Civic Intelligence

Friends Council on Education

EIN 23-1352147 • 501(c)3 • Philadelphia, PA

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Profile

The mission of the friends council on education is to provide leadership in drawing friends schools together in unity of spirit and cooperative endeavors. The council's work nurtures the quaker life of schools, strengthens the network of support across schools, promotes friends education through consultations, programs and publications and assists in the establishment of new friends schools. The council helps friends schools maintain their quaker identity and ethos, and their relationship with the religious society of friends. The council promotes professional growth for trustees, heads, administrators and faculty to further the goals of quaker education and serves as a voice for friends schools in the national dialogue on education.

1507 Cherry StreetPhiladelphia, PA 19102

www.friendscouncil.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.42x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

95th percentile

6.70x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

54th percentile

6.1%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

53rd percentile

$195,595

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 15.4% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

63rd percentile

8.6%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

55th percentile

9.5%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$20,034,180

Up $1,589,728 (+8.6%) from 2024

Liabilities

Up

$8,509,898

Up $847,049 (+11%) from 2024

Net Assets

Up

$11,524,282

Up $742,679 (+6.9%) from 2024

Operations
Liabilities / Revenue95th percentileNet Margin54th percentile

Revenue

Up

$1,269,375

Up $110,033 (+9.5%) from 2024

Expenses

Up

$1,191,657

Up $191,783 (+19%) from 2024

Net Income

Down

$77,718

Down $81,750 (-51%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $4,573,704Liabilities 2011: $10,296Net Assets 2011: $4,563,4082011Assets 2012: $4,500,567Liabilities 2012: $13,808Net Assets 2012: $4,486,7592012Assets 2013: $5,095,944Liabilities 2013: $15,799Net Assets 2013: $5,080,1452013Assets 2014: $6,607,187Liabilities 2014: $34,705Net Assets 2014: $6,572,4822014Assets 2015: $6,914,942Liabilities 2015: $6,101Net Assets 2015: $6,908,8412015Assets 2016: $6,913,484Liabilities 2016: $28,345Net Assets 2016: $6,885,1392016Assets 2017: $7,631,062Liabilities 2017: $133,474Net Assets 2017: $7,497,5882017Assets 2018: $8,019,375Liabilities 2018: $70,752Net Assets 2018: $7,948,6232018Assets 2019: $8,873,594Liabilities 2019: $183,014Net Assets 2019: $8,690,5802019Assets 2020: $9,634,959Liabilities 2020: $1,022,392Net Assets 2020: $8,612,5672020Assets 2021: $11,570,635Liabilities 2021: $775,395Net Assets 2021: $10,795,2402021Assets 2022: $11,735,453Liabilities 2022: $2,510,426Net Assets 2022: $9,225,0272022Assets 2023: $13,403,403Liabilities 2023: $3,481,250Net Assets 2023: $9,922,1532023Assets 2024: $18,444,452Liabilities 2024: $7,662,849Net Assets 2024: $10,781,6032024Assets 2025: $20,034,180Liabilities 2025: $8,509,898Net Assets 2025: $11,524,2822025

Highlighted filing

2025

Assets$20,034,180
Liabilities$8,509,898
Net Assets$11,524,282
Open 2025 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0Revenue 2011: $2,423,828Expenses 2011: $636,278Net Income 2011: $1,787,5502011Revenue 2012: $801,140Expenses 2012: $724,261Net Income 2012: $76,8792012Expenses 2013: $825,1842013Revenue 2014: $2,114,425Expenses 2014: $917,192Net Income 2014: $1,197,2332014Revenue 2015: $1,251,392Expenses 2015: $896,866Net Income 2015: $354,5262015Revenue 2016: $1,182,474Expenses 2016: $914,047Net Income 2016: $268,4272016Revenue 2017: $1,058,170Expenses 2017: $987,498Net Income 2017: $70,6722017Revenue 2018: $1,103,070Expenses 2018: $997,976Net Income 2018: $105,0942018Revenue 2019: $1,531,313Expenses 2019: $1,009,993Net Income 2019: $521,3202019Revenue 2020: $943,934Expenses 2020: $933,034Net Income 2020: $10,9002020Revenue 2021: $1,018,362Expenses 2021: $905,889Net Income 2021: $112,4732021Revenue 2022: $1,059,563Expenses 2022: $883,727Net Income 2022: $175,8362022Revenue 2023: $1,167,622Expenses 2023: $1,033,519Net Income 2023: $134,1032023Revenue 2024: $1,159,342Expenses 2024: $999,874Net Income 2024: $159,4682024Revenue 2025: $1,269,375Expenses 2025: $1,191,657Net Income 2025: $77,7182025

