Friendship Center Inc is located in Hackettstown, NJ. The organization was established in 1992. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2024, Friendship Center Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendship Center 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 06/2024, Friendship Center Inc generated $593.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $651.8k during the year ending 06/2024. While expenses have increased by 4.1% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
INTERGENERATIONAL DAY CARE FOR AGES 2 1/2 TO 6 YEARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FRIENDSHIP CENTER IS AN INTERGENERATIONAL CHILD CARE FACILITY THAT INCORPORATES SENIOR CITIZENS FROM HEATH VILLAGE, AN ADJACENT RETIREMENT COMMUNITY, INTO ITS CHILD CARE PROGRAMS. SENIOR VOLUNTEERS ASSIST THE CENTER'S PROFESSIONAL STAFF BY TEACHING FOREIGN LANGUAGES, CONDUCTING NATURE WALKS, PROVIDING MUSICAL ACCOMPANIMENT, READING STORIES, AND SUPERVISING CRAFT AND WOODWORKING PROJECTS. CHILDREN ALSO INTERACT WITH SENIORS THROUGH A PEN PAL PROGRAM, AT SPECIAL EVENTS AND AT HOLIDAY CELEBRATIONS. OTHER PROGRAMS AND ACTIVITIES INCLUDE ART, COMPUTERS, DANCE, SCIENCE/NATURE, SOCCER, SWIM LESSONS, AND MORE. THE FACILITY ALSO UTILIZES AN INTERACTIVE WHITE BOARD WHICH INCORPORATES TECHNOLOGY INTO THE LESSON PLANS. THE PROGRAMS ARE DEVELOPMENTALLY AGE APPROPRIATE AND ARE DESIGNED TO FOSTER SELF-CONFIDENCE, IMPROVE COMPETENCE IN SELF-HELP SKILLS, AND DEVELOP THOSE LANGUAGE ABILITIES AND INNER CONTROLS NECESSARY FOR EFFECTIVE SOCIAL INTERACTION. THE FACILITY STRESSES THE PROCESS OF LEARNING AND DISCOVERY TO PREPARE THE CHILD FOR THE MANY AND VARIED LEARNING SITUATIONS HE OR SHE WILL ENCOUNTER THROUGHOUT LIFE, ATTACHING EQUAL IMPORTANCE TO EMOTIONAL, PHYSICAL, SOCIAL AND INTELLECTUAL DEVELOPMENT. DURING THE FISCAL YEAR ENDING JUNE 30, 2024, THE FACILITY SERVED 66 STUDENTS THROUGHOUT THE SCHOOL YEAR, OF WHICH 32 STUDENTS PARTICIPATED IN SWIM LESSONS DURING THE SUMMER SESSION. THERE WERE 23 SENIORS WHO PARTICIPATED IN THE PEN PAL PROGRAM, IN WHICH STUDENTS AND THEIR SENIOR PEN PALS EXCHANGED CARDS, PICTURES AND CRAFTS THROUGHOUT THE YEAR. ONE SENIOR VOLUNTEER TAUGHT GERMAN SONGS TO THE STUDENTS WHICH WERE PERFORMED DURING THE WINTER HOLIDAY SEASON AND AT GRADUATION. ANOTHER VOLUNTEER PROVIDED A WEEKLY MATH PROGRAM THAT INCLUDED MATH GAMES AND LESSONS FOR THE PRE-KINDERGARTEN CLASSES. THE STUDENTS ALSO VISITED THE HEATH VILLAGE LIBRARY ON A WEEKLY BASIS WHERE A VOLUNTEER READ TO THEM, AND ANOTHER ASSISTED THEM WITH CHECKING OUT A BOOK.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kelly Stiles President | OfficerTrustee | 0.25 | $0 |
John Reynolds Secretary | OfficerTrustee | 0.25 | $0 |
Jorel Alberti Treasurer | OfficerTrustee | 0.25 | $0 |
Evelyn Lesch Trustee | Trustee | 0.25 | $0 |
Jennifer Gallegly Trustee | Trustee | 0.25 | $0 |
Patrick E Brady Trustee | Trustee | 0.25 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $602,014 |
Investment income | $9,828 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$20,861 |
Net Income from Fundraising Events | $592 |
Net Income from Gaming Activities | $1,082 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $593,293 |
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. | $92,679 |
Compensation of current officers, directors, key employees. | $61,862 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $360,286 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $41,102 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $20,071 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $69 |
Fees for services: Other | $21,489 |
Advertising and promotion | $150 |
Office expenses | $5,843 |
Information technology | $6,212 |
Royalties | $0 |
Occupancy | $6,808 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,115 |
Interest | $10,592 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $22,612 |
Insurance | $23,793 |
All other expenses | $2,453 |
Total functional expenses | $651,778 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,955 |
Savings and temporary cash investments | $38,949 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,982 |
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 | $6,962 |
Net Land, buildings, and equipment | $228,390 |
Investments—publicly traded securities | $436,643 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $724,881 |
Accounts payable and accrued expenses | $48,225 |
Grants payable | $0 |
Deferred revenue | $15,168 |
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 | $261,413 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,092 |
Total liabilities | $325,898 |
Net assets without donor restrictions | $392,700 |
Net assets with donor restrictions | $6,283 |
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 | $724,881 |