Old Friends Club
- Assets
- $97.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 17
- Location
- Kirkland, WA
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 47-4792158
Organization Overview
Old Friends Club is located in Kirkland, WA. The organization was established in 2016. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 12/2022, Old Friends Club employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Friends Club 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 12/2022, Old Friends Club generated $123.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $67.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (27.7%) per year over the past 4 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 Mission:
Part 3 - Line 1
OLD FRIENDS CLUBS OFFERS ENGAGING ACTIVITIES AND A SENSE OF BELONGING FOR PEOPLE LIVING WITH DEMENTIA, AND AFFORDABLE RESPITE FOR THEIR CARE PARTNERS. OUR MISSION IS TO CULTIVATE JOY IN THE LIVES OF ADULTS WITH COGNITIVE CHALLENGES AND NOURISH THE WELL-BEING OF CAREGIVERS.
Describe the Organization's Program Activity:
Part 3
OLD FRIEND CLUB OPERATED IN THREE LOCATIONS FOR THE FIRST 3 MONTHS OF 2020, PROVIDING MUCH NEEDED CAREGIVER RESPITE AND SUPPORT. AS COVD-19 RESTRICTIONS DEVELOPED THESE PROGRAMS CLOSED. PROGRAM REVENUES WHICH WERE PREPAID, WERE RETURNED TO THE PARTICIPANT. AFTER THE PROGRAMS CLOSED DUE TO COVID, OFC RESEARCHED AND ASSEMBLED COMMUNITY RESOURCES FOR VIRTUAL SUPPORT AND EVENTS AND AND PRESENTED THEM IN TWICE MONTHLY NEWSLETTERS TO KEEP CAREGIVING FAMILIES CONNECTED AND INFORMED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Koenig Executive Director | 35 | $0 | |
Tom Dietz Chairman | 0 | $0 | |
Jack Hurley Treasuer | 0 | $0 | |
Bob Delf Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,900 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,733 |
| Professional fees and other payments to independent contractors | $2,702 |
| Occupancy, rent, utilities, and maintenance | $7,078 |
| Printing, publications, postage, and shipping | $614 |
| Other expenses | $1,265 |
| Total expenses | $67,392 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $97,359 |
| Total liabilities | $609 |
| Net assets or fund balances | $96,750 |