Friends of Ferris
Nonprofit profile at a glance
- EIN
- 205856266
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2013
- Location
- Spokane, WA, USA
- Phone
- 5094555477
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $72,598
- Expenses
- $77,474
- Assets
- $82,208
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- KURT STRAUSS (PRESIDENT)
People named in this filing
- KIM LOUTHIAN (BOARD MEMBER)
- MIKE ERICKSON (TREASURER)
- KURT STRAUSS (PRESIDENT)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Enhance and enrich student life through extra-curricular activities.
What it reported doing in 2024
The purpose of friends of ferris is to support activities that enhance and enrich student life at ferris high school and encourage participation in extra curricular activities. These activities include, but are not limited to: theater, music, technology, academics, athletic, dance, art, social activities and volunteerism. Some specific projects include: donated funds to the saxon pantry which provides needy students with food to take home after school donated funds to the student office for the free and reduced meal program that subsidizes lunches for students who cant afford them purchased t-shirts for the american sign language club for student members who could not afford them purchased caps and gowns for the counseling office, so that they can loan them out each year to students who cant afford to pay for them purchased an inflatable movie screen for the Washington drug free youth club so that they can show movies on the lawn in the spring for students, free of charge funded a dinner for cyber patriot club members during their trip to the state competition funded the purchase of warm-ups for the girls softball team funded t-shirts for participants in the saxon classic baseball special needs game funded a scholarship for student who could not afford to pay for girls summer basketball funded scholarships for students who could not afford to pay for boys summer basketball purchased basketball shoes for players who could not afford them
Operating model
- Revenue model
- Earned-program. 61% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 93% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.7%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -6.7%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 1.06; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.4% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 5.3% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $76K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2011 to 2024
- Contacts: How to reach this organization
- 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 — Sustainability: Operating margin scored 34/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.