Friends Of The Children Tacoma
- Assets
- $451.6k
- Revenue
- $458.5k
- Investments
- $0.0
- Employees
- 9
- Location
- Tacoma, WA
- Founding
- 12/2019
- Data as of
- 08/2021
- EIN
- 84-3340283
Organization Overview
Friends Of The Children Tacoma is located in Tacoma, WA. The organization was established in 2019. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. As of 08/2021, Friends Of The Children Tacoma employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Children Tacoma 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 08/2021, Friends Of The Children Tacoma generated $458.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (41.9%) each year. All expenses for the organization totaled $786.9k during the year ending 08/2021. 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
FRIENDS OF THE CHILDREN - TACOMA IS A WASHINGTON BASED NONPROFIT WITH THE MISSION OF IMPACTING GENERATIONAL CHANGE BY EMPOWERING YOUTH WHO ARE FACING THE GREATEST OBSTACLES THROUGH RELATIONSHIPS WITH PROFESSIONAL MENTORS - 12+ YEARS, NO MATTER WHAT. 83% OF OUR YOUTH RECEIVE A HIGH SCHOOL DIPLOMA OR GED, 98% OF OUR YOUTH WAIT TO BECOME PARENTS UNTIL AFTER THEIR TEENS, 93% OF OUR YOUTH REMAIN FREE FROM JUVENILE JUSTICE SYSTEM INVOLVEMENT, AND 92% OF OUR YOUTH GO ON TO ENROLL IN POST-SECONDARY EDUCATION, SERVE OUR COUNTRY OR ENTER THE WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH IN THE FRIENDS PROGRAM FACE CONSIDERABLE CHALLENGES, INCLUDING PLACEMENT IN THE FOSTER CARE SYSTEM, UNDER-RESOURCED NEIGHBORHOOD SCHOOLS, HOMELESSNESS, HUNGER, AND DISPARITIES IN ACCESS TO AND QUALITY OF HEALTH CARE. DESPITE THESE BARRIERS, PROGRAM YOUTH ENTER ADULTHOOD WITH STRONG FOUNDATIONS FOR CONTINUING ACHIEVEMENT: 83% GRADUATE HIGH SCHOOL OR EARN A GED, 93% AVOID THE JUVENILE JUSTICE SYSTEM, AND 98% AVOID TEEN PARENTING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jr Nobles Executive Director | Officer | 40 | $87,857 |
Wendy Cleveland Treasurer | OfficerTrustee | 1 | $0 |
Todd Blodgett Board Chair | OfficerTrustee | 1 | $0 |
Jessica Case Board Member | Trustee | 1 | $0 |
Shareka Edwards Board Member | Trustee | 1 | $0 |
Mary Rennekamp Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,549 |
| Related organizations | $0 |
| Government grants | $75,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $331,241 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $409,790 |
| 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 | $458,468 |
| 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. | $116,093 |
| Compensation of current officers, directors, key employees. | $10,865 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $287,419 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,995 |
| Payroll taxes | $43,095 |
| 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 | $74,822 |
| Advertising and promotion | $3,950 |
| Office expenses | $25,128 |
| Information technology | $20,678 |
| Royalties | $0 |
| Occupancy | $42,105 |
| Travel | $1,065 |
| 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 | $81,038 |
| Depreciation, depletion, and amortization | $7,828 |
| Insurance | $5,959 |
| All other expenses | $0 |
| Total functional expenses | $786,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,713 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $254,323 |
| Accounts receivable, net | $480 |
| 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 | $19,113 |
| Net Land, buildings, and equipment | $30,978 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $451,607 |
| Accounts payable and accrued expenses | $29,260 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $29,260 |
| Net assets without donor restrictions | $163,024 |
| Net assets with donor restrictions | $259,323 |
| 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 | $451,607 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Friends Of The Children Tacoma has recieved totaling $231,969.
| Awarding Organization | Amount |
|---|---|
Friends Of The Children - National Office Portland, OR PURPOSE: CHAPTER SUPPORT | $118,805 |
Silver Family Foundation Darien, CT PURPOSE: MENTORING PROGRAM FOR CHILDREN | $40,000 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT | $25,000 |
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: HUNGER | $20,000 |
June & Julian Foss Foundation Fircrest, WA PURPOSE: PROMOTING RESILIENCE AND LIFE SUCCESS THROUGH PROFESSIONAL MENTORSHIP | $7,500 |
Credit Unions In The State Of Washington Tacoma, WA PURPOSE: GENERAL SUPPORT | $5,159 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of The Children - National Office Portland, OR | $36,919,587 | $29,716,709 |
Friends Of The Children-Portland Portland, OR | $7,514,671 | $8,796,476 |
Friends Of The Children Seattle Seattle, WA | $2,295,833 | $3,716,808 |
Friends Of The Children - Southwest Washington - Swwa Vancouver, WA | $1,131,400 | $2,098,730 |
Friends Of The Children Tacoma Tacoma, WA | $451,607 | $458,468 |
Friends Of The Children Of The Klamath Basin Klamath Falls, OR | $1,468,774 | $854,202 |
Mentor Graphics Foundation Wilsonville, OR | $280,696 | $408,650 |
Isaacs Room Salem, OR | $2,721,954 | $682,825 |
Ignite Worldwide Brier, WA | $719,597 | $768,498 |
Setpath Lake Oswego, OR | $76,901 | $147,378 |
Family Of Friends Mentoring Gresham, OR | $197,594 | $372,854 |
Athletes For Kids Sammamish, WA | $290,572 | $258,471 |