Friendship Center Inc
- Assets
- $17.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coldwater, MI
- Founding
- 06/2002
- Data as of
- 09/2024
- EIN
- 02-0546694
Organization Overview
Friendship Center Inc is located in Coldwater, MI. The organization was established in 2002. According to its NTEE Classification (F32) the organization is classified as: Community Mental Health Centers, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendship Center 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 09/2024, Friendship Center Inc generated $76.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $78.1k during the year ending 09/2024. While expenses have increased by 3.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE OPERATION OF A DROP IN CENTER WHICH PROVIDES SOCIAL SUPPORT FOR ADULT PERSONS LABELLED AS MENTALLY ILL OR HAVING A HISTORY AND/OR A HIGH RISK OF PSYCHIATRIC HOSPITAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stormy Potter President | 1 | $0 | |
Terry Lincoln Vice President | 28 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,318 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,318 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,810 |
| Professional fees and other payments to independent contractors | $7,195 |
| Occupancy, rent, utilities, and maintenance | $12,126 |
| Printing, publications, postage, and shipping | $18,009 |
| Other expenses | $0 |
| Total expenses | $78,140 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,808 |
| Other assets | $0 |
| Total assets | $17,815 |
| Total liabilities | $1,243 |
| Net assets or fund balances | $16,572 |