Education (B82) IRS Verified DX Registered 990 on File

FRIENDS FOR LIFE FOUNDATION INC

EIN: 55-0882734 · ROSWELL, GA 30076-1417 · United States · FY 2024 Data

3 out of 5 58 / 100 Based on 2+ years of filings

Financial strength (30%) 92/100

Reliability (20%) 55/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

he Mission of Friends For Life Foundation, Inc. is to support quality of life improvements for the disadvantaged in North Fulton, Georgia. This is accomplished by securing charitable contributions, gifts and donations to award scholarships and grants to members of our community.

Financial Overview — FY 2024

N/A

Total Revenue

N/A

Total Expenses

N/A

Net Assets

Employees

Program Expense Ratio N/A

Fundraising Efficiency 0.0%

Operating Reserve N/A

Liability-to-Asset 0.0%

Revenue Diversification N/A

Executive Compensation $0

Compared with Peers

FY 2023

Compared with 21,283 similar organizations (United States, Education, $100K–$1M in expenses), FY 2023.

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	93.3%	88.7%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	6.7%	8.8%	P10P90	Above 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%	1.9%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	18.6 mo	9.7 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.5%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	52.9%	90.2%	P10P90	Top quarter
Revenue growth Year over year revenue growth	3.8%	8.6%	P10P90
Expense growth Year over year expense growth	-33.2%	13.1%	P10P90
Surplus margin Surplus as a share of revenue	58.3%	2.3%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %
2024	N/A	N/A	N/A	—
2023	$398K	$166K	$258K	93.3%
2022	$383K	$248K	$201K	96.5%
2021	$127K	$63K	N/A	—

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Organization Details

EIN: 55-0882734
State: GA
City: ROSWELL
ZIP: 30076-1417
Classification: B82
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2005
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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