Frank And Fred Friedman Family Foundation
- Assets
- $0.0
- Revenue
- $1.1m
- Investments
- $1.6m
- Employees
- 0
- Location
- Mountain Brk, AL
- Founding
- 07/1986
- Data as of
- 03/2020
- EIN
- 63-0921651
Organization Overview
Frank And Fred Friedman Family Foundation is located in Mountain Brk, AL. The organization was established in 1986. 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. Frank And Fred Friedman Family Foundation 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 03/2020, Frank And Fred Friedman Family Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $782.5k during the year ending 03/2020. You can explore the organizations financials more deeply in the financial statements section below.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $29,121 |
| Interest on Savings | $337 |
| Dividends & Interest | $3,578 |
| Profit on Inventory Sales | $0 |
| Other Income | -$57,110 |
| Total Revenue | $1,053,254 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $197,060 |
| Pension plans, employee benefits | $0 |
| Depreciation | $41,317 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $386,739 |
| Contributions, gifts, grants paid | $395,715 |
| Total expenses and disbursements | $782,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,110,568 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
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