R J Friend Inc
- Assets
- $1.8m
- Revenue
- $91.1k
- Investments
- $227.1k
- Employees
- 0
- Location
- Broomfield, CO
- Founding
- 03/1995
- Data as of
- 12/2023
- EIN
- 84-1284023
Organization Overview
R J Friend Inc is located in Broomfield, CO. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. R J Friend 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 12/2023, R J Friend Inc generated $91.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 39.5% each year . All expenses for the organization totaled $99.4k during the year ending 12/2023. While expenses have increased by 41.6% 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.
Since 2014, R J Friend Inc has awarded 27 individual grants totaling $283,725. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGIS UNIVERSITY SCHOLARSHIP FUND
DONATION TO FRIENDS OF ST. ANDREW. THE FRIENDS OF ST. ANDREW PROVIDE MEALS TO THE HOMELESS.
ADAMS STATE UNIVERSITY SCHOLARSHIP FUND
SCHOLARSHIP FOR AARON HILL TO ATTEND THE UNIVERSITY OF COLORADO BOULDER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Friend Secretary | 0.77 | $550 | |
Nancy Hoffman Director | 0.77 | $550 | |
Jim Schoendaller Vice President | 0.77 | $550 | |
Elaine Ennis Pres/treas | 0.83 | $550 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,317 |
| Dividends & Interest | $7,957 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,788 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $71,654 |
| Total Revenue | $91,140 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4 |
| Taxes | $104 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $705 |
| Total operating and administrative expenses | $4,398 |
| Contributions, gifts, grants paid | $95,000 |
| Total expenses and disbursements | $99,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,352 |
| Savings and temporary cash investments | $309,884 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $1,123,704 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $227,109 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,804,049 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $28,356 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,356 |
Grants Awarded
Over the last fiscal year, R J Friend Inc has awarded $95,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
REGIS UNIVERSITY PURPOSE: SCHOLARSHIP FUND | $50,000 |
FRIENDS OF ST ANDREW PURPOSE: PROGRAM SUPPORT | $5,000 |
ADAMS STATE UNIVERSITY PURPOSE: SCHOLARSHIP FUND | $30,000 |
AARON HILL PURPOSE: SCHOLARSHIP | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nancy Eccles And Homer M Hayward Family Foundation Salt Lake City, UT | $67,270,454 | $5,546,192 |
Morton Foundation Lafayette, CA | $13,302,853 | $815,388 |
Jay Defeo Foundation San Francisco, CA | $22,393,855 | $1,870,039 |
Clarence H Martin Trust Memorial Fund Dallas, TX | $3,203,280 | $90,232 |
Ida J Benson Memorial Tr Fbo Forest W Benson Uw 032495 323 Las Vegas, NV | $678,670 | $26,973 |