Friendly Thrift Center Inc is located in Davenport, IA. The organization was established in 1971. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendly Thrift Center 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, Friendly Thrift Center Inc generated $48.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $42.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Bob Davis President | 4 | $0 | |
| Linda Miller Vice-President | 6 | $0 | |
| Gail Jackson Secretary | 6 | $0 | |
| Sheila Kistenmacher Treasurer | 3 | $0 | |
| Trudy Crane Director | 8 | $0 | |
| Julie Moran Director | 6 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $663 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $48,732 | 
| 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 | $814 | 
| Occupancy, rent, utilities, and maintenance | $13,200 | 
| Printing, publications, postage, and shipping | $98 | 
| Other expenses | $12,083 | 
| Total expenses | $42,195 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,005 | 
| Other assets | $0 | 
| Total assets | $37,005 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $37,005 |