NonprofitsFamous Friends Inc

Housing & Shelter

Famous Friends Inc

LEXINGTON, MA

Total revenue

$46K

Total expenses

$33K

Net assets

$46K

Grants received

$27K

2 grants

EIN

884408540

Tax year

2024

Mission

OUR MISSION Everyone in town knows the teacher who inspires us, the nurse who cares for us, the police officer who makes us feel safe. They are the foundation of a vibrant community and to us, they are famous. There's just one problem though: these famous friends aren't guaranteed to stick around forever. Many are renters that lack the savings to purchase a home in town and plant roots. At Famous Friends it is our mission to remove this obstacle to homeownership by providing down payment grants to first-time homebuyers who serve in rural and urban communities that need them the most.

Financials

FY 2024

Revenue

Contributions & grants$46K
Program service revenue
Investment income
Other revenue
Total revenue$46K

Expenses

Grants paid$33K
Salaries & benefits
Fundraising
Other expenses$165
Total expenses$33K
Total assets$46K
Net assets$46K

People

3 listed

NameRoleCompensation

Alexander Payne

President and CEO

Board

2 hrs/wk

Mary Payne

Treasurer

Board

1 hrs/wk

Phil Kuntz

Secretary

Board

0

Grants received

Showing 2 of 2

FromAmountPurposeYear

Funded by

$27K from 1 funder · 2 grants · 2023–2024

American Online Giving Foundation Inc

$27K · 2 grants · 2023–2024

Details

EIN884408540
NTEE codeL12
Subsection03
Ruling date2023-01
FAMOUS FRIENDS INC — Mission, Financials & Grants Received | Grantivo