Highlighted filing

2025

Revenue$1,269,375
Expenses$1,191,657
Net Income$77,718
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,034,180
Liabilities
$8,509,898
Net assets
$11,524,282
Revenue
$1,269,375
Expenses
$1,191,657
Net income
$77,718
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$20.0$8.51$11.5$1.27$1.19$0.08
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.4$7.66$10.8$1.16$1.00$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$3.48$9.92$1.17$1.03$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$2.51$9.23$1.06$0.88$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$0.78$10.8$1.02$0.91$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.63$1.02$8.61$0.94$0.93$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.87$0.18$8.69$1.53$1.01$0.52
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.02$0.07$7.95$1.10$1.00$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.63$0.13$7.50$1.06$0.99$0.07
2016Detailed filing. Detailed filing data is available for this year.$6.91$0.03$6.89$1.18$0.91$0.27
2015Detailed filing. Detailed filing data is available for this year.$6.91$0.01$6.91$1.25$0.90$0.35
2014Detailed filing. Detailed filing data is available for this year.$6.61$0.03$6.57$2.11$0.92$1.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.10$0.02$5.08$0.83
2012Summary only. Only limited summary data is available for this year.$4.50$0.01$4.49$0.80$0.72$0.08
2011Summary only. Only limited summary data is available for this year.$4.57$0.01$4.56$2.42$0.64$1.79
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 23, 2026
Return Version
2024v5.5
Gross Receipts
$1,269,375
Mission and Program Overview

Mission

The mission of the friends council on education is to provide leadership in drawing friends schools together in unity of spirit and cooperative endeavors. The council's work nurtures the quaker life of schools, strengthens the network of support across schools, promotes friends education through consultations, programs and publications and assists in the establishment of new friends schools. The council helps friends schools maintain their quaker identity and ethos, and their relationship with the religious society of friends. The council promotes professional growth for trustees, heads, adminstrators and faculty to further the goals of quaker education and serves as a voice for friends schools in the national dialogue on education.

The mission of the friends council on education is to provide leadership in drawing friends schools together in unity of spirit and cooperative endeavors. The council's work nurtures the quaker life of schools, strengthens the network of support across schools, promotes friends education through consultations, programs and publications and assists in the establishment of new friends schools. The council helps friends schools maintain their quaker identity and ethos, and their relationship with the religious society of friends. The council promotes professional growth for trustees, heads, administrators and faculty to further the goals of quaker education and serves as a voice for friends schools in the national dialogue on education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,595,732$13,451,779▲ $856,047
Savings and Temporary Cash Investments$5,623,430$6,144,031▲ $520,601
Cash and Non-Interest-Bearing Accounts$198,234$387,695▲ $189,461
Prepaid Expenses and Deferred Charges$7,601$39,374▲ $31,773
Accounts Receivable$6,246$9,356▲ $3,110
Land, Buildings, and Equipment, Net$2,574$1,215▼ $1,359
Pledges and Grants Receivable$10,635$730▼ $9,905
Total Assets$18,444,452$20,034,180▲ $1,589,728
Liabilities
Other Liabilities$7,606,499$8,435,429▲ $828,930
Accounts Payable and Accrued Expenses$56,350$74,469▲ $18,119
Total Liabilities$7,662,849$8,509,898▲ $847,049
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,985,656$7,417,841▲ $432,185
Net Assets Without Donor Restrictions$3,795,947$4,106,441▲ $310,494
Total Net Assets Fund Balance$10,781,603$11,524,282▲ $742,679
Total Liabilities and Net Assets / Fund Balance$18,444,452$20,034,180▲ $1,589,728

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,215$9,719$10,934

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$10,395,916$73,018▲ $1,061,413$430,581$11,099,766
2023$9,599,934$121,276▲ $1,090,973$416,267$10,395,916
2022$8,838,278$212,202▲ $940,464$391,010$9,599,934
2021$10,395,507$197,157▼ $1,400,121$354,265$8,838,278
2020$8,285,377$85,522▲ $2,393,279$368,669$10,395,509
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Drew SmithExecutive DirectorFT$168,854$26,741$168,854
Alex HansonExecutive Director-friends CollaborativeFT$105,817$20,438$126,255

