Friends Of The Children-Boston Inc

Organization Overview

Friends Of The Children-Boston Inc is located in Boston, MA. The organization was established in 2005. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 08/2022, Friends Of The Children-Boston Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Children-Boston 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 08/2022, Friends Of The Children-Boston Inc generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $2.2m during the year ending 08/2022. While expenses have increased by 9.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

IMPACTING GENERATIONAL CHANGE BY EMPOWERING YOUTH WHO ARE FACING THE GREATEST OBSTACLES THROUGH RELATIONSHIPS WITH PROFESSIONAL MENTORS - 12+ YEARS, NO MATTER WHAT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FRIENDS OF THE CHILDREN-BOSTON CREATES GENERATIONAL CHANGE BY ENGAGING CHILDREN FROM HIGH-RISK COMMUNITIES IN 12 1/2 YEARS OF TRANSFORMATIVE MENTORING RELATIONSHIPS. WE CALL THE CHILDREN WE SERVE ACHIEVERS TO DEMONSTRATE OUR BELIEF IN THEIR POTENTIAL; OUR LONG TERM GOAL IS FOR ACHIEVERS TO GRADUATE FROM HIGH SCHOOL AND SUCCEED IN COLLEGE. OUR PROGRAM CONSISTS OF 20 HOURS A MONTH OF COMPREHENSIVE MENTORING AND ADVOCACY SUPPORT.


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Board, Officers & Key Employees

Name (title)Compensation
Yi-Chin Chen
Executive Director
$129,978
Allen C Nunnally
Clerk
$0
Jeff Somers
Treasurer
$0
Julie Lynch
Co-Chair
$0
Robert E Hallagan
Co-Chair
$0
Michael Cleary
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$495,527
Related organizations$0
Government grants $74,223
All other contributions, gifts, grants, and similar amounts not included above$4,704,896
Noncash contributions included in lines 1a–1f $25,360
Total Revenue from Contributions, Gifts, Grants & Similar$5,274,646
Total Program Service Revenue$0
Investment income $5,738
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$78,901
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,201,483

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Friends Of The Children-Boston Inc has recieved totaling $519,244.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$86,100
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$85,034
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$62,513
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$62,513
Friends Of The Children - National Office

Portland, OR

PURPOSE: CHAPTER SUPPORT

$61,764
Greenlight Fund Inc

Boston, MA

PURPOSE: GENERAL SUPPORT

$50,000
View Grant Recipient Profile

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