Friends Of Riverfront Inc

Organization Overview

Friends Of Riverfront Inc is located in Beloit, WI. The organization was established in 1995. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Riverfront 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 Riverfront Inc generated $83.2k 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 (4.3%) each year. All expenses for the organization totaled $75.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

MONIES ARE EXPENDED FOR PLANTING AND MAINTENANCE OF THE BELOIT RIVERFRONT, COMMUNITY PROGRAMS & EVENTS.FUNDS ARE ALSO EXPENDED FOR VOLUNTEER COORDINATION, MAILING, ETC.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$69,168
Total Program Service Revenue$1,173
Membership dues$0
Investment income $4
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$12,831
Total Revenue$83,176

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Friends Of Riverfront Inc has recieved totaling $13,000.

Awarding OrganizationAmount
The Stateline Community Foundation Inc

Beloit, WI

PURPOSE: FOUNDATION GRANTS

$13,000
View Grant Recipient Profile

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