Best Friends Inc
- Assets
- $39.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaver Falls, PA
- Founding
- 05/1996
- Data as of
- 09/2023
- EIN
- 25-1758700
Organization Overview
Best Friends Inc is located in Beaver Falls, PA. The organization was established in 1996. 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. Best 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 09/2023, Best Friends Inc generated $102.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $111.7k during the year ending 09/2023. While expenses have increased by 4.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Clarke Executive Director | 35 | $28,958 | |
Lou Ann Parsons President | 1 | $0 | |
James E Jones Vice President | 1 | $0 | |
Brooke Wallace Treasurer | 1 | $0 | |
Peter Deutsch Secretary | 1 | $0 | |
Jerome Cousar Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,617 |
| 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 | $102,617 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,149 |
| Professional fees and other payments to independent contractors | $3,710 |
| Occupancy, rent, utilities, and maintenance | $6,229 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,615 |
| Total expenses | $111,703 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,662 |
| Other assets | $0 |
| Total assets | $39,462 |
| Total liabilities | $1,557 |
| Net assets or fund balances | $37,905 |