Friends Of The Elderly
- Assets
- $1.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 07/1992
- Data as of
- 12/2022
- EIN
- 54-1614710
Organization Overview
Friends Of The Elderly is located in Virginia Beach, VA. The organization was established in 1992. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Elderly 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 12/2022, Friends Of The Elderly generated $86.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $86.1k during the year ending 12/2022. While expenses have increased by 8.0% per year over the past 7 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
BUDGET PROGRAMMING. NEW MOTHER'S PROGRAM TO PROVIDE NEWBORNNECESSITIES. PROVIDED DIAPERS FOR CHILDREN. FOOD PANTRY. AND COVID RELIEF SUPPLIER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cleo Rush Administrator | 40 | $12,000 | |
Audreka Hairston Assistant Administrator | 25 | $0 | |
Betty Reynolds Counselor | 25 | $0 | |
Laura Tessier Administrative Assistant | 40 | $7,200 | |
Grady Morton Procurement Officer | 40 | $3,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,747 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,747 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,800 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $63,301 |
| Total expenses | $86,101 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,035 |
| Other assets | $0 |
| Total assets | $1,035 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,035 |