CSCharityScored
45

The Friendship Foundation

Human Services · Redondo Beach, California

2108 Vail Ave, Redondo Beach, CA 90278-2518

EIN: 208575157· Founded: Jun 2007· 19 years active· Filing Year: 2023

Annual Revenue

$2.5M

Total Expenses

$3.6M

Total Assets

$6.9M

Program Spending

5%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$56K

1.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$539K

Total Payroll

$595K

17% of total expenses

Where the Money Goes

5%
Programs: 5%
Payroll: 17%
Other overhead: 95%
Program Revenue$184K (7%)
Total Expenses$3.6M (100%)
Payroll$595K (17%)
Overhead (non-program)95%

Trust Score Breakdown

Program Spending Ratio

5% of expenses go to programs

40%

Revenue & Stability

$2.5M annual revenue

15%

Executive Compensation

$56K total officer comp (1.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$6.9M 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.