Friends Of The Dracut Elderly Inc is located in Dracut, MA. The organization was established in 1986. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Dracut Elderly 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 09/2023, Friends Of The Dracut Elderly Inc generated $44.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $43.6k during the year ending 09/2023. 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
TO PROVIDE EDUCATION, PHYSICAL FITNESS, AND ENTERTAINMENT TO THE ELDERLY IN THE DRACUT AREA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Langlois Secretary/cl | 0 | $0 | |
Carol Gavriel Vice Preside | 0 | $0 | |
Linda Tamvaklis Treasurer | 0 | $0 | |
Olga Parkins President | 0 | $0 | |
Therese Beauregard Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,241 |
| Total Program Service Revenue | $31,295 |
| Membership dues | $0 |
| Investment income | $384 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,437 |
| Other Revenue | $0 |
| Total Revenue | $44,199 |
| 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 | $950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,658 |
| Total expenses | $43,608 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,278 |
| Other assets | $0 |
| Total assets | $81,278 |
| Total liabilities | $3,731 |
| Net assets or fund balances | $77,547 |