Frieda Community EIN 30-1253565

Frieda Community FY2023 filing

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Fosters genuine connections across generations and diverse backgrounds. For fiscal year 2023 it reported $205K in revenue, $129K in expenses, and $90K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Philadelphia, PA
Filings
4 on file (2021–2023)
Revenue
$205KFY2023
Expenses
$129K
Net assets
$90K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  30-1253565 Public charity (501(c)(3)) Philadelphia, PA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Fosters genuine connections across generations and diverse backgrounds.
Leadership
Anne Marie Bazzani · Treasurer
Money in and out
$205K revenue, $129K expenses
Bottom line
54% program efficiency
Where the money goes · FY2023
Total revenue
$205K
Pt VIII · Ln 12
Total expenses
$129K
Pt IX · Ln 25
Net assets
$90K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $76K
Where spending went · Part IX cols B–D
Program services $0.54 Management & general $0.46
Program efficiency
54%
of spending reaches programs
Operating runway
1.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+37%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$205K
FY2023▲ +140%
Expenses
$129K
FY2023
Total assets
$92K
FY2023
Total liabilities
$2K
FY2023
Total revenue
$205K
Pt VIII · Ln 12
Total expenses
$129K
Pt IX · Ln 25
Net assets
$90K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$76K
Total assetsPt X · Ln 16$92K
Program-expense ratioPt IX · col B54%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $70K of program spending, described in the organization's own filed words · FY2023.
01

Frieda community is now in charge of curating our program of enriching workshops and classes, exhibitions and happenings centered in the arts, culture, and entertainment. We travel to many shows and performances to connect with eachother through shared experiences.

$47Kprogram expense
02

At frieda, we have one driving goal which is to create genuine connections between people of all generations and all social, cultural, and ethnic backgrounds. For many years, frieda has created a safe and inclusive space for people to interact and has nourished people beyond delicious food.

$22Kprogram expense
03

Whether you're looking for a poetry group or a place to practice conversational french, we have something enriching to offer: an opportunity for you to learn and discover, and a platform for you to share your skills, knowledge, and experience. We have guest speakers that creates converstaion between the old and the young.

$450program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFrieda Community
EINHdr · item D30-1253565
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P81)
Ruling yearIRS BMFMay 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$205K
Total revenueLn 12$205K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.54 Management & general $0.46
Program services54%$70K
Management & general46%$59K
Total functional expensesLn 25$129K

Balance Sheet

Part X · end of year
CashLn 1$17K
Total assetsLn 16$92K
Total liabilitiesLn 26$2K
Total net assetsLn 32$90K
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $17K · Operating expenses/yr $129K
1.6 months
Where the money goes
Program services
Program services $70K · Total expenses $129K
54%
Management & General
Management & general $59K · Total expenses $129K
46%
Fundraising
Fundraising $0 · Total expenses $129K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $205K
0%
Government reliance
Government grants — · Total revenue $205K
Earned-income share
Program service revenue $205K · Total revenue $205K
100%
Investment reliance
Investment income $0 · Total revenue $205K
0%
Program self-sufficiency
Program service revenue $205K · Total expenses $129K
159%
Growth & trend
Revenue growth (YoY)
This year $205K · Prior year $85K
+140%
Net-asset trend (YoY)
End of year $90K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $205K · Expenses $129K
+37%
Liabilities-to-Assets
Total liabilities — · Total assets $92K
Net-asset ratio
Net assets $90K · Total assets $92K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $92K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Anne Marie Bazzani · Reported title TREASURER · Highest reported compensation $0 · Total expenses $129K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $129K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 54%
Overhead ratio 46%
Revenue growth 140%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$236K revenue · ⤓ 990 PDF
FY2023$205K revenue · viewing · ⤓ 990 PDF
FY2022$85K revenue · ⤓ 990 PDF
FY2021$23K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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