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Passes our checks

Friendship Village of Tempe Foundation Inc

EIN 86-0564702 · Tempe, AZ

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

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong92 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE FOUNDATION SUPPORTS FRIENDSHIP VILLAGE OF TEMPE INC BY PROVIDING ASSISTANCE TO IMPECUNIOUS RESIDENTS AND BY PROVIDING EDUCATIONAL ASSISTANCE TO VILLAGE EMPLOYEES.

Income
$641,681
Spending
$268,305
Spent on programs
79%
Reserves
Over 10 years of spending
Largest source of income
donations and private grants, 69%
Employees
0
Volunteers
16

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover more than ten years of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 58% of income.

  • Income trend

    15 of 15

    Income rose 30% on the year before.

  • Spending floor

    15 of 15

    79% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 92 out of 100.

  • Independent board

    25 of 25

    13 of 13 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

    7 of 7

    Has a 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.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • 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, 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 (4)
  1. $69,802 spent. PROVIDE FUNDING FOR PROJECTS THAT ENHANCE RESIDENT SERVICES AND IMPROVE DAILY LIVING. THESE SERVICES INCLUDE IMPROVEMENTS IN COMMON AREAS, ASSISTED LIVING DINING SERVICES, AND ADVANCED TECHNOLOGY SYSTEMS. THE FOUNDATION STRIVES TO ENHANCE RESIDENT SERVICES AND PROVIDE A COMFORTABLE HOME WITH FACILITIES THAT THE RESIDENTS ENJOY. THESE PROJECTS CAN INCLUDE PROVIDING SHADE COVERS, MISTERS, LIGHTING IMPROVEMENTS AND REPLACING EQUIPMENT UTILIZED BY ALL THE RESIDENTS.
  2. $60,700 spent. PROVIDING GRANTS TO RESIDENTS WHO HAVE EXPERIENCED FINANCIAL DIFFICULTIES.
  3. $60,000 spent. FRIENDSHIP VILLAGE EMPLOYS SEVERAL LOW-INCOME EMPLOYEES WHO NEED FINANCIAL ASSISTANCE TO FURTHER THEIR EDUCATION PRIMARILY THROUGH MESA COMMUNITY COLLEGE OR ARIZONA STATE UNIVERSITY. THE VILLAGE SETS SELECTION STANDARDS WHICH ESSENTIALLY ALLOW GRANTS TO ALL EMPLOYEES WHO SUCCESSFULLY COMPLETE QUALIFYING COURSE WORK AND CERTIFICATE PROGRAMS. THIS ENABLES EMPLOYEES TO GET CERTIFICATIONS IN AREAS LIKE REFRIGERATION AND NURSING.
  4. $21,021 spent. PROVIDE FUNDING FOR PROJECTS THAT ENHANCE RESIDENT HEALTHCARE. THIS EXPENDITURE INCLUDES PROVIDING HEALTH CARE EQUIPMENT AND IMPROVEMENTS IN COMMON AREAS, RESIDENCES, AND THE NURSE PRACTITIONERS OFFICE. PROVIDE CULTURAL OPPORTUNITIES TO THE RESIDENTS BY FUNDING THE LIBRARY, MUSIC PROGRAM AND MOSAICS. PROVIDE IMPROVEMENTS THAT INCREASE THE SAFETY OF THE RESIDENTS.

Source: Form 990 for the year ending December 31, 2025, 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 October 13, 2026.

  2. 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 October 13, 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 October 13, 2026.

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

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

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

    Recognized by the IRS since September 1987.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.