Friendship Retirement Corporation
Glendale, Arizona
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $29,558,634↑1% | $24,638,734↓21% | $24,767,329↑19% | — |
| 2022 | $29,398,220↑5% | $31,146,822↑6% | $20,788,807↓18% | — |
| 2021 | $27,946,854↓13% | $29,267,306↓5% | $25,414,864↓11% | — |
| 2020 | $31,963,306↑10% | $30,865,810↑5% | $28,671,455 | — |
| 2019 | $29,092,708 | $29,313,654↑4% | $28,740,744↑5% | — |
| 2018 | $29,167,423↑12% | $28,150,976↑4% | $27,297,251↓1% | — |
| 2017 | $26,057,364↑10% | $27,197,074↑11% | $27,505,043↓4% | — |
| 2016 | $23,750,603↑8% | $24,436,267↑12% | $28,544,761↑20% | — |
| 2015 | $22,040,663↑8% | $21,914,444↑8% | $23,868,788↑2% | — |
| 2014 | $20,345,816↑5% | $20,307,550 | $23,515,617↓9% | — |
| 2013 | $19,434,870↑2% | $20,363,463↑8% | $25,821,738↓7% | — |
| 2012 | $18,980,909↓7% | $18,879,825↓1% | $27,718,453↓1% | — |
| 2011 | $20,475,188 | $19,045,314 | $28,064,996 | — |
Frequently Asked Questions
What does Friendship Retirement Corporation do?▼
Friendship Retirement Corporation is a human services nonprofit organization based in Arizona. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Friendship Retirement Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Friendship Retirement Corporation has a score of 57/100 (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 Friendship Retirement Corporation generate?▼
Friendship Retirement Corporation reports $29.4M in annual revenue and holds $24.3M in total assets, based on IRS filings.
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