True Friends
True Friends reported $10.1 million in revenue and $8.5 million in expenses for calendar year 2024. Of every $100 it spent, $86.57 went to program services, $2.44 to management and general costs and $10.99 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 47.7% of the total. The highest compensation it reported for one person was $169,800 (PRESIDENT & CEO). 3 people received more than $100,000 in reportable compensation. Revenue rose 10% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $8.5MFor context, the median across 237 covered recreation & sports charities: $88.05 programs, $10.89 management, $1.06 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $10MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.4% | 10.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 11.0% | 1.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.20 | $0.05 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 45.7% | 25.2% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 47.7% | 61.0% |
| Highest reported compensation Part VII-A, columns D–F | $169,800 | $365,322 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.00% | 2.14% |
| People paid over $100,000 Part VII, line 2 | 3 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 31.6 | 14.9 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseResidential campprogram provides opportunities for people with and without disabilities to enjoy the benefit from year-round, outdoor recreational and leisure activities offered at camp friendship, camp eden wood and camp courage. Traditional camp, resort activities and specialty programs help create new skills, build confidence, improve self-esteem and promote understanding, acceptance, and appreciation for diversity in human beings. Day camp and winter camp programs are also available
Education and training servicesprogram provides experiential learning and environmental education services for schools, youth at risk, and other nonprofit groups and transitional employment and work related training for people with and without disabilities. High and low ropes courses, zip lines and climbing towers are utilized to build confidence and develop team dynamics
Therapy and adaptive ridingprogram provides hippotherapy, therapeutic riding, and horsemanship experiences for individuals with disabilities, both children and adults. The riding therapy takes place at camp courage. Therapy and adaptive riding provides opportunities for individuals of all abilities to experience exceptional equine-assisted activities by facilitating the horse camp programs and special respite programming
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Director/trustee, officer, 32.00 hrs/week | $169,800 | $0 | $0 | $169,800 |
| SR. DIRECTOR OF OPERATIONS Highest compensated employee, 40.00 hrs/week | $111,682 | $0 | $0 | $111,682 |
| SR. DIRECTOR OF DEVELOPMEN Highest compensated employee, 40.00 hrs/week | $109,338 | $0 | $0 | $109,338 |
3 people received more than $100,000 in reportable compensation from True Friends (Part VII, line 2). Compensation of current officers, directors and key employees totaled $391K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5385
- Volunteers Part I, line 6219
Private foundation grants it received
31 private foundations reported grants to True Friends totaling $1.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from True Friends's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for True Friends, you can publish a response that is linked from this page.
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Of every $100 True Friends spent in 2024, $86.57 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Coastal Athletic AssociationRichmond, VA · revenue $10M · programs 90.4% · FY2025
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- Special Olympics Southern CaliforniaLong Beach, CA · revenue $9.8M · programs 79.7% · 2024
- Richmond Strikers Soccer ClubGlen Allen, VA · revenue $10M · programs 89.5% · FY2025
- The Oaks Park AssociationPortland, OR · revenue $9.4M · programs 76.9% · 2025
All recreation & sports charities · Largest charities in Minnesota
Questions people ask
How much of True Friends's spending goes to programs?
In calendar year 2024, True Friends reported that 86.6% of its $8.5 million in expenses went to program services, 2.4% to management and general and 11.0% to fundraising (Form 990, Part IX).
How much does True Friends pay its top executive?
The largest total compensation True Friends reported for one person in calendar year 2024 was $169,800, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does True Friends get its money?
Of $10.1 million in revenue in calendar year 2024, 45.7% came from contributions and grants and 47.7% from program service revenue (Form 990, Part VIII).
Is True Friends a registered charity?
The IRS lists EIN 41-1543013 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202542979349301209 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202402759349301255 · read the filing
- 2022: Form 990 for calendar year 2022, object 202302489349301010 · read the filing
- 2021: Form 990 for calendar year 2021, object 202222859349301472 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349317125 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003189349310265 · read the filing
All filings for EIN 41-1543013: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.