Friends Of Olancho
- Assets
- $26.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portage, MI
- Founding
- 04/2004
- Data as of
- 06/2022
- EIN
- 32-0031150
Organization Overview
Friends Of Olancho is located in Portage, MI. The organization was established in 2004. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Olancho 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 06/2022, Friends Of Olancho generated $66.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $59.5k during the year ending 06/2022. While expenses have increased by 2.7% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
FR Paul Kersey President | 2 | $2,000 | |
FR Peter Gregor Secy, Treasu | 2 | $2,000 | |
Dr James W Melliush Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,636 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,636 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,396 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,145 |
| Total expenses | $59,451 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,817 |
| Other assets | $0 |
| Total assets | $26,817 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,817 |
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