Friendship House Inc
- Assets
- $7.2m
- Revenue
- $309.8k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2014
- Data as of
- 12/2020
- EIN
- 90-0921223
Organization Overview
Friendship House Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendship House 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 12/2020, Friendship House Inc generated $309.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $432.3k during the year ending 12/2020. While expenses have increased by 7.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A 'HOME AWAY FROM HOME' FOR FAMILIES OR CRITICALLY ILL OR INJURED CHILDREN RECEIVING CARE AT MEDICAL FACILITIES IN THE NEW YORK CITY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A HOME AWAY FROM HOME FOR FAMILIES OR CRITICALLY ILL OR INJURED CHILDREN RECEIVING CARE AT MEDICAL FACILITIES IN THE NEW YORK CITY AREA; TO PROVIDE KOSHER FOOD AND BOARD FOR PATIENTS AND THEIR FAMILIES IN ACCORDANCE WITH KOSHER DIETARY RESTRICTIONS AND RELIGIOUS REQUIREMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Teichman Director | Trustee | 1 | $0 |
Moishe Geller Director | Trustee | 1 | $0 |
David Lichtenstein Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $309,764 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $309,764 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $5,570 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $76,320 |
| 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 | $2,160 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $74,151 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $144,798 |
| Insurance | $8,422 |
| All other expenses | $0 |
| Total functional expenses | $432,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,102 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $938 |
| 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 | $37,331 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $74,616 |
| Other assets | $0 |
| Total assets | $7,174,237 |
| Accounts payable and accrued expenses | $56,509 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $5,116,857 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $871 |
| Total liabilities | $2,057,380 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $5,116,857 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friendship House Inc has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: FOR GRANT RECIPIENT'S EXEMPT PURPOSES | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Care Design New York Llc Albany, NY | $58,406,708 | $119,726,125 |
Achieve Behavioral Health Airmont, NY | $24,875,232 | $34,586,608 |
Chai Lifeline Inc New York, NY | $26,757,379 | $32,449,986 |
Ronald Mcdonald House Of New York Inc New York, NY | $139,787,663 | $13,785,950 |
Parents Information Group For Exceptional Children Inc Syracuse, NY | $9,814,349 | $10,936,135 |
Make-A-Wish Foundation Of Metro New York And Western New York New York, NY | $22,644,379 | $8,717,890 |
The Hospital Cottages For Children Southborough, MA | $6,634,641 | $8,685,651 |
Ronald Mcdonald House Charities Of The Philadelphia Region Philadelphia, PA | $48,421,260 | $10,371,163 |
Make-A-Wish Foundation Of Greater Pennsylvania And West Virginia Inc Pittsburgh, PA | $11,942,873 | $9,531,813 |
Make-A-Wish Foundation Of Massachusetts And Rhode Island Inc Boston, MA | $19,449,971 | $5,852,582 |
Make A Wish Foundation Of New Jersey Monroe Township, NJ | $22,604,837 | $7,704,119 |
Ronald Mcdonald House Charities New York Metro Inc New Hyde Park, NY | $27,231,643 | $8,955,220 |