Foundations For Families Inc
- Assets
- $11.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Petoskey, MI
- Founding
- 06/2007
- Data as of
- 12/2023
- EIN
- 20-8228876
Organization Overview
Foundations For Families Inc is located in Petoskey, MI. The organization was established in 2007. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Foundations For Families 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, Foundations For Families Inc generated $43.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $44.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 7 years. 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
1. HOSTED A WEEKLY MEN'S BREAKFAST TO MENTOR FATHERS 2. PROVIDED PRE-MARITAL COUNSELING TO 4 COUPLES - 6 SESSIONS EACH 3. PROVIDED 5-7 WEEK INDIVIDUAL SESSIONS FOR PEOPLE STRUGGLING WITH ANXIETY, DEPRESSION AND FAMILY DYSFUNCTION 4. PROVIDED A 3-DAY, 20 HR TRAINING PROGRAM FOR CHURCH STAFF EXPERIENCING A LEADERSHIP CRISIS 5. PROVIDED MENTORING AND CARE OF SENIOR CITIZENS LIVING ALONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,723 |
| Total Program Service Revenue | $29,955 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,678 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,013 |
| Professional fees and other payments to independent contractors | $1,875 |
| Occupancy, rent, utilities, and maintenance | $828 |
| Printing, publications, postage, and shipping | $348 |
| Other expenses | $12,366 |
| Total expenses | $44,430 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,325 |
| Other assets | $0 |
| Total assets | $11,325 |
| Total liabilities | $1,089 |
| Net assets or fund balances | $10,236 |