Friendship House
Friendship House: Consistent Operations, Modest Growth, and Strong Financial Health
EIN: 222677364 · S Portland, ME · NTEE: L41Z · Updated: 2026-04-04
Is Friendship House Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friendship House directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friendship House
Friendship House (EIN: 222677364) is a nonprofit organization based in S Portland, ME, classified under NTEE code L41Z. The organization reported total revenue of $175K and total assets of $523K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friendship House's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friendship House with a Mission Score of 75 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Friendship House allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported on available Form 990s, indicating that no individual received more than $100,000 in reportable compensation from the organization.
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.
Strengths
The following positive indicators were identified for Friendship House:
- Consistent revenue generation over the past several years, demonstrating stable support.
- Healthy asset base ($523,201 in 2022) significantly exceeding liabilities ($1,586 in 2022), indicating strong financial solvency.
- Low liabilities relative to assets, suggesting minimal debt burden and good financial management.
- Positive net assets growth over the past five years, from $372,480 in 2019 to $455,247 in 2022 (excluding 2021 dip).
Frequently Asked Questions about Friendship House
Is Friendship House a legitimate charity?
Based on AI analysis of IRS 990 filings, Friendship House (EIN: 222677364) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does Friendship House spend its money?
Friendship House directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friendship House tax-deductible?
Friendship House is registered as a tax-exempt nonprofit (EIN: 222677364). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Friendship House do?
Friendship House is a nonprofit organization in the Housing & Shelter sector, located in S Portland, Maine. It is classified under NTEE code L41Z.
How much revenue does Friendship House have?
Friendship House reported total revenue of $175,247. Based on 12 IRS 990 filings on record.
What are Friendship House's total assets?
Friendship House holds total assets of $523,201 as reported in IRS 990 filings.
Where is Friendship House located?
Friendship House is based in S Portland, Maine.
What is Friendship House's EIN?
Friendship House's Employer Identification Number (EIN) is 222677364. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Friendship House?
Friendship House is classified under NTEE code L41Z (Housing & Shelter).
Is Friendship House a registered 501(c)(3)?
Yes, Friendship House is recognized as a tax-exempt organization by the IRS. EIN: 222677364.
Does Friendship House file IRS Form 990?
Yes, Friendship House has 12 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was Friendship House's revenue in 2022?
In the 202212 filing period, Friendship House reported total revenue of $184,396, total expenses of $147,570, and net assets of $455,247.
Is Friendship House's revenue growing or declining?
Friendship House's revenue is growing. Revenue went from $173,976 (202112) to $184,396 (202212), a +6.0% change. Based on 12 filings on record.
What is Friendship House's most recent 990 filing?
The most recent IRS Form 990 filing for Friendship House covers tax period 202212. It shows revenue of $184,396, expenses of $147,570, total assets of $455,247, and liabilities of $1,586.
How much does Friendship House spend on programs vs administration?
Based on IRS 990 analysis, Friendship House allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Friendship House a trustworthy charity?
Based on AI analysis of IRS 990 data, Friendship House appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Friendship House's strengths?
Positive indicators for Friendship House include: Consistent revenue generation over the past several years, demonstrating stable support.. Healthy asset base ($523,201 in 2022) significantly exceeding liabilities ($1,586 in 2022), indicating strong financial solvency.. Low liabilities relative to assets, suggesting minimal debt burden and good financial management.. Positive net assets growth over the past five years, from $372,480 in 2019 to $455,247 in 2022 (excluding 2021 dip).. These findings are derived from AI analysis of the organization's financial filings.
How does Friendship House compensate executives?
Executive compensation is not reported on available Form 990s, indicating that no individual received more than $100,000 in reportable compensation from the organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Friendship House?
- Form 990s are readily available on public databases. - Financial statements provide clear breakdowns of revenue and expenses. - No specific transparency report or detailed program impact report found beyond standard filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What caused the significant increase in expenses in 2021 ($195,577) compared to other years, and how was it funded given the relatively stable revenue?
In 2021, expenses increased to $195,577 while revenue was $173,976. This deficit of $21,601 was likely covered by drawing from the organization's accumulated net assets, which decreased from $418,587 in 2021 to $455,247 in 2022, indicating a temporary use of reserves.
Given the consistent revenue and asset growth, what specific strategies does Friendship House employ to maintain its financial stability and low liability profile?
While specific strategies are not detailed in the provided financial data, the consistent revenue and low liabilities suggest effective expense management, potentially a reliance on stable donor bases, and prudent financial planning that avoids significant debt accumulation. The high asset-to-liability ratio (over 330:1 in 2022) is a strong indicator of this.
Filing History
IRS 990 filing history for Friendship House showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Friendship House's revenue has grown by 141.3%, moving from $76K to $184K. Total assets increased by 44.3% over the same period, from $316K to $455K. Total functional expenses rose by 21.1%, from $122K to $148K. In its most recent filing year (2022), Friendship House reported a surplus of $37K, with revenue exceeding expenses. The organization holds $2K in liabilities against $455K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $454K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $184K | $148K | $455K | $2K | — | View 990 |
| 2021 | $174K | $196K | $419K | $2K | — | View 990 |
| 2020 | $148K | $133K | $388K | $1K | — | View 990 |
| 2019 | $161K | $150K | $372K | $1K | — | View 990 |
| 2018 | $133K | $137K | $361K | $1K | — | View 990 |
| 2017 | $127K | $132K | $366K | $1K | — | — |
| 2016 | $121K | $136K | $371K | $1K | — | View 990 |
| 2015 | $119K | $133K | $386K | $1K | — | View 990 |
| 2014 | $219K | $129K | $400K | $1K | — | View 990 |
| 2013 | $126K | $120K | $310K | $1K | — | View 990 |
| 2012 | $113K | $124K | $305K | $1K | — | View 990 |
| 2011 | $76K | $122K | $316K | $733 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $184K, expenses of $148K, and assets of $455K (revenue +6.0% year-over-year).
- 2021: Revenue of $174K, expenses of $196K, and assets of $419K (revenue +17.4% year-over-year).
- 2020: Revenue of $148K, expenses of $133K, and assets of $388K (revenue -8.1% year-over-year).
- 2019: Revenue of $161K, expenses of $150K, and assets of $372K (revenue +21.7% year-over-year).
- 2018: Revenue of $133K, expenses of $137K, and assets of $361K (revenue +4.2% year-over-year).
- 2017: Revenue of $127K, expenses of $132K, and assets of $366K (revenue +5.1% year-over-year).
- 2016: Revenue of $121K, expenses of $136K, and assets of $371K (revenue +1.7% year-over-year).
- 2015: Revenue of $119K, expenses of $133K, and assets of $386K (revenue -45.7% year-over-year).
- 2014: Revenue of $219K, expenses of $129K, and assets of $400K (revenue +74.3% year-over-year).
- 2013: Revenue of $126K, expenses of $120K, and assets of $310K (revenue +11.7% year-over-year).
- 2012: Revenue of $113K, expenses of $124K, and assets of $305K (revenue +47.4% year-over-year).
- 2011: Revenue of $76K, expenses of $122K, and assets of $316K.
Data Sources and Methodology
This transparency report for Friendship House 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.