Friends Of The Elderly
- Assets
- $194.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 07/1992
- Data as of
- 12/2020
- EIN
- 54-1614710
Organization Overview
Friends Of The Elderly is located in Virginia Beach, VA. The organization was established in 1992. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Elderly 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 12/2020, Friends Of The Elderly generated $84.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $84.6k during the year ending 12/2020. While expenses have increased by 11.0% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
BUDGET PROGRAMMING. NEW MOTHER'S PROGRAM TO PROVIDE NEWBORNNECESSITIES. PROVIDED DIAPERS FOR CHILDREN. FOOD PANTRY. AND COVID RELIEF SUPPLIER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cleo Rush Administrator | 40 | $0 | |
Audreka Hairston Assistant Administrator | 25 | $0 | |
Grady Morton Procurement Officer | 40 | $0 | |
Betty Reynolds Counselor | 25 | $0 | |
Laura Tessier Administrative Assistant | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,750 |
| 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 | $84,750 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,708 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $64,934 |
| Total expenses | $84,642 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194 |
| Other assets | $0 |
| Total assets | $194 |
| Total liabilities | $0 |
| Net assets or fund balances | $194 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of The Elderly has recieved totaling $10,059.
| Awarding Organization | Amount |
|---|---|
United Way Of South Hampton Roads Norfolk, VA PURPOSE: GRANTS AWARDED | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $59 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nrv Nursing Center Incorporated Blacksburg, VA | $7,964,954 | $10,164,817 |
Pendleton Manor Inc Franklin, WV | $2,799,029 | $11,584,753 |
Holy Angels Services Inc Belmont, NC | $2,266,418 | $9,225,338 |
St Martins Home For The Aged Little Sisters Of The Poor Baltimore Inc Baltimore, MD | $46,229,528 | $12,673,255 |
Bourbon Heights Incorporated Paris, KY | $3,530,682 | $8,949,965 |
Grayson Housing Incorporated Leitchfield, KY | $8,466,593 | $7,288,701 |
Baptist Nursing Home - Calhoun Inc Memphis, TN | $2,962,661 | $7,357,762 |
Humphreys County Nursing Home Waverly, TN | $18,318,593 | $7,539,593 |
Wood-Presbyterian Home Inc Sweetwater, TN | $8,054,240 | $6,645,984 |
Staywell Senior Care Asheboro, NC | $0 | $7,095,581 |
Cumberland Valley Manor Inc Burkesville, KY | $4,137,611 | $6,444,281 |
Hoosier Care Ii Inc Nashville, TN | $2,936,661 | $6,808,328 |