Friends Of Mend Incorporated
Friends Of Mend Incorporated maintains strong assets and low liabilities, with minimal expenses and no officer compensation, despite fluctuating revenue.
EIN: 200229054 · Moorestown, NJ · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $452K |
| Total Expenses | $16K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Friends Of Mend Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Mend Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Mend Incorporated
Friends Of Mend Incorporated (EIN: 200229054) is a nonprofit organization based in Moorestown, NJ, classified under NTEE code T30. The organization reported total revenue of $452K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Mend Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Mend Incorporated is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $16K |
| Surplus / Deficit | +$19K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 54.0% |
| Months of Reserves | 866.6 months |
Financial Health Grade: A
In 2023, Friends Of Mend Incorporated reported a surplus of $19K with revenue exceeding expenses, holds 866.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Mend Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.8% | -95.6% | +9.2% |
| 2022 | +51.0% | +1763.8% | -31.7% |
| 2021 | +79.0% | +6.9% | +8.0% |
| 2020 | -59.1% | +13.1% | +8.2% |
| 2019 | +11.5% | +2.3% | +14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Mend Incorporated 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 Mend Incorporated 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 surplus of $19K, with revenue exceeding expenses.
Executive Compensation Analysis
Friends Of Mend Incorporated consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly commendable for a nonprofit of its size with over $1 million in assets.
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 Mend Incorporated's IRS 990 filings:
- Significant unexplained expense spike in 2022 ($369,333) compared to typical annual expenses (under $20,000).
Strengths
The following positive indicators were identified for Friends Of Mend Incorporated:
- Consistent zero officer compensation, indicating high dedication to mission.
- Strong and growing asset base, providing financial stability (over $1.1 million in 2023).
- Historically low and stable operational expenses, suggesting efficient management.
- Zero liabilities for most of its history, indicating sound financial health and low debt.
- Long and consistent filing history (13 filings), demonstrating transparency.
Frequently Asked Questions about Friends Of Mend Incorporated
Is Friends Of Mend Incorporated a legitimate charity?
Friends Of Mend Incorporated (EIN: 200229054) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $452K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Friends Of Mend Incorporated spend its money?
Friends Of Mend Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friends Of Mend Incorporated tax-deductible?
Friends Of Mend Incorporated is registered as a tax-exempt nonprofit (EIN: 200229054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Friends Of Mend Incorporated CEO make?
Friends Of Mend Incorporated's highest-compensated officer earns $1 annually. The organization reported $452K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Friends Of Mend Incorporated's spending goes to programs?
Friends Of Mend Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Mend Incorporated compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Friends Of Mend Incorporated is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Mend Incorporated located?
Friends Of Mend Incorporated is headquartered in Moorestown, New Jersey and files with the IRS under EIN 200229054. It is classified under NTEE code T30.
How many years of IRS 990 filings does Friends Of Mend Incorporated have?
Friends Of Mend Incorporated 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 $452K in total revenue.
What caused the significant expense increase to $369,333 in 2022, given typical expenses are under $20,000?
The provided data does not specify the nature of this expense. It is a significant outlier compared to the organization's historical spending patterns and would require reviewing the full IRS Form 990 for that period to understand if it was a one-time investment, a large grant, or an operational anomaly.
How does Friends Of Mend Incorporated utilize its substantial asset base of over $1 million?
With assets consistently over $1 million and low operational expenses, the organization appears to be building reserves. The NTEE code T30 suggests it might be a grantmaking foundation, in which case assets would be used to generate investment income for future grants, or held as an endowment.
What are the specific programs or grants supported by Friends Of Mend Incorporated?
The provided financial data does not detail specific programs or grants. To understand its programmatic impact, one would need to consult the organization's website, annual reports, or the program service accomplishments section of its full IRS Form 990.
Given the fluctuating revenue, how does the organization ensure sustainable funding for its mission?
The organization's substantial asset base likely provides a buffer against revenue fluctuations. Its low and stable expense base also means it requires less consistent high revenue to maintain operations. However, a strategy for consistent revenue generation would be beneficial for long-term planning.
Filing History
IRS 990 filing history for Friends Of Mend Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Mend Incorporated's revenue has declined by 43.9%, moving from $63K to $36K. Total assets increased by 102% over the same period, from $585K to $1.2M. Total functional expenses rose by 596%, from $2K to $16K. In its most recent filing year (2023), Friends Of Mend Incorporated reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36K | $16K | $1.2M | $0 | — | — |
| 2022 | $74K | $369K | $1.1M | $85 | — | View 990 |
| 2021 | $49K | $20K | $1.6M | $0 | — | View 990 |
| 2020 | $27K | $19K | $1.5M | $0 | — | — |
| 2019 | $67K | $16K | $1.4M | $0 | — | View 990 |
| 2018 | $60K | $16K | $1.2M | $0 | — | View 990 |
| 2017 | $60K | $16K | $1.2M | $0 | — | View 990 |
| 2016 | $97K | $13K | $1.0M | $0 | — | View 990 |
| 2015 | $121K | $13K | $940K | $0 | — | View 990 |
| 2014 | $109K | $11K | $912K | $0 | — | View 990 |
| 2013 | $60K | $11K | $814K | $0 | — | View 990 |
| 2012 | $115K | $3K | $697K | $0 | — | View 990 |
| 2011 | $63K | $2K | $585K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36K, expenses of $16K, and assets of $1.2M (revenue -51.8% year-over-year).
- 2022: Revenue of $74K, expenses of $369K, and assets of $1.1M (revenue +51.0% year-over-year).
- 2021: Revenue of $49K, expenses of $20K, and assets of $1.6M (revenue +79.0% year-over-year).
- 2020: Revenue of $27K, expenses of $19K, and assets of $1.5M (revenue -59.1% year-over-year).
- 2019: Revenue of $67K, expenses of $16K, and assets of $1.4M (revenue +11.5% year-over-year).
- 2018: Revenue of $60K, expenses of $16K, and assets of $1.2M (revenue -0.7% year-over-year).
- 2017: Revenue of $60K, expenses of $16K, and assets of $1.2M (revenue -37.9% year-over-year).
- 2016: Revenue of $97K, expenses of $13K, and assets of $1.0M (revenue -19.6% year-over-year).
- 2015: Revenue of $121K, expenses of $13K, and assets of $940K (revenue +11.2% year-over-year).
- 2014: Revenue of $109K, expenses of $11K, and assets of $912K (revenue +80.2% year-over-year).
- 2013: Revenue of $60K, expenses of $11K, and assets of $814K (revenue -47.6% year-over-year).
- 2012: Revenue of $115K, expenses of $3K, and assets of $697K (revenue +81.4% year-over-year).
- 2011: Revenue of $63K, expenses of $2K, and assets of $585K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Mend Incorporated:
Data Sources and Methodology
This transparency report for Friends Of Mend Incorporated 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.