Friends For Learning Inc
EIN: 364590254 · Idaho Falls, ID · NTEE: B99
| Metric | Value |
|---|---|
| Total Expenses | $11K |
| Net Assets | $55K |
Is Friends For Learning Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends For Learning Inc
Friends For Learning Inc (EIN: 364590254) is a nonprofit organization based in Idaho Falls, ID, classified under NTEE code B99. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends For Learning Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends For Learning Inc is a micro nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2019–2021). Revenue has grown at a compound annual rate of 62.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $11K |
| Surplus / Deficit | $-4,577 |
| Total Assets | $55K |
| Total Liabilities | $1 |
| Net Assets | $55K |
| Operating Margin | -67.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 57.9 months |
Financial Health Grade: B
In 2021, Friends For Learning Inc reported a deficit of $5K with expenses exceeding revenue, holds 57.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2019–2021), Friends For Learning Inc's revenue has grown at a compound annual growth rate (CAGR) of 62.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -31.4% | +14.8% | -7.7% |
| 2020 | +285.1% | +935.3% | +-0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends For Learning 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 Friends For Learning 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Friends For Learning Inc
Is Friends For Learning Inc a legitimate charity?
Friends For Learning Inc (EIN: 364590254) is a registered tax-exempt nonprofit based in Idaho. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Friends For Learning Inc spend its money?
Friends For Learning Inc reported its financials in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friends For Learning Inc tax-deductible?
Friends For Learning Inc is registered as a tax-exempt nonprofit (EIN: 364590254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends For Learning Inc located?
Friends For Learning Inc is headquartered in Idaho Falls, Idaho and files with the IRS under EIN 364590254. It is classified under NTEE code B99.
How many years of IRS 990 filings does Friends For Learning Inc have?
Friends For Learning Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Friends For Learning Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2021), Friends For Learning Inc's revenue has grown by 164.2%, moving from $3K to $7K. Total assets decreased by 7.7% over the same period, from $59K to $55K. Total functional expenses rose by 1089%, from $955 to $11K. In its most recent filing year (2021), Friends For Learning Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $55K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $55K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $7K | $11K | $55K | $1 | — | View 990 |
| 2020 | $10K | $10K | $59K | $1 | — | — |
| 2019 | $3K | $955 | $59K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $7K, expenses of $11K, and assets of $55K (revenue -31.4% year-over-year).
- 2020: Revenue of $10K, expenses of $10K, and assets of $59K (revenue +285.1% year-over-year).
- 2019: Revenue of $3K, expenses of $955, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends For Learning Inc:
Data Sources and Methodology
This transparency report for Friends For Learning 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.