FRIENDS OF THE CENTER (EIN 201219019) - 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

KENZIE HEIN

Phone

3193518100

Tax Period

2023-07-01 to 2024-06-30

FRIENDS OF THE CENTER, founded in 2004, is a small nonprofit in the Human Services sector that reported $120K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $142K exceeded revenue, resulting in a 18% operating deficit.

Mission

PROMOTE THE HEALTH AND WELFARE OF PERSONS OVER THE AGE OF FIFTY (50) YEARS.

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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 $82,802

Program Service Revenue $0

Investment Income $37,401

Other Revenue $0

TOTAL REVENUE $120,203

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,855

Program Expenses $115,372

Other Expenses $141,834

TOTAL EXPENSES $141,834

Year-over-Year Comparison

	2023	2022	Change
Revenue	$120,203	$140,817	-0.1%
Expenses	$141,834	$42,282	+2.4%
Net Income	$-21,631	$98,535	-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

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
KENZIE HEIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ALISON SMITH	PRESIDENT EL	1.00	Director	$0	$0	$0
HARRY RUTH	PAST PRESIDE	1.00	Director	$0	$0	$0
LATASHA DELOACH	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
DAVID GOULD	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA LUBAROFF	DIRECTOR	1.00	Director	$0	$0	$0
SHAWN CONLEY	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$120,203	$141,834	$1,280,259	$-21,631
2023	$140,817	$42,282	$1,196,264	$98,535
2022	$141,729	$132,822	$1,066,140	$8,907
2021	$123,452	$76,716	$1,307,757	$46,736
2020	$94,989	$75,998	$1,031,860	$18,991
2019	$120,480	$69,685	$1,030,341	$50,795

FRIENDS OF THE CENTER