Friends Of Tilonia Inc
- Assets
- $199.4k
- Revenue
- $187.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 12/2003
- Data as of
- 07/2024
- EIN
- 11-3569536
Organization Overview
Friends Of Tilonia Inc is located in Brooklyn, NY. The organization was established in 2003. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Tilonia 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 07/2024, Friends Of Tilonia Inc generated $187.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $175.5k during the year ending 07/2024. While expenses have increased by 15.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF TILONIA WORKS WITH ARTISAN ENTERPRISES IN RURAL COMMUNITIES IN EMERGING MARKETS WHICH LACK ADEQUATE ACCESS TO MARKETS OR CAPITAL DUE IN PART TO THEIR REMOTE LOCATIONS OR LIMITED RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN PARTNERSHIP WITH THE FOUNDATION FOR RURAL RECOVERY AND DEVELOPMENT FORRAD, WE SUPPORT THE KALIYACHAK GIRLS LEARNING CENTER IN RURAL BIHAR, INDIA, PROVIDING EDUCATION AND VOCATIONAL TRAINING TO MORE THAN 140 GIRLS AND TWO DOZEN TRAINEES.
WE PROVIDE BUSINESS COACHING, MENTORING, AND MARKETING DEVELOPMENT SUPPORT FOR MORE THAN 15 ARTISAN ENTERPRISES GENERATING LIVELIHOODS FOR MORE THAN 12,200 ARTISANS AND FARMERS IN RURAL COMMUNITIES WITH FEW ECONOMIC ALTERNATIVES IN 11 COUNTRIES.
WE PROVIDE SALES AND MARKETING SUPPORT FOR MORE THAN 15 ARTISAN ENTERPRISES CREATING LIVELIHOODS IN RURAL COMMUNITIES IN INDIA, MEXICO AND GUATEMALA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Fish President/ Exec Director | OfficerTrustee | 40 | $4,015 |
Elizabeth Keating Treasurer | OfficerTrustee | 1 | $0 |
Kirstin Westcott Hoffman Secretary | OfficerTrustee | 1 | $0 |
Shirley Dawkins Director | Trustee | 1 | $0 |
Sahar Ghaheri Director | Trustee | 1 | $0 |
Victoria Kirk Owal Director | Trustee | 1 | $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 | $176,549 |
| Noncash contributions included in lines 1a–1f | $55,995 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,549 |
| Total Program Service Revenue | $0 |
| Investment income | $3,062 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$269 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,568 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $187,910 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $129 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $140,325 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,110 |
| Compensation of current officers, directors, key employees. | $668 |
| 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 | $219 |
| Fees for services: Accounting | $4,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $488 |
| Fees for services: Other | $2,238 |
| Advertising and promotion | $0 |
| Office expenses | $3,540 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,030 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,783 |
| Interest | $3,382 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,654 |
| All other expenses | $0 |
| Total functional expenses | $175,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,132 |
| Savings and temporary cash investments | $25,490 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $983 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,696 |
| Prepaid expenses and deferred charges | $7,757 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $82,430 |
| Investments—other securities | $0 |
| Investments—program-related | $75,957 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $199,445 |
| Accounts payable and accrued expenses | $20,444 |
| 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 | $78 |
| Other liabilities | $0 |
| Total liabilities | $20,522 |
| Net assets without donor restrictions | -$5,078 |
| Net assets with donor restrictions | $184,001 |
| 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 | $199,445 |