Friends Of The Master Inc
- Assets
- $380.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ypsilanti, MI
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 32-0154880
Organization Overview
Friends Of The Master Inc is located in Ypsilanti, MI. The organization was established in 2007. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Master 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 12/2021, Friends Of The Master Inc generated $123.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $131.7k during the year ending 12/2021. While expenses have increased by 20.0% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE ASSISTANCE FOR CURRENT AND FORMER INMATES, INCLUDING VISITING INMATES IN JAIL OR PRISON, QUARTERLY NEWSLETTERS TO ABOUT 240 INMATES, HOUSING FOR 14 INDIVIDUALS, AND OTHER SUPPORTIVE SERVICES TO ASSIST FORMER INMATES IN RE-ENTERING THEIR COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Flanagan Director | 1 | $1 | |
John Macari President | 3 | $0 | |
Timothy Atzinger Director | 2 | $0 | |
Jon Malecke Secretary | 1 | $0 | |
Michael Morrissey Treasurer | 5 | $0 | |
Gary Roche Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,848 |
| Total Program Service Revenue | $53,886 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,734 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,308 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $50,159 |
| Printing, publications, postage, and shipping | $1,438 |
| Other expenses | $30,800 |
| Total expenses | $131,705 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,324 |
| Other assets | $0 |
| Total assets | $379,956 |
| Total liabilities | $320,925 |
| Net assets or fund balances | $59,031 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Master Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Weingartz Family Foundation Shelby Twp, MI PURPOSE: FURTHER RELIGIOUS MINISTRIES | $25,000 |
Peer Organizations
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|---|---|---|
Dynamic Catholic Institute Cincinnati, OH | $46,011,933 | $24,743,201 |
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Legatus Inc Ann Arbor, MI | $6,863,625 | $5,856,045 |
Fidelis Madison, WI | $2,636,949 | $4,754,241 |
Society Of St Vincent De Paul Archdiocesan Council Of Indianapolis, IN | $9,105,471 | $5,968,988 |
Cise Cincinnati, OH | $26,854,331 | $7,324,023 |
Shrine Of Our Lady Of Guadalupe Of The Diocese Of La Crosse Inc La Crosse, WI | $53,966,591 | $4,547,463 |
Holy Love Ministries North Ridgeville, OH | $21,288,130 | $2,402,696 |
The Evangelical Catholic Inc Madison, WI | $1,045,637 | $2,564,857 |
Sacred Heart At Monastery Lake Inc Franklin, WI | $12,481,304 | $2,150,033 |
Marian Wayside Shrine Foundation Inc Saint John, IN | $16,789,912 | $5,177,827 |
Cristo Rey Jesuit Corporate Work Study Program Inc Milwaukee, WI | $540,902 | $2,112,972 |