Caring Friends Network

Organization Overview

Caring Friends Network is located in Bloomington, MN. The organization was established in 2017. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caring Friends Network 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 06/2023, Caring Friends Network generated $27.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (28.0%) each year. All expenses for the organization totaled $25.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (23.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3

PROVIDE PERSONALIZED TUTORING AND JOB TRAINING ASSISSTANCE BASED ON INDIVIDUAL NEEDS OF MORE THAN 10 IMMIGRANTS. EXPENSES SHOWN ARE PRIMARILY SALARY EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas Mouw
Executive Director
$30,000
Douglas Heim
Director Secretarytreasurer
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$27,010
Total Program Service Revenue$0
Membership dues$0
Investment income $22
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$27,032

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