FRIENDS OF KAREN INC Charity Report

Public IRS 990 nonprofit record

FRIENDS OF KAREN INC

EIN 14-1612290 · Health Care (E800)

What they do

PROVIDES EMOTIONAL, FINANCIAL and ADVOCACY SUPPORT for CHILDREN WITH LIFE-THREATENING ILLNESSES and THEIR FAMILIES, IN ORDER to HELP KEEP THEM STABLE, FUNCTIONING, and ABLE to COPE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

72.21%of revenue went to mission work74.9% of expenses · Program services

13.52%of revenue went to fundraising14.0% of expenses

$96.45spent for every $100 of revenueRevenue covered expenses this year.

10.72%of revenue went to management and office costs11.1% of expenses

$1.31in assets for every $1 spent this yearSome assets cannot be spent right away.

95.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $203,739 for JUDITH FACTOR (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,597,407

Mission workProgram services$3,319,91472.21% of revenue74.9% of expenses

ManagementOffice and general costs$492,93010.72% of revenue11.1% of expenses

FundraisingAsking for donations$621,52613.52% of revenue14.0% of expenses

Revenue left after expensesReported annual surplus$163,0373.55% of revenueShown in gray on the chart

Total expenses$4,434,37096.45% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 74.9% mission · 11.1% management · 14.0% fundraisingTotal expenses: 96.45% of revenue

2023Expense mix: 76.2% mission · 11.1% management · 12.7% fundraisingTotal expenses: 121.42% of revenue

2022Expense mix: 78.4% mission · 9.8% management · 11.7% fundraisingTotal expenses: 99.16% of revenue

2021Expense mix: 78.7% mission · 9.2% management · 12.2% fundraisingTotal expenses: 87.45% of revenue

2020Expense mix: 78.8% mission · 9.1% management · 12.2% fundraisingTotal expenses: 98.80% of revenue

2019Expense mix: 77.5% mission · 8.6% management · 13.9% fundraisingTotal expenses: 109.46% of revenue

2018Expense mix: 77.4% mission · 8.4% management · 14.3% fundraisingTotal expenses: 110.53% of revenue

2017Expense mix: 78.1% mission · 8.4% management · 13.4% fundraisingTotal expenses: 104.22% of revenue

Money in and money out

Revenue$4,597,407

Expenses$4,434,370

Annual surplus $163,037 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,319,914 · 74.9% of expenses

Management and office costs$492,930 · 11.1% of expenses

Fundraising$621,526 · 14.0% of expenses

See all reported dollar amounts

Revenue$4,597,407

Expenses$4,434,370

Assets$5,808,249

Income$5,205,844

Contributions$4,394,014

Mission work (program services)$3,319,914

Fundraising$621,526

Management and general$492,930

Executive compensation (total)$309,350

Stocks and bonds$5,039,720

Investing fees$17,549

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JUDITH FACTOREXECUTIVE DIRECTOR · 40 hrs/week $203,739Base $203,300 · Other $439

LESLIE BELLISSIMOREGIONAL DIRECTOR, LI, METRO NYC · 40 hrs/week $136,060Base $135,621 · Other $439

THERESA SORRENTINODIRECTOR, FINANCE & ADM · 40 hrs/week $133,257Base $121,211 · Other $12,046

RHONDA RYANDIRECTOR , FAMILY SUPPORT · 40 hrs/week $132,506Base $132,067 · Other $439

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

JUDITH FACTOREXECUTIVE DIRECTOR

LESLIE BELLISSIMOREGIONAL DIRECTOR, LI, METRO NYC

THERESA SORRENTINODIRECTOR, FINANCE & ADM

RHONDA RYANDIRECTOR , FAMILY SUPPORT

MICHAEL ROBERTSBOARD MEMBER

THOMAS JOCELYNTREASURER

STEVEN CONNOLLYBOARD MEMBER

SARAH NORRISBOARD MEMBER

RICHARD SGAGLIOPRESIDENT

PAUL SMADBECKBOARD MEMBER

PAMELA HERVEYSECRETARY

OLUYEMISI OLUWOLEBOARD MEMBER

NITIN VERMABOARD MEMBER (START 4/24)

CHRISTOPHER NAYBOARD MEMBER (START 4/24)

MICHAEL NIEVESBOARD MEMBER

LOUIS MELTZERBOARD MEMBER

LAURA SALERNO-EVANSVICE PRESIDENT

JONATHAN MALAWERBOARD MEMBER (LOA 9/24-7/25)

GINA LODOLINIBOARD MEMBER

GAUTHAM BALIGABOARD MEMBER (LOA 9/24-3/25)

FRANCISCO BARRENECHEABOARD MEMBER

EVAN SCHREIBERBOARD MEMBER

About this charity

Recognized since: January 1983
Location: 118 TITICUS RD, NORTH SALEM, NY 10560-2700
County: Westchester
In care of: % THERESA SORRENTINO
Primary officer: JUDITH FACTOR, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailjonathanlewis@friendsofkaren.org Phone(914) 277-4547

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: GRASSI & CO CPAS PC
NTEE classification: Health Care (E800)
IRS tax category: Direct Health and Medical Insurance Carriers