Help A Friend Foundation
Help A Friend Foundation faces financial instability with declining revenue and persistent liabilities.
EIN: 200421055 · Bountiful, UT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $11K |
| Program Spending | 70% |
| Net Assets | $-27,792 |
| Transparency Score | 45/100 |
Is Help A Friend Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Help A Friend Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Help A Friend Foundation
Help A Friend Foundation (EIN: 200421055) is a nonprofit organization based in Bountiful, UT, classified under NTEE code T22. The organization reported total revenue of $34K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Help A Friend Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Help A Friend Foundation is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -21.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $11K |
| Surplus / Deficit | $-1,485 |
| Total Assets | $23K |
| Total Liabilities | $51K |
| Net Assets | $-27,792 |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 219.0% |
| Months of Reserves | 24.4 months |
Financial Health Grade: C
In 2023, Help A Friend Foundation reported a deficit of $1K with expenses exceeding revenue, holds 24.4 months of operating reserves (strong position), has a debt-to-asset ratio of 219.0% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Help A Friend Foundation's revenue has declined at a compound annual growth rate (CAGR) of -21.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -63.2% | -83.1% | -6.0% |
| 2022 | -67.1% | -2.3% | -62.1% |
| 2021 | +53.8% | +85.8% | +25.0% |
| 2020 | +123.7% | -31.8% | +45.1% |
| 2019 | -82.0% | -62.6% | -32.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Help A Friend Foundation with a Mission Score of 45 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, Help A Friend Foundation 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 $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 219.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive salaries are not a factor in its expenses, which is positive for donor perception.
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 Help A Friend Foundation's IRS 990 filings:
- Persistent high liabilities relative to assets ($51,140 liabilities vs. $23,348 assets in 2023).
- Significant and volatile decline in revenue over the past decade (from $191,608 in 2012 to $10,000 in 2023).
- Frequent deficit spending where expenses exceed revenue (e.g., 2023, 2022, 2019).
- Inconsistent financial performance with large fluctuations in revenue and expenses year-over-year.
Strengths
The following positive indicators were identified for Help A Friend Foundation:
- No reported officer compensation, indicating efficient use of funds for leadership.
- Consistent filing of IRS 990 forms, demonstrating a commitment to transparency in reporting.
Frequently Asked Questions about Help A Friend Foundation
Is Help A Friend Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Help A Friend Foundation (EIN: 200421055) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Help A Friend Foundation spend its money?
Help A Friend Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Help A Friend Foundation tax-deductible?
Help A Friend Foundation is registered as a tax-exempt nonprofit (EIN: 200421055). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Help A Friend Foundation's spending goes to programs?
Help A Friend Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Help A Friend Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Help A Friend Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Help A Friend Foundation located?
Help A Friend Foundation is headquartered in Bountiful, Utah and files with the IRS under EIN 200421055. It is classified under NTEE code T22.
How many years of IRS 990 filings does Help A Friend Foundation have?
Help A Friend Foundation has 10 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 $34K in total revenue.
Why have liabilities remained consistently high at $51,140 for several years?
The IRS 990 data shows liabilities of $51,140 from 2019 to 2023, which is a significant amount relative to the organization's assets (e.g., $23,348 in 2023). This consistent figure warrants further investigation into its nature and impact on financial stability.
What caused the significant decline in revenue from $191,608 in 2012 to $10,000 in 2023?
The organization has experienced a substantial and volatile decline in revenue over the past decade, with the latest reported revenue being $10,000. Understanding the reasons behind this trend is crucial for assessing future sustainability.
How does the organization manage to operate with expenses frequently exceeding revenue?
In multiple years (e.g., 2023, 2022, 2019), expenses have surpassed revenue, leading to deficits. This raises questions about how the organization covers these shortfalls and its long-term financial viability.
Filing History
IRS 990 filing history for Help A Friend Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Help A Friend Foundation's revenue has declined by 94.3%, moving from $176K to $10K. Total assets decreased by 63.1% over the same period, from $63K to $23K. Total functional expenses fell by 94.2%, from $197K to $11K. In its most recent filing year (2023), Help A Friend Foundation reported a deficit of $1K, with expenses exceeding revenue. The organization holds $51K in liabilities against $23K in assets (debt-to-asset ratio: 219.0%), resulting in net assets of $-27,792.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $11K | $23K | $51K | — | — |
| 2022 | $27K | $68K | $25K | $51K | — | — |
| 2021 | $83K | $70K | $66K | $51K | — | View 990 |
| 2020 | $54K | $37K | $52K | $51K | — | — |
| 2019 | $24K | $55K | $36K | $51K | — | View 990 |
| 2015 | $133K | $147K | $54K | $50K | — | View 990 |
| 2014 | $112K | $110K | $17K | $1 | — | View 990 |
| 2013 | $100K | $111K | $15K | $0 | — | View 990 |
| 2012 | $192K | $229K | $25K | $0 | — | View 990 |
| 2011 | $176K | $197K | $63K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $11K, and assets of $23K (revenue -63.2% year-over-year).
- 2022: Revenue of $27K, expenses of $68K, and assets of $25K (revenue -67.1% year-over-year).
- 2021: Revenue of $83K, expenses of $70K, and assets of $66K (revenue +53.8% year-over-year).
- 2020: Revenue of $54K, expenses of $37K, and assets of $52K (revenue +123.7% year-over-year).
- 2019: Revenue of $24K, expenses of $55K, and assets of $36K (revenue -82.0% year-over-year).
- 2015: Revenue of $133K, expenses of $147K, and assets of $54K (revenue +18.9% year-over-year).
- 2014: Revenue of $112K, expenses of $110K, and assets of $17K (revenue +11.7% year-over-year).
- 2013: Revenue of $100K, expenses of $111K, and assets of $15K (revenue -47.7% year-over-year).
- 2012: Revenue of $192K, expenses of $229K, and assets of $25K (revenue +9.2% year-over-year).
- 2011: Revenue of $176K, expenses of $197K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Help A Friend Foundation:
Data Sources and Methodology
This transparency report for Help A Friend Foundation 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.