Ray & Lorraine Friedman Family Foundation is a 501(c)(3) organization based in Beverly Hills, California, registered in 1993, with $16,257 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$16K
▲ 77.1% vs prior year
Expenses (FY2024)
$56K
Net assets
$245K
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 Ray & Lorraine Friedman Family Foundation— 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 Ray & Lorraine Friedman Family Foundation: 52 mo reserves · -246% margin earns a F 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 Ray & Lorraine Friedman Family Foundation— 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 Ray & Lorraine Friedman Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $179K (FY2014) to $16K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-245.6%
Spent more than it raised in the latest fiscal year.
Total assets
$245K
Total liabilities
$0
Net assets
$245K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $16,257▲77.1% | $56,191▼11.5% | $244,832▼14.1% | $244,832▼14.1% | 990PF |
| 2023 | $9,181 | $63,465▲1.5% | $284,885▼16.0% | $284,885▼16.0% | 990PF |
| 2022 | $0▼100% | $62,511▲22.4% | $339,169▼15.6% | $339,169▼15.6% | 990PF |
| 2021 | $236,429▲13832% | $51,087▼80.1% | $401,766▲85.6% | $401,766▲85.6% | 990PF |
| 2020 | $1,697▼99.2% | $256,661▲71.8% | $216,429▼54.1% | $216,429▼54.1% | 990PF |
| 2019 | $222,378▲1.2% | $149,367▲67.6% | $471,593▲52.8% | $471,593▲52.8% | 990PF |
| 2017 | $219,802▲11.0% | $89,129▼8.8% | $308,568▲73.4% | $308,568▲73.4% | 990PF |
| 2016 | $198,002▼1.5% | $97,732▼67.0% | $177,913▲129% | $177,913▲129% | 990PF |
| 2015 | $201,086▲12.1% | $296,287▲362% | $77,654▼55.9% | $77,654▼55.9% | 990PF |
| 2014 | $179,315 | $64,161 | $176,014 | $176,014 | 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 Ray & Lorraine Friedman Family Foundation (EIN 95-4433567) 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.