Friends Of Children Inc
Friends Of Children Inc: Consistent Deficits and High Administrative Costs Raise Concerns
EIN: 222952288 · Northampton, MA · NTEE: R200 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $801K |
| Total Expenses | $640K |
| Program Spending | 60% |
| Net Assets | $121K |
| Transparency Score | 65/100 |
Is Friends Of Children Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Children Inc directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Friends Of Children Inc
Friends Of Children Inc (EIN: 222952288) is a nonprofit organization based in Northampton, MA, classified under NTEE code R200. The organization reported total revenue of $801K and total assets of $311K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Children Inc is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $585K |
| Total Expenses | $640K |
| Surplus / Deficit | $-54,400 |
| Total Assets | $275K |
| Total Liabilities | $154K |
| Net Assets | $121K |
| Operating Margin | -9.3% |
| Debt-to-Asset Ratio | 56.1% |
| Months of Reserves | 5.2 months |
Financial Health Grade: C
In 2023, Friends Of Children Inc reported a deficit of $54K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 56.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Children Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.9% | +12.1% | +42.1% |
| 2022 | -5.9% | +26.8% | -29.4% |
| 2021 | +11.0% | +4.1% | +27.0% |
| 2020 | +5.2% | +33.3% | +20.2% |
| 2019 | +58.7% | +11.5% | +109.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of Children Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 25%
- programs: 60%
- fundraising: 15%
According to IRS 990 filings, Friends Of Children Inc allocates its expenses as follows: admin: 25%, programs: 60%, fundraising: 15%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 56.1%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Friends Of Children Inc's IRS 990 filings:
- Consistent operating deficits across multiple years, with expenses exceeding revenue by $54,390 in 2023 and $86,790 in 2022.
- A substantial increase in liabilities from $18,532 in 2022 to $154,285 in 2023, suggesting growing financial obligations.
- High administrative costs relative to program spending, with administrative expenses being 25% of total spending based on available data.
Strengths
The following positive indicators were identified for Friends Of Children Inc:
- The organization has maintained operations for several years, indicating resilience despite financial challenges.
- Total assets have shown growth over time, from $54,942 in 2016 to $274,792 in 2023.
Frequently Asked Questions about Friends Of Children Inc
Is Friends Of Children Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Children Inc (EIN: 222952288) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Friends Of Children Inc spend its money?
Friends Of Children Inc directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Children Inc tax-deductible?
Friends Of Children Inc is registered as a tax-exempt nonprofit (EIN: 222952288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Children Inc's spending goes to programs?
Friends Of Children Inc directs 60% to programs, 15% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Friends Of Children Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Friends Of Children Inc is above average for NTEE category R200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Children Inc located?
Friends Of Children Inc is headquartered in Northampton, Massachusetts and files with the IRS under EIN 222952288. It is classified under NTEE code R200.
How many years of IRS 990 filings does Friends Of Children Inc have?
Friends Of Children Inc has 13 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 $801K in total revenue.
What does Friends Of Children Inc do?
Friends Of Children Inc is a nonprofit organization in the Civil Rights, Social Action & Advocacy sector, located in Northampton, Massachusetts. It is classified under NTEE code R200.
How much revenue does Friends Of Children Inc have?
Friends Of Children Inc reported total revenue of $801,076. Based on 13 IRS 990 filings on record.
What are Friends Of Children Inc's total assets?
Friends Of Children Inc holds total assets of $311,306 as reported in IRS 990 filings.
Where is Friends Of Children Inc located?
Friends Of Children Inc is based in Northampton, Massachusetts.
What is Friends Of Children Inc's EIN?
Friends Of Children Inc's Employer Identification Number (EIN) is 222952288. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Friends Of Children Inc?
Friends Of Children Inc is classified under NTEE code R200 (Civil Rights, Social Action & Advocacy).
Is Friends Of Children Inc a registered 501(c)(3)?
Yes, Friends Of Children Inc is recognized as a tax-exempt organization by the IRS. EIN: 222952288.
Does Friends Of Children Inc file IRS Form 990?
Yes, Friends Of Children Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Friends Of Children Inc's revenue in 2023?
In the 202306 filing period, Friends Of Children Inc reported total revenue of $585,430, total expenses of $639,830, and net assets of $274,792.
Is Friends Of Children Inc's revenue growing or declining?
Friends Of Children Inc's revenue is growing. Revenue went from $484,093 (202206) to $585,430 (202306), a +20.9% change. Based on 13 filings on record.
