FRIENDS OF FISHER HOUSE INC

EIN: 204768915 501(c)(3)

WEST PALM BEACH, FL

Total Revenue
$580,661
Total Expenses
$1,019,634
Total Assets
$296,915
Net Assets
$296,915
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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
1998
Legal Domicile
FL
Principal Officer
REBECCA SPURLIN
Phone
5616557570
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF FISHER HOUSE INC, founded in 1998, is a small nonprofit that reported $581K in total revenue in fiscal year 2025. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $1.0M exceeded revenue, resulting in a 76% operating deficit.

Mission

PROVIDE A WIDE RANGE OF GUEST RELATED OPERATIONAL SUPPORT TO THE WEST PALM BEACH FISHER HOUSE. THIS INCLUDES FUNDING FOOD STAPLES,CATERED MEALS, GAS CARDS, GIFT CARDS AND VARIOUS OTHER AMEMITIES. IT ALSO INCLUDES HELPING FUND THE COST OF HOTEL STAYS WHEN THE WPB FISHER HOUSE IS AT FULL CAPACITY. IT FURTHER INCLUDES CAPITAL PROJECTS SUCH AS A RECENTLY COMPLETED CAPITAL CAMPAIGN WHICH RAISED FUNDS TO ENABLE THE FISHER HOUSE FOUNDATION TO BUILD A NEW 16 BEDROOM, FULLY ACCESSIBLE HOUSE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $504,537
Program Service Revenue $0
Investment Income $12,749
Other Revenue $63,375
TOTAL REVENUE $580,661

Expense Breakdown

Grants Paid $967,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $999,597
Other Expenses $52,634
TOTAL EXPENSES $1,019,634

Year-over-Year Comparison

2025 2024 Change
Revenue $580,661 $496,209 +0.2%
Expenses $1,019,634 $44,620 +21.9%
Net Income $-438,973 $451,589 -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

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Governance

Voting Members
10
Independent Members
10
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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAUREN BERKSON PRESIDENT 0.00
Officer Director
$0 $0 $0
RICK SALVADORE VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
REBECCA SPURLIN TREASURER 0.00
Officer Director
$0 $0 $0
ALFRED ALDRIDGE SECRETARY 0.00
Officer Director
$0 $0 $0
DAN DALTON DIRECTOR 0.00
Director
$0 $0 $0
SUSAN C ELHILOW DIRECTOR 0.00
Director
$0 $0 $0
GEORGE KINOSHITA DIRECTOR 0.00
Director
$0 $0 $0
WARREN BELMAR DIRECTOR 0.00
Director
$0 $0 $0
KAREN ZOOK DIRECTOR 0.00
Director
$0 $0 $0
LEXY DEPHILLIPS DIRECTOR 0.00
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 $580,661 $1,019,634 $296,915 $-438,973
2024 No data No data No data No data
2023 $100,358 $67,746 $284,299 $32,612
2022 $120,392 $30,786 $251,687 $89,606
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