Friends Forever
- Assets
- $3.9m
- Revenue
- $1.3m
- Investments
- $816.3k
- Employees
- 6
- Location
- Durham, NH
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 02-0482213
Organization Overview
Friends Forever, operating under the name Friends Forever International, is located in Durham, NH. The organization was established in 1997. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2021, Friends Forever International employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Forever International 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 12/2021, Friends Forever International generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $597.1k during the year ending 12/2021. While expenses have increased by 4.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WORKING WITH COMMUNITIES AROUND THE GLOBE TO BUILD THE LEADERSHIP ABILITIES OF YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS FOREVER INTERNATIONAL (FFI) SERVES TEENS FROM AREAS OF CONFLICT ALL OVER THE WORLD THROUGH A YEAR-LONG LEADERSHIP PROGRAM THAT IS DESIGNED TO DISSOLVE FEAR AND MISTRUST ACROSS CULTURAL DIVIDES. ALL SESSIONS BEGIN WITH A TWO-WEEK RETREAT IN A US HOST COMMUNITY ORGANIZED BY A TRAINED TEAM OF LOCAL VOLUNTEERS. DURING 2020, 100 YOUNG PEOPLE REPRESENTING 24 CULTURAL IDENTITIES PARTICIPATED IN FFI PROGRAMS, ENGAGING WITH MORE THAN 1,800 COMMUNITY MEMBERS AND OVER 100 ORGANIZATIONS WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Martineau Executive Director | Officer | 40 | $102,590 |
Jameson French Chair | OfficerTrustee | 2 | $0 |
Josephine Lamprey Vice Chair | OfficerTrustee | 1 | $0 |
Timothy Allison Secretary | OfficerTrustee | 1 | $0 |
Robert Raiche Jr Treasurer | OfficerTrustee | 2 | $0 |
Funso Afolayan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $122,398 |
| Related organizations | $0 |
| Government grants | $85,007 |
| All other contributions, gifts, grants, and similar amounts not included above | $939,313 |
| Noncash contributions included in lines 1a–1f | $370,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,146,718 |
| Total Program Service Revenue | $102,593 |
| Investment income | $18,785 |
| 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 | $1,268,096 |
| 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. | $102,590 |
| Compensation of current officers, directors, key employees. | $25,647 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $132,181 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,812 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,224 |
| Advertising and promotion | $8 |
| Office expenses | $17,021 |
| Information technology | $6,638 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,418 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,854 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,054 |
| Insurance | $19,147 |
| All other expenses | $20,388 |
| Total functional expenses | $597,121 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,139 |
| Savings and temporary cash investments | $13,609 |
| 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 | $2,864,452 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $816,331 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,879,531 |
| Accounts payable and accrued expenses | $20,697 |
| 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 | $720,205 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $740,902 |
| Net assets without donor restrictions | $3,095,627 |
| Net assets with donor restrictions | $43,002 |
| 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 | $3,879,531 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Forever has recieved totaling $39,809.
| Awarding Organization | Amount |
|---|---|
Volunteer Nh Concord, NH PURPOSE: VOLUNTEER TRAINING | $29,809 |
Caswell Foundation Rye, NH PURPOSE: FOREIGN EXCHANGE SCHOLARSHIPS | $10,000 |
Endowment Analysis
| Beg. Balance | $12,265 |
| Earnings | $1,344 |
| Ending Balance | $13,609 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Possible Project Inc Boston, MA | $20,628,656 | $12,891,174 |
The Boston Education Development Foundation Inc Roxbury, MA | $14,159,042 | $7,338,660 |
Kimi Nichols Center Plaistow, NH | $2,742,152 | $7,599,619 |
School For Field Studies Inc Beverly, MA | $5,278,394 | $3,036,035 |
Massachuesetts Education And Career Opportunties Inc Worcester, MA | $1,916,451 | $3,715,649 |
Phillips Brook House Association Incorporated Cambridge, MA | $8,296,823 | $4,239,516 |
Massrobotics Inc Boston, MA | $5,521,015 | $2,970,436 |
Trio New College Network Inc Boston, MA | $2,088,983 | $2,177,684 |
The Wily Network Inc West Roxbury, MA | $4,535,759 | $3,123,789 |
Campus Compact For New Hampshire Concord, NH | $5,228,375 | $1,519,463 |
Young Peoples Project Inc Cambridge, MA | $2,572,030 | $2,610,001 |
Association Of Amherst Students Inc Amherst, MA | $258,063 | $900,120 |