Friends For Life

Organization Overview

Friends For Life is located in Waco, TX. The organization was established in 1989. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 08/2023, Friends For Life employed 116 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends For Life 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 08/2023, Friends For Life generated $3.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $3.5m during the year ending 08/2023. While expenses have increased by 5.1% per year over the past 8 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

FRIENDS FOR LIFE HELPS THE ELDERLY & PEOPLE WITH DISABILITIES LIVE INDEPENDENTLY AS LONG AS POSSIBLE, PROTECTS & CARES FOR THOSE WHO ARE UNABLE TO CARE FOR THEMSELVES & BRINGS GENERATIONS TOGETHER TO ENRICH LIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REGISTERED PROFESSIONAL GUARDIANSHIP: SERVED AS LEGAL GUARDIAN FOR 506 ELDERLY AND DISABLED ADULTS WHO HAD BEEN VICTIMS OF ABUSE, NEGLECT OR EXPLOITATION. LOCATED SAFE PLACES FOR THEM TO RESIDE AND MADE SURE THEY HAD FOOD, MEDICAL CARE, ETC.


ADULT DAY CARE:IN JUNE OF 2000, FRIENDS FOR LIFE TOOK OVER AN ADULT DAY CARE PROGRAM IN WACO, TEXAS THAT WAS SCHEDULED TO CLOSE. THE CENTER IS OPEN FROM 7:30AM TO 5:30PM MONDAY THROUGH FRIDAY AND PROVIDES OPPORTUNITIES FOR SOCIAL SKILLS DEVELOPMENT, ON SITE AND COMMUNITY ACTIVITIES, VOLUNTEERING, MEALS AND TRANSPORTATION. LAST YEAR THE CENTER SERVED 118 PEOPLE.


LIFE SKILLS TRAINING:A ONE-ON-ONE PROGRAM IN WHICH STAFF WORK INDIVIDUALLY WITH CLIENTS WHO HAVE DEVELOPMENTAL DISABILITIES, TEACHING THEM SKILLS TO HELP THEM BE MORE INDEPENDENT WITHIN THE FACILITY SETTING AND POSSIBLY ASSISTING WITH THEIR MOVE BACK INTO THE COMMUNITY. APPROXIMATELY 110 INDIVIDUALS WERE SERVED IN THIS PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
B J Greaves
President
$0
Sandy Ray
Vice President
$0
Leonard Englander
Treasurer
$0
Pam Thomason
Secretary
$0
Erma Ballenger
Director
$0
Janie Martinez
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $421,437
All other contributions, gifts, grants, and similar amounts not included above$685,270
Noncash contributions included in lines 1a–1f $77,965
Total Revenue from Contributions, Gifts, Grants & Similar$1,106,707
Total Program Service Revenue$2,626,050
Investment income $24,527
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $205
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$312
Miscellaneous Revenue$0
Total Revenue $3,757,975

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