Friends Of Downtown Friendswood Inc
- Assets
- $46.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Friendswood, TX
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 47-4792444
Organization Overview
Friends Of Downtown Friendswood Inc is located in Friendswood, TX. The organization was established in 2016. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Downtown Friendswood Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Friends Of Downtown Friendswood Inc generated $92.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $57.8k during the year ending 12/2021. While expenses have increased by 30.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Selena Ellis Director | 1 | $0 | |
Lorrie Foreman Director | 1 | $0 | |
Theresa Gustafson Director | 1 | $0 | |
Edwina Vidosh Director | 1 | $0 | |
Brian Campbell Director | 1 | $0 | |
Meg Stow-Crowley Delgado Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,561 |
| 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 | $92,561 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,844 |
| Total expenses | $57,844 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,561 |
| Other assets | $0 |
| Total assets | $46,561 |
| Total liabilities | $33,500 |
| Net assets or fund balances | $13,061 |
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