Victorias Friends Inc
- Assets
- $88.2k
- Revenue
- $231.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Suwanee, GA
- Founding
- 06/2005
- Data as of
- 12/2021
- EIN
- 20-0604839
Organization Overview
Victorias Friends Inc is located in Suwanee, GA. The organization was established in 2005. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Victorias Friends Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victorias Friends 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 12/2021, Victorias Friends Inc generated $231.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $218.1k during the year ending 12/2021. While expenses have increased by 4.8% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THIS ORGANIZATION IS A SUPPORT GROUP DESIGNED TO TRANSITION WOMEN AND MEN OUT OF THE SEX INDUSTRY, WHICH IS A VERY BROKEN SEGMENT OF SOCIETY. THESE WOMEN AND MEN ARE TRANSITIONED BACK INTO THE MAINSTREAM AS HEALTHY, WHOLE, AND PRODUCTIVE INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2021 PROGRAM ACCOMPLISHMENTS:WE HAVE BEEN COMMITTED TO THE RESTORATION OF WOMEN WHO HAVE BEEN SEEN AS NOTHING MORE THAN PROFITS THROUGH THE PLAQUE OF SEXUAL EXPLOITATION. WE HAVE SEEN INCREDIBLE TRANSFORMATION OVER THE YEARS THROUGH VICTORIA'S FRIENDS PROGRAMS, COUNSELING AND SCHOLARSHIPS PROVIDED TO THOSE IN NEED. WE REACH THEM WITH A SIMPLE BASKET OF LOVE. OUR SCHOLARSHIPS PROVIDE RENT, UTILITIES, CARS, COUNSELING, JOB TRAINING AND OTHER NEEDS THAT ARE CRITICAL IN THE FIRST DAYS OF LEAVING THE SEX INDUSTRY.DURING 2021 WE GAVE OUT 2050 BAGS OF LOVE, 22 SCHOLARSHIPS TO PARTICIPANTS, AND HELPED 18 FAMILIES WITH EMERGENCY ASSISTANCE. WE SUPPORTED SOCIAL GATHERINGS, A HORSEBACK RIDING EVENT, A DAY, HIKE, AND CELEBRATED OUR 21ST YEAR OF HELPING WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Teague Ceo/president | OfficerTrustee | 40 | $56,000 |
Pam Younker Treasurer | OfficerTrustee | 7 | $0 |
Ken Graves Director | Trustee | 7 | $0 |
Vicki Benard Director | Trustee | 7 | $0 |
Gwyn Grafe Director | Trustee | 5 | $0 |
Mary Lou Kauffman Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $230,671 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $230,671 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,078 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $231,749 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $57,884 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,000 |
| Compensation of current officers, directors, key employees. | $5,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,838 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,941 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,436 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,985 |
| Advertising and promotion | $0 |
| Office expenses | $2,720 |
| Information technology | $3,058 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,180 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,100 |
| Insurance | $0 |
| All other expenses | $15,644 |
| Total functional expenses | $218,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,465 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,030 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,725 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $88,220 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $88,220 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $88,220 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Victorias Friends Inc has recieved totaling $69,500.
| Awarding Organization | Amount |
|---|---|
Richard And Barbara Gaby Foundation Atlanta, GA PURPOSE: PREVENTION OF SEXUAL EXPLOITATION | $49,500 |
The Gaby Family Foundation Atlanta, GA PURPOSE: HUMAN RIGHTS ORGANIZATION | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christ For All Nations Orlando, FL | $10,548,183 | $19,908,436 |
Corporate Chaplains Of America Inc Wake Forest, NC | $14,993,771 | $19,711,827 |
Precept Ministries Of Reach Out Inc Chattanooga, TN | $10,987,140 | $15,669,576 |
Lake Junaluska Assembly Inc Lake Junaluska, NC | $31,377,440 | $12,754,761 |
Holy Angels Inc Belmont, NC | $12,927,862 | $9,334,354 |
United Against Poverty Inc Vero Beach, FL | $21,479,964 | $11,068,487 |
Impact 360 Institute Inc Atlanta, GA | $4,530,260 | $9,934,364 |
Proverbs 31 Ministry Inc Matthews, NC | $13,247,275 | $7,018,606 |
Campus Outreach Serve Inc Hoover, AL | $4,070,578 | $8,268,154 |
Intend Ministries Murfreesboro, TN | $2,990,387 | $7,592,867 |
Third Millennium Ministries Inc Casselberry, FL | $8,248,500 | $7,349,091 |
Suncoast Haven Of Rest Rescue Mission Inc Pinellas Park, FL | $540,922 | $5,432,743 |