Small Public Charity

FRIENDS OF NEW TROY

FRIENDS OF NEW TROY is a Small Public Charity headquartered in NEW TROY, MI. Financial data from the 2025 filing: $40K revenue, $89K expenses, $169K total assets. 2 publicly reported grants to this organization, totaling roughly $19K, appear in IRS filings.

EIN: 203885998 NEW TROY, MI Physical Fitness & Community Recreational Facilities NTEE: N30 Latest filing: 2025
Total Revenue$40K
Total Expenses$89K
Total Assets$169K
Grant Records2
Funding Total$19K
Filing Years2021–2025

Mission

RESTORE SCHOOL BUILDING TO COMMUNITY CENTER

Where $100 goes at Friends of New Troy

How Friends of New Troy divides every $100 it spends, from its own Form 990-EZ filings, averaged across 8 years.

$91 Programs the work itself
$9 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $91 for programs

$91
We were able to operate the community center providing abookroom program with computer access and host multiplecommunity service events
All program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Lorraine Hanover
SECRETARY Marlene Newmiller
DIRECTOR Olivia Schutze
TREASURER Rebecca Gloe
VICE PRESIDENT Terry Hanover
PRESIDENT Victoria Petroff

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$19,440 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $40K $89K $169K
2024 $135K $67K $219K
2023 $63K $63K $151K
2022 $43K $36K $151K
2021 $23K $23K $144K

Between 2021 and 2025, reported annual revenue grew from $23K to $40K (+70%), with total assets most recently reported at $169K.

Interactive year-over-year charts and full filing details available with membership.

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