Circle Of Caring Friends
- Assets
- $444.9k
- Revenue
- $968.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Milton, WA
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 47-2442996
Organization Overview
Circle Of Caring Friends is located in Milton, WA. The organization was established in 2015. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Circle Of Caring Friends 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, Circle Of Caring Friends generated $968.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 33.0% 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.
Since 2019, Circle Of Caring Friends has awarded 15 individual grants totaling $1,064,751. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PURPOSE OF CIRCLE OF CARING FRIENDS IS TO BRING HOPE FOR A BETTER FUTURE TO ORPHANED CHILDREN WORLDWIDE THROUGH CULTURAL EXCHANGE EDUCATION FINANCIAL ASSISTANCE AND SPECIAL PROGRAMS. WE PROVIDE TEMPORARY SUPPORT WITH SHELTER AND DEVELOPMENT OF NECESSARY SKILLS TO GIRLS AND BOYS WHO GRADUATE FROM ORPHANAGES IN UKRAINE TO HELP THEM SMOOTHLY INTEGRATE INTO SOCIETY. OUR PROGRAMS INCLUDE ORGANIZATION OF CAMPS FOR KIDS ESPECIALLY ORPHANS TO IMPROVE PHYSICAL HEALTH AS WELL AS GROW SPIRITUALLY AND EMOTIONALLY VISITING ORPHANAGES WITH SPECIAL ED PROGRAMS SENDING OUT GROUPS OF TRAINER VOLUNTEERS TO OTHER COUNTIES TO ORGANIZE SUMMER CAMPS FOR UNDERPRIVILEGED CHILDREN AND ORGANIZATION OF OTHER SOCIAL ACTIVITIES WITH SUPPORT DEVELOPMENT OF YOUTH AND CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCEPTED IN-KIND DONATIONS THROUGH PARTNERSHIP WITH GOOD360 AND DISTRIBUTED THEM TO OVER 4000 INDIVIDUALS IN NEED WITHIN OUR COMMUNITIES
PROVIDING SUPPORT OF VARIOUS UKRAINIAN ORPHANAGES IN LVIV KONOTOP UKRAINE. BENEVOLENT ASSISTANCE TO INDIVIDUALS AND FAMILIES IN NEED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lyubov Vasilyuk Director | Officer | 12 | $24,500 |
Mikhail Yurin President | Officer | 5 | $0 |
Viktor Vasilyuk Donations Assistant | Officer | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $895,039 |
| Noncash contributions included in lines 1a–1f | $832,043 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $895,039 |
| Total Program Service Revenue | $73,057 |
| Investment income | $0 |
| 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 | $968,096 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $116,132 |
| Grants and other assistance to domestic individuals. | $880,557 |
| Grants and other assistance to Foreign Orgs/Individuals | $56,804 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $24,500 |
| 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 | $1,993 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,400 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,566 |
| Information technology | $297 |
| Royalties | $0 |
| Occupancy | $27,165 |
| 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 | $600 |
| All other expenses | $0 |
| Total functional expenses | $1,123,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,963 |
| Savings and temporary cash investments | $0 |
| 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 | $1,875 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $363,110 |
| Total assets | $444,948 |
| Accounts payable and accrued expenses | $3,683 |
| 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 | $3,683 |
| Net assets without donor restrictions | $412,265 |
| Net assets with donor restrictions | $29,000 |
| 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 | $444,948 |
Grants Awarded
Over the last fiscal year, Circle Of Caring Friends has awarded $116,132 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Tacoma, WA PURPOSE: CCF SERVES AS A DISTRIBUTOR OF GOODS DONATED BY GOOD 360 AND DISTRIBUTES PRODUCT TO OTHER NON PROFITS | $63,948 |
Seattle, WA PURPOSE: CCF SERVES AS A DISTRIBUTOR OF GOODS DONATED BY GOOD 360 AND DISTRIBUTES PRODUCT TO OTHER NON PROFITS | $33,137 |
Federal Way, WA PURPOSE: CCF SERVES AS A DISTRIBUTOR OF GOODS DONATED BY GOOD 360 AND DISTRIBUTES PRODUCT TO OTHER NON PROFITS | $19,047 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Circle Of Caring Friends has recieved totaling $37,841.
| Awarding Organization | Amount |
|---|---|
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $37,841 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chief Seattle Club Seattle, WA | $37,888,241 | $27,843,318 |
Northwest Indian Colleges Bellingham, WA | $24,688,923 | $18,653,496 |
Latino Network Portland, OR | $14,141,237 | $24,219,823 |
Refugee Womens Alliance Seattle, WA | $21,873,536 | $11,387,336 |
Chinese Information And Service Seattle, WA | $4,453,074 | $9,203,600 |
Native Village Of Savoonga Savoonga, AK | $4,314,528 | $8,268,862 |
Native Village Of Gambell Gambell, AK | $3,937,758 | $9,240,247 |
Centro Cultural De Condado De Washington Cornelius, OR | $5,601,313 | $8,715,146 |
Native Village Of Kivalina Kivalina, AK | $2,134,332 | $5,161,844 |
Native Village Of Noatak Noatak, AK | $1,364,712 | $5,088,895 |
Adelante Mujeres Forest Grove, OR | $6,994,126 | $6,213,932 |
Refugee & Immigrant Services Northwest Everett, WA | $8,346,918 | $5,218,290 |