Friends Of The Children - National Office
- Assets
- $36.9m
- Revenue
- $29.7m
- Investments
- $0.0
- Employees
- 37
- Location
- Portland, OR
- Founding
- 11/2000
- Data as of
- 08/2022
- EIN
- 93-1300690
Organization Overview
Friends Of The Children - National Office is located in Portland, OR. The organization was established in 2000. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. As of 08/2022, Friends Of The Children - National Office employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Children - National Office 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 08/2022, Friends Of The Children - National Office generated $29.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 51.5% each year . All expenses for the organization totaled $11.7m during the year ending 08/2022. While expenses have increased by 31.7% per year over the past 7 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.
Since 2018, Friends Of The Children - National Office has awarded 101 individual grants totaling $36,798,290. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPACTING GENERATIONAL CHANGE BY EMPOWERING YOUTH WHO ARE FACING THE GREATEST OBSTACLES THROUGH RELATIONSHIPS WITH PROFESSIONAL MENTORS 12+ YEARS, NO MATTER WHAT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF THE CHILDREN IS A NATIONAL NONPROFIT WITH THE MISSION OF IMPACTING GENERATIONAL CHANGE BY EMPOWERING YOUTH WHO ARE FACING THE GREATEST OBSTACLES THROUGH RELATIONSHIPS WITH PROFESSIONAL MENTORS - 12+ YEARS, NO MATTER WHAT. OUR SUCCESSFUL MODEL IS NOW IN 25 LOCATIONS AROUND THE COUNTRY. 83% OF OUR YOUTH RECEIVE A HIGH SCHOOL DIPLOMA OR GED, 98% OF OUR YOUTH WAIT TO BECOME PARENTS UNTIL AFTER THEIR TEENS, 93% OF OUR YOUTH REMAIN FREE FROM JUVENILE JUSTICE SYSTEM INVOLVEMENT, AND 92% OF OUR YOUTH GO ON TO ENROLL IN POST-SECONDARY EDUCATION, SERVE OUR COUNTRY, OR ENTER THE WORKFORCE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Sorensen CEO | Officer | 40 | $298,660 |
Erinn Kelley-Siel Chief Expansion Officer | Officer | 40 | $187,499 |
Abigail Weast Chief Operating Officer | Officer | 40 | $133,046 |
Carmi Lori Brown Chief Program Officer | Officer | 40 | $124,921 |
Michelle Charbonneau Dir Of Tech Solutions | 40 | $103,187 | |
Cheryl Jones Chief People Officer | 40 | $102,557 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,354,876 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,145,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,500,611 |
| Total Program Service Revenue | $1,962,647 |
| Investment income | $247,223 |
| 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 | $29,716,709 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,474,148 |
| 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. | $964,412 |
| Compensation of current officers, directors, key employees. | $50,405 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,473,064 |
| Pension plan accruals and contributions | $85,665 |
| Other employee benefits | $238,864 |
| Payroll taxes | $240,202 |
| 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 | $702,615 |
| Advertising and promotion | $0 |
| Office expenses | $28,640 |
| Information technology | $134,243 |
| Royalties | $0 |
| Occupancy | $41,112 |
| Travel | $188,864 |
| 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 | $44,971 |
| Insurance | $17,653 |
| All other expenses | $0 |
| Total functional expenses | $11,721,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $686,716 |
| Savings and temporary cash investments | $24,273,820 |
| Pledges and grants receivable | $3,787,633 |
| Accounts receivable, net | $103,539 |
| 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 | $46,115 |
| Net Land, buildings, and equipment | $77,145 |
| Investments—publicly traded securities | $7,807,561 |
| Investments—other securities | $0 |
| Investments—program-related | $137,058 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $36,919,587 |
| Accounts payable and accrued expenses | $674,001 |
| Grants payable | $3,242,430 |
| 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 | $225,200 |
| Total liabilities | $4,141,631 |
| Net assets without donor restrictions | $18,500,578 |
| Net assets with donor restrictions | $14,277,378 |
| 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 | $36,919,587 |
Grants Awarded
Over the last fiscal year, Friends Of The Children - National Office has awarded $6,474,148 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
Phoenix, AZ PURPOSE: CHAPTER SUPPORT | $1,231,500 |
New York, NY PURPOSE: CHAPTER SUPPORT | $1,023,225 |
FRIENDS OF THE CHILDREN - HE SAPA PURPOSE: CHAPTER SUPPORT | $995,000 |
Los Angeles, CA PURPOSE: CHAPTER SUPPORT | $474,860 |
Fargo, ND PURPOSE: CHAPTER SUPPORT | $393,575 |
Kearns, UT PURPOSE: CHAPTER SUPPORT | $368,805 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Friends Of The Children - National Office has recieved totaling $5,050,080.
| Awarding Organization | Amount |
|---|---|
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO SUPPORT THE NO MATTER WHAT: PROFESSIONAL MENTORING PROJECT FOR CHILDREN OF TRANSITION AGE FOSTER YOUTH. | $1,600,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO SUPPORT A RANDOMIZED CONTROL TRIAL OF THE NO MATTER WHAT: PROFESSIONAL MENTORING PROJECT FOR CHILDREN OF TRANSITION AGE FOSTER YOUTH. | $1,000,000 |
Stand Together Foundation Arlington, VA PURPOSE: General Operating | $925,421 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO SUPPORT THE NO MATTER WHAT: PROFESSIONAL MENTORING PROJECT FOR CHILDREN OF TRANSITION AGE FOSTER YOUTH. | $800,000 |
Vital Life - A Marquis And Consonus Foundation Milwaukie, OR PURPOSE: General support | $180,000 |
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $100,000 |
Endowment Analysis
| Beg. Balance | $8,191,160 |
| Earnings | -$938,729 |
| Net Contributions | $200,000 |
| Ending Balance | $7,452,431 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of The Children - National Office Portland, OR | $36,919,587 | $29,716,709 |
Moxie Foundation San Diego, CA | $0 | $190,347 |
Friends Of The Children-Portland Portland, OR | $7,514,671 | $8,796,476 |
Friends Of The Children Seattle Seattle, WA | $2,295,833 | $3,716,808 |
Coachart Org Los Angeles, CA | $1,911,387 | $2,686,018 |
First Graduate San Francisco, CA | $1,974,240 | $2,044,310 |
Escondido Education Compact Escondido, CA | $478,925 | $1,530,933 |
Young Storytellers Foundation Los Angeles, CA | $1,331,918 | $1,788,539 |
Friends Of The Children - Southwest Washington - Swwa Vancouver, WA | $1,131,400 | $2,098,730 |
Seven Tepees Youth Program San Francisco, CA | $2,266,460 | $682,638 |
Friends For Youth Inc Palo Alto, CA | $884,450 | $1,205,149 |
Higher Ground Youth And Family Services Inc Yorba Linda, CA | $2,621,638 | $1,302,190 |