Friends For Life Corporation

Organization Overview

Friends For Life Corporation is located in Memphis, TN. The organization was established in 1993. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2021, Friends For Life Corporation employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends For Life Corporation 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 06/2021, Friends For Life Corporation generated $7.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $6.6m during the year ending 06/2021. While expenses have increased by 7.4% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SOCIAL(CHARITABLE)SERVICES TO FAMILIES AFFECTED BY HIV/AIDS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE DIRECT HOUSING ASSISTANCE TO PERSONS/FAMILIES LIVING WITH HIV/AIDS. HUNDREDS OF INDIVIDUALS AND FAMILIES HAVE BENEFITED FROM THESE PROGRAMS SINCE THE ORGANIZATION'S INCEPTION.


MAINTAIN A STAFF OF CASE MANAGERS AND OTHER SUPPORT PERSONNEL WHO ASSESS THE NEEDS OF THE LOCAL POPULATION THAT IS AFFECTED BY HIV/AIDS. STAFF MEMBERS ALSO COORDINATE OTHER RESOURCES AND ASSIST TARGETED POPULATION WITH ENGAGING THESE RESOURCES IN ORDER TO ENHANCE AND IMPROVE THEIR QUALITY OF LIFE. HUNDREDS OF INDIVIDUALS AND FAMILIES HAVE BENEFITED FROM THIS PROGRAM.


DISSEMINATE EDUCATIONAL MATERIALS TO THE PUBLIC IN A EFFORT TO ENLIGHTEN THE MASSES ON THE DANGERS OF AIDS AND TO ACQUAINT THE PUBLIC WITH PROVEN MEASURES FOR THE PREVENTION OF HIV/AIDS. THIS EFFORT HAS THE POTENTIAL OF REACHING THOUSANDS OF PEOPLE THOUGHOUT THE MAJOR MEMPHIS, TN METROPOLITAN AREA. PROGRAMS INCLUDE BOTH PREVENTION AND EDUCATIONAL ACTIVITIES COORDINATED THOUGH A SERIES OF HIGHLY SPECIALIZED PROGRAMS SUCH AS WELLNESS UNIVERSITY, THE POSITIVE LIVING CENTER, AND OTHERS.


THE ORGANIZATION DISSEMINATES "FOOD BASKETS" WEEKLY THROUGHOUT THE YEAR TO INDIVIDUALS AND FAMILIES WHO ARE AFFECTED BY HIV/AIDS. VOLUNTEERS ARE RECRUITED TO PARTICIPATE IN THIS EFFORT WHICH IS VITAL TO THE PROGRAMS SUCCESS. THIS PROGRAM HAS EVOLVED INTO A PROGRAM THAT IS VITAL TO THE COMMUNITY WHERE NUTRITIONAL NEEDS ARE A SERIOUS CONCERN. HUNDREDS OF INDIVIDUALS AND FAMILIES BENEFIT FROM THIS SUPPORT EFFORT.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,437,845
All other contributions, gifts, grants, and similar amounts not included above$258,774
Noncash contributions included in lines 1a–1f $21,367
Total Revenue from Contributions, Gifts, Grants & Similar$4,696,619
Total Program Service Revenue$2,479,791
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $66,514
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $12,690
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,255,694

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Friends For Life Corporation has recieved totaling $122,714.

Awarding OrganizationAmount
United Way Of The Mid-South

Memphis, TN

PURPOSE: SEE SCH O

$46,531
Community Foundation Of Greater Memphis Inc

Memphis, TN

PURPOSE: GENERAL OPERATIONAL SUPPORT

$40,500
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$32,655
Kent Richard Hofmann Foundation Inc

Jackson, MS

PURPOSE: ASSISTANCE

$2,650
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$378
View Grant Recipient Profile

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