Friends Of Cantera Inc
- Assets
- $645.4k
- Revenue
- $889.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 12/1993
- Data as of
- 12/2021
- EIN
- 77-0326005
Organization Overview
Friends Of Cantera Inc is located in Baton Rouge, LA. The organization was established in 1993. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Cantera 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 12/2021, Friends Of Cantera Inc generated $889.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $770.9k during the year ending 12/2021. While expenses have increased by 26.2% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE PROGRAMS OF CANTERA IN NICARAGUA BY PROVIDING ACCESS TO EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS MADE TO CANTERA WHOSE SOLE PURPOSE IS TO ASSIST POOR PEOPLE IN NICARAGUA THROUGH SCHOOLS, AGRICULTURAL PROGRAMS, AND PROGRAMS RELATED TO HIGH-RISK YOUTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alvin Raetzsch President | OfficerTrustee | 10 | $0 |
Melanie Rose Treasurer | OfficerTrustee | 15 | $0 |
Anna Heck Secretary | OfficerTrustee | 10 | $0 |
Andy Choi Vice President | OfficerTrustee | 10 | $0 |
Sister Dianne Fanguy Csj Board Member | Trustee | 3 | $0 |
Donna Innes Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $889,601 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $889,601 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $889,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $595,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $173,613 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $770,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $645,392 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $645,392 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $369,854 |
| 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 | $0 |
| Total liabilities | $369,854 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $275,538 |
| Total liabilities and net assets/fund balances | $645,392 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Friends Of Cantera Inc has recieved totaling $605,393.
| Awarding Organization | Amount |
|---|---|
Ruckstuhl Foundation Brandon, MS PURPOSE: SOLAR PANELS AND COVID RELIEF | $595,000 |
Baton Rouge Area Foundation Baton Rouge, LA PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $393 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
One For Israel Colleyville, TX | $5,843,119 | $15,786,263 |
Heifer International Foundation Little Rock, AR | $202,759,747 | $11,394,523 |
Fundacion Teleton Usa San Antonio, TX | $20,245,090 | $5,684,904 |
Heritage Christian College Foundation Usa Frisco, TX | $358,044 | $2,639,589 |
Friends Of Cantera Inc Baton Rouge, LA | $645,392 | $889,601 |
Leo Baeck Education Center Foundation Bellaire, TX | $14,369 | $380,117 |
Hogar Infantil Texas Inc Granbury, TX | $1,673,365 | $254,834 |
American Friends Of The Spafford Childrens Center Fund New Orleans, LA | $198,290 | $0 |
Divine Destiny Ministries Little Rock, AR | $166,674 | $0 |
Foundation For Amigos De Las Americas Houston, TX | $978,428 | $32,404 |
Paraguay Baptist Medical Center Foundation Inc Arlington, TX | $364,884 | $0 |
Fourth Man Center Hamilton, TX | $22,833 | $0 |