Friends Of The Elderly Inc is located in Tewksbury, MA. The organization was established in 1985. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Elderly 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 11/2021, Friends Of The Elderly Inc generated $414.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (54.8%) each year. All expenses for the organization totaled $4.9k during the year ending 11/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SOCIAL EVENTS, SUCH AS DINNERS, DANCES, BREAKFASTS AND DAY TRIPS FOR THE ELDERLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Ricardo President | 0.5 | $0 | |
Linda Ricardo-Brabant Treasurer | 17.5 | $0 | |
Katherine Maher Clerk | 22.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $412 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $414 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,354 |
Total expenses | $4,854 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $6,869 |
Other assets | $0 |
Total assets | $6,869 |
Total liabilities | $0 |
Net assets or fund balances | $6,869 |
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