Friends of 400 Foundation logo

Friends of 400 Foundation

Foundation · Grantmaker Madison, AL EIN: 47-1163974 Website

THE GOAL OF FRIENDS OF 400 IS TO ADDRESS THE PHYSICAL, SPIRITUAL, EMOTIONAL AND RELATIONAL POVERTY EXPERIENCED BY THE CHILDREN LIVING IN THE PUBLIC HOUSING NEIGHBORHOODS OF INNER-CITY HUNTSVILLE. WE STRIVE TO ASSIST THESE FAMILIES WITH OPPORTUNITIES TO REACH THEIR FULL POTENTIAL. OUR VOLUNTEERS/DONORS WORK WITH THE ENTIRE FAMILY TO MAKE SURE THE CHILDREN HAVE THE STABILITY TO FOCUS ON SCHOOL, EXTRA-CURRICULAR ACTIVITIES AND REACHING THEIR POTENTIAL.

Key facts about Friends of 400 Foundation

EIN
47-1163974
Latest 990 filing
Form 990-PF, 2025
Total assets
$251,357

Data from IRS Form 990-PF, 2025; updated September 2026.

Next steps with Friends of 400 Foundation

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$251K

-39.2% YoY

Revenue

$142K

-49.7% YoY

Net Investment Income

$7K

-16.8% YoY

Expenses

$354K

+13.8% YoY

About Friends of 400 Foundation

Based on IRS filings

Friends of 400 Foundation is a nonprofit organization, based in Madison, AL. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $251K in total assets. Net investment income was $7K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Huntsville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$97K$195K$292K$390K2022202320242025
Metric202520242023
Total Assets$251,357$413,281$469,980
Revenue$141,650$281,857$352,584
Expenses$354,270$311,371$169,018
Qualifying Distributions———
Net Investment Income$6,819$8,198$4,051
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$56K$84K$112K0 grants20220 grants20231 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Leadership & Key People

Officers and directors from IRS filings

Friends of 400 Foundation is led by Shellie Mitchell, President & Treasurer since 2025 (on filings since 2022); 1 of 3 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Shellie Mitchell

    President & Treasurer

    President → President & Treasurer, 2025

    On filings since 2022

    33 hrs/week

    $25K (2023) → $67K (2025)

  • Brent Mitchell

    Secretary

    On filings since 2022

    3 hrs/week

    No compensation reported

  • Keri Fletcher

    Vice President

    On filings since 2022

    6 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Shellie Mitchell — President/Treasurer: $67KShellie MitchellPresident/Treasurer$67K

Frequently Asked Questions

How large is Friends of 400 Foundation?

As of 2025, Friends of 400 Foundation holds $251K in total assets with $142K in annual revenue.

Where does Friends of 400 Foundation operate?

Friends of 400 Foundation has awarded grants in Alabama.

What is Friends of 400 Foundation's EIN?

Friends of 400 Foundation's EIN (Employer Identification Number) is 47-1163974. IRS Form 990 filing data is available on this page for 2022–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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