Friendship Circle Of Baltimore Inc
EIN: 272916722 · Baltimore, MD · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $97K |
| Net Assets | $4K |
Is Friendship Circle Of Baltimore 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 Circle Of Baltimore Inc
Friendship Circle Of Baltimore Inc (EIN: 272916722) is a nonprofit organization based in Baltimore, MD, classified under NTEE code P30. The organization reported total revenue of $112K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friendship Circle Of Baltimore Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friendship Circle Of Baltimore Inc is a small nonprofit that has been operating for 12 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $97K |
| Surplus / Deficit | $-13,314 |
| Total Assets | $7K |
| Total Liabilities | $3K |
| Net Assets | $4K |
| Operating Margin | -15.9% |
| Debt-to-Asset Ratio | 39.7% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2023, Friendship Circle Of Baltimore Inc reported a deficit of $13K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 39.7% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friendship Circle Of Baltimore 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 Circle Of Baltimore 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:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 39.7%.
Frequently Asked Questions about Friendship Circle Of Baltimore Inc
Is Friendship Circle Of Baltimore Inc a legitimate charity?
Friendship Circle Of Baltimore Inc (EIN: 272916722) is a registered tax-exempt nonprofit based in Maryland. Total revenue: $112K. No red flags identified. Financial health grade: C.
How does Friendship Circle Of Baltimore Inc spend its money?
Friendship Circle Of Baltimore Inc reported $112K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friendship Circle Of Baltimore Inc tax-deductible?
Friendship Circle Of Baltimore Inc is registered as a tax-exempt nonprofit (EIN: 272916722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friendship Circle Of Baltimore Inc located?
Friendship Circle Of Baltimore Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 272916722. It is classified under NTEE code P30.
Filing History
IRS 990 filing history for Friendship Circle Of Baltimore Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Friendship Circle Of Baltimore Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $3K in liabilities against $7K in assets (debt-to-asset ratio: 39.7%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $97K | $7K | $3K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friendship Circle Of Baltimore Inc:
Data Sources and Methodology
This transparency report for Friendship Circle Of Baltimore 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.