FRIENDS OF FONDATION DE FRANCE INC

EIN: 133966503 501(c)(3) International Affairs

MONTCLAIR, NJ

Total Revenue
$9,783,362
Total Expenses
$9,482,484
Total Assets
$3,373,357
Net Assets
$3,287,899
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
AXELLE DAVEZAC
Phone
9735099509
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF FONDATION DE FRANCE INC, founded in 1997, is a community nonprofit in the International Affairs sector that reported $9.8M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $9.5M left a modest 3% surplus.

Mission

FRIENDS OF FONDATION DE FRANCE PROVIDES AN EASY, TRUSTWORTHY ANDCOST-EFFECTIVE WAY FOR AMERICAN INDIVIDUALS, FAMILIES, CORPORATIONS,DONOR ADVISED FUNDS AND FOUNDATIONS TO GIVE TO NONPROFITS WORLDWIDE. WESTRIVE TO BUILD A BETTER WORLD AND CREATE A MORE JUST SOCIETY BYSTREAMLINING GIVING TO EDUCATION, HEALTH AND MEDICAL RESEARCH, CULTURE,THE ENVIRONMENT AND SOCIAL PROGRAMS. WE HAVE HUNDREDS OF PROGRAMSAVAILABLE, LED BY FRANCE'S

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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 $9,784,863
Program Service Revenue $31,893
Investment Income $-33,394
Other Revenue $0
TOTAL REVENUE $9,783,362

Expense Breakdown

Grants Paid $9,036,356
Salaries & Benefits $233,085
Fundraising Expenses $166,815
Program Expenses $9,147,458
Other Expenses $213,043
TOTAL EXPENSES $9,482,484

Year-over-Year Comparison

2024 2023 Change
Revenue $9,783,362 $7,404,204 +0.3%
Expenses $9,482,484 $6,550,780 +0.4%
Net Income $300,878 $853,424 -0.6%
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

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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
7
Independent Members
7
Employees
3
Volunteers
7

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
4
$149,422
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AXELLE DAVEZAC DIRECTOR AND PRESIDENT 2.00
Officer Director
$0 $0 $0
VICTORIA BJORKLUND ESQ DIRECTOR AND SECRETARY 2.00
Officer Director
$0 $0 $0
MILES HANKIN DIRECTOR AND TREASURER 3.00
Officer Director
$0 $0 $0
FRANCIS CHARHON DIRECTOR 2.00
Director
$0 $0 $0
CHRISTOPHER HARRIS DIRECTOR 2.00
Director
$0 $0 $0
SUZANNE SISKEL DIRECTOR 2.00
Director
$0 $0 $0
FREDERIC THERET DIRECTOR 2.00
Director
$0 $0 $0
DOMITILLE MARCHAL LEMOINE EXECUTIVE DIRECTOR 40.00
Officer
$142,942 $6,480 $149,422
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 $9,783,362 $9,482,484 $3,373,357 $300,878
2023 $7,404,204 $6,550,780 $3,038,918 $853,424
2022 $3,130,246 $3,163,535 $2,186,236 $-33,289
2021 $3,620,402 $3,078,643 $2,191,741 $541,759
2020 $2,724,464 $2,496,290 $1,653,244 $228,174
2019 $4,143,567 $3,587,914 $1,404,953 $555,653
2018 $1,813,350 $2,623,684 $853,663 $-810,334
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