P — Human ServicesEIN: 560754599

Friends Homes INC

Greensboro, North Carolina

B+Health Score
66B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.07×
Peer Median7.39×
💰
$41.3M
Total Revenue
📊
$42.8M
Total Expenses
🏦
$45.9M
Net Assets
📋
$158.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.0%
Year-over-year change (2022 → 2023)
Net Margin
-3.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.07
Net assets divided by total expenses
Liabilities-to-Assets
77.5%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$41,313,832↓3%$42,829,838↑16%$204,449,008↑7%
2022$42,576,118↑18%$36,918,828↑8%$191,608,853↓2%
2021$36,183,617↑5%$34,087,382↑5%$195,306,442↑52%
2020$34,609,316↑8%$32,607,811↑10%$128,114,482↑37%
2019$32,172,223↑2%$29,653,628↑5%$93,443,811
2018$31,573,025↑10%$28,128,494↑3%$93,008,660↑5%
2017$28,593,851↓3%$27,391,592↑2%$88,390,724↑6%
2016$29,429,486↑11%$26,896,170↑5%$83,780,545↑3%
2015$26,595,628$25,505,681↑2%$81,323,432↓4%
2014$26,670,352↑9%$24,924,768↑2%$84,564,774↑4%
2013$24,491,389↓1%$24,350,387↓4%$81,478,749↑3%
2012$24,629,600$25,234,706$78,737,849

Frequently Asked Questions

What does Friends Homes INC do?▼

Friends Homes INC is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friends Homes INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Friends Homes INC has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Friends Homes INC generate?▼

Friends Homes INC reports $50.1M in annual revenue and holds $212.5M in total assets, based on IRS filings.

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