Civic Intelligence

Friends Supporting Friends Inc

EIN 33-1066775 • 501(c)3 • Jennings, LA

Profile

Our mission is to provide whatever assistance within our abilities to relieve those in need of the worry of providing the basic primordial necessities.Many residents in the area serviced by Friends Supporting Friends, Inc. fail to have the necessary resources to cope with day to day needs; primarily when significant events occur, such as medical emergencies, that place an even greater strain on limited resources.Friends Supporting Friends, Inc. willingly attempts to assist those in need by arranging and hosting fund raising events. Such events are initiated when Friends Supporting Friends, Inc. is made aware of a particular need and the directors approve to commit Friends Supporting Friends, Inc to participate and sponsor.

PO Box 1056Jennings, LA 70546

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.51x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

1.69x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

21st percentile

-24%

Higher net margin than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

37th percentile

-14%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2023

Revenue Growth

96th percentile

233%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2023

Assets

Down

$115,716

Down $64,483 (-36%) from 2020

Liabilities

Flat

$59,118

Flat from 2020

Net Assets

Down

$56,598

Down $64,483 (-53%) from 2020

Revenue

Up

$34,972

Up $34,027 (+3601%) from 2020

Expenses

Up

$43,248

Up $28,588 (+195%) from 2020

Net Income

Up

-$8,276

Up $5,439 (+40%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2010: $83,956Net Assets 2010: $83,9562010Assets 2011: $62,766Net Assets 2011: $62,7662011Assets 2012: $78,966Net Assets 2012: $78,9662012Assets 2013: $188,299Liabilities 2013: $99,267Net Assets 2013: $89,0322013Assets 2014: $164,380Liabilities 2014: $95,867Net Assets 2014: $68,5132014Assets 2015: $104,999Liabilities 2015: $87,467Net Assets 2015: $17,5322015Assets 2016: $107,119Liabilities 2016: $79,067Net Assets 2016: $28,0522016Assets 2020: $180,199Liabilities 2020: $59,118Net Assets 2020: $121,0812020Assets 2023: $115,716Liabilities 2023: $59,118Net Assets 2023: $56,5982023

Highlighted filing

2023

Assets$115,716
Liabilities$59,118
Net Assets$56,598

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $50,100Expenses 2010: $54,077Net Income 2010: -$3,9772010Revenue 2011: $21,034Expenses 2011: $42,224Net Income 2011: -$21,1902011Revenue 2012: $58,012Expenses 2012: $41,812Net Income 2012: $16,2002012Revenue 2013: $65,380Expenses 2013: $55,313Net Income 2013: $10,0672013Revenue 2014: $104,161Expenses 2014: $124,681Net Income 2014: -$20,5202014Revenue 2015: $45,429Expenses 2015: $39,670Net Income 2015: $5,7592015Revenue 2016: $73,812Expenses 2016: $66,779Net Income 2016: $7,0332016Revenue 2020: $945Expenses 2020: $14,660Net Income 2020: -$13,7152020Revenue 2023: $34,972Expenses 2023: $43,248Net Income 2023: -$8,2762023

Highlighted filing

2023

Revenue$34,972
Expenses$43,248
Net Income-$8,276

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 1, 2024
Return Version
2023v5.1
Gross Receipts
$65,437
Mission and Program Overview

Mission

This organization has been formed to raise funds in an effort to assist the needy with medical expenses and other costs when they fall through the gap between governments assistance for the poor and / or elderly and the various insurance programs. This will done in the following manner: 1. By holding various types of fund raising activities: dances, short term musical festivals, etc. 2. Each activity will be initiated when a specific need is noted and approved. 3. The activities will normally be held in each prospective recipient's home area (generally within jefferson davis parish and acadia parish, louisiana). 4. Each activity will be sponsored and conducted by this organization.

Our mission is to provide whatever assistance within our abilities to relieve those in need of the worry of providing the basic primordial necessities.Many residents in the area serviced by Friends Supporting Friends, Inc. fail to have the necessary resources to cope with day to day needs; primarily when significant events occur, such as medical emergencies, that place an even greater strain on limited resources.Friends Supporting Friends, Inc. willingly attempts to assist those in need by arranging and hosting fund raising events. Such events are initiated when Friends Supporting Friends, Inc. is made aware of a particular need and the directors approve to commit Friends Supporting Friends, Inc to participate and sponsor.

Program Services

DescriptionGrantsExpenses
Many residents in the area serviced by Friends Supporting Friends, Inc. fail to have the necessary resources to cope with day to day needs; primarily when catastrophic events occur, such as medical emergencies or disasters, that place an even greater strain on limited resources.Friends Supporting Friends, Inc. willingly attempts to assist those in need by arranging and hosting fund raising events. Such events are initiated when Friends Supporting Friends, Inc. is made aware of a particular need and the directors approve to commit Friends Supporting Friends, Inc to participate and sponsor.The types of events sponsored vary to best attract the necessary donors that will generate the resources to relieve the financial burden of the afflicted.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keith StutesPresident-$0--
Michael CrochetVice President-$0--
Shurley FrugeSecretary-$0--
Kathy HulinDirector-$0--
Sheila LandryTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Family & Individual Assistance$58,166$58,166$25,173$32,993
Total Events$58,166$58,166$30,465$27,701
Filing and Contact Details

Filer

Filer Name
Friends Supporting Friends Inc
EIN
33-1066775
Phone
3376580449
Address
PO Box 1056, Jennings, LA 70546

Signing Officer

Name
Keith Stutes
Title
President
Signed
2024-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Schulthess & Associates CPAs LLC
Address
PO BOX 1406, JENNINGS, LA 70546
Preparer
Shea Monceaux
Phone
3378244244
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $318

Other Expenses.1

Licenses & Permits $1280

Other Expenses.2

Taxes Included in Sales $582

Other Assets.1003

Machinery and Equipment - Beginning $588 Machinery and Equipment - Ending $195

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $1060 Accounts Payable and Accrued Expenses - Ending $1060

Total Liabilities.1007

Secured Mortgages and Notes Payable - Beginning $58058 Secured Mortgages and Notes Payable - Ending $58058

Statement Note 1

IR-2024-236, Sept. 13, 2024WASHINGTON The Internal Revenue Service announced today tax relief for individuals and businesses in the entire state of Louisiana, affected by Tropical Storm Francine that began on Sept. 10, 2024.These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IR-2024-236, Sept. 13, 2024WASHINGTON The Internal Revenue Service announced today tax relief for individuals and businesses in the entire state of Louisiana, affected by Tropical Storm Francine that began on Sept. 10, 2024.These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments.
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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