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Activities Report for November 2008 - ANNUAL ACTIVITIES REPORT, page 1

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Activities Report for November 2008 - ANNUAL ACTIVITIES REPORT, page 2

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Corporate  Information 

MISSION STATEMENT: Friend Ships Unlimited (AKA Park West Children’s Fund, Inc.) is dedicated to fulfilling the Biblical scriptures that teach us to help people in times of need and to encourage others to do likewise.  The organization works through the collection, delivery and distribution of food, medical supplies, clothing, and building materials and by providing medical services and trade school education. We provide aid to people of all races, nationalities, and religion.  Programs give help to children, families and individuals who are impoverished, refugees and/or victims of natural disaster and to the institutions who assist them.  Friend Ships operates with all full time and part time unpaid volunteers, working within the US and in many areas around the world.

 

BOARD OF DIRECTORS:

Donald Tipton, Executive Director, Secretary

Sandra Tipton, Director, President

Raymond George, Director, Treasurer

 

FINANCIAL SUMMARY FOR FISCAL YEAR ENDING FEBRUARY 2008

Income-

 

Cash Donations 

$ 928,664

Non-Cash Donations

$ 2,119,713

Other Revenue

$ 143,250

Total Income

$ 3,191,627

Expenses-

 

Domestic Program

$ 427,900

International Program

$ 1,362,077

Management & General

$ 75,779

Fundraising

$ 7,800

Total Expenses

$ 1,873,556

Compensation of 5 Highest Paid Employees:

NONE

Compensation of 5 Highest Paid Independent Contractors for Professional Services:

NONE

Balance Sheet  Feb 28, 2006

Assets-

Cash & Equivalent

$ 204,771

Inventories for Sale or Use

$ 1,342,900

Other Assets

$ 5,534,715

Total Assets

$ 7,082,386

Liabilities-

Loans and Notes

$ 449,097

Fund Balance

$ 6,633,289
   

If you would like further information you can visit the GuideStar website and review the Form 990 and other information about Park West Children's Fund, Inc. (a.k.a. Friend Ships Unlimited).

 

Park West Children's Fund, Inc.

Click on the GuideStar button to go directly to our profile reports from our IRS Form 990.

 

CHARITABLE GIFT OPPORTUNITIES:  If you would like to donate to Friend Ships and have questions about estate planning, residual interest of a charitable remainder trust, death proceeds or cash value life insurance, gift annuities, proceeds received at maturity of a bond or retirement funds designated for Friend Ships, we now work with a financial planner who can advise you concerning these issues. Please email, call or write to us at our Port Mercy office for more information.

 

Friend Ships Unlimited, PORT MERCY   1019 North First Avenue, Lake Charles, LA  70601 USA

E-mail: info@friendships.org, Tel: (337) 433-5022, Fax: (337) 433-3433

 

Previous Annual Activities Report 2005

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Previous Annual Activities Report 2002

Previous Annual Activities Report 2001

 

Updated January 2009

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