Friendship Trays Inc
- Assets
- $3.9m
- Revenue
- $2.0m
- Investments
- $330.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 07/1978
- Data as of
- 12/2020
- EIN
- 56-1201496
Organization Overview
Friendship Trays Inc is located in Charlotte, NC. The organization was established in 1978. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., 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. Friendship Trays 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 12/2020, Friendship Trays Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO DELIVER NUTRITIOUS, DIET SPECIFIC MEALS TO INDIVIDUALS THROUGHOUT THE COMMUNITY WHO ARE UNABLE TO PREPARE MEALS FOR THEMSELVES AND HAVE NO ONE TO DO IT FOR THEM, REGARDLESS OF AGE OR ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDSHIP TRAYS DELIVERS MORE THAN 700 MEALS DAILY TO ELDERLY, HANDICAPPED, AND CONVALESCING PEOPLE WHO ARE UNABLE OR GREATLY RESTRICTED IN THEIR ABILITY TO PREPARE OR SECURE MEALS AND WHO RESIDE WITHIN THE AREA WE CAN REACH WITH OUR CORPS OF DRIVERS. DELIVERIES ARE AT THE LUNCH HOUR BUT THE MEAL IS A FULL ONE, MORE LIKE WHAT MANY PEOPLE ARE ACCUSTOMED TO FOR DINNER. THIS MEAL CONSISTS OF TWO SEPARATE CONTAINERS, ONE WITH MEAT OR FISH, VEGETABLE AND SUCH, THE OTHER WITH CARBOHYDRATE, SALAD OR FRUIT, AND DESSERT. DIET ORDERS ARE OBTAINED FOR ALL CLIENTS FROM THEIR DOCTORS, AND A RANGE OF SPECIAL DIETS ARE AVAILABLE TO FILL DOCTORS' WRITTEN ORDERS FOR CERTAIN MEDICAL CONDITIONS. WHILE ALL RECIPIENTS ARE ASKED TO PAY FOR THEIR MEALS BASED ON THEIR ABILITY TO PAY, RECIPIENT INCOME ALONE DOES NOT PAY FOR FRIENDSHIP TRAYS. SPONSORS INCLUDE APPROXIMATELY 80 FAITH-BASED COMMUNITIES AND ORGANIZATIONS, AS WELL AS CIVIC ORGANIZATIONS AND BUSINESSES. OTHER GROUPS WELCOME DONATIONS OF TIME AS VOLUNTEERS OR AS DONORS OF THE FINANCIAL RESOURCES THAT ALLOW US TO SERVE ALL WHO NEED NUTRITIOUS MEALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Pehl Vice President | OfficerTrustee | 2 | $0 |
Tobe Holmes President | OfficerTrustee | 2 | $0 |
R Michael Elliot Sec.-Treasurer | OfficerTrustee | 2 | $0 |
Lucy Bush Carter Executive Direc | Officer | 40 | $0 |
Marilyn Bellinger Director | Trustee | 2 | $0 |
Christian Clackum Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $137,480 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,398,593 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,536,073 |
| Total Program Service Revenue | $335,245 |
| Investment income | $38,167 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $58,175 |
| Net Gain/Loss on Asset Sales | $42,936 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$6,481 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,004,115 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $209,334 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,000 |
| Compensation of current officers, directors, key employees. | $26,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $364,387 |
| Pension plan accruals and contributions | $3,170 |
| Other employee benefits | $64,400 |
| Payroll taxes | $31,841 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,093 |
| Fees for services: Other | $13,259 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $83,474 |
| Travel | $16,754 |
| 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 | $49,111 |
| Insurance | $21,090 |
| All other expenses | $19,993 |
| Total functional expenses | $1,226,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,047,241 |
| Pledges and grants receivable | $4,000 |
| Accounts receivable, net | $19,297 |
| 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 | $5,428 |
| Net Land, buildings, and equipment | $769,854 |
| Investments—publicly traded securities | $2,049,462 |
| Investments—other securities | $330 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,895,612 |
| Accounts payable and accrued expenses | $16,581 |
| 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 | $37,479 |
| Total liabilities | $54,060 |
| Net assets without donor restrictions | $2,578,340 |
| Net assets with donor restrictions | $1,263,212 |
| 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 | $3,895,612 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Friendship Trays Inc has recieved totaling $116,822.
| Awarding Organization | Amount |
|---|---|
Meals On Wheels America Arlington, VA PURPOSE: PROJECT SUPPORT AND OTHER SERVICES | $50,000 |
George W And Ruth R Baxter Foundation Inc Charlotte, NC PURPOSE: CIVIC, DELIVER MEALS TO ELDERLY | $30,000 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $10,200 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,687 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $6,100 |
North Carolina Foam Foundation Charlotte, NC PURPOSE: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $2,027,134 |
| Earnings | $126,495 |
| Admin Expense | $6,295 |
| Net Contributions | $1,024 |
| Other Expense | $8,845 |
| Ending Balance | $2,139,513 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Georgia Healthcare Center Inc Swainsboro, GA | $14,076,225 | $20,351,311 |
Qsource Memphis, TN | $27,560,294 | $14,798,417 |
Community Medicine Foundation Rock Hill, SC | $12,768,972 | $15,535,244 |
North Carolina Alliance Of Public Health Agencies Inc Raleigh, NC | $4,947,207 | $12,977,982 |
Aid Upstate Greenville, SC | $7,616,238 | $10,409,304 |
Zero Prostate Cancer Alexandria, VA | $7,871,432 | $10,066,484 |
Interfaith Dental Clinic Of Nashville Nashville, TN | $11,283,071 | $7,836,230 |
National Pace Association Alexandria, VA | $5,227,385 | $6,590,874 |
Hereditary Angioedema Association Inc Fairfax, VA | $9,129,787 | $7,202,295 |
Highland Medical Center Inc Monterey, VA | $7,695,747 | $4,554,367 |
Idsa Education And Research Foundation Arlington, VA | $3,203,937 | $4,528,287 |
Crater Community Hospice Inc Petersburg, VA | $5,454,703 | $3,847,143 |