Texas · Nonprofit
FRIENDS WITH BENEFITS
FRIENDS WITH BENEFITS (Texas) receives grants from 4 organizations whose IRS filings report $23,020 to it, the largest being MIGHTYCAUSE CHARITABLE FOUNDATION ($15,590). 2 of them have funded it in more than one year.
- Revenue FY2025
- $96k
- Funders on record
- 4
- Grants received
- $23k
- Net assets
- $42k
What Friends With Benefits does
Mission
Friends With Benefits (FWB) is a 501(c)(3) in Denton, Texas that benefits North Texas charitable organizations that better our local communities, schools and/or neighborhoods. Our goal is to organize fun events in Denton, Texas to raise funds and awareness to North Texas charitable organizations and causes.
As stated on its FY2025 Form 990-EZ.
Programs
Assisted with events for local non-profits
$43,318 spent95% of program spendingProvided educational scholarships to local musicians and artists. Each category has an educational scholarship and a working artist scholarship.
$2,500 spentof which $2,500 as grants5% of program spending
The 2 programs described on its FY2025 Form 990-EZ. Program spending in total: $45,818.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $29k to $36k (+23%).
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.
77% of FRIENDS WITH BENEFITS’s revenue is contributions — about as donation-reliant as the typical peer (100% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $164 → $8k.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% 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 WITH BENEFITS’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 WITH BENEFITS leans on a few funders — its largest provides 68% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% 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 WITH BENEFITS.
Largest funder’s share by year: 2020 100% · 2021 100% · 2022 53% · 2023 98% — diversifying over time.
“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 WITH BENEFITS draws 100% of its grant income from funders outside Texas, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $7k arriving through sponsors registered in 2 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 WITH BENEFITS has grown faster than three-quarters of the 9,787 human services nonprofits its size.
this organization peer median middle 50% of peers· 9,787 human services nonprofits under $100k, FY2025
Government funding FRIENDS WITH BENEFITS receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1k on record.
- STUDENT BODY ACTIVITY$640
- STUDENT SUPPORT SUPPLIES$612
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like FRIENDS WITH BENEFITS
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 Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for FRIENDS WITH BENEFITS: 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 WITH BENEFITS?
- FRIENDS WITH BENEFITS (Texas) receives grants from 4 organizations whose IRS filings report $23,020 to it, the largest being MIGHTYCAUSE CHARITABLE FOUNDATION ($15,590). 2 of them have funded it in more than one year.
- How many funders does FRIENDS WITH BENEFITS have?
- IRS filings report 4 organizations giving $23,020 in grants to FRIENDS WITH BENEFITS, 2 of which have funded it in more than one year.
- Who is the largest funder of FRIENDS WITH BENEFITS?
- MIGHTYCAUSE CHARITABLE FOUNDATION is the largest funder on record, with $15,590 in grants. The full list of funders is on this page.
- How can an organization like FRIENDS WITH BENEFITS find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. 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 With Benefits →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 4 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