FRIENDS OF THE POOR CLARES FOUNDATION (EIN 200991288) - 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

2004

Legal Domicile

Principal Officer

PATRICK COLEMAN

Phone

4403331446

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF THE POOR CLARES FOUNDATION, founded in 2004, is a micro nonprofit that reported $74K in total revenue in fiscal year 2023. Revenue surged 764% from the prior year, signaling strong growth momentum. The organization ran a surplus of $69K, a strong 94% operating margin.

Mission

TO CREATE AWARENESS OF AND TO PROMOTE THE MISSION AND THE WORK OF THE MONASTERY OF THE POOR CLARES

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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 $0

Program Service Revenue $0

Investment Income $73,598

Other Revenue $0

TOTAL REVENUE $73,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,639

Other Expenses $4,639

TOTAL EXPENSES $4,639

Year-over-Year Comparison

	2023	2022	Change
Revenue	$73,598	$8,519	+7.6%
Expenses	$4,639	$75,659	-0.9%
Net Income	$68,959	$-67,140	-2.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARYANN BOYER	TREASURER	N/A	Officer Director	$0	$0	$0
PATRICK COLEMAN	DIRECTOR	N/A	Director	$0	$0	$0
JILL GRILLO	FUNDRAISING	N/A	Officer Director	$0	$0	$0
JOHN GRILLO	PRESIDENT	N/A	Officer Director	$0	$0	$0
DIANE HUNT	DIRECTOR	N/A	Director	$0	$0	$0
DANIEL JENKS	DIRECTOR	N/A	Director	$0	$0	$0
JAMES MAYER	SECRETARY	N/A	Officer Director	$0	$0	$0
WILLIAM ROEDIGER	VICE PRESIDE	N/A	Director	$0	$0	$0
EDWARD R TURZA	DIRECTOR	N/A	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	$73,598	$4,639	$771,268	$68,959
2022	$8,519	$75,659	$702,335	$-67,140
2021	$74,080	$14,699	$769,449	$59,381
2020	$64,945	$2,784	$710,068	$62,161
2019	$97,587	$5,234	$647,907	$92,353
2018	$24,305	$16,381	$555,554	$7,924

FRIENDS OF THE POOR CLARES FOUNDATION