Faith N Friends is located in Powell, TN. The organization was established in 2016. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faith N Friends 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 12/2022, Faith N Friends generated $141.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 41.7% each year . All expenses for the organization totaled $128.3k during the year ending 12/2022. While expenses have increased by 38.8% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FAITH N FRIENDS BRINGS HORSES PEOPLE TOGETHER BY CARING FOR AND REHOMING INTRANSITION HORSES WHILE EDUCATING HELPING THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED REHABILITATION FOCUSED SERVICES AND SAFE HAVEN FOR UNWANTED AND/OR HURT HORSES AND ANIMALS. PROVIDED EDUCATION TO THE PUBLIC FOR EQUINE EDUCATION AND RESPONSIBLE HORSE OWNERSHIP. SPECIALIZED IN ABUSED AND NEGLECTED, SLAUGHTER BOUND AND OWNER SURRENDERED HORSES. TOTAL VOLUNTEER HOURS 9816.5, VALUED AT $147,248, FOCUSED ON FARM WORK, FEEDING AND GROOMING HORSES, AS WELL AS SPREADING THE WORD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michelle Pritchard Board Member | Trustee | 7 | $0 |
Diana Cately Board Member | Trustee | 2 | $0 |
Mary Sadiku Incorporator | Trustee | 30 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $4,986 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $92,357 |
Noncash contributions included in lines 1a–1f | $12,720 |
Total Revenue from Contributions, Gifts, Grants & Similar | $97,343 |
Total Program Service Revenue | $7,740 |
Investment income | $4 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,127 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $141,442 |
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 | $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 | $625 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $46,645 |
Advertising and promotion | $251 |
Office expenses | $1,924 |
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 | $692 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,507 |
Insurance | $2,654 |
All other expenses | $26,898 |
Total functional expenses | $128,285 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $81,185 |
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 | $54,084 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $135,269 |
Accounts payable and accrued expenses | $342 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $40,130 |
Other liabilities | $0 |
Total liabilities | $40,472 |
Net assets without donor restrictions | $94,797 |
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 | $0 |
Total liabilities and net assets/fund balances | $135,269 |
Over the last fiscal year, we have identified 2 grants that Faith N Friends has recieved totaling $22,577.
Awarding Organization | Amount |
---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $22,199 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $378 |
Organization Name | Assets | Revenue |
---|---|---|
Humane Society Of Missouri St Louis, MO | $118,285,076 | $34,513,821 |
Lifeline Animal Project Inc Atlanta, GA | $5,896,275 | $14,518,102 |
Atlanta Humane Society & Society Prevention Of Cruelty To Animals Atlanta, GA | $45,392,577 | $23,205,036 |
Richmond Society For The Prevention Of Cruelty To Animals Richmond, VA | $57,425,937 | $15,802,293 |
Anicira Veterinary Center Harrisonburg, VA | $6,192,293 | $8,154,970 |
Kentucky Humane Society Louisville, KY | $24,399,127 | $11,144,330 |
Wayside Waifs Inc Kansas City, MO | $33,809,848 | $10,620,138 |
Young-Williams Animal Center Of East Tennessee Knoxville, TN | $5,944,535 | $6,893,843 |
Kansas City Pet Project Kansas City, MO | $1,985,562 | $5,802,344 |
Albemarle Society For The Prevention Of Cruelty To Animals Charlottesville, VA | $17,853,969 | $7,966,157 |
Old Friends Senior Dogs Mount Juliet, TN | $27,002,076 | $5,158,675 |
Asheville Humane Society Inc Asheville, NC | $5,134,448 | $5,816,882 |