Friendly House Inc
- Assets
- $3.3m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 129
- Location
- Worcester, MA
- Founding
- 01/1936
- Data as of
- 06/2022
- EIN
- 04-2104239
Organization Overview
Friendly House Inc is located in Worcester, MA. The organization was established in 1936. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 06/2022, Friendly House Inc employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendly House 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 06/2022, Friendly House Inc generated $6.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $6.0m during the year ending 06/2022. While expenses have increased by 4.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE NEEDY PERSONS WITH SHELTER, RECREATION, DAYCAMP, CHILD CARE AND FEEDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHELTER PROGRAM: PROVIDES EMERGENCY HOUSING FOR ELIGIBLE PARTICIPANTS.
CHILD FEEDING: PROGRAM TO PROVIDE MEALS TO ELIGIBLE CHILDREN.
PERSONAL DEVELOPMENT: SOCIAL AND RECREATIONAL PROGRAMS FOR ELIGIBLE PARTICIPANTS.
RECREATION: PROVIDES CONSTRUCTIVE AND SATISFYING USE OF LEISURE TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Payne CFO | Officer | 30 | $132,787 |
Jerry Schlater Acting Executive Director | Officer | 30 | $109,337 |
Gordon Hargrave Executive Director | Officer | 40 | $61,676 |
James Carney President | OfficerTrustee | 1 | $0 |
Elizabeth Young Vice Chair Person | OfficerTrustee | 1 | $0 |
Peter Tamulis Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $177,742 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,013,832 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,191,574 |
| Total Program Service Revenue | $4,809,606 |
| Investment income | $2,934 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $39,725 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,043,839 |
| 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. | $303,800 |
| Compensation of current officers, directors, key employees. | $166,990 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,257,358 |
| Pension plan accruals and contributions | $6,901 |
| Other employee benefits | $260,020 |
| Payroll taxes | $212,130 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,130 |
| Fees for services: Accounting | $29,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,431 |
| Fees for services: Other | $467,667 |
| Advertising and promotion | $0 |
| Office expenses | $11,512 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,571,281 |
| Travel | $36,755 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,781 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $75,409 |
| All other expenses | $13,378 |
| Total functional expenses | $6,006,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $876,218 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $633,007 |
| 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 | $24,323 |
| Net Land, buildings, and equipment | $1,504,649 |
| Investments—publicly traded securities | $257,928 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,296,125 |
| Accounts payable and accrued expenses | $371,538 |
| 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 | $441,578 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $813,116 |
| Net assets without donor restrictions | $2,276,506 |
| Net assets with donor restrictions | $206,503 |
| 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 | $3,296,125 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friendly House Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Hanover Insurance Group Foundation Inc Worcester, MA PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
Endowment Analysis
| Beg. Balance | $37,700 |
| Ending Balance | $37,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Springfield Rescue Mission Inc Springfield, MA | $3,518,136 | $17,540,773 |
Good Plus Foundation Inc New York, NY | $6,013,741 | $13,844,054 |
Ocean State Job Lot Charitable Foundation North Kingstown, RI | $5,018,116 | $7,935,020 |
Greg Hill Foundation Woburn, MA | $6,630,527 | $13,875,487 |
Caties Closet Inc Dracut, MA | $4,577,081 | $8,342,538 |
My Brothers Keeper Inc South Easton, MA | $7,204,366 | $7,147,768 |
Afya Foundation Inc Yonkers, NY | $5,777,434 | $5,238,210 |
Friendly House Inc Worcester, MA | $3,296,125 | $6,043,839 |
Rhode Island Rescue Ministries Providence, RI | $741,664 | $4,494,936 |
National Basketball Players Assoc Foundation New York, NY | $40,266,235 | $3,599,833 |
Bridge Fund Of New York Inc New York, NY | $5,307,792 | $4,504,357 |
Blue Card Inc New York, NY | $3,666,772 | $3,534,542 |