Friends Of Children With Special Needs is located in Fremont, CA. The organization was established in 2002. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Friends Of Children With Special Needs employed 191 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Children With Special Needs 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 12/2023, Friends Of Children With Special Needs generated $15.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $10.5m during the year ending 12/2023. While expenses have increased by 11.9% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP CHILDREN WITH SPECIAL NEEDS AND THEIR FAMILIES TO FIND HOPE, LOVE, RESPECTS, AND SUPPORT THROUGH INTEGRATED COMMUNITY INVOLVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESCRIPTION: VARIOUS SMALL PROJECTS AND ACTIVITIES.ACHIEVEMENT: TO HELP CHILDREN WITH SPECIAL NEEDS AND THEIR FAMILIES TO FIND HOPE, LOVE, RESPECTS, AND SUPPORT THROUGH INTEGRATED COMMUNITY INVOLVEMENT.
DESCRIPTION: EAST BAY SUPPORTED LIVING SERVICESACHIEVEMENT: IT PROVIDES IN HOME LIVING SUPPORT TO 24 PARTICIPANTS.
DESCRIPTION: SOUTH BAY WORK, INTEGRATE, LEARN, LIVE PROGRAMACHIEVEMENT: IT PROVIDES INDEPENDENT LIVING SKILL, VOCATIONAL TRAININGS, AND FUN EDUCATIONAL ACTIVITIES IN THE SOUTH BAY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chi-Chen Hwan Co-President | Officer | 16 | $0 |
Peter Chan Vice President | Officer | 8 | $0 |
Sally Wu Treasurer | Officer | 5 | $0 |
Anna Wang Vice President | Officer | 40 | $0 |
Chungkun Lee Co-President | Officer | 30 | $0 |
Yee-Yeen Wang Co-Chair | Officer | 12 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,676,274 |
All other contributions, gifts, grants, and similar amounts not included above | $1,043,669 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,719,943 |
Total Program Service Revenue | $10,827,210 |
Investment income | $436,937 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $147,125 |
Net Gain/Loss on Asset Sales | $512,122 |
Net Income from Fundraising Events | $247,383 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $15,890,720 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
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 | $6,894,679 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,899,287 |
Payroll taxes | $0 |
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 | $0 |
Fees for services: Other | $456,893 |
Advertising and promotion | $0 |
Office expenses | $38,957 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $215,053 |
Travel | $500 |
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 | $201,197 |
Insurance | $0 |
All other expenses | $374,786 |
Total functional expenses | $10,505,407 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,081,012 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,349,803 |
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 | $13,481,605 |
Investments—publicly traded securities | $15,861,358 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $166,035 |
Total assets | $32,939,813 |
Accounts payable and accrued expenses | $85,210 |
Grants payable | $0 |
Deferred revenue | $67,912 |
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 | $818,332 |
Total liabilities | $971,454 |
Net assets without donor restrictions | $30,229,324 |
Net assets with donor restrictions | $1,739,035 |
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 | $32,939,813 |