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Passes our checks

Friends of Folsom

EIN 81-0931466 · Folsom, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak48 out of 100GovernanceGood72 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

OUR FLAGSHIP PROGRAM IS OUR ANNUAL TURKEY DRIVE WITH CLOSE TO 80,000 FAMILIES FED OVER THE LAST 15 YEARS. FRIENDS OF FOLSOM HAS AN ANNUAL ADOPT A-FAMILY PROGRAM FOR CHRISTMAS THAT HAS ENABLED US TO PROVIDE CHRISTMAS GIFTS FOR SEVERAL HUNDRED FAMILIES OVER THE LAST FEW YEARS AS WELL. FRIENDS OF FOLSOM DOES BOTH VALENTINES DAY AND EASTER PROGRAMS TO BENEFIT BOTH YOUTH AND ELDERLY IN OUR HOME COMMUNITY. WE ARE HEAVILY INVOLVED WITH BLESSINGS IN A BACKPACK TO ENSURE STUDENTS IN OUR COMMUNITY DO NOT GO HUNGRY BOTH WHILE SCHOOL IS IN SESSION AND WHEN IT IS NOT. WE ALSO ACT AS A RESOURCE DURING EMERGENCY EVENTS (SUCH AS FIRES AND NATURAL DISASTERS) IN THE COMMUNITY AS THEY ARISE. WE HAVE BEEN ABLE TO FUNDRAISE USING OUR NETWORK OF VOLUNTEERS, AND HAVE HELPED NUMEROUS LOCAL CHARITIES, FAMILIES, INDIVIDUALS AND CAUSES AS WELL AS SOME NATIONALLY AND ABROAD. BY HAVING NO PAID MEMBERS WE CAN MAKE DONATIONS GO FURTHER AND MAKE MORE OF AN IMPACT IN OUR COMMUNITY, OUR DONORS ARE MAINLY LOCAL BUSINESS

Income
$160,889
Spending
$184,333
Spent on programs
87%
Reserves
0.6 months of spending
Largest source of income
donations and private grants, 69%
Employees
0
Volunteers
75

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 48 out of 100. Higher than 14% of charities in its peer group (food and agriculture, under $250k).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.6 months of spending.

  • Debt

    20 of 20

    It owes 4% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 15% of income.

  • Income trend

    5 of 15

    Income fell 14% on the year before.

  • Spending floor

    15 of 15

    87% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 72 out of 100. Higher than 69% of charities in its peer group (food and agriculture, under $250k).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, 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 (1)
  1. $160,455 spent. 10,000 TURKEYS WERE DONATED TO THE SACRAMENTO FOOD BANK WHICH WERE THEN DISTRIBUTED TO RESIDENTS IN SACRAMENTO COUNTY, EARLY NOVEMBER 2024. ADOPTED NEARLY 200 INDIVIDUALS, ROUGHLY 75-100 FAMILIES THAT REQUESTED ASSISTANCE FOR THE HOLIDAYS. HELPED A VETERAN GET A PROSTHETIC LEG AND HELP HIM WITH THE TRANSITION.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2021 for not filing returns for three years, and reinstated on May 15, 2021.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2023.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. 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.