Civic Intelligence

Friendship Education Foundation

990 • Fiscal year 2020 • EIN 46-4655147

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 16, 2021

Organization Profilefriendshipusa.org

View Organization Page

1351 Nicholson St NWWashington, DC 20011

(202) 281-1700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.97x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

6.45x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

9th percentile

-32%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

44th percentile

$156,505

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

75th percentile

20%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-47%

Faster revenue growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$10,322,455

Up $1,747,632 (+20%) from 2019

Net Assets

Down

$345,117

Down $1,169,423 (-77%) from 2019

Liabilities

Up

$9,977,338

Up $2,917,055 (+41%) from 2019

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin9th percentile

Revenue

Down

$1,547,645

Down $1,383,377 (-47%) from 2019

Expenses

Down

$2,041,186

Down $196,904 (-8.8%) from 2019

Net Income

Down

-$493,541

Down $1,186,473 (-171%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2015: $363,510Liabilities 2015: $169,254Net Assets 2015: $194,2562015Assets 2016: $363,060Liabilities 2016: $129,596Net Assets 2016: $233,4642016Assets 2017: $159,611Liabilities 2017: $48,771Net Assets 2017: $110,8402017Assets 2018: $2,333,871Liabilities 2018: $2,202,670Net Assets 2018: $131,2012018Assets 2019: $8,574,823Liabilities 2019: $7,060,283Net Assets 2019: $1,514,5402019Assets 2020: $10,322,455Liabilities 2020: $9,977,338Net Assets 2020: $345,1172020Assets 2021: $9,661,346Liabilities 2021: $9,646,992Net Assets 2021: $14,3542021Assets 2022: $15,205,409Liabilities 2022: $14,843,953Net Assets 2022: $361,4562022Assets 2023: $20,371,420Liabilities 2023: $20,230,350Net Assets 2023: $141,0702023Assets 2024: $2,256,144Liabilities 2024: $1,987,441Net Assets 2024: $268,7032024

Highlighted filing

2020

Assets$10,322,455
Liabilities$9,977,338
Net Assets$345,117
Open 2020 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2015: $1,624,107Expenses 2015: $1,429,851Net Income 2015: $194,2562015Revenue 2016: $1,147,344Expenses 2016: $1,199,767Net Income 2016: -$52,4232016Revenue 2017: $439,509Expenses 2017: $571,135Net Income 2017: -$131,6262017Revenue 2018: $1,007,214Expenses 2018: $986,853Net Income 2018: $20,3612018Revenue 2019: $2,931,022Expenses 2019: $2,238,090Net Income 2019: $692,9322019Revenue 2020: $1,547,645Expenses 2020: $2,041,186Net Income 2020: -$493,5412020Revenue 2021: $1,999,215Expenses 2021: $2,329,978Net Income 2021: -$330,7632021Revenue 2022: $3,433,001Expenses 2022: $3,085,899Net Income 2022: $347,1022022Revenue 2023: $3,762,653Expenses 2023: $3,983,039Net Income 2023: -$220,3862023Revenue 2024: $3,301,063Expenses 2024: $3,173,430Net Income 2024: $127,6332024

Highlighted filing

2020

Revenue$1,547,645
Expenses$2,041,186
Net Income-$493,541
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 16, 2021
Return Version
2019v5.1
Gross Receipts
$1,547,645
Mission and Program Overview

Mission

Friendship Education Foundation takes a whole-child approach to education. Teachers, administrators, counselors, and support staff work together to meet the intellectual, social, behavioral, and emotional needs of each and every child served. The aim is to ensure that students are prepared for success in college and in life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,789,237$9,126,315▲ $1,337,078
Loans From Officers Directors$6,368,151$8,786,079▲ $2,417,928
Cash and Non-Interest-Bearing Accounts$626,873$1,083,085▲ $456,212
Accounts Receivable$153,741$113,055▼ $40,686
Total Assets$8,574,823$10,322,455▲ $1,747,632
Other Assets Total$4,972--
Liabilities
Deferred Revenue-$1,130,795-
Accounts Payable and Accrued Expenses$692,132$60,464▼ $631,668
Total Liabilities$7,060,283$9,977,338▲ $2,917,055
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,616,872$702,444▼ $914,428
Net Assets Without Donor Restrictions$-102,332$-357,327▼ $254,995
Total Net Assets Fund Balance$1,514,540$345,117▼ $1,169,423
Total Liabilities and Net Assets / Fund Balance$8,574,823$10,322,455▲ $1,747,632

