Civic Intelligence

Friendly Hand Foundation DBA the Peggy Albrecht Friendly House

990 • Fiscal year 2016 • EIN 95-1870626

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

Refreshing map…

347 S Normandie AveLos Angeles, CA 90020

(213) 389-9964

Siviq Scores

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

Liabilities / Assets

58th percentile

0.16x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

71st percentile

0.34x

Higher debt load relative to revenue than 71% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

9th percentile

-38%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

80th percentile

$132,800

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 20.1% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

9th percentile

-15%

Faster asset growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

10th percentile

-34%

Faster revenue growth than 10% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,361,135

Down $235,355 (-15%) from 2015

Net Assets

Down

$1,138,087

Down $253,514 (-18%) from 2015

Liabilities

Up

$223,048

Up $18,159 (+8.9%) from 2015

Revenue

Down

$662,105

Down $338,090 (-34%) from 2015

Expenses

Up

$911,955

Up $52,614 (+6.1%) from 2015

Net Income

Down

-$249,850

Down $390,704 (-277%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $762,913Liabilities 2010: $4,955Net Assets 2010: $757,9582010Assets 2011: $870,678Liabilities 2011: $4,708Net Assets 2011: $865,9702011Assets 2012: $1,261,122Liabilities 2012: $161,283Net Assets 2012: $1,099,8392012Assets 2013: $1,547,039Liabilities 2013: $195,930Net Assets 2013: $1,351,1092013Assets 2014: $1,467,171Liabilities 2014: $202,561Net Assets 2014: $1,264,6102014Assets 2015: $1,596,490Liabilities 2015: $204,889Net Assets 2015: $1,391,6012015Assets 2016: $1,361,135Liabilities 2016: $223,048Net Assets 2016: $1,138,0872016Assets 2017: $1,396,700Liabilities 2017: $224,263Net Assets 2017: $1,172,4372017Assets 2018: $2,109,824Liabilities 2018: $1,410,176Net Assets 2018: $699,6482018Assets 2019: $1,988,613Liabilities 2019: $1,392,847Net Assets 2019: $595,7662019Assets 2020: $1,416,652Liabilities 2020: $923,989Net Assets 2020: $492,6632020Assets 2021: $1,413,446Liabilities 2021: $948,935Net Assets 2021: $464,5112021Assets 2022: $1,657,270Liabilities 2022: $1,085,402Net Assets 2022: $571,8682022Assets 2023: $1,289,371Liabilities 2023: $1,051,456Net Assets 2023: $237,9152023Assets 2024: $1,278,104Liabilities 2024: $1,426,516Net Assets 2024: -$148,4122024

Highlighted filing

2016

Assets$1,361,135
Liabilities$223,048
Net Assets$1,138,087

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $611,0242010Expenses 2011: $636,1792011Expenses 2012: $914,7082012Revenue 2013: $952,387Expenses 2013: $759,000Net Income 2013: $193,3872013Revenue 2014: $737,883Expenses 2014: $755,535Net Income 2014: -$17,6522014Revenue 2015: $1,000,195Expenses 2015: $859,341Net Income 2015: $140,8542015Revenue 2016: $662,105Expenses 2016: $911,955Net Income 2016: -$249,8502016Revenue 2017: $947,351Expenses 2017: $918,533Net Income 2017: $28,8182017Revenue 2018: $679,261Expenses 2018: $1,131,019Net Income 2018: -$451,7582018Revenue 2019: $1,253,899Expenses 2019: $1,387,192Net Income 2019: -$133,2932019Revenue 2020: $1,353,743Expenses 2020: $1,447,868Net Income 2020: -$94,1252020Revenue 2021: $1,504,267Expenses 2021: $1,528,340Net Income 2021: -$24,0732021Revenue 2022: $1,988,553Expenses 2022: $1,815,437Net Income 2022: $173,1162022Revenue 2023: $1,623,093Expenses 2023: $2,014,684Net Income 2023: -$391,5912023Revenue 2024: $1,934,846Expenses 2024: $2,330,229Net Income 2024: -$395,3832024

Highlighted filing

2016

Revenue$662,105
Expenses$911,955
Net Income-$249,850
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$1,099,356
Mission and Program Overview

Mission

The mission of Peggy Albrecht Friendly House, a Licensed Non- Profit Residential Treatment Program, is to provide adult women eighteen years of age and older who are seeking recovery from alcohol and other substance use disorders with a safe, structured and supportive home-like environment that fosters recovery, personal growth and civic responsibility.

