Cedar Valley Friends Of The Family Inc
- Assets
- $2.8m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 65
- Location
- Waterloo, IA
- Founding
- 03/1994
- Data as of
- 06/2022
- EIN
- 42-1390144
Organization Overview
Cedar Valley Friends Of The Family Inc, operating under the name Friends Of The Family, is located in Waterloo, IA. The organization was established in 1994. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Friends Of The Family employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Family 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 The Family generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $4.2m during the year ending 06/2022. While expenses have increased by 15.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING VICTIMS OF DOMESTIC ABUSE, SEXUAL ASSAULT, HUMAN TRAFFICKING AND HOMELESSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FREE AND CONFIDENTIAL CRISIS SERVICES TO VICTIMS OF DOMESTIC ABUSE, SEXUAL ASSAULT AND HUMAN TRAFFICKING. DURING THE YEAR, 268 ADULTS AND 77 CHILDREN RECEIVED SERVICES.
PROVIDE TEMPORARY HOUSING AND SUPPORT TO HOMELESS INDIVIDUALS. DURING THE YEAR, CEDAR VALLEY FRIENDS OF THE FAMILY PROVIDED SHELTER TO 349 ADULTS AND 280 CHILDREN TOTALING 5,077 NIGHTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Brustkern Executive Director | Officer | 40 | $83,625 |
Candice Lanning Fiscal Director (3/8/21) | Officer | 40 | $45,362 |
Mike Isaacson President | OfficerTrustee | 1 | $0 |
Jim Denholm Vice President | OfficerTrustee | 1 | $0 |
Michele Knaack Treasurer | OfficerTrustee | 1 | $0 |
Heather Lepa Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $45,000 |
| Membership dues | $0 |
| Fundraising events | $45,105 |
| Related organizations | $0 |
| Government grants | $2,961,775 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,242,067 |
| Noncash contributions included in lines 1a–1f | $2,570,239 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,293,947 |
| Total Program Service Revenue | $0 |
| Investment income | $5,625 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$377,986 |
| Net Income from Fundraising Events | $64,178 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,986,099 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,554,003 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,900 |
| Compensation of current officers, directors, key employees. | $130,818 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,550,553 |
| Pension plan accruals and contributions | $10,699 |
| Other employee benefits | $108,679 |
| Payroll taxes | $136,400 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $97 |
| Fees for services: Accounting | $12,913 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,188 |
| Fees for services: Other | $89,106 |
| Advertising and promotion | $4,817 |
| Office expenses | $138,335 |
| Information technology | $144,152 |
| Royalties | $0 |
| Occupancy | $114,551 |
| Travel | $78,311 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $610 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,739 |
| Insurance | $2,446 |
| All other expenses | $12,628 |
| Total functional expenses | $4,195,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120 |
| Savings and temporary cash investments | $84,557 |
| Pledges and grants receivable | $532,200 |
| 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 | $17,471 |
| Net Land, buildings, and equipment | $479,311 |
| Investments—publicly traded securities | $1,684,641 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,499 |
| Total assets | $2,837,799 |
| Accounts payable and accrued expenses | $124,974 |
| 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 | $74,753 |
| Other liabilities | $0 |
| Total liabilities | $199,727 |
| Net assets without donor restrictions | $2,561,988 |
| Net assets with donor restrictions | $76,084 |
| 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 | $2,837,799 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Cedar Valley Friends Of The Family Inc has recieved totaling $107,806.
| Awarding Organization | Amount |
|---|---|
Cedar Valley United Way Waterloo, IA PURPOSE: GRANT FOR SPECIFIC PROGRAM SUPPORT. | $34,290 |
Caresource Foundation Dayton, OH PURPOSE: EVERYONE HAS A HOME | $20,000 |
Greater Cedar Rapids Community Foundation Cedar Rapids, IA PURPOSE: VICTIM SERVICES | $15,000 |
Waverly-Shell Rock Area United Way Inc Waverly, IA PURPOSE: CRISIS SERVICES | $12,000 |
United Way Of North Central Iowa Mason City, IA PURPOSE: Rapid Housing Initiative | $11,000 |
United Way Of Dubuque Area Tri- States Dubuque, IA PURPOSE: DOMESTIC & SEXUAL ASSAULT ASSISTANCE | $10,200 |
Endowment Analysis
| Beg. Balance | $99,476 |
| Earnings | -$4,847 |
| Net Contributions | $1,500 |
| Other Expense | $3,133 |
| Ending Balance | $92,996 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Continuing Legal Education St Paul, MN | $8,925,576 | $6,672,774 |
National Community Investment Fund Irrv Tr Chicago, IL | $49,874,763 | $9,294,920 |
Cedar Valley Friends Of The Family Inc Waterloo, IA | $2,837,799 | $5,986,099 |
Dairy Lab Services Inc Dubuque, IA | $2,147,827 | $2,967,894 |
Ladies Union Benevolent Association St Joseph, MO | $16,215,368 | $4,268,127 |
Northfield Healthy Community Initiative Northfield, MN | $2,436,956 | $3,116,991 |
National Association Of Electrical Distributors Education Foundation St Louis, MO | $19,969,630 | $3,274,087 |
Greater Green Bay Chamber Of Commerce Foundation Inc Green Bay, WI | $2,890,843 | $1,952,883 |
Creighton Dental Qalicb Inc Omaha, NE | $58,173,712 | $318,000 |
St Joseph Services Inc Chicago, IL | $1,123,789 | $1,648,775 |
Highlander Phase I Qalicb Inc Omaha, NE | $24,103,706 | $743,746 |
Roth & Letch Family Charitable Foundation Dakota Dunes, SD | $32,020,107 | $0 |