My Friend Abby Inc
- Assets
- $260.9k
- Revenue
- $231.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Trumbull, CT
- Founding
- 01/2020
- Data as of
- 06/2022
- EIN
- 84-2675464
Organization Overview
My Friend Abby Inc is located in Trumbull, CT. The organization was established in 2020. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. My Friend Abby 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 06/2022, My Friend Abby Inc generated $231.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $157.9k during the year ending 06/2022. 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 EMPOWER YOUTH AND YOUNG ADULTS TO CREATE PEER TO PEER CONNECTIONS THROUGH GRANTS THAT IMPROVE MENTAL AND EMOTIONAL HEALTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES GRANTS TO YOUTH AND YOUNG ADULTS WHO ARE WILLING TO TAKE ACTION AND MAKE A DIFFERENCE IN THE ARENA OF MENTAL HEALTH, MENTAL ILLNESS AND SUICIDE PREVENTION. FUNDS ARE GENERALLY USED FOR SOCIAL MEDIA/DAILY TEXT BLAST/WEEKLY E-BLAST; WHICH CREATE USER AWARENESS AS WELL COMMUNITY PROJECTS AND EVENTS. GRANTS ARE USED TO FUND EXPENSES FOR CREATING THESE ACTIVITIES/PROJECTS TO DISCUSS AND IMPROVE MENTAL AND EMOTIONAL AWARENESS, AS WELL AS SUICIDE PREVENTION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gillian Anderson Executive Director | 40 | $103,784 | |
Stephen Corman Treasurer | 10 | $0 | |
Marji Schmidt Secretary | 10 | $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 | $228,511 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $228,511 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,429 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $231,940 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,424 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,875 |
| Compensation of current officers, directors, key employees. | $4,401 |
| Compensation to disqualified persons | $23,700 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,815 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,138 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $150 |
| Advertising and promotion | $4,772 |
| Office expenses | $5,381 |
| Information technology | $6,583 |
| 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 | $548 |
| Interest | $26 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,234 |
| All other expenses | $237 |
| Total functional expenses | $157,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,890 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $1,058 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $260,948 |
| Accounts payable and accrued expenses | $0 |
| 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 | $25,046 |
| Total liabilities | $25,046 |
| Net assets without donor restrictions | $135,902 |
| Net assets with donor restrictions | $100,000 |
| 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 | $260,948 |