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,211,496$260,167$7,471,663
Equipment$970,723$279,730$1,250,453
Land$772,530-$772,530
Leasehold Improvements$158,040$28,245$186,285
Other Land Buildings$13,526$11,175$24,701
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Joe H Harris IiiExecutive DirectorFT$156,505$156,505
Joe H Harris Iii--$156,505$156,505

Board Members and Trustees

NameTitle
Donald L HenseChairman
Gilbert E DelormeTrustee
Kenneth CampbellTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Hart Construction LLCConstruction100 SOUTH MAIN ST, Searcy, AR 72143$5,020,193
Revenue and Support

Revenue Composition

Contributions and Grants
$985,722
Program Service Revenue
$561,730
Investment Income
$193
Other Revenue
$0
All Other Contributions
$985,722
Change in Net Assets
$-493,541

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$111,071Npv
Total Noncash Contributions1$111,071-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,547,645
Total Revenue per Audited Statements
$1,547,645
Total Revenue per Form 990
$1,547,645
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,434,794
Salaries, Compensation, and Employee Benefits$606,392
Total Fundraising Expense$7,550
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$404,133$5,998$0$410,131
Comp Disqual Persons$308,000$26,034$2,892$336,926
Interest$245,924$0$0$245,924
Fees for Services Other$163,313$49,157$0$212,470
Current Officers, Directors, Trustees, and Key Employees$146,263$12,363$1,374$160,000
Travel$106,730$45,741$0$152,471
Other Employee Benefits$47,268$18,231$2,026$67,525
Insurance$49,048$2,500$0$51,548
Payroll Taxes$29,358$11,325$1,258$41,941
Fees for Services Accounting$0$20,303$0$20,303
Occupancy$8,120$0$0$8,120
Other Expenses$1,996$855$0$2,851
Fees for Services Legal$0$525$0$525
Total Functional Expenses$1,805,909$227,727$7,550$2,041,186

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,041,186
Total Expenses per Audited Statements$2,041,186
Total Expenses per Form 990$2,041,186
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$6,368,151$8,786,079▲ $2,417,928
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Friendship Education Foundation
EIN
46-4655147
Phone
2022811700
Address
1351 NICHOLSON ST NW, WASHINGTON, DC 20011

Signing Officer

Name
Joe Harris Iii
Title
Chief Operating Officer
Phone
2022811700
Signed
2021-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Harris Iii
Formed
2014
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
1
Employees
6
Volunteers
0

Preparer

Firm
Anderson Davis & Associates CPA Pa
Address
1406 B SOUTH CRAIN HWY STE 204, GLEN BURNIE, MD 21061
Preparer
Benjamin M Yust CPA
Phone
4107662645
Supplemental Narrative

Additional Explanations

Pt VI, Line 8A

“No meetings were conducted”

Pt VI, Line 8B

“There are no such committees”

Pt VI, Line 11B

“No review was or will be conducted”

Pt VI, Line 19

“Governing documents and financial statements provided upon request”

Form 990, Part IX, Line 11G

“Media consultants 84663. 61941. 22722.”

Form 990, Part IX, Line 11G

“Education consultants 60720. 60720.”

Form 990, Part IX, Line 11G

“Business fin mgmt consultants 8465. 8465.”

Form 990, Part IX, Line 11G

“PAYROLL FEES 3058. 3058.”

Form 990, Part IX, Line 11G

“Other consultants 55564. 40652. 14912.”

Financial Statement Notes

Pt X, Line 2

“Fef evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of june 30, 2020, there were no accruals for uncertain tax positions. If applicable, fef records interest and penalties as a component of income tax expense. Management evaluated fef's tax positions and concluded that fef had taken no uncertain tax positions that required adjustment to the financial statements to comply with the provisions of this guidance. With few exceptions fef's tax returns remain open for three years for federal and state examination.”

