72
True Friends
Recreation & Sports · Annandale, Minnesota
10509 108Th St Nw, Annandale, MN 55302-2912
EIN: 411543013· Founded: May 1986· 40 years active· Filing Year: 2023
Annual Revenue
$13.3M
Total Expenses
$8.1M
Total Assets
$21.9M
Program Spending
55%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$374K
4.6% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$3.7M
Total Payroll
$4.1M
51% of total expenses
Where the Money Goes
55%
Programs: 55%
Payroll: 51%
Other overhead: 45%
Program Revenue$4.4M (34%)
Total Expenses$8.1M (61%)
Payroll$4.1M (51%)
Overhead (non-program)45%
Trust Score Breakdown
Program Spending Ratio
55% of expenses go to programs
Revenue & Stability
$13.3M annual revenue
Executive Compensation
$374K total officer comp (4.6% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$21.9M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.