ABGC FRIENDS INC

EIN: 030404852

ARLINGTON, MA

Total Revenue
$9,741
Total Expenses
$75,000
Total Assets
$253,205
Net Assets
$250,455
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MA
Principal Officer
CATHY DUDDY
Tax Period
2024-01-01 to 2024-12-31

ABGC FRIENDS INC, founded in 2002, is a micro nonprofit that reported $10K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $75K exceeded revenue, resulting in a 670% operating deficit.

Mission

THE ORGANIZATION IS A NON PROFIT THAT PROMOTES THE GOOD WORK AND PROVIDES INCOME TO THE ARLINGTON BOYS AND GIRLS CLUB, INC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $6
Other Revenue $9,735
TOTAL REVENUE $9,741

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $75,000
TOTAL EXPENSES $75,000

Year-over-Year Comparison

2024 2023 Change
Revenue $9,741 $12,643 -0.2%
Expenses $75,000 N/A N/A
Net Income $-65,259 $12,643 -6.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHY DUDDY PRESIDENT N/A
Director
$0 $0 $0
JAMES FOSTER TREASURER N/A
Director
$0 $0 $0
STEVE URQUHART CLERK N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $9,741 $75,000 $253,205 $-65,259
2023 $12,643 No data $318,464 No data
2022 $8,323 No data $305,822 No data
2021 $49,335 $94,054 $297,499 $-44,719
2020 $58,551 $37,906 $342,218 $20,645
2019 $39,562 $50,743 $321,577 $-11,181
2018 $45,676 $43,660 $332,757 $2,016
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