Friends Of The Dracut Elderly Inc
- Assets
- $78.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dracut, MA
- Founding
- 08/1986
- Data as of
- 09/2022
- EIN
- 22-2511961
Organization Overview
Friends Of The Dracut Elderly Inc is located in Dracut, MA. The organization was established in 1986. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Dracut Elderly 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 09/2022, Friends Of The Dracut Elderly Inc generated $14.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $14.9k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (15.2%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATION, PHYSICAL FITNESS, AND ENTERTAINMENT TO THE ELDERLY IN THE DRACUT AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Langlois President | 0 | $0 | |
Mark Ivos Vice Preside | 0 | $0 | |
Linda Tamvaklis Treasurer | 0 | $0 | |
Olga Parkins Secretary/cl | 0 | $0 | |
Barbara Dickinson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,650 |
| Total Program Service Revenue | $10,901 |
| Membership dues | $0 |
| Investment income | $165 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$6,431 |
| Other Revenue | $0 |
| Total Revenue | $14,494 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,003 |
| Total expenses | $14,853 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,343 |
| Other assets | $0 |
| Total assets | $78,343 |
| Total liabilities | $1,387 |
| Net assets or fund balances | $76,956 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Dracut Elderly Inc has recieved totaling $646.
| Awarding Organization | Amount |
|---|---|
We Share A Common Thread Foundation Inc Lowell, MA PURPOSE: EXEMPT PURPOSES | $646 |
Peer Organizations
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|---|---|---|
Imran Kahn Cancer Appeal Inc Farmington, CT | $18,457,152 | $11,290,302 |
Suite 130 Plastic Surgery Pc Westbury, NY | $311,544 | $6,208,603 |
Alliance For Living Inc New London, CT | $1,922,229 | $2,149,425 |
Save One Life Inc Danvers, MA | $1,716,000 | $1,621,245 |
Oxalosis And Hyperoxaluria Foundation New Paltz, NY | $5,688,162 | $1,693,241 |
Friends Of Dana-Farber Cancer Institute Boston, MA | $1,314,181 | $812,103 |
American Friends Of London School Of Hygiene & Tropical Medicine Inc New Yorkl, NY | $0 | $0 |
International Friends Of Elton John Aids Foundation Uk New York, NY | $0 | $305,257 |
Santa Fe Group Inc New York, NY | $927,640 | $518,464 |
Connecticut Brain Tumor Allianceinc Avon, CT | $292,366 | $258,771 |
Drive Against Diabetes Inc North Tonawanda, NY | $229,620 | $146,389 |
Camp Rising Sun Inc Oakdale, CT | $373,223 | $226,250 |