Friends Of Voices From The Heart

Friends Of Voices From The Heart reported $65,212 in revenue against $412,825 in expenses in its last active filing, with current assets and revenue at $0.

EIN: 10516157 · Portsmouth, NH · NTEE: K31 · Updated: 2026-03-28

$0Revenue
$0Assets
30/100Mission Score (Poor)
K31
Friends Of Voices From The Heart Financial Summary
MetricValue
Total Expenses$413K
Program Spending70%
Net Assets$41K
Transparency Score30/100

Is Friends Of Voices From The Heart Legit?

Significant Concerns

LimitedFiling Consistency
GoodSpending Efficiency
ModerateTransparency
4 FoundRed Flags

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

Friends Of Voices From The Heart directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Friends Of Voices From The Heart

Friends Of Voices From The Heart (EIN: 10516157) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code K31. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Voices From The Heart's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
MicroSize Classification
1Years of Filings
StableRevenue Trajectory

Friends Of Voices From The Heart is a micro nonprofit that has been operating for 20 years.

Key Financial Metrics (2018)

From the most recent IRS 990 filing on record:

Total Revenue$65K
Total Expenses$413K
Surplus / Deficit$-347,613
Total Assets$41K
Net Assets$41K
Operating Margin-533.1%
Months of Reserves1.2 months

Financial Health Grade: C

In 2018, Friends Of Voices From The Heart reported a deficit of $348K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited).

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

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

AI Transparency Report

Friends Of Voices From The Heart appears to be in a precarious financial position based on its latest available IRS 990 filing from 2018. In that period, the organization reported $65,212 in revenue against significantly higher expenses of $412,825, indicating a substantial operating deficit. This level of spending far exceeding income is unsustainable and raises concerns about long-term viability. The organization's assets were $40,920 with no reported liabilities, suggesting a lack of significant reserves to cover ongoing operational shortfalls. The most recent data showing $0 revenue and $0 assets further exacerbates these concerns, potentially indicating inactivity or severe financial distress. Without more recent detailed financial data, it's challenging to fully assess spending efficiency or transparency beyond the 2018 filing. The absence of officer compensation in 2018 is a positive note regarding executive pay, but the overall financial health is a major concern. The significant gap between revenue and expenses in the last reported period suggests potential issues with fundraising effectiveness or program cost management. The current $0 revenue and assets reported are particularly alarming and suggest the organization may no longer be operational or is in a state of severe decline.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of Voices From The Heart with a Mission Score of 30 out of 100 (Poor). 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 Voices From The Heart allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2018)

From the most recent IRS 990 filing on record:

$65KTotal Revenue
$413KTotal Expenses
$41KTotal Assets
$41KNet Assets

Executive Compensation Analysis

Officer compensation was reported as 0% of expenses in the 2018 filing, which is commendable and suggests responsible executive pay practices relative to the organization's size and financial challenges.

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 Voices From The Heart's IRS 990 filings:

Strengths

The following positive indicators were identified for Friends Of Voices From The Heart:

Frequently Asked Questions about Friends Of Voices From The Heart

Is Friends Of Voices From The Heart a legitimate charity?

Based on AI analysis of IRS 990 filings, Friends Of Voices From The Heart (EIN: 10516157) significant concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.

How does Friends Of Voices From The Heart spend its money?

Friends Of Voices From The Heart directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Friends Of Voices From The Heart tax-deductible?

Friends Of Voices From The Heart is registered as a tax-exempt nonprofit (EIN: 10516157). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Friends Of Voices From The Heart's spending goes to programs?

Friends Of Voices From The Heart directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Friends Of Voices From The Heart compare to similar nonprofits?

With a transparency score of 30/100 (Poor), Friends Of Voices From The Heart is below average for NTEE category K31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Friends Of Voices From The Heart located?

Friends Of Voices From The Heart is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 10516157. It is classified under NTEE code K31.

What caused the significant deficit of over $347,000 in 2018?

The 2018 filing shows expenses of $412,825 against revenue of $65,212, resulting in a deficit of $347,613. The specific causes are not detailed in the summary data, but such a large gap suggests either a one-time major expense, a significant drop in funding, or unsustainable operational costs.

Why are the latest reported revenue and assets $0?

The latest available data indicates $0 revenue and $0 assets. This could mean the organization has ceased operations, is in the process of dissolution, or has not filed updated information reflecting any activity, which is a significant red flag for its current status.

Is Friends Of Voices From The Heart still an active organization?

Given the reported $0 revenue and $0 assets in the latest data, and the significant deficit in its last active filing (2018), it is highly questionable whether Friends Of Voices From The Heart is still an active and financially viable organization.

Filing History

IRS 990 filing history for Friends Of Voices From The Heart showing financial trends over 1 year of public records:

In its most recent filing year (2018), Friends Of Voices From The Heart reported a deficit of $348K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2018 $65K $413K $41K $0 View 990

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Friends Of Voices From The Heart:

2018 Filing

Data Sources and Methodology

This transparency report for Friends Of Voices From The Heart 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 Hampshire

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

View all New Hampshire nonprofits →

Similar Organizations (NTEE K31)

Other nonprofits classified under NTEE code K31.

View all K31 nonprofits →

Explore Related Nonprofits

Browse by State