What is Friends Of Children Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Friends Of Children Inc covers tax period 202306. It shows revenue of $585,430, expenses of $639,830, total assets of $274,792, and liabilities of $154,285.
How much does Friends Of Children Inc spend on programs vs administration?
Based on IRS 990 analysis, Friends Of Children Inc allocates approximately 60% of expenses to program services, 25% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Friends Of Children Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Friends Of Children Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Friends Of Children Inc?
The following concerns were identified: Consistent operating deficits across multiple years, with expenses exceeding revenue by $54,390 in 2023 and $86,790 in 2022.. A substantial increase in liabilities from $18,532 in 2022 to $154,285 in 2023, suggesting growing financial obligations.. High administrative costs relative to program spending, with administrative expenses being 25% of total spending based on available data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Friends Of Children Inc's strengths?
Positive indicators for Friends Of Children Inc include: The organization has maintained operations for several years, indicating resilience despite financial challenges.. Total assets have shown growth over time, from $54,942 in 2016 to $274,792 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Friends Of Children Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent operating deficits, how does Friends Of Children Inc plan to achieve long-term financial sustainability and cover its increasing liabilities?
The provided data does not detail specific strategies for addressing the consistent deficits or the significant increase in liabilities. A deeper dive into their financial planning and fundraising strategies would be necessary to answer this.
What specific programs or initiatives account for the majority of the 'programs' spending, and what are their measurable impacts on children?
The available data only provides a spending breakdown percentage for 'programs' but lacks specific details on the nature of these programs or their outcomes. This information is crucial for evaluating the effectiveness of their mission.
Filing History
IRS 990 filing history for Friends Of Children Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Children Inc's revenue has grown by 181.7%, moving from $208K to $585K. Total assets increased by 1277.7% over the same period, from $20K to $275K. Total functional expenses rose by 201.5%, from $212K to $640K. In its most recent filing year (2023), Friends Of Children Inc reported a deficit of $54K, with expenses exceeding revenue. The organization holds $154K in liabilities against $275K in assets (debt-to-asset ratio: 56.1%), resulting in net assets of $121K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $585K | $640K | $275K | $154K | — | — |
| 2022 | $484K | $571K | $193K | $19K | — | View 990 |
| 2021 | $515K | $450K | $274K | $12K | — | View 990 |
| 2020 | $464K | $432K | $216K | $18K | — | View 990 |
| 2019 | $440K | $324K | $180K | $13K | — | View 990 |
| 2018 | $278K | $291K | $86K | $35K | — | View 990 |
| 2017 | $294K | $331K | $108K | $44K | — | View 990 |
| 2016 | $208K | $259K | $55K | $35K | — | View 990 |
| 2015 | $276K | $279K | $77K | $8K | — | View 990 |
| 2014 | $285K | $241K | $97K | $24K | — | View 990 |
| 2013 | $247K | $251K | $39K | $10K | — | View 990 |
| 2012 | $272K | $238K | $56K | $19K | — | View 990 |
| 2011 | $208K | $212K | $20K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $585K, expenses of $640K, and assets of $275K (revenue +20.9% year-over-year).
- 2022: Revenue of $484K, expenses of $571K, and assets of $193K (revenue -5.9% year-over-year).
- 2021: Revenue of $515K, expenses of $450K, and assets of $274K (revenue +11.0% year-over-year).
- 2020: Revenue of $464K, expenses of $432K, and assets of $216K (revenue +5.2% year-over-year).
- 2019: Revenue of $440K, expenses of $324K, and assets of $180K (revenue +58.7% year-over-year).
- 2018: Revenue of $278K, expenses of $291K, and assets of $86K (revenue -5.6% year-over-year).
- 2017: Revenue of $294K, expenses of $331K, and assets of $108K (revenue +41.1% year-over-year).
- 2016: Revenue of $208K, expenses of $259K, and assets of $55K (revenue -24.5% year-over-year).
- 2015: Revenue of $276K, expenses of $279K, and assets of $77K (revenue -3.0% year-over-year).
- 2014: Revenue of $285K, expenses of $241K, and assets of $97K (revenue +15.4% year-over-year).
- 2013: Revenue of $247K, expenses of $251K, and assets of $39K (revenue -9.4% year-over-year).
- 2012: Revenue of $272K, expenses of $238K, and assets of $56K (revenue +31.1% year-over-year).
- 2011: Revenue of $208K, expenses of $212K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Children Inc:
Data Sources and Methodology
This transparency report for Friends Of Children 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.