Better than 41% of senior nonprofits in Massachusetts
Annual revenue
$41K
2023 Form 990
Total assets
$25K
✓ 990 filings available✓ Tax-deductible✓ Est. 2011
About AI summarized
Senior Center Friends Of Stoneham Inc supports the local senior center to enhance programs and services for older adults. They aim to enrich the lives of seniors in Stoneham, MA by providing resources and activities.
Funding for senior center programsOrganizing social events for seniorsSupporting wellness initiativesFacilitating educational workshopsProviding volunteer opportunities
Revenue trend IRS Form 990
2023
$41K
2022
$33K
2021
$18K
2020
$17K
2019
$41K
2018
$25K
2017
$27K
With $41K in revenue and $25K in assets, the organization demonstrates good financial efficiency, performing better than 41% of its peers.
Frequently asked questions FAQ Schema
Is Senior Center Friends Of Stoneham Inc a legitimate nonprofit?▲
Yes, Senior Center Friends Of Stoneham Inc is a legitimate 501(c)(3) public charity, recognized by the IRS as a tax-exempt nonprofit organization. This status confirms its dedication to public service and allows for tax-deductible donations.
What services does Senior Center Friends Of Stoneham Inc provide to seniors?▼
Senior Center Friends Of Stoneham Inc primarily supports the Stoneham Senior Center by fundraising for programs, activities, and resources that enhance the lives of local seniors. They help provide social, educational, and recreational opportunities for the senior community.
How financially stable is Senior Center Friends Of Stoneham Inc?▼
With a reported revenue of $41,000, Senior Center Friends Of Stoneham Inc operates on a modest budget. Its efficiency score of 63/100 suggests moderate financial management, indicating there may be opportunities to optimize resource utilization.