Friends & Co

Mission Statement

Friends & Co celebrates aging through community-led service that fosters meaningful connections for everyone.

Impact and Programs

Accomplishments Older Adults Served: 687 Companionship matches made: 200 Unique Coffee Talk calls: 2,706 from 32 MN counties Program Registration: up 227 percent Dedicated Volunteers: 1,090 Total Volunteer Hours: 12,553 Counties Served: 43 Older Adults Reached: 20,000plus
Current Goals Our focus is on serving older adults well while continuing to grow and support the volunteer community that makes our programs possible. Through our core programming, we aim to serve approximately 600 older adults each year. We currently engage 516 active volunteers and plan to add an average of 14 new volunteers per month, creating roughly 15 new volunteer–participant matches monthly. We are working to better manage demand for services by improving how we respond to unsolicited requests and how we communicate with older adults who are on our waitlist. We are also building relationships with new community partners, including Somali community groups, to ensure our programs remain welcoming and accessible to a broader range of older adults. Behind the scenes, we are focused on freeing up capacity and improving how our programs operate. A program efficiency committee has been formed to identify practical changes that reduce bottlenecks and support sustainable growth. Advisory committees are being established for offsite programs, starting with Let’s Do Lunch, to strengthen feedback and program design. Volunteer retention and appreciation remain priorities, with a personalized appreciation campaign and clearer volunteer support roles launching this year.
Community or Constituency Served Older adults 65 and up.
Geographic Area Served All of Minnesota and western Wisconsin

Reports & Finances

If you have additional questions regarding a nonprofit's financials, visit their website, or call and ask to review their IRS Form 990, Annual Report, or Audit for a more complete picture of their financial story.
Major Program Expenses
Companions:
$830,157
3 Year Average Expenses
Program Services
$779,960
78%
Management
$71,265
7.1%
Fundraising
$148,328
14.8%
Unrestricted Net Assets
End of Year:
Beginning of Year:
Difference:
2023
$211,046
$175,561
$35,485
2022
$5,678,501
$5,953,892
($275,391)
2021
$5,953,892
$1,134,270
$4,819,622

Notes from the Council

Organization Last Reviewed on 04/07/2025

This date is representative of when we completed our initial Accountability Wizard® nonprofit review, and provided the organization with their results. This review is good for three years from the date provided
Return to List of Reviewed Nonprofits

Connect

Address:
1845 East Lake Street
Minneapolis, MN 55407
Phone: 612-721-1400

General Information

Alternative Name: LBFE, Friends of the Elderly, Little Brothers, Little Brothers of the Poor
EIN: 41-0986200
Principal Staff: James Falvey
Number of Full-Time Equivalents (FTE): 6
Number of Volunteers: 691
Number of Clients: 660
Ruling Year: 2010

Board

Board Chair: Hailey Bailey
Number of Board Members: 6
Board Meetings with Quorum: 15
Average Member Attendance: 7.7

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Let’s Connect

2550 University Avenue W, Ste 200 N
St. Paul, MN 55114
Phone: (651) 224–7030 • E-mail: [email protected]

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