Friendly Loving Opportunities Flo
EIN: 474385613 · Baltimore, MD · NTEE: K30
| Metric | Value |
|---|---|
| Total Revenue | $915K |
| Total Expenses | $644K |
| Net Assets | $171K |
Is Friendly Loving Opportunities Flo Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friendly Loving Opportunities Flo
Friendly Loving Opportunities Flo (EIN: 474385613) is a nonprofit organization based in Baltimore, MD, classified under NTEE code K30. The organization reported total revenue of $915K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friendly Loving Opportunities Flo's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friendly Loving Opportunities Flo is a small nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 68.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $699K |
| Total Expenses | $644K |
| Surplus / Deficit | +$55K |
| Total Assets | $348K |
| Total Liabilities | $177K |
| Net Assets | $171K |
| Operating Margin | 7.8% |
| Debt-to-Asset Ratio | 50.8% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2023, Friendly Loving Opportunities Flo reported a surplus of $55K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 50.8% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Friendly Loving Opportunities Flo's revenue has grown at a compound annual growth rate (CAGR) of 68.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.2% | +47.6% | +42.2% |
| 2022 | +175.9% | +121.4% | +322.4% |
| 2021 | +96.1% | +136.5% | +0.9% |
| 2020 | +17.8% | -7.4% | +5116.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friendly Loving Opportunities Flo 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 Friendly Loving Opportunities Flo 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 $55K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.8%.
Frequently Asked Questions about Friendly Loving Opportunities Flo
Is Friendly Loving Opportunities Flo a legitimate charity?
Friendly Loving Opportunities Flo (EIN: 474385613) is a registered tax-exempt nonprofit based in Maryland. It has 5 years of IRS 990 filings on record. Total revenue: $915K. No red flags identified. Financial health grade: A.
How does Friendly Loving Opportunities Flo spend its money?
Friendly Loving Opportunities Flo reported $915K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friendly Loving Opportunities Flo tax-deductible?
Friendly Loving Opportunities Flo is registered as a tax-exempt nonprofit (EIN: 474385613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friendly Loving Opportunities Flo located?
Friendly Loving Opportunities Flo is headquartered in Baltimore, Maryland and files with the IRS under EIN 474385613. It is classified under NTEE code K30.
How many years of IRS 990 filings does Friendly Loving Opportunities Flo have?
Friendly Loving Opportunities Flo has 5 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 $915K in total revenue.
Filing History
IRS 990 filing history for Friendly Loving Opportunities Flo showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Friendly Loving Opportunities Flo's revenue has grown by 711%, moving from $86K to $699K. Total assets increased by 31523.6% over the same period, from $1K to $348K. Total functional expenses rose by 615.8%, from $90K to $644K. In its most recent filing year (2023), Friendly Loving Opportunities Flo reported a surplus of $55K, with revenue exceeding expenses. The organization holds $177K in liabilities against $348K in assets (debt-to-asset ratio: 50.8%), resulting in net assets of $171K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $699K | $644K | $348K | $177K | — | — |
| 2022 | $550K | $436K | $244K | $129K | — | View 990 |
| 2021 | $199K | $197K | $58K | $37K | — | — |
| 2020 | $102K | $83K | $57K | $38K | — | View 990 |
| 2019 | $86K | $90K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $699K, expenses of $644K, and assets of $348K (revenue +27.2% year-over-year).
- 2022: Revenue of $550K, expenses of $436K, and assets of $244K (revenue +175.9% year-over-year).
- 2021: Revenue of $199K, expenses of $197K, and assets of $58K (revenue +96.1% year-over-year).
- 2020: Revenue of $102K, expenses of $83K, and assets of $57K (revenue +17.8% year-over-year).
- 2019: Revenue of $86K, expenses of $90K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friendly Loving Opportunities Flo:
Data Sources and Methodology
This transparency report for Friendly Loving Opportunities Flo 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.