Friendship Ii Co
Friendship Ii Co maintains strong assets and no officer compensation despite periods of operational deficits.
EIN: 205369920 · Boise, ID · NTEE: L210 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $277K |
| Total Expenses | $265K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Friendship Ii Co Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friendship Ii Co directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friendship Ii Co
Friendship Ii Co (EIN: 205369920) is a nonprofit organization based in Boise, ID, classified under NTEE code L210. The organization reported total revenue of $277K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friendship Ii Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friendship Ii Co is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $279K |
| Total Expenses | $265K |
| Surplus / Deficit | +$15K |
| Total Assets | $1.5M |
| Total Liabilities | $26K |
| Net Assets | $1.5M |
| Operating Margin | 5.2% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 67.5 months |
Financial Health Grade: A
In 2023, Friendship Ii Co reported a surplus of $15K with revenue exceeding expenses, holds 67.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friendship Ii Co's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.7% | +24.4% | -1.7% |
| 2022 | +24.4% | -19.0% | -0.2% |
| 2021 | +11.9% | +24.3% | -6.1% |
| 2020 | -3.0% | +3.8% | +0.4% |
| 2019 | -0.4% | +8.2% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Ii Co with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Friendship Ii Co allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly commendable for an organization of its size with assets over $1.5 million.
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 Ii Co's IRS 990 filings:
- Consistent decline in total assets over the past decade, from $1,798,080 in 2014 to $1,488,465 in 2023.
- Multiple years with expenses exceeding revenue, indicating operational deficits (e.g., 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2014).
Strengths
The following positive indicators were identified for Friendship Ii Co:
- Zero officer compensation reported across all filings, indicating strong financial integrity and mission focus.
- Substantial asset base ($1,488,465 in 2023) provides financial stability and a buffer against operational fluctuations.
- Recent positive trend in revenue growth, with 2023 showing revenue exceeding expenses.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
Frequently Asked Questions about Friendship Ii Co
Is Friendship Ii Co a legitimate charity?
Friendship Ii Co (EIN: 205369920) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $277K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Friendship Ii Co spend its money?
Friendship Ii Co directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friendship Ii Co tax-deductible?
Friendship Ii Co is registered as a tax-exempt nonprofit (EIN: 205369920). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Friendship Ii Co CEO make?
Friendship Ii Co's highest-compensated officer earns $1.5 annually. The organization reported $277K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Friendship Ii Co's spending goes to programs?
Friendship Ii Co directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friendship Ii Co compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Friendship Ii Co is above average for NTEE category L210 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friendship Ii Co located?
Friendship Ii Co is headquartered in Boise, Idaho and files with the IRS under EIN 205369920. It is classified under NTEE code L210.
How many years of IRS 990 filings does Friendship Ii Co have?
Friendship Ii Co 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 $277K in total revenue.
How does Friendship Ii Co manage its operational deficits in certain years?
The organization appears to cover operational deficits, such as the $84,106 deficit in 2021 ($262,756 expenses - $178,650 revenue), by drawing from its substantial asset base, which was $1,516,607 in 2021. This suggests a reliance on reserves during periods where expenses outpace revenue.
What is the long-term trend of Friendship Ii Co's assets?
Friendship Ii Co's assets have shown a gradual decline from a high of $1,798,080 in 2014 to $1,488,465 in 2023. While still substantial, this trend suggests that operational deficits in some years may be contributing to a slow erosion of its capital over the decade.
Is the recent increase in revenue sustainable for Friendship Ii Co?
The revenue has shown a positive trend, increasing from $143,239 in 2014 to $279,205 in 2023. The most recent period (2023) shows revenue exceeding expenses ($279,205 vs. $264,688), which is a positive indicator for sustainability if this trend continues.
Filing History
IRS 990 filing history for Friendship Ii Co showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friendship Ii Co's revenue has grown by 97%, moving from $142K to $279K. Total assets decreased by 22.4% over the same period, from $1.9M to $1.5M. Total functional expenses rose by 33.8%, from $198K to $265K. In its most recent filing year (2023), Friendship Ii Co reported a surplus of $15K, with revenue exceeding expenses. The organization holds $26K in liabilities against $1.5M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $279K | $265K | $1.5M | $26K | — | View 990 |
| 2022 | $222K | $213K | $1.5M | $66K | — | — |
| 2021 | $179K | $263K | $1.5M | $78K | — | View 990 |
| 2020 | $160K | $211K | $1.6M | $92K | — | View 990 |
| 2019 | $165K | $204K | $1.6M | $34K | — | View 990 |
| 2018 | $165K | $188K | $1.6M | $28K | — | View 990 |
| 2017 | $162K | $202K | $1.7M | $32K | — | View 990 |
| 2016 | $159K | $183K | $1.7M | $28K | — | View 990 |
| 2015 | $145K | $191K | $1.8M | $50K | — | View 990 |
| 2014 | $143K | $184K | $1.8M | $51K | — | View 990 |
| 2013 | $146K | $189K | $1.8M | $48K | — | View 990 |
| 2012 | $141K | $183K | $1.9M | $41K | — | View 990 |
| 2011 | $142K | $198K | $1.9M | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $279K, expenses of $265K, and assets of $1.5M (revenue +25.7% year-over-year).
- 2022: Revenue of $222K, expenses of $213K, and assets of $1.5M (revenue +24.4% year-over-year).
- 2021: Revenue of $179K, expenses of $263K, and assets of $1.5M (revenue +11.9% year-over-year).
- 2020: Revenue of $160K, expenses of $211K, and assets of $1.6M (revenue -3.0% year-over-year).
- 2019: Revenue of $165K, expenses of $204K, and assets of $1.6M (revenue -0.4% year-over-year).
- 2018: Revenue of $165K, expenses of $188K, and assets of $1.6M (revenue +1.7% year-over-year).
- 2017: Revenue of $162K, expenses of $202K, and assets of $1.7M (revenue +2.3% year-over-year).
- 2016: Revenue of $159K, expenses of $183K, and assets of $1.7M (revenue +9.4% year-over-year).
- 2015: Revenue of $145K, expenses of $191K, and assets of $1.8M (revenue +1.3% year-over-year).
- 2014: Revenue of $143K, expenses of $184K, and assets of $1.8M (revenue -1.7% year-over-year).
- 2013: Revenue of $146K, expenses of $189K, and assets of $1.8M (revenue +3.6% year-over-year).
- 2012: Revenue of $141K, expenses of $183K, and assets of $1.9M (revenue -0.7% year-over-year).
- 2011: Revenue of $142K, expenses of $198K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friendship Ii Co:
Data Sources and Methodology
This transparency report for Friendship Ii Co 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.