Friends Of South Ferry Church Association
- Assets
- $517.3k
- Revenue
- $31.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Saunderstown, RI
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 31-1814799
Organization Overview
Friends Of South Ferry Church Association is located in Saunderstown, RI. The organization was established in 2002. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of South Ferry Church Association 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 12/2021, Friends Of South Ferry Church Association generated $31.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $43.0k during the year ending 12/2021. 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 PURPOSE OF THE FRIENDS OF THE SOUTH FERRY CHURCH ASSOCIATION SHALL BE:1. TO PRESERVE, MAINTAIN AND REPAIR THE HISTORIC SOUTH FERRY CHURCH (THE CHURCH), LOCATED IN NARRAGANSETT, RHODE ISLAND.2. TO ESTABLISH, PRESERVE AND GROW AN ENDOWMENT FUND TO ASSURE THE PRESERVATION, MAINTENANCE AND SECURITY OF THE CHURCH.3. TO RE-ESTABLISH AND/OR CONTINUE THE USE OF SOUTH FERRY CHURCH AS A FORUM FOR SELECTED COMMUNITY EDUCATIONAL, INFORMATIVE AND/OR RELIGIOUS EVENTS.4. TO ENGAGE WITH OTHER MEMBERS OF THE SOUTH COUNTY COMMUNITY IN WAYS THAT MAY FURTHER THE PURPOSE OF THE FRIENDS OF THE SOUTH FERRY CHURCH ASSOCIATION AND/OR FURTHER POSITIVE OUTCOMES FOR THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION AND IMPROVEMENT OF THE HISTORIC SOUTH FERRY CHURCH BUILDING AND GROUNDS LOCATED IN NARRAGANSETT, RHODE ISLAND.
PROVISION OF A HISTORIC VENUE FOR WEDDINGS AND OTHER EDUCATIONAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Mahoney Vice Chairman | OfficerTrustee | 1 | $0 |
Katharine Flynn Director | Trustee | 0.5 | $0 |
Dr Earl Jackman Director | Trustee | 0.5 | $0 |
David Krebs Director | Trustee | 0.5 | $0 |
Maureen Moakley Corresponding Secretary | Trustee | 0.5 | $0 |
Carla Ricci Director | Trustee | 0.5 | $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 | $12,095 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,095 |
| Total Program Service Revenue | $7,250 |
| Investment income | $11,932 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,277 |
| 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. | $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 | $7,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $998 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $1,080 |
| Office expenses | $1,533 |
| Information technology | $150 |
| Royalties | $0 |
| Occupancy | $350 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $43,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,026 |
| 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 | $0 |
| Investments—publicly traded securities | $497,282 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $517,308 |
| 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 | $517,308 |
| 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 | $517,308 |
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