International Council Of Friends
- Assets
- $23.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sugar Grove, IL
- Founding
- 11/2005
- Data as of
- 12/2020
- EIN
- 20-1382841
Organization Overview
International Council Of Friends is located in Sugar Grove, IL. The organization was established in 2005. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, 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. International Council Of Friends 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 12/2020, International Council Of Friends generated $184.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $211.8k during the year ending 12/2020. While expenses have increased by 12.8% per year over the past 5 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
2020
Describe the Organization's Program Activity:
Part 3
TO CONNECT BUSINESS LEADERS IN A FORUM IN ORDER TO ADDRESS MORAL, SPIRITUAL AND RELATIONAL ASPECTS OF CORPORATE EXECUTIVES AND LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Williames President | 40 | $0 | |
Ian Ostergaard Treasurer | 10 | $0 | |
Ingrid Williames Secretary | 10 | $0 | |
Megan Mckinley Director Of Young Professionals Fellowship | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,963 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,675 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $184,638 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $130,621 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $200 |
| Other expenses | $74,973 |
| Total expenses | $211,794 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,128 |
| Other assets | $0 |
| Total assets | $23,128 |
| Total liabilities | $724 |
| Net assets or fund balances | $22,404 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that International Council Of Friends has recieved totaling $57,884.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $56,884 |
Enjoy A Better Life Foundation Nfp Libertyville, IL PURPOSE: GENERAL | $1,000 |
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