Friends Of 38th Inc
- Assets
- $5.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- Data as of
- 12/2023
- EIN
- 87-1285796
Organization Overview
Friends Of 38th Inc is located in Indianapolis, IN. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of 38th 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 38th Inc generated $19.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $16.0k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THREE SEPARATE FUNDRAISERS WERE CONDUCTED TO PROMOTE AWARENESS OF 38TH STREET IN THE CITY OF INDIANAPOLIS. A BLUES & BBQ EVENT WAS HELD ALLOWING VENDORS TO PARTICPATE FOR FREE TO PROMOTE THEIR BUSINESSES. HELPED PROMOTE A 5K TURKEY TROT RACE WHERE A DONATION WAS MADE TO CROWN HILL CEMETERY. ALSO PROVIDED MARKETING & SPACE FOR FIVE CAR SHOWS WHICH WAS FREE OF CHARGE TO ANYONE BRINGING A CAR OR ANY VENDOR SELLING THEIR GOODS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Stephenson President | 1 | $0 | |
Ed Sherman Treasurer | 2 | $0 | |
Christie Hurst Board Member | 1 | $0 | |
Amy Bosworth Secretary | 2 | $0 | |
Jackie Annan Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,028 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $58 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,864 |
| Other Revenue | $0 |
| Total Revenue | $19,222 |
| 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 | $11,756 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,261 |
| Total expenses | $16,017 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,573 |
| Other assets | $0 |
| Total assets | $5,573 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,573 |