FRIENDS OF FAMILIES WITH CHILDREN IN CRISIS FOUNDATION (EIN 204560243) - 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

2006

Legal Domicile

Principal Officer

HOWARD J SWIBEL

Phone

3128767100

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF FAMILIES WITH CHILDREN IN CRISIS FOUNDATION, founded in 2006, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $4K in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $49K exceeded revenue, resulting in a 1004% operating deficit.

Mission

THE FOUNDATION PREVIOUSLY PROVIDED FINANCIAL ASSISTANCE TO NEEDY STUDENTS ENROLLED AT ANY SCHOOL SPECIFICALLY DESIGNED AND OPERATED TO PROVIDE EDUCATION TO EMOTIONALLY AND PSYCHOLOGICALLY CHALLENGED STUDENTS. STARTING IN CALENDAR YEAR 2021, THE FOUNDATION CEASED PROVIDING DIRECT TUITION ASSISTANCE BUT INSTEAD NOW MAKES GRANTS TO OTHER CHARITABLE ORGANIZATIONS WITH MISSIONS ALIGNED WITH ITS OWN.

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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 $500

Program Service Revenue $0

Investment Income $3,971

Other Revenue $0

TOTAL REVENUE $4,471

Expense Breakdown

Grants Paid $40,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $45,003

Other Expenses $9,362

TOTAL EXPENSES $49,362

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,471	$33,948	-0.9%
Expenses	$49,362	$69,371	-0.3%
Net Income	$-44,891	$-35,423	+0.3%

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
HOWARD J SWIBEL	SECRETARY/TREASURER/DIRECT	1.00	Director	$0	$0	$0
JOEL HOROWITZ	PRESIDENT/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
2024	No data	No data	No data	No data
2023	$4,471	$49,362	$214,999	$-44,891
2022	$33,948	$69,371	$267,357	$-35,423
2021	$4,569	$143,474	$331,354	$-138,905
2020	$1,339	$68,827	$391,103	$-67,488
2019	$7,735	$12,453	$451,230	$-4,718

FRIENDS OF FAMILIES WITH CHILDREN IN CRISIS FOUNDATION