Senior Friendship Centers Foundation Inc
- Assets
- $6.8m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 03/1993
- Data as of
- 12/2022
- 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 12/2022, Senior Friendship Centers Foundation Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $143.2k during the year ending 12/2022. 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
2022
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Mcleod President/ceo | Officer | 1 | $0 |
David Blehar Cfo/coo | Officer | 1 | $0 |
Patricia Courtois Board Chair | OfficerTrustee | 1 | $0 |
Michael Juceam Vice Chair - North | OfficerTrustee | 1 | $0 |
Kathy Silverberg Vice Chair - South | OfficerTrustee | 1 | $0 |
Jim Meister Treasurer | OfficerTrustee | 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 | $1,295,417 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,295,417 |
| Total Program Service Revenue | $0 |
| Investment income | $204,085 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $35,873 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,535,375 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $114,466 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $202 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,579 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $143,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $67,941 |
| Pledges and grants receivable | $144,752 |
| 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 | $6,471,472 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $118,091 |
| Total assets | $6,802,256 |
| Accounts payable and accrued expenses | $239,830 |
| 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 | $239,830 |
| Net assets without donor restrictions | $4,770,127 |
| Net assets with donor restrictions | $1,792,299 |
| 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 | $6,802,256 |
Grants Awarded
Over the last fiscal year, Senior Friendship Centers Foundation Inc has awarded $114,466 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FEED THY NEIGHBOR PURPOSE: GENERAL SUPPPORT | $12,500 |
SENIOR FRIENDSHIP CENTERS INC PURPOSE: GENERAL SUPPORT | $89,466 |
MEALS OF HOPE PURPOSE: GENERAL SUPPPORT | $12,500 |