Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Friendship House Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $289,756.00 | $210,273.00 | |
| Total Expenses | $186,255.00 | $165,399.00 | |
| Revenue Less Expenses | ($-0.00) | $103,501.00 | $44,874.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $41,120.00 | |
| Contributions, Gifts, and Grants | $164,557.00 | $89,850.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $65,484.00 | $38,137.00 | |
| Investment Income, Net of Losses | $26,787.00 | $17,023.00 | |
| Membership Dues | $12,728.00 | $5,881.00 | |
| Special Events | $14,594.00 | $17,457.00 | |
| Revenue In-Kind | $5,606.00 | $805.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $141,331.00 | $128,321.00 | |
| Administration Expense | $44,924.00 | $37,078.00 | |
| Fundraising Expense | $0.00 | $0.00 | |
| Total Revenue/Total Expenses | 156% | 127% | |
| Program Expense/Total Expenses | 76% | 78% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $164,557.00 | Contributions, Gifts, Grants $89,850.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Program Revenue $65,484.00 | Government Grants $41,120.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Investment Income $26,787.00 | Program Revenue $38,137.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,157,282.00 | $1,145,592.00 | |
| Current Assets | $86,540.00 | $116,280.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $0.00 | $0.00 | |
| Total Net Assets | $1,157,282.00 | $1,145,592.00 |
Endowment Info
Yes
$930,000.00
Income Only
Capital Campaign Info
Yes
Yes
$1,250,000.00
Those of us who know and love 202 Friendship House know that keeping the budget balanced is one of our biggest issues. We reach a tremendous number of people on a very small amount, around $225,000 a year, and most of that (about 75%) comes through group rents, membership and concession sales. Year after year, we have to raise another $50,000+ through grant writing, special events, and other efforts.
It is our most heartfelt desire that the staff and board not have to devote time to fundraising that can be better spent on helping alcoholics and keeping the house running smoothly.
We are raising an endowment, so that we can be truly sustainable. With a $1,250,000 endowment, earning a modest 4% a year, we would have income of $50,000 to cover that gap. Thanks to some amazing donors, we are almost there. This year, we were able to get a $250,000 matching grant, which will get us to $1,250,000.
January 2023
January 2024
June
2023
$930,000.00
Solicitation Permit Info
Yes
May
2024
Form 990s
| 990 | 2022 |
| Friendship House 990 2021 | 2021 |
| Friendship House 990 2020 | 2020 |
| Friendship House 990 2020 Schedules | 2020 |
| Friendship House 990 2020 | 2020 |
| Friendship House 990 2019 | 2019 |
| Friendship House 990 2018 | 2018 |
| Extension Letter for 2017 990 | 2017 |
| Friendship House 990 | 2017 |
| Friendship House 990 | 2016 |
| Friendship House 990 | 2015 |
| Friendship House 990 | 2014 |
| Friendship House Form 990 | 2013 |
| friendship house 2012 990 | 2012 |
| friendship house 2011 990 | 2011 |
| friendship house 2010 990 | 2010 |
| friendship house 2009 990 | 2009 |
| friendship house 2008 990 | 2008 |
| friendship house 2007 990 | 2007 |
| friendship house 2006 990 | 2006 |
Audit Documents
| 202 Audit | 2015 |
| Friendship House 2013 Financials | 2013 |
| Friendship House Cash Flow | 2011 |
| Friendship House P & L | 2011 |
| Friendship House Statement of Financial Position | 2011 |
CEO/Executive Director/Board Comments
| We have determined that we can no longer rely upon voluntary contributions and dues to keep the Friendship House open, as we have for 45 years. Therefore, we have an organized campaign with a fundraising committee actively applying for foundation grants and individual contributions. Friendship House does not prepare a formal annual budget. |
Foundation Staff Comments
| Financial figures taken from 990. 990 was prepared by Puryear & Noonan, PC, CPA Comments provided by Hayley Sulfridge 7/4/23. |
