Friends Of Riverfront Inc
- Assets
- $43.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beloit, WI
- Founding
- 05/1995
- Data as of
- 12/2023
- EIN
- 39-1808808
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 12/2023, Friends Of Riverfront Inc generated $73.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $78.7k during the year ending 12/2023. While expenses have increased by 0.8% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dierdre Bennett Board Member | 1 | $0 | |
Sonya Hoppes Board Member | 1 | $0 | |
Theresa Wendhausen Treasurer | 1 | $0 | |
Nicole Yost Board Member | 1 | $0 | |
Spencer Waite Board Member | 1 | $0 | |
Jennifer Kodl Executive Director | 20 | $29,635 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,035 |
| Total Program Service Revenue | $2,893 |
| Membership dues | $0 |
| Investment income | $378 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11 |
| Total Revenue | $73,816 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,038 |
| Professional fees and other payments to independent contractors | $1,267 |
| Occupancy, rent, utilities, and maintenance | $1,235 |
| Printing, publications, postage, and shipping | $994 |
| Other expenses | $37,193 |
| Total expenses | $78,727 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,381 |
| Other assets | $0 |
| Total assets | $43,381 |
| Total liabilities | $659 |
| Net assets or fund balances | $42,722 |