Friends Of Flynn Rink Inc
Friends Of Flynn Rink Inc consistently operates near break-even with volunteer leadership and stable assets.
EIN: 204710167 · Medford, MA · NTEE: N68 · Updated: 2026-03-28
Is Friends Of Flynn Rink 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 Flynn Rink Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Flynn Rink Inc
Friends Of Flynn Rink Inc (EIN: 204710167) is a nonprofit organization based in Medford, MA, classified under NTEE code N68. The organization reported total revenue of $737K and total assets of $212K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Flynn Rink Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Flynn Rink Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $711K |
| Total Expenses | $731K |
| Surplus / Deficit | $-20,023 |
| Total Assets | $217K |
| Total Liabilities | $75K |
| Net Assets | $143K |
| Operating Margin | -2.8% |
| Debt-to-Asset Ratio | 34.4% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2023, Friends Of Flynn Rink Inc reported a deficit of $20K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 34.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Flynn Rink Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.0% | +6.4% | +13.2% |
| 2022 | +31.8% | +16.4% | +4.4% |
| 2021 | -23.7% | -18.2% | -30.1% |
| 2020 | +5.3% | +2.0% | -5.6% |
| 2019 | -7.3% | -4.0% | -13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Flynn Rink Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Friends Of Flynn Rink Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.
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 Flynn Rink Inc's IRS 990 filings:
- Lack of detailed expense breakdown in available data prevents precise program efficiency analysis.
Strengths
The following positive indicators were identified for Friends Of Flynn Rink Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Stable financial operations with revenues generally matching expenses over a decade.
- Consistent filing history (13 filings) demonstrates transparency and compliance.
- Manageable liabilities relative to assets, indicating responsible financial management.
Frequently Asked Questions about Friends Of Flynn Rink Inc
Is Friends Of Flynn Rink Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Flynn Rink Inc (EIN: 204710167) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Friends Of Flynn Rink Inc spend its money?
Friends Of Flynn Rink Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Flynn Rink Inc tax-deductible?
Friends Of Flynn Rink Inc is registered as a tax-exempt nonprofit (EIN: 204710167). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Friends Of Flynn Rink Inc financially stable?
Yes, the organization appears financially stable, consistently operating near break-even with revenues closely matching expenses. For example, in 2023, revenue was $710,878 and expenses were $730,901, showing a minor deficit, but overall assets of $217,339 and manageable liabilities suggest stability.
How does Friends Of Flynn Rink Inc manage its leadership compensation?
Friends Of Flynn Rink Inc reports 0% officer compensation in all available filings, indicating a volunteer-led organization, which is a highly efficient use of resources.
What is the trend in the organization's assets?
The organization's assets have fluctuated but remained relatively stable over the past decade, ranging from a low of $183,940 in 2021 to a high of $320,788 in 2018, with $217,339 reported in 2023.
Does the organization consistently generate surpluses or deficits?
The organization generally operates near break-even, with minor surpluses or deficits. For instance, it had a $38,203 surplus in 2022 and a $20,023 deficit in 2023, indicating tight financial management rather than significant accumulation or depletion of funds.
Filing History
IRS 990 filing history for Friends Of Flynn Rink Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Flynn Rink Inc's revenue has grown by 21.9%, moving from $583K to $711K. Total assets increased by 34.4% over the same period, from $162K to $217K. Total functional expenses rose by 39.4%, from $524K to $731K. In its most recent filing year (2023), Friends Of Flynn Rink Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $75K in liabilities against $217K in assets (debt-to-asset ratio: 34.4%), resulting in net assets of $143K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $711K | $731K | $217K | $75K | — | View 990 |
| 2022 | $725K | $687K | $192K | $29K | — | View 990 |
| 2021 | $550K | $590K | $184K | $60K | — | — |
| 2020 | $721K | $721K | $263K | $95K | — | View 990 |
| 2019 | $685K | $707K | $279K | $110K | — | View 990 |
| 2018 | $738K | $737K | $321K | $130K | — | View 990 |
| 2017 | $644K | $664K | $300K | $110K | — | View 990 |
| 2016 | $659K | $619K | $249K | $29K | — | View 990 |
| 2015 | $647K | $677K | $198K | $32K | — | View 990 |
| 2014 | $622K | $553K | $219K | $32K | — | View 990 |
| 2013 | $554K | $546K | $151K | $32K | — | View 990 |
| 2012 | $297K | $291K | $150K | $39K | — | View 990 |
| 2011 | $583K | $524K | $162K | $57K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $711K, expenses of $731K, and assets of $217K (revenue -2.0% year-over-year).
- 2022: Revenue of $725K, expenses of $687K, and assets of $192K (revenue +31.8% year-over-year).
- 2021: Revenue of $550K, expenses of $590K, and assets of $184K (revenue -23.7% year-over-year).
- 2020: Revenue of $721K, expenses of $721K, and assets of $263K (revenue +5.3% year-over-year).
- 2019: Revenue of $685K, expenses of $707K, and assets of $279K (revenue -7.3% year-over-year).
- 2018: Revenue of $738K, expenses of $737K, and assets of $321K (revenue +14.7% year-over-year).
- 2017: Revenue of $644K, expenses of $664K, and assets of $300K (revenue -2.4% year-over-year).
- 2016: Revenue of $659K, expenses of $619K, and assets of $249K (revenue +1.9% year-over-year).
- 2015: Revenue of $647K, expenses of $677K, and assets of $198K (revenue +4.1% year-over-year).
- 2014: Revenue of $622K, expenses of $553K, and assets of $219K (revenue +12.2% year-over-year).
- 2013: Revenue of $554K, expenses of $546K, and assets of $151K (revenue +86.5% year-over-year).
- 2012: Revenue of $297K, expenses of $291K, and assets of $150K (revenue -49.1% year-over-year).
- 2011: Revenue of $583K, expenses of $524K, and assets of $162K.
Data Sources and Methodology
This transparency report for Friends Of Flynn Rink 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.