Caring Friends Inc
- Assets
- $236.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Houston, TX
- Founding
- 07/2007
- Data as of
- 12/2022
- EIN
- 20-5150230
Organization Overview
Caring Friends Inc is located in Houston, TX. The organization was established in 2007. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caring 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 12/2022, Caring Friends Inc generated $93.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $155.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Caring Friends Inc has awarded 16 individual grants totaling $149,307. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Collier President | 40 | $7,500 | |
Jeff Springmeyer Chair | 1 | $0 | |
Jim Donnell Vice Chair | 1 | $0 | |
Ashley Madray Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,383 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,424 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,274 |
| Professional fees and other payments to independent contractors | $1,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,490 |
| Other expenses | $4,949 |
| Total expenses | $155,152 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $236,946 |
| Other assets | $0 |
| Total assets | $236,946 |
| Total liabilities | $0 |
| Net assets or fund balances | $236,946 |
Grants Awarded
Over the last fiscal year, Caring Friends Inc has awarded $57,603 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: Refugee youth outreach | $16,103 |
Houston, TX PURPOSE: General support | $11,000 |
Houston, TX PURPOSE: General support | $10,000 |
Houston, TX PURPOSE: General support | $8,500 |
Houston, TX PURPOSE: General support | $6,500 |
SPIRIT KEY INC PURPOSE: Homeless in transition | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Caring Friends Inc has recieved totaling $105,275.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: HUMAN SERVICES | $50,250 |
Springmeyer Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $50,000 |
Kittsie And Charlie Thomas Family Foundation Houston, TX PURPOSE: PROGRAM SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Start Corporation Houma, LA | $15,661,885 | $35,284,131 |
Arca Albuquerque, NM | $18,505,466 | $31,341,339 |
Disability Services Of The Southwest San Antonio, TX | $12,999,029 | $27,578,028 |
Hughen Center Inc Port Arthur, TX | $48,676,855 | $32,249,164 |
Buckner International Dallas, TX | $12,129,357 | $21,781,250 |
Arkansas Enterprises For The Developmentally Disabled Inc Little Rock, AR | $11,004,956 | $14,277,062 |
Military Warriors Support Foundation San Antonio, TX | $26,095,499 | $9,501,589 |
Caritas Of Austin Austin, TX | $7,645,786 | $15,511,664 |
Integrity Inc Little Rock, AR | $13,609,813 | $15,573,168 |
Mission Of Mercy Inc Corpus Christi, TX | $7,577,811 | $11,960,672 |
Life Styles Inc Fayetteville, AR | $7,250,362 | $10,687,117 |
Independent Living Resource Center Albuquerque, NM | $3,325,195 | $9,733,666 |