A Friends Foundation Trust is a 501(c)(3) organization based in Pennington, New Jersey, registered in 1964, with $1,845,619 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.8M
▲ 134.1% vs prior year
Expenses (FY2024)
$1.2M
Net assets
$18.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A Friends Foundation Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A Friends Foundation Trust: 184 mo reserves · +36% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A Friends Foundation Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A Friends Foundation Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $300K (FY2020) to $1.8M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
35.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$18.1M
Total liabilities
$0
Net assets
$18.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,845,619▲134% | $1,182,377▲43.1% | $18,107,011▲3.8% | $18,107,011▲3.8% | 990PF |
| 2023 | $788,321▼33.7% | $826,097▼33.5% | $17,447,105▼0.4% | $17,447,105▼0.4% | 990PF |
| 2022 | $1,188,260▼49.9% | $1,241,425▲32.5% | $17,518,095▼0.4% | $17,518,095▼0.4% | 990PF |
| 2021 | $2,371,199▲691% | $937,109▲5.0% | $17,581,627▲9.2% | $17,581,627▲9.2% | 990PF |
| 2020 | $299,768 | $892,068 | $16,105,044 | $16,105,044 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for A Friends Foundation Trust (EIN 59-6125247) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.