100 Friends

Nonprofit profile at a glance

EIN
260256270
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-EZ 2019
Location
Newport Beach, CA, USA
Phone
4154250136
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$207,013
Expenses
$208,822
Assets
$75,854
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • MARC GOLD (President)

People named in this filing

  • MARC GOLD (President)
  • RAMESH BALAKRISHNAN (Treasurer)
  • TOM ADAME DDS (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide aid for poor and to educate us children: the 100 friends project aims to bring direct assistance by means of philanthropic travel to many of the world's most needy people. I personally travel to developing countries to carry out humanitarian missions annually and put the money to work in the most compassionate, appropriate, culturally compatible, constructive, and practical manner possible, wherever we see the most deserving need. When at home in the us, i work with thousands of young people to involve them in the project activitites, thus planting seeds for future humanitarian work.

What it reported doing in 2024

Program service accomplishments made to overseas organizations, individuals and families: 1. Medical & food for individuals & families living in the philippines, india, cambodia, afghanistan, nepal, tibet, vietnam & indonesia. 2. Assistance to children and families living in villages of rural cambodia, philippines, tibet and vietnam (scholarships, food, bicycles, medical etc.)3. Educational, nutrition, social and medical services program for 245 children and their families in gaza, afghanistan and haiti. 4. Support for rice distribution & scholarships for children & families in vietnam.5. Family assistance for recipients in tibet, turkey, morocco & the philippines.6. Support for village and slum schools and orphanages in india, cambodia, tibet, and vietnam.7. Support for children scholarships and nutrition in cambodia, vietnam, tibet & myanmar.8. Funds provided to support cambodian and vietnamese families living in rural areas.9. Stipends provided for university students in tibet conducting educational instruction for children in tibet.10. Small business support (income generation projects) for individuals in indonesia, the philippines and cambodia.the total amount given to various organizations is $133,206the total amount of to individuals and families is $18,686 total amounts of grants/expenses given is $151,892

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 83
  • Accountability: 76
  • Sustainability: 41
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.6%; rating input score 71
  • Program expense ratio: 69.9%; rating input score 70
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 5th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0.9%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.36; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 1.3% per year; rating input score 100; 36th percentile among comparable filings
  • Revenue growth: -1.1% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: 3% per year; rating input score 100; 38th percentile among comparable filings

Details

  • Where the money goes: 70.6% of revenue deployed · 69.9% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $146K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 16 of 17 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • Review — Transparency & Controls: Foreign grants require schedule f did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.