TPhilanthropy, Voluntarism & GrantmakingEIN: 541427948· Ruling Year: 1989

Friendship Foundation

Roanoke, Virginia

A-Health Score
77A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.68×
Peer Median11.98×
💰
$12.0M
Total Revenue
📊
$5.6M
Total Expenses
🏦
$9.3M
Net Assets
📋
$21.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+941.8%
Year-over-year change (2022 → 2023)
Net Margin
+53.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.68
Net assets divided by total expenses
Liabilities-to-Assets
69.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$11,960,925942%$5,571,5364148%$30,735,129360%
2022$1,148,08217%$131,15090%$6,682,17650%
2021$1,386,048$1,355,9076%$4,450,5997%
2020$1,384,3621%$1,274,265$4,163,2501%
2019$1,403,16221%$1,278,41123%$4,103,6791%
2018$1,767,37211%$1,650,21912%$4,133,2544%
2017$1,989,17266%$1,866,00915%$4,294,17110%
2016$5,829,8231673%$2,193,806559%$4,745,96013101%
2015$328,84962%$332,67961%$35,95199%
2014$861,16027%$849,37027%$3,012,0542%
2013$1,182,0329%$1,159,8347%$2,947,67176%
2012$1,303,034$1,252,643$12,517,442

Frequently Asked Questions

What does Friendship Foundation do?

Friendship Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Virginia. It is classified under NTEE code T22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friendship Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Friendship Foundation has a score of 77/100 (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 Foundation generate?

Friendship Foundation reports $27.8M in annual revenue and holds $103.4M in total assets, based on IRS filings.

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Friendship Foundation — Roanoke, VA | GiveScope