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Massachusetts · Nonprofit

FRIENDS DEVELOPMENT CORPORATION

FRIENDS DEVELOPMENT CORPORATION (Massachusetts) receives grants from 1 organization whose IRS filings report $558,333 to it, the largest being FRIENDS OF BOSTON'S HOMELESS INC ($558,333). 1 of them have funded it in more than one year.

$225k
Revenue FY2025
1
Funders on record
$558k
Grants received
$-93702
Net assets
1/1 repeat funderspeak grant-dependency 33%

Against its field

FRIENDS DEVELOPMENT CORPORATION is better cushioned than half of the 4,472 housing & shelter nonprofits its size.

Operating margin−14% · below the median
Months of reserve4.4mo · above the median
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 4,472 housing & shelter nonprofits $100k–$1M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($237k) Expenses 100 ($187k) Net assets 100 ($1k)2018 Revenue 90 ($214k) Expenses 117 ($219k) Net assets -392 ($-4097)2019 Revenue 119 ($282k) Expenses 135 ($253k) Net assets 2405 ($25k)2020 Revenue 93 ($221k) Expenses 130 ($243k) Net assets 252 ($3k)2021 Revenue 97 ($229k) Expenses 113 ($212k) Net assets 1875 ($20k)2022 Revenue 106 ($251k) Expenses 122 ($229k) Net assets 3906 ($41k)2023 Revenue 83 ($196k) Expenses 131 ($245k) Net assets -870 ($-9085)2024 Revenue 82 ($195k) Expenses 133 ($249k) Net assets -6059 ($-63260)2025 Revenue 95 ($225k) Expenses 136 ($256k) Net assets -8975 ($-93702)
'17'18'19'20'21'22'23'24'25
Revenue (95)Expenses (136)Net assets (-8975)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

37% of FRIENDS DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (37% for the typical peer).

This organization
Typical peer · 8,310 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$50k
17
$5k
18
$29k
19
$22k
20
$17k
21
$21k
22
$50k
23
$54k
24
$30k
25
4.4
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $66k → $53k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
1
1
1
1
1
1
1

From the IRS filings of FRIENDS DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation.

Where its funders are

100% of FRIENDS DEVELOPMENT CORPORATION's grant income comes from Massachusetts funders.

MA

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Massachusetts out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like FRIENDS DEVELOPMENT CORPORATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 18%Fundraising 0%

Governance

14
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 1 related entity

  • Friends of Boston's Homeless Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS DEVELOPMENT CORPORATION?
FRIENDS DEVELOPMENT CORPORATION (Massachusetts) receives grants from 1 organization whose IRS filings report $558,333 to it, the largest being FRIENDS OF BOSTON'S HOMELESS INC ($558,333). 1 of them have funded it in more than one year.
How many funders does FRIENDS DEVELOPMENT CORPORATION have?
IRS filings report 1 organization giving $558,333 in grants to FRIENDS DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of FRIENDS DEVELOPMENT CORPORATION?
FRIENDS OF BOSTON'S HOMELESS INC is the largest funder on record, with $558,333 in grants. The full list of funders is on this page.
How can an organization like FRIENDS DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. What this page cannot tell you · view filing