Friendship Center Inc

What it reported doing in 2024

The friendship center is an intergenerational child care facility that incorporates senior citizens from heath village, an adjacent retirement community, into its child care programs. Senior volunteers assist the center's professional staff by teaching foreign languages, conducting nature walks, providing musical accompaniment, reading stories, and supervising craft and woodworking projects. Children also interact with seniors through a pen pal program, at special events and at holiday celebrations. Other programs and activities include art, computers, dance, science/nature, soccer, swim lessons, and more. The facility also utilizes an interactive white board which incorporates technology into the lesson plans. The programs are developmentally age appropriate and are designed to foster self-confidence, improve competence in self-help skills, and develop those language abilities and inner controls necessary for effective social interaction. The facility stresses the process of learning and discovery to prepare the child for the many and varied learning situations he or she will encounter throughout life, attaching equal importance to emotional, physical, social and intellectual development. During the fiscal year ending june 30, 2025, the facility served 75 students throughout the school year, of which 27 students participated in swim lessons during the summer session. There were 14 seniors who participated in the pen pal program, in which students and their senior pen pals exchanged cards, pictures and crafts throughout the year. One senior volunteer taught german songs to the students which were performed during the winter holiday show and at graduation. Another volunteer provided a weekly math program that included math games and lessons for the pre-kindergarten classes.the students also visited the heath village library on a weekly basis where a volunteer read to them, and another assisted them with checking out a book.

Financial Efficiency

• Mission deployment rate: 84.7%; rating input score 85
• Program expense ratio: 77.8%; rating input score 78
• Fundraising efficiency: $0.13 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 3 of 8 controls in place; rating input score 38
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -11.3%; rating input score 16; 16th percentile among comparable filings
• Total-asset coverage ratio: 1; rating input score 43; 43rd percentile among comparable filings
• Liabilities to assets ratio: 0.46; rating input score 17; 17th percentile among comparable filings
• Officer compensation ratio: 13.8%; rating input score 26; 26th percentile among comparable filings

Growth

• Program expense growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
• Revenue growth: 2.8% per year; rating input score 100; 30th percentile among comparable filings
• Asset growth: 1.2% per year; rating input score 100; 22nd percentile among comparable filings