Farleys Friends Inc is located in Rochester, NY. The organization was established in 2016. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farleys Friends 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, Farleys Friends Inc generated $23.5k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $12.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 5 years. 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
THE FINANCIAL SUPPORT THROUGH FUNDRAISING EFFORTS, MOSTLY EVENTS, TO PROVIDE FINANCIAL SUPPORT TO CHARITABLE ORGANIZATION. IN ADDITION, THE EVENTS PROVIDE MEDIA AWARENESS OF SUPPORTED ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James M Farley President & CEO | 3 | $0 | |
Joseph Petralia Director | 1 | $0 | |
Elizabeth Szcesniak Director | 1 | $0 | |
Kyle Macey Director | 1 | $0 | |
Elizabeth Chatterton Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $95 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,451 |
| Other Revenue | $0 |
| Total Revenue | $23,546 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,386 |
| Total expenses | $12,836 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,884 |
| Other assets | $0 |
| Total assets | $35,884 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,884 |