Friends Of The Helsinki Movement Foundation
Friends Of The Helsinki Movement Foundation frequently operates at a deficit, with expenses often exceeding revenue.
EIN: 208607942 · Chattanooga, TN · NTEE: Q70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $408K |
| Total Expenses | $364K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $300,000. |
| Net Assets | $27K |
| Transparency Score | 70/100 |
Is Friends Of The Helsinki Movement Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Helsinki Movement Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Helsinki Movement Foundation
Friends Of The Helsinki Movement Foundation (EIN: 208607942) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code Q70. The organization reported total revenue of $408K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Helsinki Movement Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Helsinki Movement Foundation is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 126.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $363K |
| Total Expenses | $364K |
| Surplus / Deficit | $-838 |
| Total Assets | $27K |
| Net Assets | $27K |
| Operating Margin | -0.2% |
| Months of Reserves | 0.9 months |
Financial Health Grade: D
In 2023, Friends Of The Helsinki Movement Foundation reported a deficit of $838 with expenses exceeding revenue, holds 0.9 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Friends Of The Helsinki Movement Foundation's revenue has grown at a compound annual growth rate (CAGR) of 126.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.1% | +10.8% | -3.2% |
| 2022 | -5.5% | -0.9% | -40.2% |
| 2021 | -11.8% | -23.4% | -7.0% |
| 2020 | -10.3% | +35.6% | -55.2% |
| 2019 | -19.6% | -42.5% | +668.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 The Helsinki Movement Foundation with a Mission Score of 70 out of 100 (Good). 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 The Helsinki Movement Foundation 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 $838, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for an organization of its size with annual revenues often exceeding $300,000.
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.
Red Flags
The following concerns were identified during AI analysis of Friends Of The Helsinki Movement Foundation's IRS 990 filings:
- Frequent deficit spending, with expenses often exceeding revenue (e.g., 2023, 2022, 2021, 2020, 2018, 2015, 2014).
- Volatile asset base, indicating a lack of consistent financial growth or substantial reserves.
Strengths
The following positive indicators were identified for Friends Of The Helsinki Movement Foundation:
- Consistent 0% officer compensation, demonstrating a strong commitment to mission over executive pay.
- Long filing history (12 filings), indicating consistent compliance and transparency in reporting.
Frequently Asked Questions about Friends Of The Helsinki Movement Foundation
Is Friends Of The Helsinki Movement Foundation a legitimate charity?
Friends Of The Helsinki Movement Foundation (EIN: 208607942) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $408K. 2 red flags identified. 2 strengths noted. Financial health grade: C.
How does Friends Of The Helsinki Movement Foundation spend its money?
Friends Of The Helsinki Movement Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friends Of The Helsinki Movement Foundation tax-deductible?
Friends Of The Helsinki Movement Foundation is registered as a tax-exempt nonprofit (EIN: 208607942). 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 Helsinki Movement Foundation CEO make?
Friends Of The Helsinki Movement Foundation's highest-compensated officer earns $300,000. annually. The organization reported $408K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Friends Of The Helsinki Movement Foundation's spending goes to programs?
Friends Of The Helsinki Movement Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of The Helsinki Movement Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Friends Of The Helsinki Movement Foundation is above average for NTEE category Q70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of The Helsinki Movement Foundation located?
Friends Of The Helsinki Movement Foundation is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 208607942. It is classified under NTEE code Q70.
How many years of IRS 990 filings does Friends Of The Helsinki Movement Foundation have?
Friends Of The Helsinki Movement Foundation has 12 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 $408K in total revenue.
Is Friends Of The Helsinki Movement Foundation financially sustainable?
The organization frequently reports expenses exceeding revenue, such as in 2023 ($363,761 expenses vs. $362,923 revenue) and 2022 ($328,440 expenses vs. $310,005 revenue). This pattern of deficit spending raises concerns about long-term financial sustainability without a clear strategy to build reserves.
What is the trend in the organization's assets?
Assets have fluctuated significantly, from a high of $110,000 in 2019 to a low of $14,306 in 2018, and currently stand at $67,472. This volatility suggests a lack of consistent asset growth or significant reserves.
How does the organization's revenue compare to its expenses?
In many periods, expenses have exceeded revenue, for example, in 2023, 2022, 2021, 2020, 2018, 2015, and 2014. This indicates a consistent challenge in matching income with expenditures.
Filing History
IRS 990 filing history for Friends Of The Helsinki Movement Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Friends Of The Helsinki Movement Foundation's revenue has grown by 1814515%, moving from $20 to $363K. Total assets increased by 4812.4% over the same period, from $540 to $27K. In its most recent filing year (2023), Friends Of The Helsinki Movement Foundation reported a deficit of $838, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $363K | $364K | $27K | $-33 | — | View 990 |
| 2022 | $310K | $328K | $27K | $0 | — | View 990 |
| 2021 | $328K | $331K | $46K | $0 | — | — |
| 2020 | $372K | $432K | $49K | $0 | — | View 990 |
| 2019 | $415K | $319K | $110K | $70 | — | View 990 |
| 2018 | $515K | $555K | $14K | $60 | — | View 990 |
| 2017 | $643K | $621K | $54K | $112 | — | View 990 |
| 2016 | $494K | $476K | $37K | $251 | — | View 990 |
| 2015 | $474K | $521K | $19K | $0 | — | View 990 |
| 2014 | $465K | $486K | $65K | $639 | — | View 990 |
| 2013 | $193K | $109K | $85K | $0 | — | View 990 |
| 2011 | $20 | $0 | $540 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $363K, expenses of $364K, and assets of $27K (revenue +17.1% year-over-year).
- 2022: Revenue of $310K, expenses of $328K, and assets of $27K (revenue -5.5% year-over-year).
- 2021: Revenue of $328K, expenses of $331K, and assets of $46K (revenue -11.8% year-over-year).
- 2020: Revenue of $372K, expenses of $432K, and assets of $49K (revenue -10.3% year-over-year).
- 2019: Revenue of $415K, expenses of $319K, and assets of $110K (revenue -19.6% year-over-year).
- 2018: Revenue of $515K, expenses of $555K, and assets of $14K (revenue -19.8% year-over-year).
- 2017: Revenue of $643K, expenses of $621K, and assets of $54K (revenue +30.1% year-over-year).
- 2016: Revenue of $494K, expenses of $476K, and assets of $37K (revenue +4.3% year-over-year).
- 2015: Revenue of $474K, expenses of $521K, and assets of $19K (revenue +1.8% year-over-year).
- 2014: Revenue of $465K, expenses of $486K, and assets of $65K (revenue +140.9% year-over-year).
- 2013: Revenue of $193K, expenses of $109K, and assets of $85K (revenue +965830.0% year-over-year).
- 2011: Revenue of $20, expenses of $0, and assets of $540.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Helsinki Movement Foundation:
Data Sources and Methodology
This transparency report for Friends Of The Helsinki Movement Foundation 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.