Education
(B90Z)
IRS Verified
DX Registered
990 on File
FRIENDS OF PUBLIC EDUCATION INC
Financial strength (30%)
86/100
Reliability (20%)
55/100
Effectiveness (25%)
83/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The purpose of Friends of North Beach is to enhance the educational experience of each child by funding additional teachers, support staff, and innovative programs in our school. In the primary grades, Friends will fund additional support staff to allow our teachers to focus on instruction while providing assistance to all students. In the intermediate grades, Friends will fund extended programs in Technology, Science, Reading, Writing, and Math. These programs give children hands on learning experience while reinforcing lessons learned in class. Through the commitment and generosity of our parents, the organization is able to finance these programs.
Financial Overview — FY 2024
$143K
Total Revenue
$163K
Total Expenses
$149K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.3%
Fundraising Efficiency
0.0%
Operating Reserve
11.00x
Liability-to-Asset
3.6%
Revenue Diversification
93.7%
Compared with Peers
FY 2024
Compared with 15,968 similar organizations
(United States, Education, $100K–$1M 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
|
89.3% | 89.3% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.7% | 8.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 2.5% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.0 mo | 9.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.6% | 0.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.7% | 89.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-7.0% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-6.8% | 9.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-13.7% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $143K | $163K | $149K | 89.3% | 0 |
| 2023 | $154K | $175K | $169K | 92.7% | 0 |
| 2022 | $146K | $135K | N/A | — | 0 |
| 2021 | $94K | $125K | N/A | — | 0 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.