Friends Grow Friends Foundation Inc
Nonprofit profile at a glance
- EIN
- 825209852
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Fair Haven, NJ, USA
- Phone
- 9177151601
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $119,590
- Expenses
- $73,363
- Assets
- $58,337
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Nicole Monat (President and Founder)
People named in this filing
- Philip Strobel (Clinical Supervisor)
- Jeffrey Monat (Trustee)
- Nicole Monat (President and Founder)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Friends Grow Friends Foundation, Inc. is organized exclusively for charitable and educational purposes, specifically to support the social development of children with autism and related disabilities by providing structured social skills groups, community engagement opportunities, and evidence-based programming designed to improve peer interaction, communication, and emotional regulation. Friends Grow Friends also runs parent support groups featuring professional guest speakers.
What it reported doing in 2025
Successfully delivered year-round evidence-informed social skills programming that strengthened friendships, confidence, and community inclusion, serving children and young adults with special needs, ~75 individuals
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 82
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.6%; rating input score 62
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 38.7%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 0.8; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 37%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 4.3% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 30.3% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 98.7% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 61.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $74K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- 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.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Officer compensation ratio scored 9/100.