Friends Of The Children - Phoenix
- Assets
- $1.1m
- Revenue
- $474.6k
- Investments
- $0.0
- Employees
- 9
- Location
- Phoenix, AZ
- Founding
- Data as of
- 08/2023
- EIN
- 87-4244522
Organization Overview
Friends Of The Children - Phoenix is located in Phoenix, AZ. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 08/2023, Friends Of The Children - Phoenix 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 - Phoenix 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 08/2023, Friends Of The Children - Phoenix generated $474.6k 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 (47.9%) each year. All expenses for the organization totaled $1.1m during the year ending 08/2023. 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
PROFESSIONAL MENTORSHIP FOR YOUTH FROM KINDERGARTEN THROUGH HIGH SCHOOL
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 ACHEIVEMENT: 83% GRADUATE HIGH SCHOOL OR EARN A GED, 93% AVOID JUVENILLE JUSTICE SYSTEM INVOLVEMENT, AND 98% AVOID TEEN PARENTING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Wechsler Chair | OfficerTrustee | 1 | $0 |
Greg Goodwin Vice Chair | OfficerTrustee | 1 | $0 |
Dan Van Denburgh Treasurer | OfficerTrustee | 1 | $0 |
Abby Weast Board Member | Trustee | 0.5 | $0 |
Sally Gnirk Secretary | OfficerTrustee | 1 | $0 |
Letizia Brentano Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $473,797 |
| Noncash contributions included in lines 1a–1f | $2,030 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $473,797 |
| 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 | $474,631 |
| 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. | $122,101 |
| Compensation of current officers, directors, key employees. | $48,841 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $496,899 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $49,937 |
| Payroll taxes | $45,771 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,048 |
| Advertising and promotion | $5,337 |
| Office expenses | $17,451 |
| Information technology | $22,864 |
| Royalties | $0 |
| Occupancy | $62,681 |
| Travel | $7,838 |
| 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 | $80,000 |
| Depreciation, depletion, and amortization | $229 |
| Insurance | $17,275 |
| All other expenses | $285 |
| Total functional expenses | $1,071,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $516,474 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $422,672 |
| 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 | $25,595 |
| Net Land, buildings, and equipment | $802 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $137,627 |
| Total assets | $1,103,170 |
| Accounts payable and accrued expenses | $49,770 |
| 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 | $141,505 |
| Total liabilities | $191,275 |
| Net assets without donor restrictions | $319,223 |
| Net assets with donor restrictions | $592,672 |
| 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 | $1,103,170 |