Friends of Reed Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Friends of Reed, Inc is a 501 (3) (c) that exists to support the students and staff of Walter Reed with enrichments and beautification of the school by fundraising programs and events.
- Income
- $158,667
- Spending
- $161,089
- Reserves
- 4.7 months of spending
- Largest source of income
- other income, 68%
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 69 out of 100. Higher than 33% of charities in its peer group (education, under $250k).
Reserves
20 of 35Spendable reserves would cover 4.7 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $48,362 spent. Instrument Program - Band and Orchestra funds for competing, traveling, and instrument repair.
- $35,760 spent. 8th Grade Activities - Luncheon, Dance, Grad Night
- $52,049 spent. School upgrades - created and painted murals around the school to brighten up the buildings and make the school more welcoming. Also includes, beautification, new chromebooks and parts, banners for school promotion, equipment for school grounds.
- $6,192 spent. Student Enrichments - 6th grade Panners, 7th grade lab dissections, field trips
- $1,407 spent. Teacher Appreciation - supplied a luncheon for the teachers and staff to show our appreciation
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.