FRIENDS OF MADISON YOUTH INC (EIN 061474604) - 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

1997

Legal Domicile

Phone

2032452689

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF MADISON YOUTH INC, founded in 1997, is a small nonprofit in the Human Services sector that reported $246K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE SAFE AND EDUCATIONAL ENTERTAINMENT AND SOCIAL ACTIVITIES TO THE CHILDREN OF MADISON, CT AND THE SURROUNDING TOWNS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $71,052

Program Service Revenue $173,156

Investment Income $1,902

Other Revenue $0

TOTAL REVENUE $246,110

Expense Breakdown

Grants Paid $0

Salaries & Benefits $152,822

Fundraising Expenses $0

Program Expenses $214,177

Other Expenses $100,354

TOTAL EXPENSES $253,176

Year-over-Year Comparison

	2023	2022	Change
Revenue	$246,110	$277,497	-0.1%
Expenses	$253,176	$206,575	+0.2%
Net Income	$-7,066	$70,922	-1.1%

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

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

$64,514

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA-ANN BARBA	SECRETARY	10.00	Director	$0	$0	$0
CRISTAL PHILBRICK	BOARD MEMBER	1.00	Director	$0	$0	$0
WILL PHILBRICK	TREASURER	10.00	Director	$0	$0	$0
AMANDA STIEWING	BOARD MEMBER	5.00	Director	$0	$0	$0
TAMMY BORIS	BOARD MEMBER	10.00	Director	$0	$0	$0
ZACHARY HOLLBACK	PRESIDENT	20.00	Director	$0	$0	$0
EMILY WEBSTER	BOARD MEMBER	5.00	Director	$0	$0	$0
CATHERINE BARDEN	BOARD MEMBER	1.00	Director	$0	$0	$0
AMANADA WAGGONER	BOARD MEMBER	5.00	Director	$0	$0	$0
VICTORIA QUINN	BOARD MEMBER	5.00	Director	$0	$0	$0
ROBYN KLASKIN	EXECUTIVE DIRECTOR	40.00	Officer	$64,514	$0	$64,514

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	No data	No data	No data	No data
2023	$246,110	$253,176	$177,977	$-7,066
2022	$277,497	$206,575	$183,746	$70,922

FRIENDS OF MADISON YOUTH INC