Youths Friends Association Inc
Youths Friends Association Inc. consistently operates at a deficit, drawing down assets despite minimal liabilities and no reported officer compensation.
EIN: 136097828 · Gloucester, MA · Updated: 2026-03-28
Is Youths Friends Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Youths Friends Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Youths Friends Association Inc
Youths Friends Association Inc (EIN: 136097828) is a nonprofit organization based in Gloucester, MA. The organization reported total revenue of $3.6M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Youths Friends Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Youths Friends Association Inc with a Mission Score of 65 out of 100 (Good). 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, Youths Friends Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting either a volunteer-led organization or that executive compensation is embedded within other expense categories, making direct analysis of its proportionality to organizational size impossible.
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 Youths Friends Association Inc's IRS 990 filings:
- Consistent operational deficits where expenses frequently exceed revenue (e.g., 202312: Expenses $783,338, Revenue $413,757).
- Gradual decline in total assets over the past decade, from $9.5 million in 2011 to $8.6 million in 2023, indicating reliance on reserves.
- Lack of reported officer compensation, which could obscure true leadership costs if compensation is embedded elsewhere.
Strengths
The following positive indicators were identified for Youths Friends Association Inc:
- Extremely low liabilities ($0 or $1 across all filings) indicating a very low debt burden.
- Significant asset base ($8.6 million in 2023) providing a buffer despite consistent deficits.
- Long operational history with 10 filings, suggesting established presence.
Frequently Asked Questions about Youths Friends Association Inc
Is Youths Friends Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Youths Friends Association Inc (EIN: 136097828) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Youths Friends Association Inc spend its money?
Youths Friends Association Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Youths Friends Association Inc tax-deductible?
Youths Friends Association Inc is registered as a tax-exempt nonprofit (EIN: 136097828). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Youths Friends Association Inc. sustain its operations given consistent deficits?
The organization appears to be drawing down its asset base to cover operational deficits, as evidenced by the decline in assets from $9.5 million in 2011 to $8.6 million in 2023, while expenses frequently exceed revenue.
What caused the significant revenue spike to $3,587,344 in the latest period?
The provided data does not specify the nature of this revenue spike. It could be a large one-time donation, a grant, or a change in accounting for certain income streams, and further investigation into the latest full filing would be needed.
Is the organization truly volunteer-led, or is executive compensation reported elsewhere?
The IRS 990 filings consistently report $0 for officer compensation. This either indicates a fully volunteer executive leadership or that compensation is categorized under other expenses, which would reduce transparency regarding leadership costs.
What is the long-term plan to address the consistent operational deficits?
The filings do not provide a strategic plan. The consistent trend of expenses exceeding revenue (e.g., $783,338 expenses vs. $413,757 revenue in 2023) suggests a need for either increased fundraising or reduced spending to ensure long-term financial viability.
Filing History
IRS 990 filing history for Youths Friends Association Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Youths Friends Association Inc's revenue has declined by 47.7%, moving from $791K to $414K. Total assets decreased by 9% over the same period, from $9.5M to $8.7M. Total functional expenses rose by 41.7%, from $553K to $783K. In its most recent filing year (2023), Youths Friends Association Inc reported a deficit of $370K, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $414K | $783K | $8.7M | $1 | — | — |
| 2022 | $574K | $688K | $9.0M | $1 | — | View 990 |
| 2021 | $707K | $696K | $9.1M | $1 | — | View 990 |
| 2020 | $496K | $644K | $9.1M | $1 | — | View 990 |
| 2019 | $521K | $594K | $9.3M | $1 | — | — |
| 2015 | $506K | $564K | $9.4M | $0 | — | View 990 |
| 2014 | $620K | $551K | $9.4M | $0 | — | View 990 |
| 2013 | $601K | $578K | $9.4M | $0 | — | View 990 |
| 2012 | $394K | $574K | $9.3M | $0 | — | View 990 |
| 2011 | $791K | $553K | $9.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $414K, expenses of $783K, and assets of $8.7M (revenue -27.9% year-over-year).
- 2022: Revenue of $574K, expenses of $688K, and assets of $9.0M (revenue -18.8% year-over-year).
- 2021: Revenue of $707K, expenses of $696K, and assets of $9.1M (revenue +42.5% year-over-year).
- 2020: Revenue of $496K, expenses of $644K, and assets of $9.1M (revenue -4.9% year-over-year).
- 2019: Revenue of $521K, expenses of $594K, and assets of $9.3M (revenue +3.0% year-over-year).
- 2015: Revenue of $506K, expenses of $564K, and assets of $9.4M (revenue -18.4% year-over-year).
- 2014: Revenue of $620K, expenses of $551K, and assets of $9.4M (revenue +3.2% year-over-year).
- 2013: Revenue of $601K, expenses of $578K, and assets of $9.4M (revenue +52.7% year-over-year).
- 2012: Revenue of $394K, expenses of $574K, and assets of $9.3M (revenue -50.2% year-over-year).
- 2011: Revenue of $791K, expenses of $553K, and assets of $9.5M.
Data Sources and Methodology
This transparency report for Youths Friends Association 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.