Bay Area Friendship Circle
- Assets
- $865.9k
- Revenue
- $730.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Palo Alto, CA
- Founding
- 10/2006
- Data as of
- 06/2023
- EIN
- 20-4889813
Organization Overview
Bay Area Friendship Circle is located in Palo Alto, CA. The organization was established in 2006. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2023, Bay Area Friendship Circle employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Area Friendship Circle 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 06/2023, Bay Area Friendship Circle generated $730.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $514.1k during the year ending 06/2023. While expenses have increased by 2.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSISTANCE AND SUPPORT TO THE FAMILIES OF CHILDREN WITH SPECIAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FRIENDS AND COMPANIONS FOR CHILDREN WITH SPECIAL NEEDS AND TO TEACH COMPASSION AND INCLUSION TO CHILDREN IN A GENERAL EDUCATIONAL ENVIRONMENT. TEENAGE VOLUNTEERS VISIT THE CHILDREN AT HOME ONCE A WEEK. THE CHILD GAINS A SPECIAL FRIEND WHILE THE PARENTS ARE GIVEN A MUCH NEEDED RESPITE. THE VOLUNTEERS THEMSELVES BECOME EMPOWERED AND ENRICHED AS THEIR OWN MORAL CHARACTER GROWS THROUGH THEIR SERVICE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yosef Levin President | Officer | 0 | $0 |
Leroy Allen Weese Treasurer | Officer | 0 | $0 |
Nechama Schusterman Secretary | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $147,360 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $429,854 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $577,214 |
| Total Program Service Revenue | $99,908 |
| Investment income | $6,256 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,784 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $730,112 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,648 |
| 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 | $112,702 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,500 |
| Payroll taxes | $21,661 |
| 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 | $26,127 |
| Advertising and promotion | $4,064 |
| Office expenses | $2,656 |
| Information technology | $1,931 |
| Royalties | $0 |
| Occupancy | $40,253 |
| Travel | $1,151 |
| 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 | $816 |
| Insurance | $9,441 |
| All other expenses | $11,778 |
| Total functional expenses | $514,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $796,723 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $64,398 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,836 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,965 |
| Total assets | $865,922 |
| Accounts payable and accrued expenses | $0 |
| 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 | $38,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $120,275 |
| Total liabilities | $158,275 |
| Net assets without donor restrictions | $0 |
| 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 | $707,647 |
| Total liabilities and net assets/fund balances | $865,922 |
Grants Awarded
Over the last fiscal year, Bay Area Friendship Circle has awarded $709,333 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHABAD OF GREATER SOUTH BAY | | | $622,998 |
LOS ALTOS CHABAD | | | $86,335 |