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← FRIENDS OF THE CHILDREN - NATIONAL OFFICE

Form 990 for tax year 2023

Filed by FRIENDS OF THE CHILDREN - NATIONAL OFFICE.

Totals

Total revenue
$11,888,314
Total expenses
$24,586,137
Contributions and grants received
$9,835,697
Grants paid
$15,456,783
Program service revenue
$1,145,070
Investment income
$829,725
Other revenue
$77,822
Total assets, end of year
$32,619,125
Total liabilities, end of year
$6,946,197
Net assets or fund balances, end of year
$25,672,928
Program services expenses (Part IX)
$22,741,578
Management and general expenses
$1,451,187
Fundraising expenses
$393,372
Program service expenses (Part III)
$22,741,578

Program services were 92.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,938,932

  • 1f · All other contributions, gifts and grants

    $7,896,765

  • 2a · Program service revenue: CHAPTER SUPPORT REVENUE

    total $1,145,070 · related or exempt $1,145,070

  • 3 · Investment income

    total $829,725 · excluded $829,725

  • 6a · Gross rents

    real property $76,831

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $76,831

  • 6d · Net rental income or loss

    total $76,831 · excluded $76,831

  • 11a · Other revenue: OTHER INCOME

    total $991 · excluded $991

  • 11e · Other revenue, total

    $991

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,456,783 · program services $15,456,783

  • 5 · Compensation of officers, directors and key employees

    total $1,161,098 · program services $967,951 · management and general $161,014 · fundraising $32,133

  • 7 · Other salaries and wages

    total $4,224,280 · program services $3,758,826 · management and general $367,396 · fundraising $98,058

  • 8 · Pension plan contributions

    total $167,243 · program services $146,550 · management and general $16,616 · fundraising $4,077

  • 9 · Other employee benefits

    total $456,871 · program services $395,310 · management and general $51,737 · fundraising $9,824

  • 10 · Payroll taxes

    total $425,270 · program services $373,973 · management and general $41,071 · fundraising $10,226

  • 11g · Fees: other

    total $1,376,108 · program services $781,937 · management and general $476,264 · fundraising $117,907

  • 13 · Office expenses

    total $31,148 · program services $24,289 · management and general $6,241 · fundraising $618

  • 14 · Information technology

    total $371,503 · program services $346,297 · management and general $17,467 · fundraising $7,739

  • 16 · Occupancy

    total $134,229 · program services $102,476 · management and general $13,411 · fundraising $18,342

  • 17 · Travel

    total $347,475 · program services $198,748 · management and general $139,452 · fundraising $9,275

  • 22 · Depreciation, depletion and amortization

    total $30,473 · program services $26,721 · management and general $3,021 · fundraising $731

  • 23 · Insurance

    total $26,792 · program services $2,230 · management and general $24,501 · fundraising $61

  • 24a · Other expenses: COMMUNITY AWARENESS

    total $147,781 · program services $55,903 · management and general $16,495 · fundraising $75,383

  • 24b · Other expenses: PAYROLL AND BANKING FEE

    total $144,591 · program services $95,891 · management and general $41,363 · fundraising $7,337

  • 24c · Other expenses: STAFF DEVELOPMENT

    total $84,492 · program services $7,693 · management and general $75,138 · fundraising $1,661

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,113,496 · end of year $655,148

  • 2 · Savings and temporary cash investments

    beginning of year $3,239,059 · end of year $14,971,292

  • 3 · Pledges and grants receivable

    beginning of year $3,092,039 · end of year $2,901,395

  • 4 · Accounts receivable

    beginning of year $106,672 · end of year $69,802

  • 9 · Prepaid expenses and deferred charges

    beginning of year $199,743 · end of year $271,907

  • 10a · Land, buildings and equipment: cost or other basis

    $519,976

  • 10b · Land, buildings and equipment: accumulated depreciation

    $229,488

  • 10c · Land, buildings and equipment, net

    beginning of year $181,379 · end of year $290,488

  • 11 · Investments: publicly traded securities

    beginning of year $20,443,281 · end of year $13,391,194

  • 13 · Investments: program-related

    beginning of year $79,549 · end of year $38,559

  • 15 · Other assets

    beginning of year $5,250,598 · end of year $29,340

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,203,906 · end of year $6,033,655

  • 18 · Grants payable

    beginning of year $1,712,593 · end of year $90,234

  • 25 · Other liabilities

    beginning of year $167,316 · end of year $822,308

  • 27 · Net assets without donor restrictions

    beginning of year $18,924,107 · end of year $14,631,464

  • 28 · Net assets with donor restrictions

    beginning of year $17,697,894 · end of year $11,041,464

Mission and programs · 2023

Mission

IMPACTING GENERATIONAL CHANGE BY EMPOWERING YOUTH WHO ARE FACING THE GREATEST OBSTACLES THROUGH RELATIONSHIPS WITH PAID PROFESSIONAL MENTORS 12+ YEARS, NO MATTER WHAT.

