Senior Friendship Centers Foundation Inc
- Assets
- $6.6m
- Revenue
- $814.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 03/1993
- Data as of
- 12/2021
- EIN
- 65-0364819
Organization Overview
Senior Friendship Centers Foundation Inc is located in Sarasota, FL. The organization was established in 1993. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Senior Friendship Centers Foundation 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, Senior Friendship Centers Foundation Inc generated $814.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $169.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE THE COMMUNITY ABOUT THE SENIOR FRIENDSHIP CENTERS AND SERVICES AVAILABLE TO SENIORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BENEFICIARY ORGANIZATION, SENIOR FRIENDSHIP CENTERS, INC (EIN 59-1522614) WAS ESTABLISHED IN 1973 AND SERVES THE NEEDS OF OLDER ADULTS IN FOUR COUNTIES OF SOUTHWEST FLORIDA - SARASOTA, DESOTO, CHARLOTTE, AND LEE. INDIVIDUAL DONATIONS, GIFT ANNUITIES, ESTATE BEQUESTS, AND COMMUNITY SUPPORT COMPRISE THE MAJORITY OF THE ANNUAL BUDGET OF THE SENIOR FRIENDSHIP CENTERS FOUNDATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Fleischer Immediate Past Chair | OfficerTrustee | 5 | $0 |
Michael Juceam Vice Chair- North | OfficerTrustee | 1 | $0 |
Patricia Courtois Chair | OfficerTrustee | 1 | $0 |
Jim Meister Treasurer | OfficerTrustee | 1 | $0 |
Christine Schlesinger Secretary | OfficerTrustee | 1 | $0 |
Erin Mcleod President/ceo | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $238,262 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $238,262 |
| Total Program Service Revenue | $0 |
| Investment income | $183,662 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $392,898 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $814,822 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $51,738 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,831 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $371 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $491 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $169,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,184 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $215,845 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $6,300,858 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,563,887 |
| Accounts payable and accrued expenses | $221,023 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $221,023 |
| Net assets without donor restrictions | $4,597,563 |
| Net assets with donor restrictions | $1,745,301 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,563,887 |
Grants Awarded
Over the last fiscal year, Senior Friendship Centers Foundation Inc has awarded $75,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Sarasota, FL PURPOSE: GENERAL SUPPORT | $50,000 |
Naples, FL PURPOSE: GENERAL SUPPPORT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Senior Friendship Centers Foundation Inc has recieved totaling $9,797.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT | $9,797 |
Endowment Analysis
| Beg. Balance | $3,769,575 |
| Earnings | $750,781 |
| Net Contributions | $246,348 |
| Other Expense | $169,141 |
| Ending Balance | $4,597,563 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alliance For Aging Inc Miami, FL | $8,467,801 | $51,987,435 |
Areawide Council On Aging Of Broward County Inc Sunrise, FL | $24,945,017 | $35,611,356 |
Senior Connection Center Inc Tampa, FL | $6,323,392 | $31,182,357 |
Morselife Housing Corporation Inc West Palm Beach, FL | $149,720,364 | $25,757,554 |
Area Agency On Aging Of Palm Beach- Treasure Coast Inc West Palm Beach, FL | $10,902,436 | $30,560,606 |
Area Agency On Aging Of Pasco-Pinellas Inc St Petersburg, FL | $8,252,945 | $27,888,489 |
Northeast Florida Area Agency On Aging Inc Jacksonville, FL | $5,702,503 | $25,650,557 |
Mid-Florida Area Agency On Aging Inc Gainesville, FL | $7,911,620 | $25,273,511 |
Suncoast Pace Inc Clearwater, FL | $13,555,248 | $27,843,705 |
Area Agency On Aging Of Central Florida Inc Orlando, FL | $4,933,881 | $22,567,397 |
Area Agency On Aging For Southwest Florida Inc Fort Myers, FL | $7,137,092 | $21,154,051 |
Community Senior Life Inc Orange Beach, AL | $9,773,868 | $15,042,221 |