Good Friend Ministry is located in Irvine, CA. The organization was established in 1983. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Friend Ministry 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 12/2022, Good Friend Ministry generated $39.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $24.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eugene J Choy President | 10 | $0 | |
Misang Choy Vice President | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $22,536 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $16,899 |
Capital Gain Net Income | $16,899 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $39,435 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $136 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $45 |
Other expenses | $0 |
Total operating and administrative expenses | $1,881 |
Contributions, gifts, grants paid | $22,500 |
Total expenses and disbursements | $24,381 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,716 |
Savings and temporary cash investments | $718,973 |
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 | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $728,689 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $47,300 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $47,300 |
Over the last fiscal year, Good Friend Ministry has awarded $22,500 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Anaheim, CA PURPOSE: REGULAR DONOR | $10,500 |
THE LAST RUNNERS PURPOSE: REGULAR DONOR | $4,000 |
La Mirada, CA PURPOSE: REGULAR DONOR | $4,000 |
Higley, AZ PURPOSE: REGULAR DONOR | $4,000 |
Organization Name | Assets | Revenue |
---|---|---|
Community Build Inc Los Angeles, CA | $3,997,471 | $9,365,253 |
Lake Mission Viejo Association Mission Viejo, CA | $11,099,981 | $7,973,182 |
Masters Academy International Inc Sun Valley, CA | $13,685,330 | $10,175,321 |
Society For Christian Instruction Ripon, CA | $27,201,760 | $9,423,324 |
Village Missions Dallas, OR | $5,481,807 | $8,833,787 |
Path Of Life Ministries Riverside, CA | $2,263,670 | $6,512,094 |
Reasons To Believe Covina, CA | $11,307,882 | $5,805,662 |
Priority Living Inc Corona, CA | $3,682,514 | $6,284,416 |
Global Training Network Inc Peoria, AZ | $3,445,890 | $6,634,687 |
Desert Trails Inc Adelanto, CA | $15,530,749 | $7,542,777 |
New Generations Los Altos, CA | $5,470,778 | $6,966,320 |
Langham Partnership Usa Inc Nfp Cave Creek, AZ | $4,743,435 | $6,322,505 |