Friendly Hand Foundation
- Assets
- $1.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 38
- Location
- Los Angeles, CA
- Founding
- 05/1952
- Data as of
- 12/2023
- EIN
- 95-1870626
Organization Overview
Friendly Hand Foundation is located in Los Angeles, CA. The organization was established in 1952. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Friendly Hand Foundation employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendly Hand 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 12/2023, Friendly Hand Foundation generated $1.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 9.9% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROVIDE ADULT WOMEN WHO ARE SEEKING RECOVERY FROM ALCOHOL AND OTHER SUBSTANCE USE DISORDERS WITH A SAFE, STRUCTURED AND SUPPORTIVE HOME-LIKE ENVIRONMENT THAT FOSTERS RECOVERY, PERSONAL GROWTH AND CIVIC RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEGGY ALBRECHT FRIENDLY HOUSE, A COMMUNITY BASED NON-PROFIT LICENSED DETOX AND RESIDENTIAL TREATMENT PROGRAM, PROVIDES A UNIQUE REHABILITATIVE EXPERIENCE IN A HIGHLY STRUCTURED AND SECURED HOME-LIKE ENVIRONMENT THAT INCLUDES HOUSING, MEALS, INDIVIDUAL AND GROUP COUNSELING MEETINGS, ADMINISTERED BY LICENSED AND CERTIFIED INDIVIDUALS, ROOTED IN A TWELVE-STEP PHILOSOPHY THAT IS DESIGNED TO SUPPORT THE RECOVERY PROCESS FROM ALCOHOL AND OTHER SUBSTANCE USE DISORDERS. PEGGY ALBRECHT FRIENDLY HOUSE ALSO SUPPORTS A SECONDARY SOBER LIVING RESIDENCE FOR WOMEN EIGHTEEN YEARS OF AGE AND OLDER WORKING A TWELVE-STEP PROGRAM OF RECOVERY AND SOBRIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Simos Executive Dir. | Trustee | 40 | $123,500 |
Ruth Zakowski Business Mgr. | Trustee | 10 | $48,000 |
Dina Lapolt Director | Trustee | 1 | $0 |
Monique St Pierre Treasurer | OfficerTrustee | 1 | $0 |
Katey Sagal Director | Trustee | 1 | $0 |
Cortney Shegerian Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $105,816 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $518,654 |
| Noncash contributions included in lines 1a–1f | $2,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $624,470 |
| Total Program Service Revenue | $936,095 |
| Investment income | $6,574 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$26,830 |
| Net Income from Fundraising Events | $82,784 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,623,093 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $123,500 |
| Compensation of current officers, directors, key employees. | $61,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $817,714 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $110,324 |
| Payroll taxes | $77,474 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $63,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,898 |
| Fees for services: Other | $88,529 |
| Advertising and promotion | $100,348 |
| Office expenses | $27,344 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $144,305 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $61,673 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $36,899 |
| All other expenses | $76,967 |
| Total functional expenses | $2,014,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,686 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $335,510 |
| 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 | $15,428 |
| Net Land, buildings, and equipment | $571,879 |
| Investments—publicly traded securities | $224,868 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,289,371 |
| Accounts payable and accrued expenses | $44,304 |
| 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 | $1,004,552 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,600 |
| Total liabilities | $1,051,456 |
| Net assets without donor restrictions | -$75,262 |
| Net assets with donor restrictions | $313,177 |
| 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 | $1,289,371 |