Project Friendship Inc
- Assets
- $122.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Northfield, MN
- Founding
- 11/1987
- Data as of
- 06/2022
- EIN
- 41-1565496
Organization Overview
Project Friendship Inc is located in Northfield, MN. The organization was established in 1987. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Friendship 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 06/2022, Project Friendship Inc generated $113.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $80.8k during the year ending 06/2022. While expenses have increased by 5.2% per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
IN 2021-22, PROJECT FRIENDSHIP MATCHED 218 KIDS WITH COLLEGE MENTORS FOR SUPPORT, ENCOURAGEMENT, AND APPRECIATION. THE MATCHES MET FOR OVER 3,550 HOURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Schoenbauer Executive Director | 40 | $50,164 | |
Bo Aylin Secretary | 3 | $3 | |
Mari Aylin President | 3 | $0 | |
Brady Burton Treasurer | 1 | $0 | |
Kacey Geiger Director | 1 | $0 | |
Jane Bartho Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,828 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $221 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $113,049 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,371 |
| Professional fees and other payments to independent contractors | $3,865 |
| Occupancy, rent, utilities, and maintenance | $216 |
| Printing, publications, postage, and shipping | $2,402 |
| Other expenses | $8,946 |
| Total expenses | $80,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,894 |
| Other assets | $0 |
| Total assets | $122,880 |
| Total liabilities | $2,365 |
| Net assets or fund balances | $120,515 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Project Friendship Inc has recieved totaling $71,031.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $16,120 |
Youthprise Minneapolis, MN PURPOSE: General Operating Grant | $15,000 |
Otto Bremer Trust St Paul, MN PURPOSE: GENERAL OPERATIONS | $15,000 |
Mardag Foundation St Paul, MN PURPOSE: PROJECT FRIENDSHIP CARES | $12,000 |
Sheltering Arms Foundation Minneapolis, MN PURPOSE: SEE SCHEDULE O | $7,500 |
Tickets For Kids Foundation Pittsburgh, PA PURPOSE: TO PROVIDE TICKETS TO EVENTS FOR UNDERPRIVILEGED CHILDREN AND THEIR FAMILIES | $5,392 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Running Rebels Community Organization Inc Milwaukee, WI | $6,399,369 | $7,453,258 |
Center Of The American Experiment Golden Valley, MN | $2,778,066 | $5,418,684 |
Northern Lights Junior Volleyball Inc Burnsville, MN | $2,344,363 | $4,802,120 |
Life House Incorporated Duluth, MN | $3,542,824 | $3,195,921 |
Uncommon Sports Group St Louis Park, MN | $1,690,784 | $2,171,450 |
Construction Careers Foundation Minneapolis, MN | $453,242 | $870,916 |
Minnesota Usa Wrestling Inc Minneapolis, MN | $545,750 | $489,626 |
Blue Stars Performing Arts For Youth Inc La Crosse, WI | $787,449 | $565,288 |
Downtown Green Bay Charitable Inc Green Bay, WI | $251,652 | $234,203 |
Delano Area Youth Hockey Association Inc Delano, MN | $471,339 | $419,404 |
Coon Rapids Soccer Association Coon Rapids, MN | $201,864 | $354,051 |
Lightning Youth Athletics Inc Salem, WI | $158,932 | $360,364 |