THE FRIENDSHIP FOUNDATION (EIN 208575157) - 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

JOSEPH MINTZ

Phone

3102146677

Tax Period

2022-09-01 to 2023-08-31

THE FRIENDSHIP FOUNDATION, founded in 2006, is a community nonprofit in the Human Services sector that reported $2.5M in total revenue in fiscal year 2022. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $3.6M exceeded revenue, resulting in a 43% operating deficit.

Mission

TO SUPPORT PARENTS AND FAMILIES WHO HAVE CHILDREN WITH SPECIAL NEEDS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,168,709

Program Service Revenue $184,243

Investment Income $141,255

Other Revenue $637

TOTAL REVENUE $2,494,844

Expense Breakdown

Grants Paid $2,544,516

Salaries & Benefits $659,249

Fundraising Expenses $222,905

Program Expenses $3,206,223

Other Expenses $371,583

TOTAL EXPENSES $3,575,348

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,494,844	$7,048,650	-0.6%
Expenses	$3,575,348	$4,804,007	-0.3%
Net Income	$-1,080,504	$2,244,643	-1.5%

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

Volunteers

2500

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

$48,000

Total Directors

$48,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YOSSI MINTZ	President	20.00	Officer Director	$48,000	$0	$48,000
EDWARD KAMINSKY	Secretary	1.00	Officer Director	$0	$0	$0
JOHN POLLITT	Treasurer	1.00	Officer Director	$0	$0	$0
ADAM CARROLL	Director	1.00	Director	$0	$0	$0
PORTIA COHEN	Director	1.00	Director	$0	$0	$0
YOSEF GOROWITZ	Director	1.00	Director	$0	$0	$0
CHASE GREENBERG	Director	1.00	Director	$0	$0	$0
MIKE KAPLAN	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	$2,494,844	$3,575,348	$6,898,974	$-1,080,504
2022	$7,048,650	$4,804,007	$23,218,143	$2,244,643
2021	$16,675,270	$3,389,191	$21,103,861	$13,286,079
2020	$1,480,671	$732,250	$7,851,991	$748,421
2019	$3,400,010	$861,611	$6,225,443	$2,538,399
2018	$1,301,205	$750,874	$3,477,569	$550,331

THE FRIENDSHIP FOUNDATION