Caring Friends Inc
- Assets
- $150.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Houston, TX
- Founding
- 07/2007
- Data as of
- 12/2023
- 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 12/2023, Caring Friends Inc generated $41.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $128.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Caring Friends Inc has awarded 27 individual grants totaling $234,857. 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
2023
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 | $6,400 | |
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 | $39,955 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,390 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,345 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,089 |
| Professional fees and other payments to independent contractors | $1,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,533 |
| Other expenses | $5,169 |
| Total expenses | $128,255 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,036 |
| Other assets | $0 |
| Total assets | $150,036 |
| Total liabilities | $0 |
| Net assets or fund balances | $150,036 |
Grants Awarded
Over the last fiscal year, Caring Friends Inc has awarded $57,603 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
PAIR PURPOSE: Refugee youth outreach | $16,103 |
BOOKS BETWEEN KIDS PURPOSE: General support | $6,500 |
PLANT IT FORWARD PURPOSE: General support | $10,000 |
RUTHERFORD BH YATES MUSEUM PURPOSE: General support | $11,000 |
MALACHI DESTINY AND PURPOSE PURPOSE: General support | $8,500 |
SPIRIT KEY INC PURPOSE: Homeless in transition | $5,500 |