FRIENDSHIP CIRCLE OF CLEVELAND INC (EIN 208848426) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

RABBI YOSSI MAROZOV

Phone

2163773000

Tax Period

2023-07-01 to 2024-06-30

FRIENDSHIP CIRCLE OF CLEVELAND INC, founded in 2007, is a community nonprofit in the Religion sector that reported $1.8M in total revenue in fiscal year 2023.

Mission

THROUGH RELIGIOUS EXPERIENCE, PROVIDE CHILDREN WHO HAVE SPECIAL NEEDS WITH A FULL RANGE OF SOCIAL AND RECREATIONAL EXPERIENCES, PROVIDE THEIR PARENTS WITH RESPITE AND SUPPORT, AND ENRICH, INSPIRE, AND MOTIVATE HIGH SCHOOL TEENS THROUGH SHARING OF THEMSELVES WITH OTHERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,684,429

Program Service Revenue $78,421

Investment Income $14,451

Other Revenue $0

TOTAL REVENUE $1,777,301

Expense Breakdown

Grants Paid $0

Salaries & Benefits $825,608

Fundraising Expenses $186,339

Program Expenses $1,287,674

Other Expenses $1,010,875

TOTAL EXPENSES $1,836,483

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,777,301	$1,719,306	+0.0%
Expenses	$1,836,483	$1,758,419	+0.0%
Net Income	$-59,182	$-39,113	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$200,000

Total Directors

$200,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY APPEL	TRUSTEE	1.00	Director	$0	$0	$0
ERIC CHAJMOVIC	TRUSTEE	1.00	Director	$0	$0	$0
ALYSON CHARNAS	TRUSTEE	1.00	Director	$0	$0	$0
HARLEY COHEN	BOARD CHAIR	1.00	Officer	$0	$0	$0
JEFF EPSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
DR MICHAEL FRANKEL	SECRETARY	1.00	Officer	$0	$0	$0
MICHAEL GOLDBERG	TRUSTEE	1.00	Director	$0	$0	$0
JILL HELFMAN	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW MERIDIETH	TRUSTEE	1.00	Director	$0	$0	$0
GARY SHAMIS	TREASURER	1.00	Officer	$0	$0	$0
MICHAEL STOVSKY	TRUSTEE	1.00	Director	$0	$0	$0
STEVE WEINBERG	TRUSTEE	1.00	Director	$0	$0	$0
ROB ZIMMERMAN	TRUSTEE	1.00	Director	$0	$0	$0
RABBI YOSSI MAROZOV	EXECUTIVE DI	1.00	Officer Director	$100,000	$0	$200,000

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	$1,777,301	$1,836,483	$1,149,334	$-59,182
2023	$1,719,306	$1,758,419	$1,080,621	$-39,113
2022	$1,881,187	$1,547,056	$1,242,095	$334,131
2021	$1,055,374	$902,925	$792,828	$152,449
2020	$1,051,367	$1,084,931	$660,664	$-33,564
2018	$1,131,529	$995,378	$620,710	$136,151

FRIENDSHIP CIRCLE OF CLEVELAND INC