FAR AWAY FRIENDS INC

EIN: 464917506 501(c)(3) Community Improvement

Denver, CO

Total Revenue
$314,306
Total Expenses
$347,540
Total Assets
$12,325
Net Assets
$12,325
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CO
Phone
7202406199
Tax Period
2024-01-01 to 2024-12-31

FAR AWAY FRIENDS INC, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $314K in total revenue in fiscal year 2024. Expenses of $348K exceeded revenue, resulting in a 11% operating deficit.

Mission

FAR AWAY FRIENDS EXIST TO TRANSFORM ACCESS TO EQUITABLE EDUCATION IN RURAL UGANDA. OUR VISITION IS TO PROVIDE YOUTH WITH THE TOOLS TO TRANSFORM THEIR COMMUNITIES AND END CYCLES OF EDUCATIONAL POVERTY.

Program Service Accomplishments

Program 1
Expenses: $200,088

Far Away Friends provides operational support for Global Leaders Primary School, a model rural school and teacher training hub located in Namasale, Uganda. The school educates over 500 students...

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Far Away Friends provides operational support for Global Leaders Primary School, a model rural school and teacher training hub located in Namasale, Uganda. The school educates over 500 students annually and offers daily meals, classroom instruction, and safe housing for both students and teachers. Global Leaders Primary School is providing gainful employment to over 35 local staff. In addition to classroom learning, the school runs Skills for Life leadership and mentorship workshops and Girls Empowerment programs The school also serves as a demonstration site for our teacher training initiative, preparing and upskilling local educators through our Sister Schools Network.

Program 2
Expenses: $50,392

Far Away Friends supports the operations of a registered Community-Based Organization (CBO) in Uganda led by local leadership. This support ensures fair wages for all in-country staff and provides...

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Far Away Friends supports the operations of a registered Community-Based Organization (CBO) in Uganda led by local leadership. This support ensures fair wages for all in-country staff and provides the infrastructure needed to carry out core programs on the ground. FAF-USA provides grants and operational funding to empower this team to lead sustainable education programs rooted in community needs.

Program 3
Expenses: $30,842

The Schools for Schools Program builds cross-cultural partnerships between students in the U.S. and Uganda, fostering global citizenship and raising awareness about education equity. In Uganda, this...

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The Schools for Schools Program builds cross-cultural partnerships between students in the U.S. and Uganda, fostering global citizenship and raising awareness about education equity. In Uganda, this program enhances local government schools through WASH (water, sanitation, and hygiene) improvements, capacity building for teachers, and infrastructure support. U.S.-based students engage through pen-pal exchanges, club fundraising, and global development workshops.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $314,306
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $314,306

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,133
Fundraising Expenses $30,883
Program Expenses $281,322
Other Expenses $321,407
TOTAL EXPENSES $347,540

Year-over-Year Comparison

2024 2023 Change
Revenue $314,306 $326,470 0.0%
Expenses $347,540 $648,462 -0.5%
Net Income $-33,234 $-321,992 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
2
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$40,385
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAYME WARD CO-FOUNDER & BOARD CHAIR 50.00
Officer
$40,385 $0 $40,385
CAMELA GIRAUD BOARD MEMBER 10.00
Director
$0 $0 $0
CONNOR ROCK BOARD MEMBER 5.00
Director
$0 $0 $0
MAX FOLARON BOARD MEMBER 5.00
Director
$0 $0 $0
SEAN KORBITZ BOARD MEMBER 5.00
Director
$0 $0 $0
EMUL RITAH OMIA N/A 5.00
Director
$0 $0 $0
DENNIS OCONNOR BOARD CHAIR 25.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $314,306 $347,540 $12,325 $-33,234
2023 $326,470 $339,343 $45,807 $-12,873
2022 $378,157 $369,407 $58,682 $8,750
2021 $329,843 $334,908 $49,932 $-5,065
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