Friendship-West Faithformula Humanservices
- Assets
- $296.4k
- Revenue
- $861.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Dallas, TX
- Founding
- 06/2007
- Data as of
- 09/2021
- EIN
- 20-4559690
Organization Overview
Friendship-West Faithformula Humanservices is located in Dallas, TX. The organization was established in 2007. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 09/2021, Friendship-West Faithformula Humanservices employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendship-West Faithformula Humanservices is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FAITH FORMULA HUMAN SERVICES IS A NON-PROFIT ORGANIZATION WHOSE MISSION IT IS TO PROVIDE SERVICES TO THOSE WHO ARE IN NEED WHILE ASSESSING THEIR SOCIAL AND HUMAN NECESSITIES FOR EMPOWERMENT TOWARD SELF-IMPROVEMENT AND TRANSFORMATION OF THEIR CURRENT CONDITION. THE ORGANIZATION MEETS THE NEEDS OF INDIVIDUALS AND FAMILIES BY PROVIDING GROCERIES, CLOTHING, ASSISTANCE WITH UTILITY BILLS, AND RENTAL AND MORTGAGE PAYMENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, THERE WERE FAMILIES THAT WERE ON THE VERGE OF LOSING THEIR APARTMENTS OR HOUSES BECAUSE THEY NEEDED MORTGAGE / RENT ASSISTANCE. THESE NEEDS WERE MET BY FAITH FORMULA.
FAITH FORMULA PROVIDES INDIVIDUALS AND FAMILIES WITH LIFE-SUSTAINING UTILITY ASSISTANCE
IN 2021, THERE WERE PEOPLE THAT CAME TO FAITH FORMULA BECAUSE THEY NEEDED CLOTHING. THERE WERE FAMILIES THAT CAME TO FAITH FORMULA BECAUSE THEY NEEDED FOOD. FAITH FORMULA SUPPORTED THE COMMUNITY WITH A BACK TO SCHOOL FAIR AND A THRIVE INTERN SUMMER PROGRAM THAT EMPLOYEES TEENAGES. FAITH FORMULA PROVIDES SHORT MOTEL STAYS BECAUSE DALLAS HAS A SHORTAGE OF SHELTERS FOR BATTERED WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veta Holt Director | Trustee | 5 | $0 |
Damien Durr Executive VP | Officer | 15 | $0 |
Dr Frederick D Haynes III President | Officer | 5 | $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 | $861,782 |
| Noncash contributions included in lines 1a–1f | $260,667 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $861,782 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $861,787 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $239,225 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,407 |
| Payroll taxes | $17,569 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $111,734 |
| Advertising and promotion | $0 |
| Office expenses | $49,785 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,661 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $13,940 |
| Total functional expenses | $556,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,535 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $144,869 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $296,404 |
| Accounts payable and accrued expenses | $3,874 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,874 |
| Net assets without donor restrictions | $292,530 |
| Net assets with donor restrictions | $0 |
| 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 | $296,404 |