The Friendly Kitchen Inc
The Friendly Kitchen Inc shows consistent growth and strong program spending with no reported officer compensation.
EIN: 20354057 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $781K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $700,000 |
| Net Assets | $2.1M |
| Transparency Score | 92/100 |
Is The Friendly Kitchen Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Friendly Kitchen Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Friendly Kitchen Inc
The Friendly Kitchen Inc (EIN: 20354057) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $1.0M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Friendly Kitchen Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Friendly Kitchen Inc is a mid-size nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $796K |
| Total Expenses | $781K |
| Surplus / Deficit | +$15K |
| Total Assets | $2.1M |
| Total Liabilities | $14K |
| Net Assets | $2.1M |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 32.5 months |
Financial Health Grade: A
In 2023, The Friendly Kitchen Inc reported a surplus of $15K with revenue exceeding expenses, holds 32.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Friendly Kitchen Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.2% | +12.2% | +1.4% |
| 2022 | +4.4% | +19.0% | +2.3% |
| 2021 | +28.3% | +12.5% | +2.5% |
| 2020 | +4.9% | -1.0% | +6.4% |
| 2019 | +10.9% | +25.1% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 The Friendly Kitchen Inc 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, The Friendly Kitchen Inc 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 $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
The Friendly Kitchen Inc reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not classified as officer compensation, which is highly unusual for an organization with over $700,000 in annual expenses and suggests a strong commitment to directing funds to programs.
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 The Friendly Kitchen Inc:
- Consistent revenue growth, nearly doubling from $403,061 in 2014 to $796,103 in 2023.
- Strong asset growth from $1,737,050 in 2014 to $2,115,398 in 2023, indicating financial stability.
- Zero reported officer compensation across all filings, suggesting a highly volunteer-driven or lean executive structure.
- Very low liabilities relative to assets, demonstrating strong financial health and minimal risk.
- High percentage of expenses directed towards program services, indicating efficient use of funds for its mission.
Frequently Asked Questions about The Friendly Kitchen Inc
Is The Friendly Kitchen Inc a legitimate charity?
The Friendly Kitchen Inc (EIN: 20354057) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does The Friendly Kitchen Inc spend its money?
The Friendly Kitchen Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to The Friendly Kitchen Inc tax-deductible?
The Friendly Kitchen Inc is registered as a tax-exempt nonprofit (EIN: 20354057). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Friendly Kitchen Inc CEO make?
The Friendly Kitchen Inc's highest-compensated officer earns $700,000 annually. The organization reported $1.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Friendly Kitchen Inc's spending goes to programs?
The Friendly Kitchen Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Friendly Kitchen Inc located?
The Friendly Kitchen Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 20354057.
How many years of IRS 990 filings does The Friendly Kitchen Inc have?
The Friendly Kitchen Inc has 13 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 $1.0M in total revenue.
Is The Friendly Kitchen Inc a good charity?
Based on its financial filings, The Friendly Kitchen Inc appears to be a very good charity. It demonstrates strong financial health, consistent growth in revenue and assets, and a highly efficient spending model with a significant portion of expenses dedicated to programs and no reported officer compensation.
How has The Friendly Kitchen Inc's revenue changed over time?
The Friendly Kitchen Inc has shown consistent revenue growth, increasing from $403,061 in 2014 to $796,103 in 2023, nearly doubling its income over a decade.
What is The Friendly Kitchen Inc's asset-to-liability ratio?
In 2023, The Friendly Kitchen Inc had assets of $2,115,398 and liabilities of $13,898, resulting in a very strong asset-to-liability ratio of approximately 152:1, indicating excellent financial stability.
Filing History
IRS 990 filing history for The Friendly Kitchen Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Friendly Kitchen Inc's revenue has grown by 35%, moving from $590K to $796K. Total assets increased by 244% over the same period, from $615K to $2.1M. Total functional expenses rose by 157%, from $304K to $781K. In its most recent filing year (2023), The Friendly Kitchen Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $14K in liabilities against $2.1M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $796K | $781K | $2.1M | $14K | — | — |
| 2022 | $743K | $697K | $2.1M | $13K | — | — |
| 2021 | $712K | $586K | $2.0M | $14K | — | View 990 |
| 2020 | $555K | $521K | $2.0M | $55K | — | View 990 |
| 2019 | $529K | $526K | $1.9M | $5K | — | View 990 |
| 2018 | $477K | $420K | $1.9M | $3K | — | View 990 |
| 2017 | $476K | $467K | $1.8M | $5K | — | View 990 |
| 2016 | $470K | $459K | $1.8M | $0 | — | View 990 |
| 2015 | $505K | $453K | $1.8M | $17 | — | View 990 |
| 2014 | $403K | $464K | $1.7M | $3K | — | View 990 |
| 2013 | $774K | $464K | $2.0M | $253K | — | View 990 |
| 2012 | $1.1M | $373K | $1.4M | $4K | — | View 990 |
| 2011 | $590K | $304K | $615K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $796K, expenses of $781K, and assets of $2.1M (revenue +7.2% year-over-year).
- 2022: Revenue of $743K, expenses of $697K, and assets of $2.1M (revenue +4.4% year-over-year).
- 2021: Revenue of $712K, expenses of $586K, and assets of $2.0M (revenue +28.3% year-over-year).
- 2020: Revenue of $555K, expenses of $521K, and assets of $2.0M (revenue +4.9% year-over-year).
- 2019: Revenue of $529K, expenses of $526K, and assets of $1.9M (revenue +10.9% year-over-year).
- 2018: Revenue of $477K, expenses of $420K, and assets of $1.9M (revenue +0.2% year-over-year).
- 2017: Revenue of $476K, expenses of $467K, and assets of $1.8M (revenue +1.4% year-over-year).
- 2016: Revenue of $470K, expenses of $459K, and assets of $1.8M (revenue -7.1% year-over-year).
- 2015: Revenue of $505K, expenses of $453K, and assets of $1.8M (revenue +25.4% year-over-year).
- 2014: Revenue of $403K, expenses of $464K, and assets of $1.7M (revenue -47.9% year-over-year).
- 2013: Revenue of $774K, expenses of $464K, and assets of $2.0M (revenue -31.6% year-over-year).
- 2012: Revenue of $1.1M, expenses of $373K, and assets of $1.4M (revenue +91.6% year-over-year).
- 2011: Revenue of $590K, expenses of $304K, and assets of $615K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Friendly Kitchen Inc:
Data Sources and Methodology
This transparency report for The Friendly Kitchen 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.