Friars Club Inc
- Assets
- $2.3m
- Revenue
- $687.5k
- Investments
- $0.0
- Employees
- 7
- Location
- Cincinnati, OH
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 31-0537485
Organization Overview
Friars Club Inc is located in Cincinnati, OH. The organization was established in 1946. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 06/2021, Friars Club Inc employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Friars Club 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 06/2021, Friars Club Inc generated $687.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $687.8k during the year ending 06/2021. While expenses have increased by 2.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FRIARS CLUB, A CATHOLIC, FRANCISCAN MINISTRY, DEVELOPS VALUABLE LIFE SKILLS IN OUR YOUTH THROUGH SPORTS, EDUCATION AND LEADERSHIP PROGRAMMING TO ENRICH THEIR LIVES AND BUILD OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OBJECTIVE OF THE FRIARS CLUB IS TO BE A PLACE WHERE CHILDREN OF DIVERSE SOCIAL, CULTURAL AND ECONOMIC BACKGROUNDS CAN PLAY, WORK AND GROW TOGETHER THROUGH ACADEMIC AND SPORTS PROGRAMS. FRIARS CLUB OFFERS AN OPPORTUNITY TO HELP AT-RISK BOYS AND GIRLS ESTABLISH A SET OF VALUES; RESPECT, RESPONSIBILITY, LEADERSHIP AND GOOD SPORTSMANSHIP; SKILLS ALL GAINED THROUGH SPORTS AND EDUCATION. FRIARS CLUB INSTRUCTION AND GUIDANCE BUILDS HEALTHY BODIES, MINDS AND SPIRITS BY BOLSTERING SELF-ESTEEM AND SELF-DISCIPLINE, WHILE, AT THE SAME TIME, REINFORCING POSITIVE BEHAVIOR AND ADDRESSING EDUCATIONAL NEEDS THROUGH ITS MANY PROGRAMS. FRIARS CLUB CURRENTLY SERVE OVER 1000 CHILDREN ANNUALLY.
THE OBJECTIVE OF THE FRIARS CLUB IS TO BE A PLACE WHERE CHILDREN OF DIVERSE SOCIAL, CULTURAL AND ECONOMIC BACKGROUNDS CAN PLAY, WORK AND GROW TOGETHER THROUGH ACADEMIC AND SPORTS PROGRAMS. FRIARS CLUB OFFERS AN OPPORTUNITY TO HELP AT-RISK BOYS AND GIRLS ESTABLISH A SET OF VALUES; RESPECT, RESPONSIBILITY, LEADERSHIP AND GOOD SPORTSMANSHIP; SKILLS ALL GAINED THROUGH SPORTS AND EDUCATION. FRIARS CLUB INSTRUCTION AND GUIDANCE BUILDS HEALTHY BODIES, MINDS AND SPIRITS BY BOLSTERING SELF-ESTEEM AND SELF-DISCIPLINE, WHILE, AT THE SAME TIME, REINFORCING POSITIVE BEHAVIOR AND ADDRESSING EDUCATIONAL NEEDS THROUGH ITS MANY PROGRAMS. FRIARS CLUB CURRENTLY SERVE OVER 1000 CHILDREN ANNUALLY.
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 |
|---|---|---|---|
Annie Timmons Executive Director | Officer | 50 | $97,021 |
John O'connor Treasurer | OfficerTrustee | 1 | $0 |
FR Kenan Freson Secretary | OfficerTrustee | 1 | $0 |
Mike Besl Chairman | OfficerTrustee | 2 | $0 |
Maureen Sweeney Vice Chair | OfficerTrustee | 1 | $0 |
FR Dan Kroger Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $43,856 |
| Related organizations | $0 |
| Government grants | $45,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $506,865 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $596,621 |
| Total Program Service Revenue | $68,793 |
| Investment income | $378 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,180 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,202 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $687,545 |
| 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. | $99,721 |
| Compensation of current officers, directors, key employees. | $9,823 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $160,194 |
| Pension plan accruals and contributions | $1,885 |
| Other employee benefits | $6,700 |
| Payroll taxes | $15,453 |
| Fees for services: Management | $953 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,144 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,562 |
| Advertising and promotion | $95 |
| Office expenses | $22,195 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $243,988 |
| 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 | $3,030 |
| All other expenses | $4,131 |
| Total functional expenses | $687,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $470,518 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,000 |
| Accounts receivable, net | $1,924 |
| 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 | $1,821,846 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $2,297,288 |
| Accounts payable and accrued expenses | $67,905 |
| Grants payable | $0 |
| Deferred revenue | $7,585 |
| 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 | $55,637 |
| Other liabilities | $0 |
| Total liabilities | $131,127 |
| Net assets without donor restrictions | $320,945 |
| Net assets with donor restrictions | $1,845,216 |
| 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 | $2,297,288 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Friars Club Inc has recieved totaling $15,900.
| Awarding Organization | Amount |
|---|---|
Helen C Coard Foundation Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $15,000 |
Mccray Foundation Cincinnati, OH PURPOSE: PHYSICAL EDUCA | $500 |
George And Mary Jo Budig Family Foundation Fort Mitchell, KY PURPOSE: GENERAL OPERATIONS | $400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Allied Health Care Services Clarks Summit, PA | $64,082,428 | $72,290,835 |
Buckeye Ranch Grove City, OH | $52,523,955 | $52,506,935 |
Champaign Residential Services Inc Urbana, OH | $32,789,817 | $40,282,333 |
Koinonia Homes Inc Independence, OH | $28,526,535 | $37,892,187 |
Spectrum Community Services Westland, MI | $14,825,808 | $33,552,520 |
Horizon House Development Service Inc Philadelphia, PA | $8,157,409 | $30,701,398 |
Good Shepherd Long-Term Care Facility Allentown, PA | $41,130,787 | $25,803,983 |
Verland Foundation Inc Sewickley, PA | $17,047,927 | $25,716,770 |
Living Alternatives For The Developmentally Disabled Inc Dowagiac, MI | $6,575,914 | $26,131,876 |
Columbus Center For Human Services Inc Columbus, OH | $12,984,481 | $25,350,121 |
Sunshine Inc Residential And Support Services Maumee, OH | $20,313,876 | $30,237,496 |
Gateways To Better Living Inc Youngstown, OH | $7,271,771 | $25,029,491 |