Raw XML AppendixShowing 400 of 519 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0692132
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt060464
IRS990/AccountsReceivableGrp/BOYAmt0153741
IRS990/AccountsReceivableGrp/EOYAmt0113055
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0FRIENDSHIP EDUCATION FOUNDATION TAKES A WHOLE-CHILD APPROACH TO EDUCATION. TEACHERS, ADMINISTRATORS, COUNSELORS, AND SUPPORT STAFF WORK TOGETHER TO MEET THE INTELLECTUAL, SOCIAL, BEHAVIORAL, AND EMOTIONAL NEEDS OF EACH AND EVERY CHILD SERVED. THE AIM IS TO ENSURE THAT STUDENTS ARE PREPARED FOR SUCCESS IN COLLEGE AND IN LIFE.
IRS990/AllOtherContributionsAmt0985722
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JOE HARRIS III
IRS990/BooksInCareOfDetail/PhoneNum02022811700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01351 NICHOLSON ST NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020011
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0626873
IRS990/CashNonInterestBearingGrp/EOYAmt01083085
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt01374
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt012363
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0146263
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0160000
IRS990/CompDisqualPersonsGrp/FundraisingAmt02892
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt026034
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt0308000
IRS990/CompDisqualPersonsGrp/TotalAmt0336926
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt05020193
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0100 SOUTH MAIN ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0SEARCY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0AR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd072143
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0HART CONSTRUCTION LLC
IRS990/ContractorCompensationGrp/ServicesDesc0CONSTRUCTION
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0985722
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0193
IRS990/CYOtherExpensesAmt01434794
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0561730
IRS990/CYRevenuesLessExpensesAmt0-493541
IRS990/CYSalariesCompEmpBnftPaidAmt0606392
IRS990/CYTotalExpensesAmt02041186
IRS990/CYTotalFundraisingExpenseAmt07550
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01547645
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/EOYAmt01130795
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt05998
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0404133
IRS990/DepreciationDepletionGrp/TotalAmt0410131
IRS990/Desc0TO PROVIDE SUPPORT TO EDUCATIONAL PROGRAMS AND INSTITUTIONS TO IMPROVE PERFORMANCE OF STUDENTS IN UNDERSERVED COMMUNITIES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01616872
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0702444
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01805909
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020303
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt020303
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0525
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt0525
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt049157
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0163313
IRS990/FeesForServicesOtherGrp/TotalAmt0212470
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0JOE H HARRIS III
IRS990/Form990PartVIISectionAGrp/PersonNm1DONALD L HENSE
IRS990/Form990PartVIISectionAGrp/PersonNm2GILBERT E DELORME
IRS990/Form990PartVIISectionAGrp/PersonNm3KENNETH CAMPBELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0156505
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01547645
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02500
IRS990/InsuranceGrp/ProgramServicesAmt049048
IRS990/InsuranceGrp/TotalAmt051548
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt0245924
IRS990/InterestGrp/TotalAmt0245924
IRS990/InvestmentIncomeGrp/ExclusionAmt0193
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0193
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0579317
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07789237
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09126315
IRS990/LandBldgEquipCostOrOtherBssAmt09705632
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt06368151
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt08786079
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0FRIENDSHIP EDUCATION FOUNDATION TAKES A WHOLE-CHILD APPROACH TO EDUCATION. TEACHERS, ADMINISTRATORS, COUNSELORS, AND SUPPORT STAFF WORK TOGETHER TO MEET THE INTELLECTUAL, SOCIAL, BEHAVIORAL, AND EMOTIONAL NEEDS OF EACH AND EVERY CHILD SERVED. THE AIM IS TO ENSURE THAT STUDENTS ARE PREPARED FOR SUCCESS IN COLLEGE AND IN LIFE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01514540
IRS990/NetAssetsOrFundBalancesEOYAmt0345117
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-102332
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-357327
IRS990/NoncashContributionsAmt0111071
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt08120
IRS990/OccupancyGrp/TotalAmt08120
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04972
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02026
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018231
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt047268
IRS990/OtherEmployeeBenefitsGrp/TotalAmt067525
IRS990/OtherExpensesGrp/Desc0RENT
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016359
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt118336
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2855
IRS990/OtherExpensesGrp/ProgramServicesAmt0252972
IRS990/OtherExpensesGrp/ProgramServicesAmt142784
IRS990/OtherExpensesGrp/ProgramServicesAmt21996
IRS990/OtherExpensesGrp/TotalAmt0269331
IRS990/OtherExpensesGrp/TotalAmt161120
IRS990/OtherExpensesGrp/TotalAmt22851
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01258
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011325
IRS990/PayrollTaxesGrp/ProgramServicesAmt029358
IRS990/PayrollTaxesGrp/TotalAmt041941
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOE HARRIS III
IRS990/PriorPeriodAdjustmentsAmt0-675882
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1RENT
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0146105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1415625
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02449011
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt01431026
IRS990/PYProgramServiceRevenueAmt0482011
IRS990/PYRevenuesLessExpensesAmt0692932
IRS990/PYSalariesCompEmpBnftPaidAmt0807064
