Residents Association of Friendship Village-bloomington is a 501(c)(4) organization based in Bloomington, Minnesota, registered in 1984, with $15,351 in FY2022 revenue. CharityIndex grades it C.
Revenue (FY2022)
$15K
▼ 32.4% vs prior year
Expenses (FY2022)
$16K
Net assets
$45K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Residents Association of Friendship Village-bloomington— 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 Residents Association of Friendship Village-bloomington: 34 mo reserves · -2% 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 Residents Association of Friendship Village-bloomington— 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 Residents Association of Friendship Village-bloomington: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue declined from $23K (FY2021) to $15K (FY2022) across 2 reported years.
Financial snapshot
Operating margin
-2.4%
Spent more than it raised in the latest fiscal year.
Total assets
$45K
Net assets
$45K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $15,351▼32.4% | $15,719▲105% | $45,123▼2.1% | $45,123▼2.1% | 990EZ |
| 2021 | $22,712 | $7,682 | $46,091 | $46,091 | 990EZ |
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 Residents Association of Friendship Village-bloomington (EIN 41-1396876) 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.