Friends House Incorporated is located in Des Moines, IA. The organization was established in 1954. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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 House Incorporated is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 08/2022, Friends House Incorporated generated $47.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $40.5k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
HOUSED NON-PROFIT ORGANIZATIONS AND PROVIDED RENTAL OFFICES, MEETING ROOMS AND OTHER BUSINESS FACILITIES FOR THEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Douglass Director | 2 | $0 | |
Jon Krieg Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $46,988 |
Total Revenue | $46,990 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,510 |
Occupancy, rent, utilities, and maintenance | $26,292 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,730 |
Total expenses | $40,532 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $56,091 |
Other assets | $0 |
Total assets | $285,272 |
Total liabilities | $0 |
Net assets or fund balances | $285,272 |
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