The Friendship Initiative Inc
- Assets
- $83.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coconut Creek, FL
- Founding
- 11/2013
- Data as of
- 12/2023
- EIN
- 90-0719846
Organization Overview
The Friendship Initiative Inc is located in Coconut Creek, FL. The organization was established in 2013. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendship Initiative 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, Friendship Initiative Inc generated $78.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $105.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samantha Novick President/director | 20 | $0 | |
Paola Blanco Vp/director | 5 | $0 | |
Karen Wilson Treasurer/director | 5 | $0 | |
Heather Weissman Vp/director | 10 | $0 | |
Jason Novcik Director | 5 | $0 | |
Gustavo Padrino Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,604 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$8,809 |
| Other Revenue | $0 |
| Total Revenue | $78,795 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,577 |
| Professional fees and other payments to independent contractors | $15,645 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $532 |
| Other expenses | $82,667 |
| Total expenses | $105,421 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,901 |
| Other assets | $0 |
| Total assets | $83,442 |
| Total liabilities | $260 |
| Net assets or fund balances | $83,182 |