Friendship Ark Inc
Ames, Iowa
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,640,018↑32% | $4,608,575↑17% | $5,442,874↑31% | |
| 2022 | $4,284,918↑3% | $3,949,424↑10% | $4,144,468↑19% | — |
| 2021 | $4,156,879↑15% | $3,584,064↑16% | $3,476,912↑20% | — |
| 2020 | $3,605,015↑21% | $3,094,852↑9% | $2,900,925↑21% | — |
| 2019 | $2,984,587↑14% | $2,838,106↑13% | $2,401,645↑4% | — |
| 2018 | $2,615,034↑7% | $2,507,989↑17% | $2,309,717↑9% | — |
| 2017 | $2,434,658↑25% | $2,136,257↑15% | $2,124,454↑20% | — |
| 2016 | $1,955,420↑22% | $1,862,290↑21% | $1,765,684↑12% | — |
| 2015 | $1,608,982↑19% | $1,542,707↑21% | $1,582,257↓10% | — |
| 2014 | $1,357,355↓1% | $1,280,251↑22% | $1,749,103↑24% | — |
| 2013 | $1,376,618↑23% | $1,045,576↑1% | $1,406,320↑24% | — |
| 2012 | $1,115,040 | $1,033,741 | $1,136,826 | — |
Frequently Asked Questions
What does Friendship Ark Inc do?▼
Friendship Ark Inc is a housing & shelter nonprofit organization based in Iowa. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Friendship Ark Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Friendship Ark Inc has a score of 88/100 (Grade: A). 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 Friendship Ark Inc generate?▼
Friendship Ark Inc reports $6.9M in annual revenue and holds $7.1M in total assets, based on IRS filings.
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