The Organization's mission is to provide adult women who are seeking recovery from alcohol and other substance use disorders with a safe, structured and supportive home-like environment that fosters recovery, personal growth and civic responsibility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$743,348$781,701▲ $38,353
Investments in Publicly Traded Securities$556,156$349,855▼ $206,301
Cash and Non-Interest-Bearing Accounts$194,756$175,396▼ $19,360
Pledges and Grants Receivable$93,560$35,000▼ $58,560
Accounts Receivable-$10,871-
Prepaid Expenses and Deferred Charges$8,670$8,312▼ $358
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,596,490$1,361,135▼ $235,355
Other Assets Total-$0-
Liabilities
Other Liabilities$197,067$208,350▲ $11,283
Accounts Payable and Accrued Expenses$7,822$14,698▲ $6,876
Total Liabilities$204,889$223,048▲ $18,159
Net Assets / Fund Balance
Unrestricted Net Assets$1,227,994$1,051,017▼ $176,977
Temporarily Rstr Net Assets$163,607$87,070▼ $76,537
Total Net Assets Fund Balance$1,391,601$1,138,087▼ $253,514
Total Liabilities and Net Assets / Fund Balance$1,596,490$1,361,135▼ $235,355

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$676,542$61,579$738,121
Other Land Buildings$40,634$25,834$66,468
Equipment$25,946$19,370$45,316
Land$38,579-$38,579

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$163,607$59,500-$59,500$87,070
2015$43,100$280,000-$36,000$163,607
2014$153,362$52,400-$45,762$43,100
2013$304,471$80,000-$150,109$153,362
2012$341,851$65,000-$46,680$304,471
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Margaret AlbrechtExecutive DirecFT$132,800$132,800
Ruth ZakowskiBusiness Mgr.PT$33,000$33,000

Board Members and Trustees

NameTitle
Michael CollumPast President
William Cunningham-CorsoPresident
Babette IsonVice President
Brad GoreskiBoard Member
Julie JaffeBoard Member
Nanea ReevesBoard Member
Alan SchimmelDirector
Candace BlockDirector
David CollinsDirector
Marcia HarrowDirector
MaryAnn MurphyDirector
Michael HollngsworthDirector
Peter WhiteDirector
Rika BroccoliDirector
Sydney HollandDirector
Morgan MallorySecretary
Howard SamuelsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$441,006
Program Service Revenue
$129,670
Investment Income
$15,223
Other Revenue
$76,206
All Other Contributions
$367,756
Change in Net Assets
$-249,850

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$36,000Asc 820
Total Noncash Contributions1$36,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$662,105
Revenue Not Reported on Form 990
$135,810
Total Revenue per Audited Statements
$797,915
Total Revenue per Form 990
$662,105
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$553,915
Other Expenses$358,040
Total Fundraising Expense$1,507
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$314,477$34,942-$349,419
Current Officers, Directors, Trustees, and Key Employees$119,520$13,280-$132,800
Occupancy$86,307$4,542-$90,849
Insurance$48,507$10,113-$58,620
All Other Expenses$36,543$15,091$1,507$53,141
Fees for Services Accounting-$45,026-$45,026
Payroll Taxes$35,863$3,985-$39,848
Depreciation Depletion$30,276$1,594-$31,870
Other Employee Benefits$28,663$3,185-$31,848
Other Expenses$10,711$12,651-$10,711
Office Expenses-$6,881-$6,881
Fees for Service Investment Mgmnt Fees-$2,549-$2,549
Fees for Services Other$1,249$139-$1,388
Advertising-$1,059-$1,059
Total Functional Expenses$755,411$155,037$1,507$911,955

