Friends Of Ryan Inc is located in Philadelphia, PA. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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 Ryan Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF RYAN IS AN IRS RECOGNIZED 501(C)(3) NON-PROFIT ORGANIZATION AND THE OFFICIAL FUNDRAISING ENTITY FOR ARCHBISHOP RYAN. FRIENDS OF RYAN WAS ESTABLISHED IN 2020 WITH THE PRIMARY FOCUS OF ENSURING THE FUTURE GROWTH AND STABILITY OF ARCHBISHOP RYAN THROUGH TUITION ASSISTANCE, PROGRAMS AND CAPITAL IMPROVEMENTS. OUR NON-PROFIT PROVIDES FINANCIAL ASSISTANCE TO ARCHBISHOP RYAN THROUGH COLLECTIVE FUNDRAISING EFFORTS, INCLUDING DONATION SOLICITATION, EVENTS, SOCIAL OUTINGS, AND MORE. THE FRIENDS OF RYAN ORGANIZATION INCLUDES ALUMNI SUPPORT FROM VARIOUS GROUPS AND CLUBS THAT HAVE SUPPORTED THE SCHOOL OVER THE YEARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS WERE GRANTED THAT SUPPORT THE FRIENDS OF RYAN MISSION TO HELP SUPPORT TUITION ASSISTANCE, PROGRAMS AND CAPITAL IMPROVEMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Allegra Member | Trustee | 2 | $0 |
Jay Ems Member | Trustee | 2 | $0 |
Connor Golden Member | Trustee | 2 | $0 |
Ed Hughes Member | Trustee | 2 | $0 |
Cheryl Kontogeorgos Member | Trustee | 2 | $0 |
Joseph Stone Member | Trustee | 2 | $0 |
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 | $237,862 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $237,862 |
Total Program Service Revenue | $0 |
Investment income | $44 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $237,906 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $83,350 |
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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,584 |
Office expenses | $6,066 |
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 | $2,376 |
All other expenses | $0 |
Total functional expenses | $161,041 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $12,589 |
Savings and temporary cash investments | $85,270 |
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 | $0 |
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 | $97,859 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $97,859 |
Net assets with donor restrictions | $0 |
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 | $97,859 |