revenue -5458.9% year-over-year).
- 2019: Revenue of $4K, expenses of $940K, and assets of $1.6M (revenue -99.4% year-over-year).
- 2015: Revenue of $668K, expenses of $257K, and assets of $6.1M (revenue -88.6% year-over-year).
- 2014: Revenue of $5.9M, expenses of $143K, and assets of $5.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friedman Family Charitable Trust:
Data Sources and Methodology
This transparency report for Friedman Family Charitable Trust 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.