The Friends Foundation
- Assets
- $100.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, MO
- Founding
- 04/2005
- Data as of
- 12/2020
- EIN
- 86-1126245
Organization Overview
The Friends Foundation is located in Washington, MO. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Friends Foundation 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 12/2020, Friends Foundation generated $49.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $29.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon R Holtmeyer President | 4 | $0 | |
Sharon F Paridy Vice Preside | 3 | $0 | |
Barbara E Wallach Treasurer | 2 | $0 | |
Nancy G Kimball Secretary | 1 | $0 | |
Douglas A Holtmeyer Member At La | 2 | $0 | |
Katherine Kitty Bauer Member At La | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,708 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $211 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,477 |
| Other Revenue | $0 |
| Total Revenue | $49,396 |
| 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 | $600 |
| Printing, publications, postage, and shipping | $357 |
| Other expenses | $854 |
| Total expenses | $29,633 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,924 |
| Other assets | $0 |
| Total assets | $100,924 |
| Total liabilities | $0 |
| Net assets or fund balances | $100,924 |