Friendship Circle Of Pittsburgh Inc
Friendship Circle Of Pittsburgh Inc consistently grows assets with no reported officer compensation.
EIN: 208950616 · Pittsburgh, PA · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $1.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $9.3M |
| Transparency Score | 90/100 |
Is Friendship Circle Of Pittsburgh Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friendship Circle Of Pittsburgh Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friendship Circle Of Pittsburgh Inc
Friendship Circle Of Pittsburgh Inc (EIN: 208950616) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code P30. The organization reported total revenue of $2.6M and total assets of $10.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friendship Circle Of Pittsburgh Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friendship Circle Of Pittsburgh Inc is a mid-size nonprofit that has been operating for 14 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$502K |
| Total Assets | $9.5M |
| Total Liabilities | $181K |
| Net Assets | $9.3M |
| Operating Margin | 20.5% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 58.5 months |
Financial Health Grade: A
In 2023, Friendship Circle Of Pittsburgh Inc reported a surplus of $502K with revenue exceeding expenses, holds 58.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Friendship Circle Of Pittsburgh Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.3% | +19.7% | +6.0% |
| 2022 | +155.9% | +19.9% | +18.5% |
| 2021 | -9.5% | +5.0% | -0.3% |
| 2020 | +33.0% | +11.4% | +3.1% |
| 2019 | -31.3% | +10.3% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
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 Friendship Circle Of Pittsburgh Inc with a Mission Score of 90 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
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Friendship Circle Of Pittsburgh Inc 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 surplus of $502K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with assets approaching $10 million and annual revenues over $2 million, suggesting either a volunteer-led executive team or compensation being covered by a related entity, which would warrant further investigation for complete transparency.
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 Friendship Circle Of Pittsburgh Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which may obscure the true cost of executive leadership if compensated by a related entity.
Strengths
The following positive indicators were identified for Friendship Circle Of Pittsburgh Inc:
- Consistent revenue generation and growth, with latest revenue at $2,592,335.
- Strong asset accumulation, growing from $4,054,445 in 2014 to $9,973,074 currently.
- Healthy financial surpluses in most years, indicating sound financial management.
- Low liabilities relative to assets, demonstrating financial stability.
- No reported officer compensation, suggesting a strong commitment to directing funds to programs (though further clarity on executive support is warranted).
Frequently Asked Questions about Friendship Circle Of Pittsburgh Inc
Is Friendship Circle Of Pittsburgh Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friendship Circle Of Pittsburgh Inc (EIN: 208950616) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Friendship Circle Of Pittsburgh Inc spend its money?
Friendship Circle Of Pittsburgh Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friendship Circle Of Pittsburgh Inc tax-deductible?
Friendship Circle Of Pittsburgh Inc is registered as a tax-exempt nonprofit (EIN: 208950616). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Friendship Circle Of Pittsburgh Inc CEO make?
Friendship Circle Of Pittsburgh Inc's highest-compensated officer earns $10 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Friendship Circle Of Pittsburgh Inc's spending goes to programs?
Friendship Circle Of Pittsburgh Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friendship Circle Of Pittsburgh Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Friendship Circle Of Pittsburgh Inc is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friendship Circle Of Pittsburgh Inc located?
Friendship Circle Of Pittsburgh Inc is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 208950616. It is classified under NTEE code P30.
How many years of IRS 990 filings does Friendship Circle Of Pittsburgh Inc have?
Friendship Circle Of Pittsburgh Inc has 14 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 $2.6M in total revenue.
How does Friendship Circle Of Pittsburgh Inc manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, or that compensation is provided by a related organization not detailed in these specific filings. Further inquiry into their operational model would be necessary to understand this structure.
What is the primary driver of the significant asset growth?
The organization consistently reports revenues exceeding expenses, leading to annual surpluses that contribute to asset growth. For example, in 202206, revenue was $3,195,328 and expenses were $1,628,007, resulting in a substantial surplus that likely contributed to the increase in assets from $8,965,773 to $9,503,218 in the subsequent period.
Are there any concerns regarding the organization's liabilities?
Liabilities have generally remained low relative to assets. In the latest period (202306), liabilities were $180,771 against assets of $9,503,218, indicating a very strong financial position with minimal debt burden.
Filing History
IRS 990 filing history for Friendship Circle Of Pittsburgh Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Friendship Circle Of Pittsburgh Inc's revenue has grown by 726.5%, moving from $297K to $2.5M. Total assets increased by 4194.6% over the same period, from $221K to $9.5M. Total functional expenses rose by 801.8%, from $216K to $1.9M. In its most recent filing year (2023), Friendship Circle Of Pittsburgh Inc reported a surplus of $502K, with revenue exceeding expenses. The organization holds $181K in liabilities against $9.5M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $9.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $1.9M | $9.5M | $181K | — | View 990 |
| 2022 | $3.2M | $1.6M | $9.0M | $124K | — | View 990 |
| 2021 | $1.2M | $1.4M | $7.6M | $251K | — | View 990 |
| 2020 | $1.4M | $1.3M | $7.6M | $155K | — | View 990 |
| 2019 | $1.0M | $1.2M | $7.4M | $18K | — | View 990 |
| 2018 | $1.5M | $1.1M | $7.5M | $31K | — | View 990 |
| 2017 | $1.3M | $894K | $7.6M | $589K | — | View 990 |
| 2016 | $2.1M | $610K | $7.4M | $847K | — | View 990 |
| 2015 | $2.3M | $505K | $5.9M | $834K | — | View 990 |
| 2014 | $3.4M | $477K | $4.1M | $755K | — | View 990 |
| 2013 | $507K | $408K | $374K | $15K | — | View 990 |
| 2012 | $237K | $169K | $261K | $2K | — | View 990 |
| 2011 | $293K | $321K | $215K | $23K | — | View 990 |
| 2010 | $297K | $216K | $221K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $1.9M, and assets of $9.5M (revenue -23.3% year-over-year).
- 2022: Revenue of $3.2M, expenses of $1.6M, and assets of $9.0M (revenue +155.9% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.4M, and assets of $7.6M (revenue -9.5% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $7.6M (revenue +33.0% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.2M, and assets of $7.4M (revenue -31.3% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.1M, and assets of $7.5M (revenue +15.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $894K, and assets of $7.6M (revenue -37.6% year-over-year).
- 2016: Revenue of $2.1M, expenses of $610K, and assets of $7.4M (revenue -9.0% year-over-year).
- 2015: Revenue of $2.3M, expenses of $505K, and assets of $5.9M (revenue -32.5% year-over-year).
- 2014: Revenue of $3.4M, expenses of $477K, and assets of $4.1M (revenue +573.7% year-over-year).
- 2013: Revenue of $507K, expenses of $408K, and assets of $374K (revenue +113.9% year-over-year).
- 2012: Revenue of $237K, expenses of $169K, and assets of $261K (revenue -19.2% year-over-year).
- 2011: Revenue of $293K, expenses of $321K, and assets of $215K (revenue -1.0% year-over-year).
- 2010: Revenue of $297K, expenses of $216K, and assets of $221K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friendship Circle Of Pittsburgh Inc:
Data Sources and Methodology
This transparency report for Friendship Circle Of Pittsburgh 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.