FRIENDS OF CHILDREN'S COVE INC (EIN 043470988) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

KEVIN LENNON

Phone

5083750410

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF CHILDREN'S COVE INC, founded in 2002, is a small nonprofit in the Crime & Legal sector that reported $897K in total revenue in fiscal year 2024. Revenue surged 1944% from the prior year, signaling strong growth momentum. The organization ran a surplus of $787K, a strong 88% operating margin.

Mission

TO PROVIDE SUPPORT TO THE BARNSTABLE COUNTY'S FIRST CHILD ADVOCACY CENTER, A HEALTH AND HUMAN SERVICES AGENCY THAT PROVIDES SERVICES TO CHILD VICTIMS OF SEXUAL/PHYSICAL ABUSE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $890,058

Program Service Revenue $0

Investment Income $7,365

Other Revenue $0

TOTAL REVENUE $897,423

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $21,483

Program Expenses $82,158

Other Expenses $110,787

TOTAL EXPENSES $110,787

Year-over-Year Comparison

	2024	2023	Change
Revenue	$897,423	$43,908	+19.4%
Expenses	$110,787	$69,566	+0.6%
Net Income	$786,636	$-25,658	-31.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STACY GALLAGHER	DIRECTOR	1.00	Director	$0	$0	$0
KARA O'DONNELL GALVIN	DIRECTOR	1.00	Director	$0	$0	$0
MARY AVERY GESSNER	DIRECTOR	1.00	Director	$0	$0	$0
TAMMY GLIVINSKI	TREASURER	2.00	Officer Director	$0	$0	$0
MARY LECLAIR	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN LENNON	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARY MCISAAC	DIRECTOR	1.00	Director	$0	$0	$0
BOBBI MORITZ	DIRECTOR	1.00	Director	$0	$0	$0
JACOB STAPLEDON	CLERK	2.00	Officer Director	$0	$0	$0
DAVID WILLARD	DIRECTOR	1.00	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
2025	$897,423	$110,787	$832,486	$786,636
2019	$57,780	$22,549	$45,024	$35,231

FRIENDS OF CHILDREN'S COVE INC