Friendship House Endowment
EIN: 810529506 · Billings, MT · NTEE: T11
| Metric | Value |
|---|---|
| Total Revenue | $33K |
| Net Assets | $288K |
Is Friendship House Endowment Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friendship House Endowment
Friendship House Endowment (EIN: 810529506) is a nonprofit organization based in Billings, MT, classified under NTEE code T11. The organization reported total revenue of $33K and total assets of $489K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friendship House Endowment's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friendship House Endowment is a micro nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $0 |
| Surplus / Deficit | +$16K |
| Total Assets | $440K |
| Total Liabilities | $152K |
| Net Assets | $288K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 34.5% |
Financial Health Grade: A
In 2023, Friendship House Endowment reported a surplus of $16K with revenue exceeding expenses, has a debt-to-asset ratio of 34.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friendship House Endowment's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.2% | — | +8.9% |
| 2022 | +58.0% | — | -10.5% |
| 2021 | -26.1% | — | +71.0% |
| 2020 | +28.7% | — | +5.3% |
| 2019 | -11.8% | -100.0% | +7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friendship House Endowment 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 House Endowment 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:
- Debt-to-asset ratio: 34.5%.
Frequently Asked Questions about Friendship House Endowment
Is Friendship House Endowment a legitimate charity?
Friendship House Endowment (EIN: 810529506) is a registered tax-exempt nonprofit based in Montana. It has 13 years of IRS 990 filings on record. Total revenue: $33K. No red flags identified. Financial health grade: A.
How does Friendship House Endowment spend its money?
Friendship House Endowment reported $33K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friendship House Endowment tax-deductible?
Friendship House Endowment is registered as a tax-exempt nonprofit (EIN: 810529506). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friendship House Endowment located?
Friendship House Endowment is headquartered in Billings, Montana and files with the IRS under EIN 810529506. It is classified under NTEE code T11.
How many years of IRS 990 filings does Friendship House Endowment have?
Friendship House Endowment 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 $33K in total revenue.
Filing History
IRS 990 filing history for Friendship House Endowment showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friendship House Endowment's revenue has grown by 16.6%, moving from $14K to $16K. Total assets increased by 358.1% over the same period, from $96K to $440K. Total functional expenses fell by 100%, from $102K to $0. The organization holds $152K in liabilities against $440K in assets (debt-to-asset ratio: 34.5%), resulting in net assets of $288K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $0 | $440K | $152K | — | — |
| 2022 | $32K | $0 | $404K | $152K | — | — |
| 2021 | $20K | $0 | $451K | $152K | — | — |
| 2020 | $27K | $0 | $264K | $0 | — | — |
| 2019 | $21K | $0 | $251K | $0 | — | View 990 |
| 2018 | $24K | $3K | $233K | $50K | — | View 990 |
| 2017 | $15K | $2K | $152K | $0 | — | — |
| 2016 | $103K | $521 | $133K | $0 | — | View 990 |
| 2015 | $2K | $395 | $26K | $0 | — | View 990 |
| 2014 | $5K | $395 | $16K | $0 | — | View 990 |
| 2013 | $21K | $106K | $12K | $0 | — | View 990 |
| 2012 | $3K | $2K | $97K | $0 | — | View 990 |
| 2011 | $14K | $102K | $96K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $0, and assets of $440K (revenue -48.2% year-over-year).
- 2022: Revenue of $32K, expenses of $0, and assets of $404K (revenue +58.0% year-over-year).
- 2021: Revenue of $20K, expenses of $0, and assets of $451K (revenue -26.1% year-over-year).
- 2020: Revenue of $27K, expenses of $0, and assets of $264K (revenue +28.7% year-over-year).
- 2019: Revenue of $21K, expenses of $0, and assets of $251K (revenue -11.8% year-over-year).
- 2018: Revenue of $24K, expenses of $3K, and assets of $233K (revenue +63.4% year-over-year).
- 2017: Revenue of $15K, expenses of $2K, and assets of $152K (revenue -85.9% year-over-year).
- 2016: Revenue of $103K, expenses of $521, and assets of $133K (revenue +6183.5% year-over-year).
- 2015: Revenue of $2K, expenses of $395, and assets of $26K (revenue -63.8% year-over-year).
- 2014: Revenue of $5K, expenses of $395, and assets of $16K (revenue -78.0% year-over-year).
- 2013: Revenue of $21K, expenses of $106K, and assets of $12K (revenue +725.3% year-over-year).
- 2012: Revenue of $3K, expenses of $2K, and assets of $97K (revenue -82.2% year-over-year).
- 2011: Revenue of $14K, expenses of $102K, and assets of $96K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friendship House Endowment:
Data Sources and Methodology
This transparency report for Friendship House Endowment 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.