Friends Of The Florence Inc is located in West Palm Beach, FL. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Florence 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 12/2023, Friends Of The Florence Inc generated $635.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (59.8%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE CORPORATION IS (I) TO PROVIDE FOOD, SUPPLIES, AND MONEY TO (A) UNDERPRIVILEGED INDIVIDUALS/ COMMUNITIES AND (B) INDIVIDUALS/ COMMUNITIES FACING FINANCIAL AND OTHER HARDSHIPS AND (II) TO MAKE GRANTS TO ORGANIZATIONS AND FOREIGN CHARITABLE ORGANIZATIONS SERVING SUCH INDIVIDUALS AND COMMUNITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard J Wandoff President | 1 | $0 | |
Kathryn J Wandoff Treasurer | 1 | $0 | |
Mark A Smith Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $635 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $635 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $75 |
| Total expenses | $75 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,304 |
| Other assets | $0 |
| Total assets | $53,447 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,447 |