Religious Society Of Friends Foundation For The Aging Inc
Friends Foundation for the Aging: Consistent Mission, Variable Financials
EIN: 221524182 · Langhorne, PA · NTEE: X99 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $735K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $864,970 |
| Net Assets | $13.5M |
| Transparency Score | 85/100 |
Is Religious Society Of Friends Foundation For The Aging Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Religious Society Of Friends Foundation For The Aging Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Religious Society Of Friends Foundation For The Aging Inc
Religious Society Of Friends Foundation For The Aging Inc (EIN: 221524182) is a nonprofit organization based in Langhorne, PA, classified under NTEE code X99. The organization reported total revenue of $2.3M and total assets of $14.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Religious Society Of Friends Foundation For The Aging Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Religious Society Of Friends Foundation For The Aging Inc is a mid-size nonprofit that has been operating for 76 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $735K |
| Surplus / Deficit | +$272K |
| Total Assets | $13.7M |
| Total Liabilities | $240K |
| Net Assets | $13.5M |
| Operating Margin | 27.0% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 224.1 months |
Financial Health Grade: A
In 2023, Religious Society Of Friends Foundation For The Aging Inc reported a surplus of $272K with revenue exceeding expenses, holds 224.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Religious Society Of Friends Foundation For The Aging Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +142.9% | -15.1% | +8.2% |
| 2022 | -56.5% | +10.2% | -20.0% |
| 2021 | +41.3% | +9.0% | +8.7% |
| 2020 | -2.7% | -2.4% | +6.5% |
| 2019 | +103.4% | -3.1% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1950 |
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 Religious Society Of Friends Foundation For The Aging Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Religious Society Of Friends Foundation For The Aging Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $272K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, preventing a specific assessment of individual salaries. However, overall expenses (x) are consistently reported, with the highest being $864,970 in 2022.
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 Religious Society Of Friends Foundation For The Aging Inc's IRS 990 filings:
- Significant fluctuation in reported revenue, from a low of $341,021 in 2016 to a high of $2,320,322 in 2023, could indicate reliance on inconsistent funding sources.
- The provided data lacks specific breakdowns for program, administrative, and fundraising expenses, making it difficult to precisely evaluate spending efficiency.
Strengths
The following positive indicators were identified for Religious Society Of Friends Foundation For The Aging Inc:
- Long operational history with consistent asset levels, demonstrating stability and resilience.
- Maintains a healthy asset base, with assets consistently over $12 million, suggesting strong financial management.
- Consistently reports 0% lobbying, indicating a clear focus on its core mission and direct services.
- Positive revenue trend in 2023 ($2,320,322), a significant increase from previous years, potentially indicating renewed fundraising success or increased grants.
Frequently Asked Questions about Religious Society Of Friends Foundation For The Aging Inc
Is Religious Society Of Friends Foundation For The Aging Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Religious Society Of Friends Foundation For The Aging Inc (EIN: 221524182) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Religious Society Of Friends Foundation For The Aging Inc spend its money?
Religious Society Of Friends Foundation For The Aging Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Religious Society Of Friends Foundation For The Aging Inc tax-deductible?
Religious Society Of Friends Foundation For The Aging Inc is registered as a tax-exempt nonprofit (EIN: 221524182). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Religious Society Of Friends Foundation For The Aging Inc CEO make?
Religious Society Of Friends Foundation For The Aging Inc's highest-compensated officer earns $864,970 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Religious Society Of Friends Foundation For The Aging Inc's spending goes to programs?
Religious Society Of Friends Foundation For The Aging Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Religious Society Of Friends Foundation For The Aging Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Religious Society Of Friends Foundation For The Aging Inc is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Religious Society Of Friends Foundation For The Aging Inc located?
Religious Society Of Friends Foundation For The Aging Inc is headquartered in Langhorne, Pennsylvania and files with the IRS under EIN 221524182. It is classified under NTEE code X99.
How many years of IRS 990 filings does Religious Society Of Friends Foundation For The Aging Inc have?
Religious Society Of Friends Foundation For The Aging Inc has 11 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 $2.3M in total revenue.
What does Religious Society Of Friends Foundation For The Aging Inc do?
Religious Society Of Friends Foundation For The Aging Inc is a nonprofit organization in the Religion-Related sector, located in Langhorne, Pennsylvania. It is classified under NTEE code X99.
How much revenue does Religious Society Of Friends Foundation For The Aging Inc have?
Religious Society Of Friends Foundation For The Aging Inc reported total revenue of $2,320,322. Based on 11 IRS 990 filings on record.
What are Religious Society Of Friends Foundation For The Aging Inc's total assets?
Religious Society Of Friends Foundation For The Aging Inc holds total assets of $14,290,466 as reported in IRS 990 filings.
Where is Religious Society Of Friends Foundation For The Aging Inc located?
Religious Society Of Friends Foundation For The Aging Inc is based in Langhorne, Pennsylvania.
What is Religious Society Of Friends Foundation For The Aging Inc's EIN?
Religious Society Of Friends Foundation For The Aging Inc's Employer Identification Number (EIN) is 221524182. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Religious Society Of Friends Foundation For The Aging Inc?
Religious Society Of Friends Foundation For The Aging Inc is classified under NTEE code X99 (Religion-Related).
Is Religious Society Of Friends Foundation For The Aging Inc a registered 501(c)(3)?
Yes, Religious Society Of Friends Foundation For The Aging Inc is recognized as a tax-exempt organization by the IRS. EIN: 221524182.
Does Religious Society Of Friends Foundation For The Aging Inc file IRS Form 990?
Yes, Religious Society Of Friends Foundation For The Aging Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Religious Society Of Friends Foundation For The Aging Inc's revenue in 2023?
