Special Friends Foundation Inc
Special Friends Foundation Inc. shows rapid growth and efficient program spending with no reported officer compensation.
EIN: 113374927 · Drexel Hill, PA · NTEE: H99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $2.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $2.3M |
| Transparency Score | 90/100 |
Is Special Friends Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Special Friends Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Special Friends Foundation Inc
Special Friends Foundation Inc (EIN: 113374927) is a nonprofit organization based in Drexel Hill, PA, classified under NTEE code H99. The organization reported total revenue of $3.8M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Special Friends Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Special Friends Foundation Inc is a mid-size nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 31.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$600K |
| Total Assets | $4.5M |
| Total Liabilities | $2.1M |
| Net Assets | $2.3M |
| Operating Margin | 17.8% |
| Debt-to-Asset Ratio | 47.6% |
| Months of Reserves | 19.4 months |
Financial Health Grade: A
In 2023, Special Friends Foundation Inc reported a surplus of $600K with revenue exceeding expenses, holds 19.4 months of operating reserves (strong position), has a debt-to-asset ratio of 47.6% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Special Friends Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 31.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.1% | +42.0% | +13.1% |
| 2022 | +98.2% | +95.4% | +51.9% |
| 2021 | +61.1% | +64.6% | +67.6% |
| 2020 | +18.2% | +11.2% | +52.3% |
| 2019 | -5.2% | +31.0% | +100.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Special Friends Foundation Inc with a Mission Score of 90 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, Special Friends Foundation Inc 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 $600K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 14 filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with over $3 million in revenue and suggests a very lean operational structure.
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 Special Friends Foundation Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization with over $3 million in revenue could indicate compensation is reported under other categories or a highly unusual volunteer-led structure, warranting further investigation into operational transparency.
Strengths
The following positive indicators were identified for Special Friends Foundation Inc:
- Strong and consistent revenue growth, increasing from $675,144 in 2019 to $3,365,307 in 2023.
- Healthy asset base of $4,469,433 in 2023, providing financial resilience.
- High program spending ratio (estimated 80%), indicating efficient use of funds towards its mission.
- No reported officer compensation, suggesting a lean administrative structure and potentially high donor value.
- Consistent filing of IRS 990 forms over 14 periods, demonstrating commitment to regulatory compliance.
Frequently Asked Questions about Special Friends Foundation Inc
Is Special Friends Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Special Friends Foundation Inc (EIN: 113374927) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Special Friends Foundation Inc spend its money?
Special Friends Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Special Friends Foundation Inc tax-deductible?
Special Friends Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113374927). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Special Friends Foundation Inc CEO make?
Special Friends Foundation Inc's highest-compensated officer earns $3 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Special Friends Foundation Inc's spending goes to programs?
Special Friends Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Special Friends Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Special Friends Foundation Inc is above average for NTEE category H99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Special Friends Foundation Inc located?
Special Friends Foundation Inc is headquartered in Drexel Hill, Pennsylvania and files with the IRS under EIN 113374927. It is classified under NTEE code H99.
How many years of IRS 990 filings does Special Friends Foundation Inc have?
Special Friends Foundation Inc has 14 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 $3.8M in total revenue.
Is Special Friends Foundation Inc. financially stable?
Yes, the organization appears financially stable, demonstrating consistent revenue growth from $675,144 in 2019 to $3,365,307 in 2023, and a healthy asset base of $4,469,433 in 2023, significantly exceeding its liabilities of $2,127,299.
How efficiently does Special Friends Foundation Inc. use its donations?
Based on the provided data and typical efficient nonprofit benchmarks, the organization appears to use its donations efficiently, with an estimated 80% of its expenses directed towards program services, indicating a strong focus on its mission.
What is the trend in the organization's financial growth?
Special Friends Foundation Inc. has experienced rapid financial growth, with revenue increasing more than tenfold from $219,067 in 2017 to $3,365,307 in 2023, and assets growing from $262,052 to $4,469,433 over the same period.
Does the organization pay its executives?
According to the IRS 990 filings, Special Friends Foundation Inc. consistently reports 0% officer compensation, suggesting that its executives are not compensated as officers or are volunteers.
Filing History
IRS 990 filing history for Special Friends Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Special Friends Foundation Inc's revenue has grown by 3262.8%, moving from $100K to $3.4M. Total assets increased by 4963.7% over the same period, from $88K to $4.5M. Total functional expenses rose by 855.9%, from $289K to $2.8M. In its most recent filing year (2023), Special Friends Foundation Inc reported a surplus of $600K, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $4.5M in assets (debt-to-asset ratio: 47.6%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $2.8M | $4.5M | $2.1M | — | — |
| 2022 | $2.5M | $1.9M | $4.0M | $2.2M | — | View 990 |
| 2021 | $1.3M | $997K | $2.6M | $1.5M | — | View 990 |
| 2020 | $798K | $606K | $1.6M | $733K | — | View 990 |
| 2019 | $675K | $545K | $1.0M | $393K | — | View 990 |
| 2018 | $712K | $416K | $508K | $12K | — | View 990 |
| 2017 | $219K | $180K | $262K | $9K | — | View 990 |
| 2016 | $143K | $108K | $222K | $8K | — | View 990 |
| 2015 | $200K | $160K | $185K | $6K | — | View 990 |
| 2014 | $157K | $117K | $144K | $5K | — | View 990 |
| 2013 | $93K | $103K | $104K | $5K | — | View 990 |
| 2012 | $136K | $140K | $113K | $4K | — | View 990 |
| 2011 | $184K | $156K | $117K | $4K | — | View 990 |
| 2010 | $100K | $289K | $88K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $2.8M, and assets of $4.5M (revenue +32.1% year-over-year).
- 2022: Revenue of $2.5M, expenses of $1.9M, and assets of $4.0M (revenue +98.2% year-over-year).
- 2021: Revenue of $1.3M, expenses of $997K, and assets of $2.6M (revenue +61.1% year-over-year).
- 2020: Revenue of $798K, expenses of $606K, and assets of $1.6M (revenue +18.2% year-over-year).
- 2019: Revenue of $675K, expenses of $545K, and assets of $1.0M (revenue -5.2% year-over-year).
- 2018: Revenue of $712K, expenses of $416K, and assets of $508K (revenue +224.9% year-over-year).
- 2017: Revenue of $219K, expenses of $180K, and assets of $262K (revenue +53.5% year-over-year).
- 2016: Revenue of $143K, expenses of $108K, and assets of $222K (revenue -28.7% year-over-year).
- 2015: Revenue of $200K, expenses of $160K, and assets of $185K (revenue +27.6% year-over-year).
- 2014: Revenue of $157K, expenses of $117K, and assets of $144K (revenue +69.3% year-over-year).
- 2013: Revenue of $93K, expenses of $103K, and assets of $104K (revenue -31.8% year-over-year).
- 2012: Revenue of $136K, expenses of $140K, and assets of $113K (revenue -26.0% year-over-year).
- 2011: Revenue of $184K, expenses of $156K, and assets of $117K (revenue +83.6% year-over-year).
- 2010: Revenue of $100K, expenses of $289K, and assets of $88K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Special Friends Foundation Inc:
Data Sources and Methodology
This transparency report for Special Friends Foundation 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.