  • FRIENDS OF THE CHILDREN IS A NATIONAL NONPROFIT WITH THE MISSION OF IMPACTING GENERATIONAL CHANGE BY EMPOWERING YOUTH WHO ARE FACING THE GREATEST OBSTACLES THROUGH RELATIONSHIPS WITH PAID PROFESSIONAL MENTORS - 12+ YEARS, NO MATTER WHAT. OUR SUCCESSFUL MODEL IS NOW IN 35 LOCATIONS AROUND THE COUNTRY. 83% OF OUR YOUTH RECEIVE A HIGH SCHOOL DIPLOMA OR GED, 98% OF OUR YOUTH WAIT TO BECOME PARENTS UNTIL AFTER THEIR TEENS, 93% OF OUR YOUTH REMAIN FREE FROM JUVENILE JUSTICE SYSTEM INVOLVEMENT, AND 92% OF OUR YOUTH GO ON TO ENROLL IN POST-SECONDARY EDUCATION, SERVE OUR COUNTRY, OR ENTER THE WORKFORCE.

    Expenses $22,741,578 · Grants $15,456,783 · Revenue $1,145,070

As filed on the 2023 return.

Listed in Part VII

  • Stephen M Graham

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • George Granger

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Karie Conner

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Bruce A Schoen

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Dj Wilson

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Duncan Campbell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Erica Baird

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Greg Goodwin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Thomas Keller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sharon Maghie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Peggy Maguire

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Miner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Henry G Morriello

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bryan R Parker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dan Saltzman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nancy Pollard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Shapiro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Traci Rossi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amy Tykeson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Terri Sorensen

    CEO

    Total calculated
    $391,259
    From this org
    $372,214
    From related orgs
    $0
    Other
    $19,045
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $298,751
    Bonus
    $73,463
    Other
    $0
    Deferred
    $10,285
    Nontaxable benefits
    $8,760
    Filer's total
    $391,259

  • Erinn Kelley-Siel

    CHIEF STRATEGY OFFICER

    Total calculated
    $230,980
    From this org
    $213,990
    From related orgs
    $0
    Other
    $16,990
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,914
    Bonus
    $35,076
    Other
    $0
    Deferred
    $7,630
    Nontaxable benefits
    $9,360
    Filer's total
    $230,980

  • Abigail Weast

    COO/CFO

    Total calculated
    $196,830
    From this org
    $178,769
    From related orgs
    $0
    Other
    $18,061
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,902
    Bonus
    $15,867
    Other
    $0
    Deferred
    $7,051
    Nontaxable benefits
    $11,010
    Filer's total
    $196,830

  • Carmi Brown

    CHIEF PROGRAM OFFICER

    Total calculated
    $160,620
    From this org
    $146,927
    From related orgs
    $0
    Other
    $13,693
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,730
    Bonus
    $13,197
    Other
    $0
    Deferred
    $4,333
    Nontaxable benefits
    $9,360
    Filer's total
    $160,620

  • Tarece Johnson

    CHIEF OFFICER OF BELONGING

    Total calculated
    $157,544
    From this org
    $142,040
    From related orgs
    $0
    Other
    $15,504
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,320
    Bonus
    $12,720
    Other
    $0
    Deferred
    $5,682
    Nontaxable benefits
    $9,822
    Filer's total
    $157,544

  • Shanna Lamar

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $174,664
    From this org
    $157,360
    From related orgs
    $0
    Other
    $17,304
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,192
    Bonus
    $10,168
    Other
    $0
    Deferred
    $6,294
    Nontaxable benefits
    $11,010
    Filer's total
    $174,664

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • FRIENDS OF THE CHILDREN NATIONAL LLC

    HOLD PROPERTY · OR

    Directly controlled by FRIENDS OF THE CHILDREN

Provenance

Return type
form_990
Tax year
2023
Filed
13 February 2025
IRS schema version
2023v6.0
Source object
202520519349300132

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