Brooklyn Friendship Fund Inc
- Assets
- $61.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Brunswick, NJ
- Founding
- 01/2003
- Data as of
- 07/2023
- EIN
- 04-3627737
Organization Overview
Brooklyn Friendship Fund Inc is located in New Brunswick, NJ. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Friendship Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Brooklyn Friendship Fund Inc generated $11.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $9.4k during the year ending 07/2023. While expenses have increased by 2.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FOR THE YEAR ENDED JULY 31, 2021, THE ORGANIZATION HELD ONE FUNDRAISING EVENT. HOWEVER, THE ORGANIZATION DID NOT PROVIDE ANY SCHOLARSHIPS DUE TO THE COVID-19 PANDEMIC WITH MANY EDUCATIONAL INSTITUTIONS TRANSITIONING TO VIRTUAL LEARNING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drdebra Lamb President | 1.3 | $0 | |
Kelley Woodland 1st Vice Pre | 0.3 | $0 | |
Monique Darrisaw-Akil 2nd Vice Pre | 0.3 | $0 | |
Anthea Jeffrey Treasurer | 0.3 | $0 | |
Merele Williams Adkin Financial Se | 0.3 | $0 | |
Ginger Mcknight-Chavers Recording Se | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,235 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,239 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,928 |
| Total expenses | $9,428 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,801 |
| Other assets | $0 |
| Total assets | $61,801 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,801 |