Project Friendship Inc
- Assets
- $139.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Northfield, MN
- Founding
- 11/1987
- Data as of
- 06/2023
- EIN
- 41-1565496
Organization Overview
Project Friendship Inc is located in Northfield, MN. The organization was established in 1987. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Friendship 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 06/2023, Project Friendship Inc generated $107.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $91.2k during the year ending 06/2023. While expenses have increased by 11.9% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN 2022-23, PROJECT FRIENDSHIP MATCHED 268 KIDS WITH COLLEGE MENTORS FOR SUPPORT, ENCOURAGEMENT, AND APPRECIATION. THE MATCHES MET FOR OVER 4,600 HOURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mari Aylin President | 3 | $0 | |
Bo Aylin Secretary | 3 | $0 | |
Brady Burton Treasurer | 1 | $0 | |
Jane Bartho Director | 1 | $0 | |
Kacey Geiger Director | 1 | $0 | |
Steve Hill Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,476 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,098 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $107,574 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $70,944 |
| Professional fees and other payments to independent contractors | $7,178 |
| Occupancy, rent, utilities, and maintenance | $428 |
| Printing, publications, postage, and shipping | $2,631 |
| Other expenses | $10,059 |
| Total expenses | $91,240 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,909 |
| Other assets | $0 |
| Total assets | $139,631 |
| Total liabilities | $2,782 |
| Net assets or fund balances | $136,849 |