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,051,429
Expenses per Audited Statements$911,955
Total Expenses per Form 990$911,955
Expenses Not Reported on Form 990$139,474
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$215,680
Fundraising Direct Expenses$139,474
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Awards Luncheon$288,930$215,680$85,894$129,786
Total Events$288,930$215,680$139,474$76,206
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Compensation Reserve$207,350
Resident Security Deposits$1,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Board of Directors authorizes the Audit and Finance Committee to review Form 990 prior to filing. The Committees Members review Form 990 and give a report to the Executive Committee about any finding and recommendations.The Executive Committee approves the submission of the Form 990. A copy of Form 990 is made available for review by Board Members

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Annual reviews of salaries and bonuses

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Annual reviews of salaries and bonuses

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Articles of Incorporation, By-laws, Tax-Exempt Approval Letter are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Friendly Hand Foundation
EIN
95-1870626
Phone
2133899964
Address
347 S Normandie Ave, Los Angeles, CA 90020

Signing Officer

Name
William Cunningham-Corso
Title
President
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Cunningham-Corso
Formed
1950
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
13
Volunteers
20

Preparer

Firm
Ruth Zakowski CPA
Address
20001 Canyon Drive, Yorba Linda, CA 92886-6059
Preparer
Ruth Zakowski CPA
Phone
7147779454
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Scholarship and Program Development Funds

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Special events expenditures $139474 Investment mgmt fee $0

Part XII, Line 2D: Other expenses and losses per audited F/S

Special events expenditure $139474 Investment mgmt fee $0

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IRS990/Form990PartVIISectionAGrp/PersonNm3Babette Ison
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IRS990/Form990PartVIISectionAGrp/PersonNm5Marcia Harrow
IRS990/Form990PartVIISectionAGrp/PersonNm6Alan Schimmel
IRS990/Form990PartVIISectionAGrp/PersonNm7David Collins
IRS990/Form990PartVIISectionAGrp/PersonNm8Howard Samuels
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IRS990/Form990PartVIISectionAGrp/PersonNm10Morgan Mallory
IRS990/Form990PartVIISectionAGrp/PersonNm11Peter White
IRS990/Form990PartVIISectionAGrp/PersonNm12MaryAnn Murphy
IRS990/Form990PartVIISectionAGrp/PersonNm13Ruth Zakowski
IRS990/Form990PartVIISectionAGrp/PersonNm14Margaret Albrecht
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IRS990/Form990PartVIISectionAGrp/PersonNm16Michael Hollngsworth
IRS990/Form990PartVIISectionAGrp/PersonNm17Brad Goreski
IRS990/Form990PartVIISectionAGrp/PersonNm18Julie Jaffe
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Business Mgr.
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IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
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IRS990/MissionDesc0The mission of Peggy Albrecht Friendly House, a Licensed Non- Profit Residential Treatment Program, is to provide adult women eighteen years of age and older who are seeking recovery from alcohol and other substance use disorders with a safe, structured and supportive home-like environment that fosters recovery, personal growth and civic responsibility.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.28$1.43$0.15$1.93$2.33$0.40
2023Detailed filing. Detailed filing data is available for this year.$1.29$1.05$0.24$1.62$2.01$0.39
2022Detailed filing. Detailed filing data is available for this year.$1.66$1.09$0.57$1.99$1.82$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.41$0.95$0.46$1.50$1.53$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.42$0.92$0.49$1.35$1.45$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.99$1.39$0.60$1.25$1.39$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.11$1.41$0.70$0.68$1.13$0.45
2017Detailed filing. Detailed filing data is available for this year.$1.40$0.22$1.17$0.95$0.92$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.36$0.22$1.14$0.66$0.91$0.25
2015Detailed filing. Detailed filing data is available for this year.$1.60$0.20$1.39$1.00$0.86$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.47$0.20$1.26$0.74$0.76$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.55$0.20$1.35$0.95$0.76$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.16$1.10$0.91
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$0.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$0.61