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Friends Of Scrap Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 942566798 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Scrap Inc?

Friends of Scrap Inc, a nonprofit organization located in San Francisco, California, promotes creativity and environmental awareness by encouraging the reuse of materials typically considered waste. They collect donated usable items from businesses, industry, and families in the Bay Area, showcasing and selling them at their public Depot in San Francisco's Bayview neighborhood. In 2022, they conducted six free teacher workshops, providing each attending teacher with a $25 gift certificate. Their mission extends to supporting teachers and students by offering affordable or free supplies, diverting approximately 200 tons of materials from landfills annually, and providing materials to artists at low cost. Additionally, they create jobs within their organization, contributing positively to the community.


Official website here: www.scrap-sf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Friends Of Scrap Inc has achieved a Three-Star rating on Charity Navigator, reflecting a solid performance in Accountability & Finance. This score indicates that the organization maintains high standards in how it manages its financial resources and adheres to transparency practices. The high score in this category suggests that supporters can have confidence in the charity's operations and financial integrity.

Key strengths lie in the organization’s governance, as it boasts a fully independent board with all members meeting the criteria for independence, and it has well-established policies for conflict of interest and whistleblowing. Moreover, the organization effectively allocates a significant portion of its expenses to programming, with a program expense ratio of over 70%, demonstrating a commitment to its mission.

While the rating is commendable, it primarily focuses on financial accountability, and there may be other areas such as program effectiveness or community impact that are not captured in this score. However, the absence of any material diversion of assets and a strong board governance structure contribute positively to the charity’s reputation in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Scrap Inc legitimate?

Friends Of Scrap Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Scrap Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $89,140
Professional Fundraising Fees: $0
Other Salaries and Wages: $414,355

For more financial information, click here


Official website here: www.scrap-sf.org

What is the mission statement of Friends Of Scrap Inc?

The mission of Friends of Scrap Inc, a non-profit organization, is to foster creativity and environmental consciousness in both children and adults by encouraging the innovative reuse of materials that would typically be deemed as waste. By providing free or low-cost supplies, the organization aims to assist teachers and students, while simultaneously diverting approximately 200 tons of materials from landfills annually. Furthermore, Friends of Scrap Inc offers resources to artists and helps create jobs in the community. In addition to this, the organization conducts workshops for teachers and awards gift certificates to attendees.


Official website here: www.scrap-sf.org

Who is the CEO of Friends Of Scrap Inc?

Terry Kochanski is the Executive Dir of Friends Of Scrap Inc.


Official website here: www.scrap-sf.org

What is the revenue of Friends Of Scrap Inc?

Friends Of Scrap Inc's revenue in 2022 was $718,299.


Official website here: www.scrap-sf.org

Who are the executives of Friends Of Scrap Inc and what are their salaries?

The average compensation at Friends Of Scrap Inc during 2022 was $27,972. There are 18 employees and 75 volunteers at Friends Of Scrap Inc.


Here are 9 key members and their salaries:


Tterry Kochinski (Executive Dir)
  • Compensation: $89,140
  • Related: $0
  • Other: $0
Merritt Richmond (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Coveney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Therese F Marin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Donavan (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mindy Kirshner (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Varun Bhatia (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Premberton (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Preziosi (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.scrap-sf.org

Where can I find the form 990 for Friends Of Scrap Inc?

Friends Of Scrap Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.scrap-sf.org

Learn more at the official website: www.scrap-sf.org

Mission Statement of Friends Of Scrap Inc

Friends of Scrap Inc, a nonprofit organization, is dedicated to fostering creativity and environmental awareness among children and adults. Their mission revolves around the promotion of the creative reuse of materials that are typically discarded as waste. By doing so, they aim to stimulate both creativity and environmental consciousness.

The organization's primary objective is to make a positive impact on the community by helping teachers and students gain access to a wide variety of free or low-cost supplies. This not only helps in diverting approximately 200 tons of materials from landfill annually but also provides artists with affordable materials for their creations.

Moreover, Friends of Scrap Inc creates job opportunities through their operations. They solicit donations of usable materials from businesses, industries, and families in the community. These materials are then displayed and sold at their public Depot, located in the Bayview neighborhood of San Francisco. In addition to their sales, the organization conducts workshops for teachers, providing them with gift certificates to encourage the creative use of the materials they offer. In 2022, they held six such workshops, with each teacher attending receiving a $25 gift certificate.

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Impact




June, 2024

Friends Of Scrap Inc stimulates creativity and environmental awareness in children and adults by promoting the creative reuse of materials that are traditionally discarded as waste. They solicit donations of usable materials from businesses, industries, and families in the Bay Area, and display and sell these materials in their public 5,000 square foot Depot in San Francisco's Bayview neighborhood. In 2022, they conducted 6 free teacher workshops where each of the 60 teachers attending received a $25 gift certificate. Friends Of Scrap Inc's efforts not only help teachers and students by providing free or low-cost supplies but also divert 200 tons of materials from landfills annually. Additionally, they assist artists in getting materials at low cost and create job opportunities. Their impact extends to promoting environmental sustainability and fostering creativity in the community.




This information is meant to be a general summary of Friends Of Scrap Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$718,299 (2022)
Expenses
$717,505 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $80,517
  • Gross Receipts: $1,060,855

Assets and Liabilities:

  • Total Assets: $532,645
  • Total Liabilities: $11,142
  • Net Assets: $521,503

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Classes, workshops, events

Revenue

$80,517

Organization Details

Founding Year

1978

Principal Officer

Terry Kochanski

Main Address

834 Toland Street, San Francisco, CA, 94124

NTEE Category

Code: C270 - Environment

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