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.
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 |
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 |