930 Freinds
- Assets
- $520.5k
- Revenue
- $59.9k
- Investments
- $395.0k
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 04/2008
- Data as of
- 12/2023
- EIN
- 20-8410999
Organization Overview
930 Freinds is located in Memphis, TN. The organization was established in 2008. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 930 Freinds 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 12/2023, 930 Freinds generated $59.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $78.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, 930 Freinds has awarded 11 individual grants totaling $326,053. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
930 FRIENDS WAS INCORPORATED IN 2007 TO DEVELOP AND MANAGE COLLABORATIONS BETWEEN CHURCH HEALTH CENTER'S EYE CARE CLINIC AND OTHER TAX-EXEMPT ORGANIZATIONS. THESE COLLABORATIONS INCREASE BENEFICIAL CAPACITY TO TREAT EYE DISEASE AND TO FOSTER RESEARCH FOR THE PREVENTION OF BLINDNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING ORGANIZATIONS AND COLLABORATIONS BETWEEN ORGANIZATIONS THAT PROVIDE EYE CARE HEALTH SERVICES TO INDIVIDUALS WITH LITTLE OR NO ACCESS TO HEALTHCARE THAT FOSTER PHYSICAL, EMOTIONAL AND SPIRITUAL WELL-BEING AMONG PATIENTS, PARTICIPANTS, FAMILIES AND THE COMMUNITY AT LARGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James C Fleming MD Chairman | OfficerTrustee | 1 | $0 |
Stephen Huddleston MD Secretary | OfficerTrustee | 1 | $0 |
John M Freeman MD Director | Trustee | 1 | $0 |
Russel Ingram 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 | $45,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,000 |
| Total Program Service Revenue | $0 |
| Investment income | $15,946 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,096 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $59,850 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $65,457 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,780 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $9,889 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $78,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,598 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $14,925 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $395,018 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $520,541 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $520,541 |
| 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 | $520,541 |
Grants Awarded
Over the last fiscal year, 930 Freinds has awarded $65,457 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TENNESSEE PURPOSE: VARIOUS SUPPORT | $39,927 |
WORLD CATARACT FOUNDATION PURPOSE: VARIOUS SUPPORT | $25,530 |