CSCharityScored
49

Friends For Life Corporation

Human Services · Memphis, Tennessee

1548 Poplar Ave, Memphis, TN 38104-2432

EIN: 621511959· Founded: May 1993· 33 years active· Filing Year: 2023

Annual Revenue

$7.6M

Total Expenses

$7.9M

Total Assets

$10.4M

Program Spending

23%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$366K

4.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$3.0M

Total Payroll

$3.3M

42% of total expenses

Where the Money Goes

23%
Programs: 23%
Payroll: 42%
Other overhead: 77%
Program Revenue$1.8M (24%)
Total Expenses$7.9M (100%)
Payroll$3.3M (42%)
Overhead (non-program)77%

Trust Score Breakdown

Program Spending Ratio

23% of expenses go to programs

40%

Revenue & Stability

$7.6M annual revenue

15%

Executive Compensation

$366K total officer comp (4.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$10.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.