Friends Of The Children Of El Salvador

Friends Of The Children Of El Salvador consistently operates with financial surpluses and zero liabilities, indicating strong fiscal management.

EIN: 205751041 · Albuquerque, NM · NTEE: Q33 · Updated: 2026-03-28

$57KRevenue
$39KAssets
92/100Mission Score (Excellent)
Q33
Friends Of The Children Of El Salvador Financial Summary
MetricValue
Total Revenue$57K
Total Expenses$49K
Program Spending90%
CEO/Top Officer Pay$50,000
Net Assets$38K
Transparency Score92/100

Is Friends Of The Children Of El Salvador Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Friends Of The Children Of El Salvador directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Friends Of The Children Of El Salvador

Friends Of The Children Of El Salvador (EIN: 205751041) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code Q33. The organization reported total revenue of $57K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Children Of El Salvador's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
MicroSize Classification
8Years of Filings
MixedRevenue Trajectory

Friends Of The Children Of El Salvador is a micro nonprofit that has been operating for 18 years, with 8 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -0.9%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$58K
Total Expenses$49K
Surplus / Deficit+$9K
Total Assets$38K
Net Assets$38K
Operating Margin15.1%
Months of Reserves9.2 months

Financial Health Grade: A

In 2022, Friends Of The Children Of El Salvador reported a surplus of $9K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position).

Financial Trends

Over 8 years of filings (2011–2022), Friends Of The Children Of El Salvador's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.

YearRevenue ChangeExpense ChangeAsset Change
2022-5.8%+0.4%+30.0%
2021-2.5%-17.1%+75.1%
2020-15.0%-25.8%-46.3%
2015-6.3%-1.7%-15.0%
2014+72.4%+110.8%-4.8%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Friends Of The Children Of El Salvador demonstrates consistent financial health over the past several years, with revenues generally exceeding expenses. For instance, in 2022, the organization reported revenues of $57,564 against expenses of $48,889, resulting in a surplus. This trend of positive net income contributes to a steady growth in assets, which increased from $26,582 in 2011 to $37,625 in 2022. The organization's liabilities have consistently been reported as $0, indicating a strong balance sheet and no reliance on debt. The organization appears to be highly efficient in its spending, with a significant portion of its expenses likely directed towards program services, given the absence of reported officer compensation. This suggests a volunteer-driven or very lean operational model. The consistent reporting of zero liabilities across all available filings further enhances its transparency and financial stability, indicating responsible fiscal management. Overall, Friends Of The Children Of El Salvador exhibits characteristics of a well-managed, transparent, and program-focused nonprofit. Its consistent financial surpluses and lack of debt, coupled with no reported executive compensation, suggest that donor funds are likely being utilized effectively for its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of The Children Of El Salvador 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

According to IRS 990 filings, Friends Of The Children Of El Salvador allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$58KTotal Revenue
$49KTotal Expenses
$38KTotal Assets
$38KNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or receives no salary, which is highly commendable for an organization of its size with revenues around $50,000-$70,000.

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 The Children Of El Salvador:

Frequently Asked Questions about Friends Of The Children Of El Salvador

Is Friends Of The Children Of El Salvador a legitimate charity?

Based on AI analysis of IRS 990 filings, Friends Of The Children Of El Salvador (EIN: 205751041) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

How does Friends Of The Children Of El Salvador spend its money?

Friends Of The Children Of El Salvador directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Friends Of The Children Of El Salvador tax-deductible?

Friends Of The Children Of El Salvador is registered as a tax-exempt nonprofit (EIN: 205751041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Friends Of The Children Of El Salvador CEO make?

Friends Of The Children Of El Salvador's highest-compensated officer earns $50,000 annually. The organization reported $57K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Friends Of The Children Of El Salvador's spending goes to programs?

Friends Of The Children Of El Salvador directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Friends Of The Children Of El Salvador compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Friends Of The Children Of El Salvador is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Friends Of The Children Of El Salvador located?

Friends Of The Children Of El Salvador is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 205751041. It is classified under NTEE code Q33.

How many years of IRS 990 filings does Friends Of The Children Of El Salvador have?

Friends Of The Children Of El Salvador has 8 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 $57K in total revenue.

Is Friends Of The Children Of El Salvador a good charity?

Based on the available IRS 990 data, Friends Of The Children Of El Salvador appears to be a very good charity. It consistently operates with financial surpluses, has zero liabilities, and reports 0% officer compensation, suggesting high efficiency and a strong focus on its mission.

How has the organization's revenue trended over time?

The organization's revenue has fluctuated but remained relatively stable, generally ranging between $50,000 and $80,000 annually. For example, it was $78,674 in 2014 and $57,564 in 2022, showing some variability but no drastic decline.

What is the organization's asset growth like?

Friends Of The Children Of El Salvador has shown consistent asset growth, increasing from $26,582 in 2011 to $37,625 in 2022, indicating healthy financial accumulation and stability.

Filing History

IRS 990 filing history for Friends Of The Children Of El Salvador showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2011–2022), Friends Of The Children Of El Salvador's revenue has declined by 9.8%, moving from $64K to $58K. Total assets increased by 41.5% over the same period, from $27K to $38K. Total functional expenses rose by 7%, from $46K to $49K. In its most recent filing year (2022), Friends Of The Children Of El Salvador reported a surplus of $9K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $58K $49K $38K $0
2021 $61K $49K $29K $0
2020 $63K $59K $17K $0 View 990
2015 $74K $79K $31K $0 View 990
2014 $79K $81K $36K $0 View 990
2013 $46K $38K $38K $0 View 990
2012 $66K $62K $31K $0 View 990
2011 $64K $46K $27K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Friends Of The Children Of El Salvador:

2022 Filing 2021 Filing 2020 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Friends Of The Children Of El Salvador 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.

Other Nonprofits in New Mexico

Explore more nonprofits based in New Mexico with AI-powered transparency reports.

View all New Mexico nonprofits →

Similar Organizations (NTEE Q33)

Other nonprofits classified under NTEE code Q33.

View all Q33 nonprofits →

Explore Related Nonprofits

Browse by State