IRS990/PYTotalExpensesAmt02238090
IRS990/PYTotalRevenueAmt02931022
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-493541
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0561730
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0976876
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0976876
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0985722
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02449011
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0713593
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0145973
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0829019
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05123318
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0193
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0217
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0141
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt047
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0561730
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0482011
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0293480
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0293536
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0318303
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01949060
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0193
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0217
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0141
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0620
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.78460
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05549248
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt01523130
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01523130
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0546254
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0546254
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01547452
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02931022
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01007073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0439509
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01147322
IRS990ScheduleA/Total509Grp/TotalAmt07072378
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07072998
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt07211496
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0260167
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07471663
IRS990ScheduleD/EquipmentGrp/BookValueAmt0970723
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0279730
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01250453
IRS990ScheduleD/ExpensesSubtotalAmt02041186
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0772530
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0772530
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0158040
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt028245
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0186285
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013526
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011175
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt024701
IRS990ScheduleD/RevenueSubtotalAmt01547645
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FEF EVALUATES UNCERTAINTY IN INCOME TAX POSITIONS BASED ON A MORE-LIKELY-THAN-NOT RECOGNITION STANDARD. IF THAT THRESHOLD IS MET, THE TAX POSITION IS THEN MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. AS OF JUNE 30, 2020, THERE WERE NO ACCRUALS FOR UNCERTAIN TAX POSITIONS. IF APPLICABLE, FEF RECORDS INTEREST AND PENALTIES AS A COMPONENT OF INCOME TAX EXPENSE. MANAGEMENT EVALUATED FEF'S TAX POSITIONS AND CONCLUDED THAT FEF HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS FEF'S TAX RETURNS REMAIN OPEN FOR THREE YEARS FOR FEDERAL AND STATE EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09126315
IRS990ScheduleD/TotalExpensesPerForm990Amt02041186
IRS990ScheduleD/TotalRevenuePerForm990Amt01547645
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01547645
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02041186
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0156505
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOE H HARRIS III
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0156505
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt08786079
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0WALTON FAMILY FNDN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0RENOVATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt09300000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0SUBSTANTIAL CONTRIB.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt08786079
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0IMPUTED INTEREST ON ZERO % LOAN
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0NPV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0111071
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO MEETINGS WERE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO SUCH COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS PROVIDED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEDIA CONSULTANTS 84663. 61941. 22722.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EDUCATION CONSULTANTS 60720. 60720.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BUSINESS FIN MGMT CONSULTANTS 8465. 8465.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PAYROLL FEES 3058. 3058.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OTHER CONSULTANTS 55564. 40652. 14912.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 11g
IRS990ScheduleR/AssetExchangeInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,322,455
Liabilities
$9,977,338
Net assets
$345,117
Revenue
$1,547,645
Expenses
$2,041,186
Net income
-$493,541
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.26$1.99$0.27$3.30$3.17$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.4$20.2$0.14$3.76$3.98$0.22
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.2$14.8$0.36$3.43$3.09$0.35
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.66$9.65$0.01$2.00$2.33$0.33
2020Detailed filing. Detailed filing data is available for this year.$10.3$9.98$0.35$1.55$2.04$0.49
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.57$7.06$1.51$2.93$2.24$0.69
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$2.20$0.13$1.01$0.99$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.05$0.11$0.44$0.57$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.13$0.23$1.15$1.20$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.17$0.19$1.62$1.43$0.19