- Franciscan Outreach Association
- 1645 W. LeMoyne Street, Chicago, IL 60622
- Telephone (773)278-6724 Fax (773)278-7120
- About Us
- Shelter
- Soup Kitchen
- Case Management
- Collaborations
- Volunteer
- Buy-A-Supply
- Wish List
- Donate
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- Contact Us
Financial and Board Information for 2009
Franciscan Outreach operates on a very tight budget. We have no endowment and often have to borrow to meet expenses.
The easiest way to view our financial information is through our listing on Guidestar at http://www2.guidestar.org/organizations/36-2928835/franciscan-outreach-association.aspx There you will find our Audited Financial Statements and Form 990 IRS filings dating back to 1998. We are always happy to send you our audited financials if you wish.
A summary of our 2009 audited financials is as follows:
Revenues, Gains and Reclassifications:
Donations $481,263
Donations from Franciscan Sources 79,092
Wills & Bequests 109,002
Grants General 397,284
Grants Government 170,384
Fundraising Activities 169,168
Donated Services 6,677
Realized & Unrealized gains on investments 11
Investment Income 56
Total Revenues and Gains $1,412,937
Expenses:
Program Expenses
Marquard Center $265,598
Franciscan House 587,374
Case Management program 350,409
Total Program Expenses $1,203,381
Administration Expenses 133,686
Fund Raising Expenses 199,114
Total Expenses $1,536,181
Loss on Sale of Vehicle 5,272
Total Expenses and Losses $1,541,453
(Decrease in Net Assets) (128,516)
Net Assets - Beginning of Year $953,512
Net Assets - End of Year $824,996
Note that we are blessed with the services of up to 14 Full-Time Volunteers at a time. These are persons from around the US and the world who come to live with us for year or so and work in our programs in direct ministry to the homeless. In 2009, we received 23,736 service hours from full-time volunteers and 741 service hours from an internal accountant. Using a valuation of $20.85 per hour, which is a valuation announced by Independent Sector for 2009, it is estimated that $557,446 in additional program expenses and $15,450 in additional administrative expenses would have been incurred if not for these services being donated by the volunteers.
We are governed by a 21 person Board of Directors. Their names and any offices they hold are as follows:
Philip Doran, Board Chair
Catherine Shriver, First Vice President
John Potter Second Vice President
Robert Kuchler, Treasurer
Margaret Scanlan Brown, Secretary
Raymond Behrendt, SFO
Fr. Vaughn Fayle, OFM
Marianne Flesher, SFO
Brett Galley
Katherine Galley
Jerry Hossli
Russell Iacono
Geneva Kennedy
Patrick O'Connor
Robert Proctor, SFO
Bro. Herb Rempe, OFM
Chris Seth
Fr. Ed Shea, OFM
Robert summers
Vacant
Vacant
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