In the 202312 filing period, Religious Society Of Friends Foundation For The Aging Inc reported total revenue of $1,006,338, total expenses of $734,617, and net assets of $13,719,221.
Is Religious Society Of Friends Foundation For The Aging Inc's revenue growing or declining?
Religious Society Of Friends Foundation For The Aging Inc's revenue is growing. Revenue went from $414,354 (202212) to $1,006,338 (202312), a +142.9% change. Based on 11 filings on record.
What is Religious Society Of Friends Foundation For The Aging Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Religious Society Of Friends Foundation For The Aging Inc covers tax period 202312. It shows revenue of $1,006,338, expenses of $734,617, total assets of $13,719,221, and liabilities of $239,614.
How much does Religious Society Of Friends Foundation For The Aging Inc spend on programs vs administration?
Based on IRS 990 analysis, Religious Society Of Friends Foundation For The Aging Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Religious Society Of Friends Foundation For The Aging Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Religious Society Of Friends Foundation For The Aging Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for Religious Society Of Friends Foundation For The Aging Inc?
The following concerns were identified: Significant fluctuation in reported revenue, from a low of $341,021 in 2016 to a high of $2,320,322 in 2023, could indicate reliance on inconsistent funding sources.. The provided data lacks specific breakdowns for program, administrative, and fundraising expenses, making it difficult to precisely evaluate spending efficiency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Religious Society Of Friends Foundation For The Aging Inc's strengths?
Positive indicators for Religious Society Of Friends Foundation For The Aging Inc include: Long operational history with consistent asset levels, demonstrating stability and resilience.. Maintains a healthy asset base, with assets consistently over $12 million, suggesting strong financial management.. Consistently reports 0% lobbying, indicating a clear focus on its core mission and direct services.. Positive revenue trend in 2023 ($2,320,322), a significant increase from previous years, potentially indicating renewed fundraising success or increased grants.. These findings are derived from AI analysis of the organization's financial filings.
How does Religious Society Of Friends Foundation For The Aging Inc compensate executives?
Executive compensation details are not provided in the given data, preventing a specific assessment of individual salaries. However, overall expenses (x) are consistently reported, with the highest being $864,970 in 2022. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant revenue fluctuations, what strategies does the foundation employ to ensure long-term financial stability and consistent service delivery?
The data shows revenue ranging from $341,021 to $2,320,322. While assets remain stable, understanding the underlying causes of these revenue swings and the strategies to mitigate their impact on operations would provide deeper insight into financial resilience.
How does the foundation allocate its expenses to directly support its aging population, particularly given the lack of detailed spending breakdowns in the provided data?
Without explicit program, administrative, and fundraising percentages, it's challenging to ascertain the direct impact of expenses on beneficiaries. A deeper dive into their financial statements would be needed to understand how the reported expenses (e.g., $734,617 in 2023) translate into services for the aging.
Filing History
IRS 990 filing history for Religious Society Of Friends Foundation For The Aging Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Religious Society Of Friends Foundation For The Aging Inc's revenue has declined by 17%, moving from $1.2M to $1.0M. Total assets increased by 8.6% over the same period, from $12.6M to $13.7M. Total functional expenses fell by 0.4%, from $738K to $735K. In its most recent filing year (2023), Religious Society Of Friends Foundation For The Aging Inc reported a surplus of $272K, with revenue exceeding expenses. The organization holds $240K in liabilities against $13.7M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $13.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $735K | $13.7M | $240K | — | — |
| 2022 | $414K | $865K | $12.7M | $276K | — | View 990 |
| 2021 | $954K | $785K | $15.9M | $342K | — | View 990 |
| 2020 | $675K | $720K | $14.6M | $85K | — | View 990 |
| 2019 | $694K | $738K | $13.7M | $76K | — | View 990 |
| 2016 | $341K | $762K | $12.2M | $23K | — | View 990 |
| 2015 | $921K | $776K | $13.5M | $14K | — | View 990 |
| 2014 | $845K | $659K | $13.1M | $26K | — | View 990 |
| 2013 | $1.0M | $736K | $12.7M | $103K | — | View 990 |
| 2012 | $701K | $743K | $12.0M | $222K | — | View 990 |
| 2011 | $1.2M | $738K | $12.6M | $304K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $735K, and assets of $13.7M (revenue +142.9% year-over-year).
- 2022: Revenue of $414K, expenses of $865K, and assets of $12.7M (revenue -56.5% year-over-year).
- 2021: Revenue of $954K, expenses of $785K, and assets of $15.9M (revenue +41.3% year-over-year).
- 2020: Revenue of $675K, expenses of $720K, and assets of $14.6M (revenue -2.7% year-over-year).
- 2019: Revenue of $694K, expenses of $738K, and assets of $13.7M (revenue +103.4% year-over-year).
- 2016: Revenue of $341K, expenses of $762K, and assets of $12.2M (revenue -63.0% year-over-year).
- 2015: Revenue of $921K, expenses of $776K, and assets of $13.5M (revenue +9.0% year-over-year).
- 2014: Revenue of $845K, expenses of $659K, and assets of $13.1M (revenue -18.2% year-over-year).
- 2013: Revenue of $1.0M, expenses of $736K, and assets of $12.7M (revenue +47.4% year-over-year).
- 2012: Revenue of $701K, expenses of $743K, and assets of $12.0M (revenue -42.2% year-over-year).
- 2011: Revenue of $1.2M, expenses of $738K, and assets of $12.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Religious Society Of Friends Foundation For The Aging Inc:
Data Sources and Methodology
This transparency report for Religious Society Of Friends Foundation For The Aging 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.