TPhilanthropy, Voluntarism & GrantmakingEIN: 462878325· Ruling Year: 2014

Friend Ships

Lake Charles, Louisiana

B-Health Score
51B-

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Average

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org7.59×
Peer Median15.61×
💰
$1.2M
Total Revenue
📊
$415K
Total Expenses
🏦
$3.1M
Net Assets
📋
$165K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+494.6%
Year-over-year change (2023 → 2024)
Net Margin
+64.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.59
Net assets divided by total expenses
Liabilities-to-Assets
5.0%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2024$1,162,719495%$414,61027%$3,310,77129%
2023$195,54488%$326,01781%$2,562,6626%
2022$1,634,83419%$1,723,21521%$2,732,2143%
2021$1,372,78485%$1,428,39672%$2,655,59539%
2020$743,45428%$830,1607%$4,343,4692%
2019$1,034,41378%$889,65571%$4,430,1753%
2018$4,781,916$519,630$4,285,417

Frequently Asked Questions

What does Friend Ships do?

Friend Ships is a philanthropy, voluntarism & grantmaking nonprofit organization based in Louisiana. It is classified under NTEE code T50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friend Ships financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Friend Ships.

How much revenue does Friend Ships generate?

Friend Ships reports $1.6M in annual revenue and holds $4.0M in total assets, based on IRS filings.

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