Friend To Friend Inc
EIN: 61352528 · East Granby, CT · NTEE: K31
| Metric | Value |
|---|---|
| Total Revenue | $65K |
| Total Expenses | $36K |
| Net Assets | $114K |
Is Friend To Friend Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friend To Friend Inc
Friend To Friend Inc (EIN: 61352528) is a nonprofit organization based in East Granby, CT, classified under NTEE code K31. The organization reported total revenue of $65K and total assets of $142K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friend To Friend Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friend To Friend Inc is a micro nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2008–2022). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $36K |
| Surplus / Deficit | +$5K |
| Total Assets | $114K |
| Net Assets | $114K |
| Operating Margin | 11.2% |
| Months of Reserves | 37.8 months |
Financial Health Grade: A
In 2022, Friend To Friend Inc reported a surplus of $5K with revenue exceeding expenses, holds 37.8 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2008–2022), Friend To Friend Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -41.7% | -13.1% | +27.4% |
| 2020 | +290.6% | +184.5% | +144.6% |
| 2014 | -5.3% | -23.3% | +9.8% |
| 2013 | -13.8% | +14.6% | -0.5% |
| 2012 | -1.8% | +10.3% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friend To Friend Inc 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 Friend To Friend Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Frequently Asked Questions about Friend To Friend Inc
Is Friend To Friend Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friend To Friend Inc (EIN: 61352528) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friend To Friend Inc spend its money?
Detailed spending breakdown data is not yet available for Friend To Friend Inc. Check back for updated IRS 990 analysis.
Are donations to Friend To Friend Inc tax-deductible?
Friend To Friend Inc is registered as a tax-exempt nonprofit (EIN: 61352528). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friend To Friend Inc located?
Friend To Friend Inc is headquartered in East Granby, Connecticut and files with the IRS under EIN 61352528. It is classified under NTEE code K31.
How many years of IRS 990 filings does Friend To Friend Inc have?
Friend To Friend Inc has 9 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 $65K in total revenue.
Filing History
IRS 990 filing history for Friend To Friend Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2008–2022), Friend To Friend Inc's revenue has grown by 168.4%, moving from $15K to $41K. Total assets increased by 356.3% over the same period, from $25K to $114K. Total functional expenses rose by 209.1%, from $12K to $36K. In its most recent filing year (2022), Friend To Friend Inc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $41K | $36K | $114K | $0 | — | View 990 |
| 2020 | $70K | $42K | $89K | $0 | — | View 990 |
| 2014 | $18K | $15K | $36K | $0 | — | View 990 |
| 2013 | $19K | $19K | $33K | $0 | — | View 990 |
| 2012 | $22K | $17K | $33K | $0 | — | View 990 |
| 2011 | $22K | $15K | $28K | $0 | — | View 990 |
| 2010 | $16K | $15K | $21K | $0 | — | View 990 |
| 2009 | $19K | $24K | $20K | $0 | — | View 990 |
| 2008 | $15K | $12K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $41K, expenses of $36K, and assets of $114K (revenue -41.7% year-over-year).
- 2020: Revenue of $70K, expenses of $42K, and assets of $89K (revenue +290.6% year-over-year).
- 2014: Revenue of $18K, expenses of $15K, and assets of $36K (revenue -5.3% year-over-year).
- 2013: Revenue of $19K, expenses of $19K, and assets of $33K (revenue -13.8% year-over-year).
- 2012: Revenue of $22K, expenses of $17K, and assets of $33K (revenue -1.8% year-over-year).
- 2011: Revenue of $22K, expenses of $15K, and assets of $28K (revenue +38.2% year-over-year).
- 2010: Revenue of $16K, expenses of $15K, and assets of $21K (revenue -15.2% year-over-year).
- 2009: Revenue of $19K, expenses of $24K, and assets of $20K (revenue +25.6% year-over-year).
- 2008: Revenue of $15K, expenses of $12K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friend To Friend Inc:
Data Sources and Methodology
This transparency report for Friend To Friend 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.