Board Members and Trustees

NameTitle
Anne HoutmanDirector
Beth JohnsonDirector
Brenda CrawleyDirector
Bryan K GarmanDirector
Celeste PayneDirector
Christian AcemahDirector
Christopher KerrDirector
Crissy CceresDirector
Dana WeeksDirector
Dorothy LpezDirector
Earl SissellDirector
Jay RappDirector
Karen CumberbatchDirector
Karyn Robinson PaytonDirector
Kathryn Park CookDirector
Kenneth AldridgeDirector
Kiri HarrisDirector
Maggie ChilesDirector
Margaret SayersDirector
Michelle HollandDirector
Whitney ThompsonDirector
Toni Graves WilliamsClerk
Kirk SmothersSecretary
Matthew H BradleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$315,043
Program Service Revenue
$551,934
Investment Income
$402,398
Other Revenue
$0
All Other Contributions
$244,326
Change in Net Assets
$77,718

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,269,375
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$664,961
Total Revenue per Audited Statements
$1,934,336
Total Revenue per Form 990
$1,269,375
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$537,280
Other Expenses$377,587
Grants and Similar Amounts Paid$276,790
Total Fundraising Expense$70,525
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$276,790--$276,790
Other Salaries and Wages$232,919$12,940$12,940$258,799
Current Officers, Directors, Trustees, and Key Employees$178,774$9,932$9,932$198,638
Travel-$37,770-$37,770
Payroll Taxes$29,601$1,645$1,645$32,891
All Other Expenses-$31,188-$31,188
Other Employee Benefits$22,685$1,260$1,260$25,205
Pension Plan Contributions$19,573$1,087$1,087$21,747
Fees for Services Accounting-$17,556-$17,556
Other Expenses$86,257$15,539$43,661$15,539
Office Expenses$6,472$8,542-$15,014
Occupancy-$10,649-$10,649
Fees for Services Other-$9,500-$9,500
Conferences and Meetings-$5,440-$5,440
Depreciation Depletion-$1,359-$1,359
Total Functional Expenses$956,725$164,407$70,525$1,191,657

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,191,657
Total Expenses per Audited Statements$1,191,657
Total Expenses per Form 990$1,191,657
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Westtown SchoolWest Chester, PA-Financial Aid$35,995
Friends Central SchoolWynnewood, PA-Financial Aid$17,325
Friends Select SchoolPhiladelphia, PA-Financial Aid$17,210
Abington Friends SchoolJenkintown, PA-Financial Aid$12,600
Germantown Friends SchoolPhiladelphia, PA-Financial Aid$12,600
Wilmington Friends SchoolWilmington, DE-Financial Aid$12,600
George SchoolNewtown, PA-Financial Aid$11,025
Friends School Mullica HillMullica Hill, NJ-Financial Aid$9,450
Newtown Friends SchoolNewtown, PA-Financial Aid$7,875
Buckingham Friends SchoolLahaska, PA-Financial Aid$6,300
Sandy Spring Friends SchoolSandy Spring, MD-Nfef Tuition Aid$5,840
Stratford Friends SchoolNewtown Square, PA-Ravdin Fund$5,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Payable$8,435,429
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Organization's process to review form 990 the executive director and director of finance review the form 990 and approve the final draft. The final draft is circulated to the board of directors before filing.”

Form 990, Part VI, Section B, Line 12C

“Conflicts of interest policies are signed annually in october by each boardmember and employee. Signed conflict of interest forms are kept on file by the director of finance. The executive committee monitors compliance.”

Form 990, Part VI, Section B, Line 15

“The executive committee sets compensation for the executive director and key employees. Executive committee members use information gathered regarding salaries and benefits from several sources: associations of independent schools, quaker organizations in the philadelphia area and nonprofit organizations in the philadelphia area. The executive committee sets compensation for the executive director and key employees. Executive committee members use information gathered regarding salaries and benefits from several sources: associations of independent schools, quaker organizations in the philadelphia area and nonprofit organizations in the philadelphia area.”

Form 990, Part VI, Section C, Line 19

“The documents are available to anyone upon request and will be posted on the website.”

