Friendship Living Bryant Inc
Friendship Living Bryant Inc consistently operates at a deficit with liabilities exceeding assets.
EIN: 205006195 · Russellville, AR · NTEE: L22 · Updated: 2026-03-28
Is Friendship Living Bryant Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friendship Living Bryant Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Friendship Living Bryant Inc
Friendship Living Bryant Inc (EIN: 205006195) is a nonprofit organization based in Russellville, AR, classified under NTEE code L22. The organization reported total revenue of $89K and total assets of $757K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friendship Living Bryant Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friendship Living Bryant Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $109K |
| Surplus / Deficit | $-23,757 |
| Total Assets | $808K |
| Total Liabilities | $1.1M |
| Net Assets | $-341,077 |
| Operating Margin | -27.7% |
| Debt-to-Asset Ratio | 142.2% |
| Months of Reserves | 88.6 months |
Financial Health Grade: C
In 2023, Friendship Living Bryant Inc reported a deficit of $24K with expenses exceeding revenue, holds 88.6 months of operating reserves (strong position), has a debt-to-asset ratio of 142.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friendship Living Bryant Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.3% | +8.8% | -2.3% |
| 2022 | -9.1% | +5.9% | -3.4% |
| 2021 | +19.7% | +12.2% | -1.5% |
| 2020 | +27.6% | -6.3% | -3.1% |
| 2019 | +7.3% | +5.0% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Living Bryant Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Friendship Living Bryant Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 142.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or their compensation is not categorized as such, which is a positive for resource allocation given the organization's small size and financial struggles.
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 Living Bryant Inc's IRS 990 filings:
- Consistent operational deficits for over a decade (e.g., $23,757 loss in 202306).
- Liabilities consistently exceed assets, indicating a negative net asset position (e.g., $1,149,402 liabilities vs. $808,325 assets in 202306).
- Declining asset base over time (from $997,833 in 201406 to $808,325 in 202306).
Strengths
The following positive indicators were identified for Friendship Living Bryant Inc:
- Reported 0% officer compensation, indicating efficient use of funds at the executive level.
- Clear NTEE code (L22 - Housing for the Elderly) suggests a focused mission.
Frequently Asked Questions about Friendship Living Bryant Inc
Is Friendship Living Bryant Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friendship Living Bryant Inc (EIN: 205006195) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
How does Friendship Living Bryant Inc spend its money?
Friendship Living Bryant Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friendship Living Bryant Inc tax-deductible?
Friendship Living Bryant Inc is registered as a tax-exempt nonprofit (EIN: 205006195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Friendship Living Bryant Inc financially sustainable?
Based on the provided data, Friendship Living Bryant Inc is not financially sustainable, as it has consistently operated at a deficit for over a decade, with expenses exceeding revenue in every reported period. For example, in 202306, expenses were $109,481 while revenue was $85,724.
What is the trend in the organization's assets and liabilities?
The organization's assets have been steadily declining, from $997,833 in 201406 to $808,325 in 202306. Concurrently, liabilities have remained high and relatively stable, consistently exceeding assets, indicating a negative net asset position.
How does the organization cover its consistent operational deficits?
The filings consistently show expenses exceeding revenue. Without further detail, it's unclear how these deficits are covered, but it likely involves drawing down assets, incurring more debt, or receiving unreported external support.
Filing History
IRS 990 filing history for Friendship Living Bryant Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friendship Living Bryant Inc's revenue has grown by 108.4%, moving from $41K to $86K. Total assets decreased by 25% over the same period, from $1.1M to $808K. Total functional expenses rose by 70.2%, from $64K to $109K. In its most recent filing year (2023), Friendship Living Bryant Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $808K in assets (debt-to-asset ratio: 142.2%), resulting in net assets of $-341,077.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $86K | $109K | $808K | $1.1M | — | View 990 |
| 2022 | $82K | $101K | $827K | $1.1M | — | View 990 |
| 2021 | $90K | $95K | $856K | $1.2M | — | — |
| 2020 | $76K | $85K | $869K | $1.2M | — | View 990 |
| 2019 | $59K | $90K | $897K | $1.2M | — | View 990 |
| 2018 | $55K | $86K | $912K | $1.2M | — | View 990 |
| 2017 | $49K | $70K | $931K | $1.2M | — | View 990 |
| 2016 | $48K | $72K | $954K | $1.2M | — | View 990 |
| 2015 | $41K | $67K | $976K | $1.2M | — | View 990 |
| 2014 | $42K | $65K | $998K | $1.1M | — | View 990 |
| 2013 | $37K | $64K | $1.0M | $1.2M | — | View 990 |
| 2012 | $40K | $66K | $1.0M | $1.1M | — | View 990 |
| 2011 | $41K | $64K | $1.1M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $86K, expenses of $109K, and assets of $808K (revenue +4.3% year-over-year).
- 2022: Revenue of $82K, expenses of $101K, and assets of $827K (revenue -9.1% year-over-year).
- 2021: Revenue of $90K, expenses of $95K, and assets of $856K (revenue +19.7% year-over-year).
- 2020: Revenue of $76K, expenses of $85K, and assets of $869K (revenue +27.6% year-over-year).
- 2019: Revenue of $59K, expenses of $90K, and assets of $897K (revenue +7.3% year-over-year).
- 2018: Revenue of $55K, expenses of $86K, and assets of $912K (revenue +12.1% year-over-year).
- 2017: Revenue of $49K, expenses of $70K, and assets of $931K (revenue +3.2% year-over-year).
- 2016: Revenue of $48K, expenses of $72K, and assets of $954K (revenue +16.6% year-over-year).
- 2015: Revenue of $41K, expenses of $67K, and assets of $976K (revenue -2.9% year-over-year).
- 2014: Revenue of $42K, expenses of $65K, and assets of $998K (revenue +12.9% year-over-year).
- 2013: Revenue of $37K, expenses of $64K, and assets of $1.0M (revenue -7.3% year-over-year).
- 2012: Revenue of $40K, expenses of $66K, and assets of $1.0M (revenue -2.3% year-over-year).
- 2011: Revenue of $41K, expenses of $64K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friendship Living Bryant Inc:
Data Sources and Methodology
This transparency report for Friendship Living Bryant 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.