Friendship Charities Foundation Inc
EIN: 550910153 · Capitol Hgts, MD · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $175K |
| Net Assets | $1 |
Is Friendship Charities Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friendship Charities Foundation Inc
Friendship Charities Foundation Inc (EIN: 550910153) is a nonprofit organization based in Capitol Hgts, MD, classified under NTEE code P30. The organization reported total revenue of $175K and total assets of $427K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friendship Charities Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friendship Charities Foundation Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -100.0% | -100.0% |
| 2022 | +38.0% | +27.6% | -2.4% |
| 2021 | -14.4% | -3.5% | +3.8% |
| 2020 | +8.9% | -29.2% | +15.4% |
| 2019 | -36.4% | -2.0% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friendship Charities Foundation Inc 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 Friendship Charities Foundation Inc 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:
Frequently Asked Questions about Friendship Charities Foundation Inc
Is Friendship Charities Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friendship Charities Foundation Inc (EIN: 550910153) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friendship Charities Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Friendship Charities Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Friendship Charities Foundation Inc tax-deductible?
Friendship Charities Foundation Inc is registered as a tax-exempt nonprofit (EIN: 550910153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friendship Charities Foundation Inc located?
Friendship Charities Foundation Inc is headquartered in Capitol Hgts, Maryland and files with the IRS under EIN 550910153. It is classified under NTEE code P30.
How many years of IRS 990 filings does Friendship Charities Foundation Inc have?
Friendship Charities Foundation Inc 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 $175K in total revenue.
Filing History
IRS 990 filing history for Friendship Charities Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friendship Charities Foundation Inc's revenue has declined by 100%, moving from $46K to $0. Total assets decreased by 100% over the same period, from $216K to $1. Total functional expenses fell by 100%, from $9K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $1 | $0 | — | — |
| 2022 | $109K | $82K | $417K | $0 | — | View 990 |
| 2021 | $79K | $65K | $427K | $0 | — | View 990 |
| 2020 | $92K | $67K | $411K | $30K | — | — |
| 2019 | $84K | $95K | $356K | $0 | — | View 990 |
| 2018 | $133K | $96K | $363K | $0 | — | View 990 |
| 2017 | $182K | $101K | $330K | $0 | — | View 990 |
| 2016 | $111K | $123K | $249K | $0 | — | View 990 |
| 2015 | $134K | $95K | $261K | $0 | — | View 990 |
| 2014 | $50K | $17K | $219K | $57K | — | View 990 |
| 2013 | $65K | $18K | $187K | $0 | — | View 990 |
| 2012 | $44K | $27K | $140K | $0 | — | View 990 |
| 2011 | $46K | $9K | $216K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2022: Revenue of $109K, expenses of $82K, and assets of $417K (revenue +38.0% year-over-year).
- 2021: Revenue of $79K, expenses of $65K, and assets of $427K (revenue -14.4% year-over-year).
- 2020: Revenue of $92K, expenses of $67K, and assets of $411K (revenue +8.9% year-over-year).
- 2019: Revenue of $84K, expenses of $95K, and assets of $356K (revenue -36.4% year-over-year).
- 2018: Revenue of $133K, expenses of $96K, and assets of $363K (revenue -27.1% year-over-year).
- 2017: Revenue of $182K, expenses of $101K, and assets of $330K (revenue +63.7% year-over-year).
- 2016: Revenue of $111K, expenses of $123K, and assets of $249K (revenue -16.6% year-over-year).
- 2015: Revenue of $134K, expenses of $95K, and assets of $261K (revenue +169.0% year-over-year).
- 2014: Revenue of $50K, expenses of $17K, and assets of $219K (revenue -23.6% year-over-year).
- 2013: Revenue of $65K, expenses of $18K, and assets of $187K (revenue +48.6% year-over-year).
- 2012: Revenue of $44K, expenses of $27K, and assets of $140K (revenue -4.9% year-over-year).
- 2011: Revenue of $46K, expenses of $9K, and assets of $216K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friendship Charities Foundation Inc:
Data Sources and Methodology
This transparency report for Friendship Charities Foundation Inc 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.