The Friendship Foundation
Redondo Beach, California
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,494,844↓65% | $3,575,348↓26% | $6,898,974↓70% | — |
| 2022 | $7,048,650↓58% | $4,804,007↑42% | $23,218,143↑10% | — |
| 2021 | $16,675,270↑1026% | $3,389,191↑363% | $21,103,861↑169% | — |
| 2020 | $1,480,671↓56% | $732,250↓15% | $7,851,991↑26% | — |
| 2019 | $3,400,010↑161% | $861,611↑15% | $6,225,443↑79% | — |
| 2018 | $1,301,205↓1% | $750,874↓1% | $3,477,569↑20% | — |
| 2017 | $1,313,160↑10% | $760,602↑9% | $2,904,905↑24% | — |
| 2016 | $1,194,463↑1542% | $696,362↑210% | $2,344,718↑28% | — |
| 2015 | $72,753↓92% | $224,337↓62% | $1,831,572↓8% | — |
| 2015 | $888,839↓19% | $587,101↓7% | $1,983,156↑18% | — |
| 2014 | $1,097,293↑25% | $631,868↑1% | $1,681,418↑38% | — |
| 2013 | $876,698↑6% | $625,535↑14% | $1,215,993↑26% | — |
| 2012 | $830,660↑37% | $548,136↑78% | $964,830↑41% | — |
| 2011 | $605,966 | $307,718 | $682,306 | — |
Frequently Asked Questions
What does The Friendship Foundation do?▼
The Friendship Foundation is a human services nonprofit organization based in California. It is classified under NTEE code P81 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Friendship Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, The Friendship Foundation has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does The Friendship Foundation generate?▼
The Friendship Foundation reports $2.5M in annual revenue and holds $8.4M in total assets, based on IRS filings.
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