Friendship House Endowment
- Assets
- $451.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Billings, MT
- Founding
- 04/2000
- Data as of
- 06/2021
- EIN
- 81-0529506
Organization Overview
Friendship House Endowment is located in Billings, MT. The organization was established in 2000. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendship House Endowment 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, Friendship House Endowment generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.9%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Lundgren Director | 0.25 | $0 | |
Rusty Davies Vice President | 0.25 | $0 | |
Tim Mascarena Treasurer | 0.25 | $0 | |
Eric Peterson Secretary | 0.25 | $0 | |
Lisa Jensen President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,176 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,085 |
| Gain or Loss | $3,772 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,033 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $451,047 |
| Other assets | $0 |
| Total assets | $451,047 |
| Total liabilities | $151,669 |
| Net assets or fund balances | $299,378 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friendship House Endowment has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
American Baptist Foundation East Norriton, PA PURPOSE: PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kissler Family Foundation Boise, ID | $24,629,151 | $1,164,740 |
Billings Leadership Foundation Billings, MT | $312,454 | $1,099,588 |
Special K Ranch Foundation Inc Columbus, MT | $6,163,904 | $1,112,276 |
South Dakota Chapter Inc Of The American Concrete Pavement Assoc Sioux Falls, SD | $314,555 | $259,830 |
Spencer Wilson Charitable Tr Jackson, WY | $3,450,931 | -$235,728 |
Youth Emergency Service Foundation Gillette, WY | $2,106,809 | $1,501,036 |
Steve And Diane Hulbert Family Foundation West Fargo, ND | $3,328,867 | $1,084,040 |
Sunshine Bible Academy Foundation Miller, SD | $959,694 | $187,315 |
Syringa Hospital Foundation Inc Grangeville, ID | $907,835 | $199,097 |
Womentum Inc Jackson, WY | $234,361 | $0 |
Florence Lake Charitable Trust Grand Forks, ND | $3,058,662 | $379,817 |
Golden Valley Manor Foundation Beach, ND | $204,646 | $0 |