Charity Search / FRIENDS OF NEW TROY
Recreation & Sports (N30) 990 on File

FRIENDS OF NEW TROY

EIN: 20-3885998 · NEW TROY, MI 49119-0125 · United States · FY 2024 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 87/100
Reliability (20%) 50/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$135K
Total Revenue
$67K
Total Expenses
$219K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 88.6%
Fundraising Efficiency 18.3%
Operating Reserve 39.04x
Liability-to-Asset N/A
Revenue Diversification 89.7%
Compared with Peers
FY 2024
Compared with 9,148 similar organizations (United States, Recreation & Sports, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
88.6% 92.4%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
18.3% 39.7%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
39.0 mo 9.6 mo
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
89.7% 85.1%
P10P90
Below median
Revenue growth
Year over year revenue growth
114.0% 0.9%
P10P90
Expense growth
Year over year expense growth
7.6% 0.8%
P10P90
Surplus margin
Surplus as a share of revenue
50.2% 8.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $135K $67K $219K 88.6%
2023 $63K $63K $151K 89.2%
2022 $43K $36K $151K 76.8%
2021 $30K $23K N/A 1
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Organization Details
EIN
20-3885998
State
MI
City
NEW TROY
ZIP
49119-0125
Classification
N30
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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