The Friends Foundation
- Assets
- $189.9k
- Revenue
- $93.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Dripping Springs, TX
- Founding
- 03/2003
- Data as of
- 12/2021
- EIN
- 46-0517198
Organization Overview
The Friends Foundation is located in Dripping Springs, TX. The organization was established in 2003. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Foundation 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 Foundation generated $93.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $102.9k 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 FREIENDS FOUNDATION PROVIDE ASSISTANCE TO THE ELDERLY IN THE DRIPPING SPRINGS COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR DAILY BREAD PROGRAM - PROVIDES HOT MEALS TO HOME BOUND ELDERLY IN THE COMMUNITY.
OUR DAILY BREAD PROGRAM - PROVIDES HOT MEALS TO HOME BOUND ELDERLY IN THE COMMUNITY. PHILLIPS LIFELINE MED-ALERT PROGRAM - PROVIDES MEDICAL ALERT MONITORING BUTTONS FOR THE ELDERLY IN THE COMMUNITY. FINANCIAL ASSISTANCE PROGRAM - PROVIDES FINANCIAL ASSISTANCE FROM NEEDY ELDERLY IN THE COMMUNITY FOR MEDICAL AND OTHER ESSENTIAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Carriker President | Officer | $0 | |
Kathy Clark Treasurer | Officer | $0 | |
Grace Dormont Vice Preside | Officer | $0 | |
Wayland Clark Board Member | Trustee | $0 | |
Nicole English Board Member | Trustee | $0 | |
Alex Dormont Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $62,864 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,778 |
| Noncash contributions included in lines 1a–1f | $62,864 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,642 |
| Total Program Service Revenue | $3,634 |
| Investment income | $735 |
| 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 | $93,011 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,528 |
| Office expenses | $93,944 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $1,826 |
| All other expenses | $0 |
| Total functional expenses | $102,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3 |
| Savings and temporary cash investments | $189,917 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $189,920 |
| 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 | $0 |
| 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 | $189,920 |
| Total liabilities and net assets/fund balances | $189,920 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Friends Foundation has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
The Warburton Family Foundation Inc Naples, FL PURPOSE: GENERAL FUND | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Homewise Inc Santa Fe, NM | $208,179,950 | $27,730,929 |
Austin Neighborhood Alliance For Habitat Inc Austin, TX | $0 | $0 |
Juliette Fowler Properties Inc Dallas, TX | $10,066,586 | $665,520 |
Helix Steam Properties Baton Rouge, LA | $9,893,935 | $0 |
La Clinica De Familia Title Holding Corporation Las Cruces, NM | $16,407,020 | $282,120 |
Fc Mission Plaza Inc Austin, TX | $18,856,034 | $382,500 |
Crossroads Nola Inc New Orleans, LA | $1,688,332 | $1,288,718 |
Buckner Fhc-Bachman Lake Dallas, TX | $10,834,245 | $10,458 |
Domain Parkside Iii Llc Dallas, TX | $92,179,663 | $1,974,332 |
Habitat Housing Inc Tulsa, OK | $7,572,730 | $1,711,350 |
Smiles Charity Inc Mckinney, TX | $638,268 | $533,730 |
Transitional Living Center El Paso, TX | $8,394,466 | $3,554 |