Me And My Two Friends Foundationinc
Me And My Two Friends Foundationinc shows strong revenue growth and no reported officer compensation across all filings.
EIN: 204235695 · Marietta, GA · NTEE: B990 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $413K |
| Total Expenses | $204K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $247,118. |
| Net Assets | $44K |
| Transparency Score | 92/100 |
Is Me And My Two Friends Foundationinc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Me And My Two Friends Foundationinc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Me And My Two Friends Foundationinc
Me And My Two Friends Foundationinc (EIN: 204235695) is a nonprofit organization based in Marietta, GA, classified under NTEE code B990. The organization reported total revenue of $413K and total assets of $88K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Me And My Two Friends Foundationinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Me And My Two Friends Foundationinc is a small nonprofit that has been operating for 20 years, with 6 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 29.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $247K |
| Total Expenses | $204K |
| Surplus / Deficit | +$43K |
| Total Assets | $52K |
| Total Liabilities | $8K |
| Net Assets | $44K |
| Operating Margin | 17.5% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Me And My Two Friends Foundationinc reported a surplus of $43K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2023), Me And My Two Friends Foundationinc's revenue has grown at a compound annual growth rate (CAGR) of 29.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3332.2% | +3541.8% | +1960.1% |
| 2015 | -22.9% | -22.0% | +625.8% |
| 2014 | +16.3% | -19.1% | +32.7% |
| 2013 | -59.0% | -64.7% | +338.3% |
| 2012 | +75.9% | +451.5% | -99.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Me And My Two Friends Foundationinc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Me And My Two Friends Foundationinc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.9%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all six available IRS 990 filings, indicating that no salaries or other compensation were paid to officers, directors, or trustees. This suggests a volunteer-led or extremely lean leadership structure, which is highly efficient for an organization of its size, with latest revenue of $247,118.
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 Me And My Two Friends Foundationinc:
- Consistent 0% officer compensation, indicating high efficiency and volunteer leadership.
- Strong revenue growth from $11,134 in 2011 to $247,118 in 2023.
- Positive net income in the latest filing ($247,118 revenue vs. $203,833 expenses).
- Growing asset base, reaching $52,182 in 2023, demonstrating financial health.
- Consistent IRS 990 filing history, indicating good compliance and transparency.
Frequently Asked Questions about Me And My Two Friends Foundationinc
Is Me And My Two Friends Foundationinc a legitimate charity?
Me And My Two Friends Foundationinc (EIN: 204235695) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 92/100. It has 6 years of IRS 990 filings on record. Total revenue: $413K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Me And My Two Friends Foundationinc spend its money?
Me And My Two Friends Foundationinc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Me And My Two Friends Foundationinc tax-deductible?
Me And My Two Friends Foundationinc is registered as a tax-exempt nonprofit (EIN: 204235695). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Me And My Two Friends Foundationinc CEO make?
Me And My Two Friends Foundationinc's highest-compensated officer earns $247,118. annually. The organization reported $413K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Me And My Two Friends Foundationinc's spending goes to programs?
Me And My Two Friends Foundationinc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Me And My Two Friends Foundationinc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Me And My Two Friends Foundationinc is above average for NTEE category B990 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Me And My Two Friends Foundationinc located?
Me And My Two Friends Foundationinc is headquartered in Marietta, Georgia and files with the IRS under EIN 204235695. It is classified under NTEE code B990.
How many years of IRS 990 filings does Me And My Two Friends Foundationinc have?
Me And My Two Friends Foundationinc has 6 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 $413K in total revenue.
Is Me And My Two Friends Foundationinc financially stable?
Yes, the organization appears financially stable. Its latest filing (202312) shows revenue of $247,118 significantly exceeding expenses of $203,833, resulting in a surplus. Assets have also grown substantially to $52,182, while liabilities remain relatively low at $7,800.
How has the organization's revenue changed over time?
Me And My Two Friends Foundationinc has experienced significant revenue growth, increasing from $11,134 in 2011 to $247,118 in 2023, demonstrating increasing support and capacity.
Does the organization pay its officers?
No, based on the provided IRS 990 data, the organization has consistently reported 0% officer compensation across all six filings from 2011 to 2023.
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend, growing from $6,837 in 2011 to $52,182 in 2023, indicating a healthy accumulation of resources.
Filing History
IRS 990 filing history for Me And My Two Friends Foundationinc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2023), Me And My Two Friends Foundationinc's revenue has grown by 2119.5%, moving from $11K to $247K. Total assets increased by 663.2% over the same period, from $7K to $52K. Total functional expenses rose by 4376.9%, from $5K to $204K. In its most recent filing year (2023), Me And My Two Friends Foundationinc reported a surplus of $43K, with revenue exceeding expenses. The organization holds $8K in liabilities against $52K in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $44K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $247K | $204K | $52K | $8K | — | — |
| 2015 | $7K | $6K | $3K | $2K | — | View 990 |
| 2014 | $9K | $7K | $349 | $1K | — | View 990 |
| 2013 | $8K | $9K | $263 | $1K | — | View 990 |
| 2012 | $20K | $25K | $60 | $266 | — | View 990 |
| 2011 | $11K | $5K | $7K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $247K, expenses of $204K, and assets of $52K (revenue +3332.2% year-over-year).
- 2015: Revenue of $7K, expenses of $6K, and assets of $3K (revenue -22.9% year-over-year).
- 2014: Revenue of $9K, expenses of $7K, and assets of $349 (revenue +16.3% year-over-year).
- 2013: Revenue of $8K, expenses of $9K, and assets of $263 (revenue -59.0% year-over-year).
- 2012: Revenue of $20K, expenses of $25K, and assets of $60 (revenue +75.9% year-over-year).
- 2011: Revenue of $11K, expenses of $5K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Me And My Two Friends Foundationinc:
Data Sources and Methodology
This transparency report for Me And My Two Friends Foundationinc 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.