Friends Of The Children Fargo Moorhead
EIN: 834476757 · Fargo, ND · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Net Assets | $665K |
Is Friends Of The Children Fargo Moorhead Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of The Children Fargo Moorhead
Friends Of The Children Fargo Moorhead (EIN: 834476757) is a nonprofit organization based in Fargo, ND, classified under NTEE code P20. The organization reported total revenue of $1.3M and total assets of $927K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Children Fargo Moorhead's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Children Fargo Moorhead is a mid-size nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $599K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-526,657 |
| Total Assets | $791K |
| Total Liabilities | $126K |
| Net Assets | $665K |
| Operating Margin | -87.9% |
| Debt-to-Asset Ratio | 15.9% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2023, Friends Of The Children Fargo Moorhead reported a deficit of $527K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 15.9% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Friends Of The Children Fargo Moorhead's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -44.6% | +56.7% | -32.5% |
| 2022 | +31.4% | +29.5% | +50.8% |
| 2021 | +23.9% | +12.0% | +39.7% |
| 2020 | +95.3% | +1802.1% | +74.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of The Children Fargo Moorhead 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 Of The Children Fargo Moorhead 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $527K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.9%.
Frequently Asked Questions about Friends Of The Children Fargo Moorhead
Is Friends Of The Children Fargo Moorhead a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Children Fargo Moorhead (EIN: 834476757) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friends Of The Children Fargo Moorhead spend its money?
Detailed spending breakdown data is not yet available for Friends Of The Children Fargo Moorhead. Check back for updated IRS 990 analysis.
Are donations to Friends Of The Children Fargo Moorhead tax-deductible?
Friends Of The Children Fargo Moorhead is registered as a tax-exempt nonprofit (EIN: 834476757). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of The Children Fargo Moorhead located?
Friends Of The Children Fargo Moorhead is headquartered in Fargo, North Dakota and files with the IRS under EIN 834476757. It is classified under NTEE code P20.
How many years of IRS 990 filings does Friends Of The Children Fargo Moorhead have?
Friends Of The Children Fargo Moorhead has 5 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Friends Of The Children Fargo Moorhead showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Friends Of The Children Fargo Moorhead's revenue has grown by 76.3%, moving from $340K to $599K. Total assets increased by 148% over the same period, from $319K to $791K. Total functional expenses rose by 4221.3%, from $26K to $1.1M. In its most recent filing year (2023), Friends Of The Children Fargo Moorhead reported a deficit of $527K, with expenses exceeding revenue. The organization holds $126K in liabilities against $791K in assets (debt-to-asset ratio: 15.9%), resulting in net assets of $665K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $599K | $1.1M | $791K | $126K | — | View 990 |
| 2022 | $1.1M | $719K | $1.2M | $39K | — | View 990 |
| 2021 | $823K | $555K | $777K | $18K | — | View 990 |
| 2020 | $664K | $496K | $556K | $74K | — | View 990 |
| 2019 | $340K | $26K | $319K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $599K, expenses of $1.1M, and assets of $791K (revenue -44.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $719K, and assets of $1.2M (revenue +31.4% year-over-year).
- 2021: Revenue of $823K, expenses of $555K, and assets of $777K (revenue +23.9% year-over-year).
- 2020: Revenue of $664K, expenses of $496K, and assets of $556K (revenue +95.3% year-over-year).
- 2019: Revenue of $340K, expenses of $26K, and assets of $319K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Children Fargo Moorhead:
Data Sources and Methodology
This transparency report for Friends Of The Children Fargo Moorhead 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.