Friendly Harbor EIN 84-1349692

Friendly Harbor FY2022 filing

EIN  84-1349692 Public charity (501(c)(3)) Pueblo, CO Founded 1996
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers peer support groups for individuals recovering from mental health challenges.
Leadership
Michelle Hill · Executive Di · $53K
Money in and out
$533K revenue, $370K expenses
Bottom line
100% program efficiency

Offers peer support groups for individuals recovering from mental health challenges. For fiscal year 2022 it reported $533K in revenue, $370K in expenses, and $382K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$533K
Pt VIII · Ln 12
Total expenses
$370K
Pt IX · Ln 25
Net assets
$382K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $163K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
7.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+31%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$533K
FY2022▲ +56%
Expenses
$370K
FY2022▲ +2%
Total assets
$420K
FY2022▲ +33%
Total liabilities
$38K
FY2022▼ -60%
Total revenue
$533K
Pt VIII · Ln 12
Total expenses
$370K
Pt IX · Ln 25
Net assets
$382K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$163K
Total assetsPt X · Ln 16$420K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $370K of program spending, described in the organization's own filed words · FY2022.
01

Peer support groups for individual with mental health recovery issues

$370Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFriendly Harbor
EINHdr · item D84-1349692
Principal addressHdr · item CPueblo, CO
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1996
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFDec 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
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
Executive Di
$53,150Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Michelle Hill’s $84K as Executive Di is at the 76th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Michelle Hill$84,312$71,937$57,250$53,150$50,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$533K
Investment income$36
— government grantsLn 1e$310K
Total revenueLn 12$533K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$370K
Total functional expensesLn 25$370K

Balance Sheet

Part X · end of year
CashLn 1$243K
Total assetsLn 16$420K
Total liabilitiesLn 26$38K
Total net assetsLn 32$382K
Months of cash on handcomputed7.9

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $243K · Operating expenses/yr $370K
7.9 months
Where the money goes
Program services
Program services $370K · Total expenses $370K
100%
Management & General
Management & general $0 · Total expenses $370K
0%
Fundraising
Fundraising $0 · Total expenses $370K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $178K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $533K · Total revenue $533K
100%
Government reliance
Government grants $310K · Total revenue $533K
58%
Earned-income share
Program service revenue $0 · Total revenue $533K
0%
Investment reliance
Investment income $36 · Total revenue $533K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $370K
0%
Growth & trend
Revenue growth (YoY)
This year $533K · Prior year $342K
+56%
Net-asset trend (YoY)
End of year $382K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $533K · Expenses $370K
+31%
Liabilities-to-Assets
Total liabilities — · Total assets $420K
Net-asset ratio
Net assets $382K · Total assets $420K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $420K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michelle Hill · Reported title EXECUTIVE DI · Highest reported compensation $53K · Total expenses $370K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $292K · Total expenses $370K
79%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 56%
Accounting fee ratio 1%

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 · FY2025
Total grants receivedfrom 1 funder$14K

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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
FY2025 (Latest)$248K revenue · ⤓ 990 PDF
FY2024$668K revenue · ⤓ 990 PDF
FY2023$493K revenue · ⤓ 990 PDF
FY2022$533K revenue · viewing · ⤓ 990 PDF
FY2021$342K revenue · ⤓ 990 PDF
FY2020$310K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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