Nonprofits›Friendship Education Foundation

Human Services

Friendship Education Foundation

WASHINGTON, DC

Website

Total revenue

$3.8M

Total expenses

$4.0M

Net assets

$141K

Grants received

$4.4M

11 grants

EIN

464655147

Tax year

2022

Mission

Friendship education foundation takes a whole-child approach to education. Teachers, administrators, counselors, and support staff work together to meet the intellectual, social, behavioral, and emotional needs of each and every child served. The aim is to ensure that students are prepared for success in college and in life.

Financials

FY 2022

Revenue

Contributions & grants$1.2M
Program service revenue$2.5M
Investment income$232
Other revenue—
Total revenue$3.8M

Expenses

Grants paid—
Salaries & benefits$962K
Fundraising$24K
Other expenses$3.0M
Total expenses$4.0M
Total assets$20.4M
Net assets$141K

People

7 listed

NameRoleCompensation

JOE H HARRIS III

CEO

Board

$213K

40 hrs/wk

DONALD L HENSE

CHAIRMAN

Board

$67K

4 hrs/wk

GILBERT E DELORME

TRUSTEE

Board

—

1 hrs/wk

KENNETH CAMPBELL

TRUSTEE

Board

—

1 hrs/wk

DARRIN GLYMPH

TRUSTEE

Board

—

1 hrs/wk

PHONG TRAN

COO

Staff

$183K

40 hrs/wk

RAYMOND IVEY

DIRECTOR OF PROGRAMMING

Staff

$129K

40 hrs/wk

Independent contractors

HART CONSTRUCTION LLC

CONSTRUCTION

$6.8M

NELSON ARCHITECTURAL GROUP INC

ARCHITECTURAL SERVICES

$105K

SHAPIRO LINN STRATEGIC CONSULTING

ADVOCACY CONSULTING

$102K

Grants received

Showing 11 of 11

FromAmountPurposeYear
Walton Family Foundation Inc
$625K
To provide financial assistance for the planning, program design, and initial implementation of the Friendship Aspire Academy North Little Rock campus.
2023
Walton Family Foundation Inc
$500K
to provide financial assistance for the planning, program design, and initial implementation of the Friendship Aspire Academy Downtown Pine Bluff campus.
2023
Walton Family Foundation Inc
$450K
to support the expansion for the Hannah School located in Maumelle, AR.
2023
Walton Family Foundation Inc
$500K
To support the full request, as described in the expansion application dated March 25, 2022, for a public charter school located in Pine Bluff, Arkansas. This school will launch in August 2022, and is projected to serve 400 students at full-scale.
2022
Walton Family Foundation Inc
$450K
To support the full request, as described in the expansion application dated September 6, 2022, for a the Hannah School located in Maumelle, AR. This school is now under the management of the Grantee, and is projected to serve 160 students at full-scale.
2022
John Gogian Family Foundation
$200K
Annual Grant for Capital Campaign
2022
Vanderbilt University
$25K
Contribution
2022
Walton Family Foundation Inc
$1.1M
Charter Expansion Grants
2020
Walton Family Foundation Inc
$300K
Friendship Institute for Educator Development
2020
SAN ANTONIO AREA FOUNDATION GROUP RETURN
$109K
GENERAL OPERATING EXPENSES
2020
Walton Family Foundation Inc
$100K
Support the transition of services of Southeast Arkansas Preparatory High School
2020

Funded by

$4.4M from 4 funders · 11 grants · 2020–2023

Walton Family Foundation Inc

$4.1M · 8 grants · 2020–2023

John Gogian Family Foundation

$200K · 1 grant · 2022

Vanderbilt University

$25K · 1 grant · 2022

Details

EIN464655147
NTEE codeP20
Subsection03
Ruling date2016-07
Formed2014
Employees7
Volunteers0
FRIENDSHIP EDUCATION FOUNDATION — Mission, Financials & Grants Received | Grantivo