The Country Friends Inc
- Assets
- $844.7k
- Revenue
- $399.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Rancho Santa Fe, CA
- Founding
- 11/1955
- Data as of
- 12/2023
- EIN
- 95-6514998
Organization Overview
The Country Friends Inc is located in Rancho Santa Fe, CA. The organization was established in 1955. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Country Friends 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, Country Friends Inc generated $399.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $389.0k during the year ending 12/2023. While expenses have increased by 0.6% 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.
Since 2015, Country Friends Inc has awarded 258 individual grants totaling $1,307,633. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS TO SUPPORT HUMAN CARE AGENCIES LOCATED IN SAN DIEGO COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COUNTRY FRIENDS IS A PROUD PHILANTHROPIC MEMBER OF THE COMMUNITY. WE ARE A 501(C)3 ORGANIZATION FOUNDED IN 1954, AND THRIVING FOR MORE THAN 60 YEARS.OUR MISSION IS TO SUPPORT SAN DIEGO BASED HUMAN CARE AGENCIES, ESPECIALLY THOSE THAT BENEFIT WOMEN, CHILDREN, THE ELDERLY, MILITARY AND THOSE WITH DISABILITIES. WE GENERATE OUR FUNDS VIA OUR BEAUTIFUL CONSIGNMENT SHOP IN DOWNTOWN RANCHO SANTA FE, AS WELL AS FROM SEVERAL POPULAR AND WELL-ATTENDED FUNDRAISING EVENTS. OVER THE PAST SIX DECADES WE HAVE AWARDED ALMOST $13 MILLION TO LOCAL SAN DIEGO HUMAN CARE AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yvette Letourneau Third Vp-Dir | OfficerTrustee | 40 | $0 |
Suzanne Newman President | OfficerTrustee | 2 | $0 |
Deborah Cross First Vice Pres | OfficerTrustee | 2 | $0 |
Marci Cavanaugh Second Vp-Human | OfficerTrustee | 2 | $0 |
Trish Bugg Recording Secre | OfficerTrustee | 2 | $0 |
Janean Stripe President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,017 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,017 |
| Total Program Service Revenue | $1,600 |
| Investment income | $5,300 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $95,070 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $226,014 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $58,815 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $399,816 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $212,900 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $518 |
| Advertising and promotion | $7,618 |
| Office expenses | $11,366 |
| Information technology | $24,843 |
| Royalties | $0 |
| Occupancy | $74,024 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $1,801 |
| Total functional expenses | $389,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $324,678 |
| Savings and temporary cash investments | $179,223 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $340,752 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $844,653 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,884 |
| Total liabilities | $5,884 |
| Net assets without donor restrictions | $838,769 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $844,653 |
Grants Awarded
Over the last fiscal year, The Country Friends Inc has awarded $159,200 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS TO MEN | | | $7,000 |
CASA DE AMPARO | | | $15,000 |
COMMUNITY RESOURCE CENTER PURPOSE: PURCHASE PROGRAM & TRAINING MATERIA | $10,000 |
CONNECTMED INTERNATIONAL | | | $6,000 |
CONNERS CAUSE FOR CHILDREN | | | $8,000 |
GENERATE HOPE | | | $8,000 |