SENIOR FRIENDSHIP CENTERS FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

SENIOR FRIENDSHIP CENTERS FOUNDATION INC

EIN 65-0364819 · Senior Centers (P81)

What they do

to EDUCATE THE COMMUNITY of SOUTHWEST FLORIDA ABOUT THE SENIOR FRIENDSHIP CENTERS and SERVICES AVAILABLE to SENIOR ADULTS. THE GOAL is to GROW THE FOUNDATION FUNDS to PROVIDE A PERMANENT SOURCE of FUNDS for SENIOR FRIENDSHIP CENTER PROGRAMS WHICH ASSIST OLDER ADULTS. INCOME GENERATED BY THE FOUNDATION WILL SUPPLEMENT THE PROGRAMS of THE FRIENDSHIP CENTERS and ITS FINANCIAL DEVELOPMENT EFFORTS. IN DOING SO, THE FOUNDATION WILL CONTINUE to LEAD IN THE MISSION of THE ORGANIZATION to PROMOTE HEALTHY, DIGNITY and QUALITY of LIFE THROUGHOUT THE JOURNEY of AGING. ADDITIONALLY, THE FOUNDATION SUPPORTS THE ORGANIZATIONAL VISION to LEAD THE WAY IN DELIVERY of COMPREHENSIVE SERVICES THAT ENRICH LIVES of OLDER ADULTS and THEIR FAMILIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $46.90 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 leaders21 people are listed in the latest report.

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

Money made simple

19.19%of revenue went to mission work46.9% of expenses · Program services

4.49%of revenue went to fundraising11.0% of expenses

$40.91spent for every $100 of revenueRevenue covered expenses this year.

17.23%of revenue went to management and office costs42.1% of expenses

$20.66in assets for every $1 spent this yearSome assets cannot be spent right away.

58.5%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 $134,570 for ERIN MCLEOD (PRESIDENT/CEO). 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$1,323,130

Mission workProgram services$253,93719.19% of revenue46.9% of expenses

ManagementOffice and general costs$228,02017.23% of revenue42.1% of expenses

FundraisingAsking for donations$59,3454.49% of revenue11.0% of expenses

Revenue left after expensesReported annual surplus$781,82859.09% of revenueShown in gray on the chart

Total expenses$541,30240.91% 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: 46.9% mission · 42.1% management · 11.0% fundraisingTotal expenses: 40.91% of revenue

2023Expense mix: 61.3% mission · 9.8% management · 28.8% fundraisingTotal expenses: 13.04% of revenue

2022Expense mix: 79.9% mission · 20.1% management · 0.0% fundraisingTotal expenses: 9.33% of revenue

2021Expense mix: 44.3% mission · 0.0% management · 55.7% fundraisingTotal expenses: 20.76% of revenue

2020Expense mix: 47.0% mission · 0.0% management · 53.0% fundraisingTotal expenses: 162.05% of revenue

2019Expense mix: 75.5% mission · 0.0% management · 24.5% fundraisingTotal expenses: 65.25% of revenue

2018Expense mix: 89.8% mission · 0.0% management · 10.2% fundraisingTotal expenses: 338.68% of revenue

2017Expense mix: 90.4% mission · 0.0% management · 9.6% fundraisingTotal expenses: 217.50% of revenue

Money in and money out

Revenue$1,323,130

Expenses$541,302

Annual surplus $781,828 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)$253,937 · 46.9% of expenses

Management and office costs$228,020 · 42.1% of expenses

Fundraising$59,345 · 11.0% of expenses

See all reported dollar amounts

Revenue$1,323,130

Expenses$541,302

Assets$11,181,537

Income$3,485,108

Contributions$773,401

Mission work (program services)$253,937

Fundraising$59,345

Grants given$2,072,413

Average grant$159,416

Management and general$228,020

Stocks and bonds$10,679,376

Accounting fees$3,308

Investing fees$34,619

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

ERIN MCLEODPRESIDENT/CEO · 22 hrs/week $134,570Base $99,224 · Other $35,346

DECLAN SHEEHYCHIEF ADVANCEMENT OFFICER · 1 hrs/week $30,243Base · Other $30,243

DAVID BLEHARCFO/COO · 1 hrs/week $22,964Base · Other $22,964

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 (21)

ERIN MCLEODPRESIDENT/CEO

DECLAN SHEEHYCHIEF ADVANCEMENT OFFICER

DAVID BLEHARCFO/COO

JENNIFER STUTLERDIRECTOR

THOMAS FELKEDIRECTOR

ROBI LEACHDIRECTOR

PHILIP DEMINGDIRECTOR

PAM BARON MAHONEYVICE-CHAIR NORTH

MICHAEL JUCEAMCHAIR

LAURA MAGNUSSONSECRETARY

KEVIN MAISCHDIRECTOR

KATHY SILVERBERGVICE-CHAIR SOUTH

KATHY MASONDIRECTOR

JIM MEISTERDIRECTOR

CAROL BUTERADIRECTOR

JENNIFER NIEDZINSKITREASURER

JACK SCHLEGELDIRECTOR

HANNAH BARKERDIRECTOR (STUDENT) (AS OF 7/24)

GEORGE HOFMANNDIRECTOR

DARWIN TEPEDIRECTOR (THRU 6/24)

COLLEEN REYNOLDSDIRECTOR

About this charity

Recognized since: January 1993
Location: 1888 BROTHER GEENEN WAY, SARASOTA, FL 34236-7118
County: Sarasota
In care of: ERIN MCLEOD
Primary officer: ERIN MCLEOD, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Phone(941) 952-0911

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Senior Centers (P81)
IRS tax category: Senior Centers
Grant-giving organization: Yes