California · Nonprofit
FRIENDS OF FAST
FRIENDS OF FAST (California) receives grants from 21 organizations whose IRS filings report $1,911,336 to it, the largest being Afeyan Family Foundation ($667,000). 9 of them have funded it in more than one year.
- Revenue FY2024
- $2.3M
- Funders on record
- 21
- Grants received
- $1.9M
- Net assets
- $200k
What Friends of Fast does
Mission
The primary exempt purpose of Friends of Fast is to foster scientific advancement in armenia and beyond, and to contribute to armenia's realization of a dynamic future in science and technology.
As stated on its FY2024 Form 990.
Program
Friends of Fast partners with eligible organizations in armenia to strengthen the nation's scientific research and stem education ecosystem, creating a pipeline of stem professionals from high school through advanced research.
$2,082,425 spentof which $2,058,850 as grants$2,285,170 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $2,082,425.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $59k to $213k (+258%).
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.
106% of FRIENDS OF FAST’s revenue is contributions — more reliant on donations than three-quarters of its peers (67% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Syuzanna Shamakhyan
Director & CEO
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2023 and FY2024 filings.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
8 of 21 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FRIENDS OF FAST’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FRIENDS OF FAST leans on a few funders — its largest provides 35% of grant income and the top three 66%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
26% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDS OF FAST.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
FRIENDS OF FAST draws 92% of its grant income from funders outside California, across 6 states in all.
Funder states come from each funder’s own filing. $496k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FRIENDS OF FAST runs a healthier operating margin than half of the 482 science & tech nonprofits its size.
this organization peer median middle 50% of peers· 482 science & tech nonprofits $1M–$10M, FY2024
Organizations like FRIENDS OF FAST
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
98% of spending goes to programs.
Governance
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for FRIENDS OF FAST: 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.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FRIENDS OF FAST?
- FRIENDS OF FAST (California) receives grants from 21 organizations whose IRS filings report $1,911,336 to it, the largest being Afeyan Family Foundation ($667,000). 9 of them have funded it in more than one year.
- How many funders does FRIENDS OF FAST have?
- IRS filings report 21 organizations giving $1,911,336 in grants to FRIENDS OF FAST, 9 of which have funded it in more than one year.
- Who is the largest funder of FRIENDS OF FAST?
- Afeyan Family Foundation is the largest funder on record, with $667,000 in grants. The full list of funders is on this page.
- How can an organization like FRIENDS OF FAST find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Friends of Fast →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 21 funders 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. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing