Friends Of Ngong Road
Friends Of Ngong Road experiences significant revenue growth and maintains strong asset base with no reported officer compensation.
EIN: 204690846 · Minneapolis, MN · NTEE: G198 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| Net Assets | $2.6M |
| Transparency Score | 92/100 |
Is Friends Of Ngong Road Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Ngong Road directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Ngong Road
Friends Of Ngong Road (EIN: 204690846) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code G198. The organization reported total revenue of $1.4M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Ngong Road's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Ngong Road is a mid-size 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 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $2.6M |
| Total Liabilities | $15K |
| Net Assets | $2.6M |
| Operating Margin | 51.2% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 29.3 months |
Financial Health Grade: A
In 2023, Friends Of Ngong Road reported a surplus of $1.1M with revenue exceeding expenses, holds 29.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Ngong Road's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +95.2% | +1.9% | +86.4% |
| 2022 | +7.0% | +28.5% | -4.5% |
| 2021 | +39.0% | +29.4% | +15.5% |
| 2020 | -3.3% | -21.1% | +16.8% |
| 2019 | +6.6% | -5.4% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Ngong Road with a Mission Score of 92 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 Ngong Road 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 $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for directing funds to its mission.
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.
Strengths
The following positive indicators were identified for Friends Of Ngong Road:
- Significant revenue growth, with revenue nearly doubling from 202112 to 202312 ($1,048,460 to $2,188,592).
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in directing funds to programs.
- Strong asset growth from $785,919 in 201612 to $2,607,021 in 202312, demonstrating financial stability.
- Low liabilities consistently maintained, with the highest being $19,305 in 202212, suggesting prudent financial management.
- Expenses consistently lower than revenue in recent years, particularly in 202312 ($1,067,634 expenses vs. $2,188,592 revenue), leading to healthy surpluses.
Frequently Asked Questions about Friends Of Ngong Road
Is Friends Of Ngong Road a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Ngong Road (EIN: 204690846) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Friends Of Ngong Road spend its money?
Friends Of Ngong Road directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Ngong Road tax-deductible?
Friends Of Ngong Road is registered as a tax-exempt nonprofit (EIN: 204690846). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Ngong Road's spending goes to programs?
Friends Of Ngong Road directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Ngong Road compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Friends Of Ngong Road is above average for NTEE category G198 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Ngong Road located?
Friends Of Ngong Road is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 204690846. It is classified under NTEE code G198.
How many years of IRS 990 filings does Friends Of Ngong Road have?
Friends Of Ngong Road 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 $1.4M in total revenue.
Is Friends Of Ngong Road a good charity?
Based on the provided financial data, Friends Of Ngong Road appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, low liabilities, and a notable commitment to its mission by reporting 0% officer compensation across all filings.
How has Friends Of Ngong Road's revenue trended recently?
Friends Of Ngong Road has shown significant revenue growth in recent years, nearly doubling from $1,048,460 in 202112 to $2,188,592 in 202312.
What is the organization's asset growth like?
The organization has demonstrated consistent asset growth, increasing from $785,919 in 201612 to $2,607,021 in 202312, indicating strong financial stability.
Filing History
IRS 990 filing history for Friends Of Ngong Road showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Ngong Road's revenue has grown by 345.1%, moving from $492K to $2.2M. Total assets increased by 252.9% over the same period, from $739K to $2.6M. Total functional expenses rose by 158.9%, from $412K to $1.1M. In its most recent filing year (2023), Friends Of Ngong Road reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $15K in liabilities against $2.6M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.1M | $2.6M | $15K | — | View 990 |
| 2022 | $1.1M | $1.0M | $1.4M | $19K | — | — |
| 2021 | $1.0M | $816K | $1.5M | $17K | — | — |
| 2020 | $754K | $631K | $1.3M | $10K | — | View 990 |
| 2019 | $780K | $799K | $1.1M | $11K | — | View 990 |
| 2018 | $731K | $844K | $1.1M | $3K | — | View 990 |
| 2017 | $1.0M | $648K | $1.2M | $1K | — | View 990 |
| 2016 | $683K | $882K | $786K | $0 | — | View 990 |
| 2015 | $595K | $716K | $985K | $0 | — | View 990 |
| 2014 | $808K | $791K | $1.1M | $490 | — | View 990 |
| 2013 | $847K | $602K | $1.1M | $3K | — | View 990 |
| 2012 | $699K | $593K | $843K | $0 | — | View 990 |
| 2011 | $492K | $412K | $739K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.1M, and assets of $2.6M (revenue +95.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.0M, and assets of $1.4M (revenue +7.0% year-over-year).
- 2021: Revenue of $1.0M, expenses of $816K, and assets of $1.5M (revenue +39.0% year-over-year).
- 2020: Revenue of $754K, expenses of $631K, and assets of $1.3M (revenue -3.3% year-over-year).
- 2019: Revenue of $780K, expenses of $799K, and assets of $1.1M (revenue +6.6% year-over-year).
- 2018: Revenue of $731K, expenses of $844K, and assets of $1.1M (revenue -29.9% year-over-year).
- 2017: Revenue of $1.0M, expenses of $648K, and assets of $1.2M (revenue +52.8% year-over-year).
- 2016: Revenue of $683K, expenses of $882K, and assets of $786K (revenue +14.7% year-over-year).
- 2015: Revenue of $595K, expenses of $716K, and assets of $985K (revenue -26.3% year-over-year).
- 2014: Revenue of $808K, expenses of $791K, and assets of $1.1M (revenue -4.6% year-over-year).
- 2013: Revenue of $847K, expenses of $602K, and assets of $1.1M (revenue +21.1% year-over-year).
- 2012: Revenue of $699K, expenses of $593K, and assets of $843K (revenue +42.2% year-over-year).
- 2011: Revenue of $492K, expenses of $412K, and assets of $739K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Ngong Road:
Data Sources and Methodology
This transparency report for Friends Of Ngong Road 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.