FRIENDS OF SEEACH SODE INC

EIN: 113339324 501(c)(3) Religion

LAKEWOOD, NJ

Total Revenue
$385,808
Total Expenses
$383,752
Total Assets
$264,722
Net Assets
$264,722
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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
1996
Legal Domicile
NY
Principal Officer
MARTIN KURANT
Phone
9176539042
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF SEEACH SODE INC, founded in 1996, is a small nonprofit in the Religion sector that reported $386K in total revenue in fiscal year 2023.

Mission

CHARITY TO HELP SPECIAL NEEDS CHILDREN

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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 (2023)

Revenue Breakdown

Contributions & Grants $380,210
Program Service Revenue $0
Investment Income $5,598
Other Revenue $0
TOTAL REVENUE $385,808

Expense Breakdown

Grants Paid $345,448
Salaries & Benefits $0
Fundraising Expenses $31,356
Program Expenses $350,220
Other Expenses $38,304
TOTAL EXPENSES $383,752

Year-over-Year Comparison

2023 2022 Change
Revenue $385,808 $375,233 +0.0%
Expenses $383,752 $387,016 0.0%
Net Income $2,056 $-11,783 -1.2%
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
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MILTON FRISCHMAN SECRETARY 2.00
Officer Director
$0 $0 $0
MARTIN KURANT PRESIDENT 2.00
Officer Director
$0 $0 $0
ABRAHAM WEINBERGER TREASURER 2.00
Officer 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 No data No data No data No data
2023 $385,808 $383,752 $264,722 $2,056
2022 $375,233 $387,016 $262,666 $-11,783
2021 $427,760 $434,596 $274,449 $-6,836
2020 $204,844 $146,603 $281,285 $58,241
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