Friends For Folks Inc
- Assets
- $99.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norman, OK
- Founding
- 02/2016
- Data as of
- 06/2022
- EIN
- 47-5521163
Organization Overview
Friends For Folks Inc is located in Norman, OK. The organization was established in 2016. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Friends For Folks Inc 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 06/2022, Friends For Folks Inc generated $98.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $39.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 6 years. 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 |
|---|---|---|---|
Sarah Johnson President | 2 | $0 | |
Lindsay Swihart Vice-Preside | 2 | $0 | |
Philip Miner Past-Preside | 2 | $0 | |
Eric Franklin Treasurer | 2 | $0 | |
Betsey Ballard Board Member | 2 | $0 | |
Randy Hemphill Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,707 |
| 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 | $98,707 |
| 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 | $39,623 |
| Total expenses | $39,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,765 |
| Other assets | $0 |
| Total assets | $99,765 |
| Total liabilities | $1,244 |
| Net assets or fund balances | $98,521 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends For Folks Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Oklahoma Inc Oklahoma City, OK PURPOSE: OPERATIONS GRANT | $5,000 |
Communities Foundation Of Oklahoma Inc Oklahoma City, OK PURPOSE: OPERATIONS GRANT | $5,000 |
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