Filing and Contact Details

Filer

Filer Name
Friends Council on Education
EIN
23-1352147
Phone
2152417245
Address
1507 CHERRY STREET, PHILADELPHIA, PA 19102

Signing Officer

Name
Drew Smith
Title
Executive Director
Phone
2152417245
Signed
2026-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Drew Smith
Formed
1987
Legal Domicile
Pa
Voting Board Members
24
Independent Board Members
24
Employees
9
Volunteers
64

Preparer

Firm
O'CONNELL & COMPANY LLC
Address
240 GIBRALTAR ROAD SUITE 260, HORSHAM, PA 19044
Preparer
Robert J Mcnamee CPA
Phone
2158874425
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The council is exempt from income tax under irc section 501(c)(3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The council has processes presently in place to ensure the maintenance of its tax-exempt status; to identifiy and report unrelated income; to determine its filing and tax obligations; and to identify and evaluate other matters that may be considered tax positions. The council has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 764 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt09356
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF THE FRIENDS COUNCIL ON EDUCATION IS TO PROVIDE LEADERSHIP IN DRAWING FRIENDS SCHOOLS TOGETHER IN UNITY OF SPIRIT AND COOPERATIVE ENDEAVORS. THE COUNCIL'S WORK NURTURES THE QUAKER LIFE OF SCHOOLS, STRENGTHENS THE NETWORK OF SUPPORT ACROSS SCHOOLS, PROMOTES FRIENDS EDUCATION THROUGH CONSULTATIONS, PROGRAMS AND PUBLICATIONS AND ASSISTS IN THE ESTABLISHMENT OF NEW FRIENDS SCHOOLS. THE COUNCIL HELPS FRIENDS SCHOOLS MAINTAIN THEIR QUAKER IDENTITY AND ETHOS, AND THEIR RELATIONSHIP WITH THE RELIGIOUS SOCIETY OF FRIENDS. THE COUNCIL PROMOTES PROFESSIONAL GROWTH FOR TRUSTEES, HEADS, ADMINISTRATORS AND FACULTY TO FURTHER THE GOALS OF QUAKER EDUCATION AND SERVES AS A VOICE FOR FRIENDS SCHOOLS IN THE NATIONAL DIALOGUE ON EDUCATION.
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01507 CHERRY STREET
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IRS990/Desc0PROFESSIONAL DEVELOPMENT FOR FACULTY, ADMINISTRATORS, TRUSTEES AND STAFF OF FRIENDS SCHOOLS IN AREAS OF SCHOOL GOVERNANCE, PEACE EDUCATION, SERVICE LEARNING, COMMUNITY BUILDING, PROMOTING QUAKER VALUES AND TESTIMONIES IN SCHOOL LIFE AND DEVELOPING FUTURE LEADERS FOR FRIENDS SCHOOL.
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IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25EXECUTIVE DIRECTOR-FRIENDS COLLABORATIVE
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IRS990/MissionDesc0THE MISSION OF THE FRIENDS COUNCIL ON EDUCATION IS TO PROVIDE LEADERSHIP IN DRAWING FRIENDS SCHOOLS TOGETHER IN UNITY OF SPIRIT AND COOPERATIVE ENDEAVORS. THE COUNCIL'S WORK NURTURES THE QUAKER LIFE OF SCHOOLS, STRENGTHENS THE NETWORK OF SUPPORT ACROSS SCHOOLS, PROMOTES FRIENDS EDUCATION THROUGH CONSULTATIONS, PROGRAMS AND PUBLICATIONS AND ASSISTS IN THE ESTABLISHMENT OF NEW FRIENDS SCHOOLS. THE COUNCIL HELPS FRIENDS SCHOOLS MAINTAIN THEIR QUAKER IDENTITY AND ETHOS, AND THEIR RELATIONSHIP WITH THE RELIGIOUS SOCIETY OF FRIENDS. THE COUNCIL PROMOTES PROFESSIONAL GROWTH FOR TRUSTEES, HEADS, ADMINSTRATORS AND FACULTY TO FURTHER THE GOALS OF QUAKER EDUCATION AND SERVES AS A VOICE FOR FRIENDS SCHOOLS IN THE NATIONAL DIALOGUE ON EDUCATION.
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IRS990/ProgSrvcAccomActy2Grp/Desc0GRANTS TO SCHOOLS FOR FINANCIAL AID AND FOR CREATIVE STUDENT-CENTERED, VALUES-BASED PROJECTS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLICATION OF PAMPHLETS, BOOKS AND CURRICULA ON SCHOOL GOVERNANCE, PEACE EDUCATION, SERVICE LEARNING, COMMUNITY BUILDING AND PROMOTING QUAKER VALUES AND TESTIMONIES IN SCHOOL LIFE.
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