SPECIAL FRIENDS FOUNDATION INC (EIN 113374927) - 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

Principal Officer

KAREN PARENTI

Phone

2153750314

Tax Period

2023-01-01 to 2023-12-31

SPECIAL FRIENDS FOUNDATION INC, founded in 1997, is a community nonprofit in the Medical Research sector that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $600K, a strong 18% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO ASSIST SPECIAL NEEDS INDIVIDUALS AND THEIR FAMILIES WHO ARE SUFFERING FROM GENETIC DISORDERS SUCH AS RUBENSTEINTAYBI SYNDROME; AND TO CONTRIBUTE TO ORGANIZATIONS WITH SIMILAR OBJECTIVES.

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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 $229,657

Program Service Revenue $3,076,441

Investment Income $59,209

Other Revenue $0

TOTAL REVENUE $3,365,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,042,335

Fundraising Expenses $2,837

Program Expenses $2,037,663

Other Expenses $723,320

TOTAL EXPENSES $2,765,655

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,365,307	$2,546,851	+0.3%
Expenses	$2,765,655	$1,946,981	+0.4%
Net Income	$599,652	$599,870	0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG BINETTI	TREASURER	15.00	Officer Director	$0	$0	$0
MARTIN BRENNAN	BOARD MEMBER	5.00	Director	$0	$0	$0
CHRIS GARAVENTE	PRESIDENT	40.00	Officer Director	$0	$0	$0
JACQUELINE GARAVENTE	BOARD MEMBER	5.00	Director	$0	$0	$0
JEFF GOLDSTEIN	BOARD MEMBER	5.00	Director	$0	$0	$0
MARC GREENBERGER	BOARD MEMBER	5.00	Director	$0	$0	$0
JANE IKEDA	BOARD MEMBER	5.00	Director	$0	$0	$0
KAREN PARENTI	EXECUTIVE DI	40.00	Officer Director	$0	$0	$0
KEN SKLENAR	BOARD MEMBER	5.00	Director	$0	$0	$0
JOSH VAUDT	BOARD MEMBER	5.00	Director	$0	$0	$0
BRITTANY YANCHEK	BOARD MEMBER	5.00	Director	$0	$0	$0
CAROL GARAVENTE	VICE PRESIDE	40.00	Officer	$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	$3,365,307	$2,765,655	$4,469,433	$599,652
2022	$2,546,851	$1,946,981	$3,952,591	$599,870
2022	$2,546,851	$1,946,981	$3,952,591	$599,870
2021	$1,285,161	$996,655	$2,601,787	$288,506
2020	$797,741	$605,511	$1,552,271	$192,230
2019	$675,144	$544,713	$1,019,531	$130,431
2018	$711,825	$415,742	$508,479	$296,083

SPECIAL FRIENDS FOUNDATION INC