EHealth CareEIN: 742550748· Ruling Year: 1989

Friends For Life

Waco, Texas

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 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.34×
Peer Median29.34×
💰
$3.8M
Total Revenue
📊
$3.5M
Total Expenses
🏦
$1.2M
Net Assets
📋
$1.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+19.8%
Year-over-year change (2022 → 2023)
Net Margin
+7.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.34
Net assets divided by total expenses
Liabilities-to-Assets
55.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,757,97520%$3,476,21910%$2,657,5208%
2022$3,137,2991%$3,169,09216%$2,465,66716%
2021$3,158,75810%$2,738,82710%$2,118,3947%
2020$2,869,9036%$3,056,65712%$2,266,5994%
2019$2,711,49315%$2,738,85515%$2,182,3524%
2018$2,350,649$2,389,9457%$2,266,5827%
2017$2,347,4004%$2,230,0414%$2,449,3703%
2016$2,251,43210%$2,331,9246%$2,514,8686%
2015$2,488,3163%$2,487,3748%$2,663,4381%
2014$2,554,78433%$2,298,18217%$2,634,4093%
2013$1,917,9302%$1,969,1574%$2,548,2615%
2012$1,957,29810%$1,892,7154%$2,680,9213%
2011$1,777,241$1,970,591$2,778,116

Frequently Asked Questions

What does Friends For Life do?

Friends For Life is a health care nonprofit organization based in Texas. It is classified under NTEE code E22N and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friends For Life financially healthy?

Based on our 9-metric Financial Health Score model, Friends For Life 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 For Life generate?

Friends For Life reports $4.8M in annual revenue and holds $3.5M in total assets, based on IRS filings.

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