THE WIDOWS FRIENDINC

EIN: 222565287 501(c)(3) Human Services

FORESTDALE, MA

Total Revenue
$238,971
Total Expenses
$286,422
Total Assets
$89,302
Net Assets
$89,302
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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
1984
Legal Domicile
MA
Principal Officer
FAITH WILLARD
Phone
5084771707
Tax Period
2023-01-01 to 2023-12-31

THE WIDOWS FRIENDINC, founded in 1984, is a small nonprofit in the Human Services sector that reported $239K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Expenses of $286K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROMOTE EDUCATIONAL, RECREATIONAL, SOCIAL AND RELIGIOUS WORK

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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 (2023)

Revenue Breakdown

Contributions & Grants $238,971
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $238,971

Expense Breakdown

Grants Paid $247,895
Salaries & Benefits $13,417
Fundraising Expenses $0
Program Expenses $258,239
Other Expenses $25,110
TOTAL EXPENSES $286,422

Year-over-Year Comparison

2023 2022 Change
Revenue $238,971 $297,719 -0.2%
Expenses $286,422 $314,457 -0.1%
Net Income $-47,451 $-16,738 +1.8%
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
8
Independent Members
7
Employees
2
Volunteers
12

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
$12,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARLA BROOKS SECRETARY 10.00
Officer Director
$0 $0 $0
RICHARD FRYE TRUSTEE 0.00
Director
$0 $0 $0
PAULA ZITZMAN TRUSTEE 0.00
Director
$0 $0 $0
CAROLYN THOMPSON TRUSTEE 0.00
Director
$0 $0 $0
DEBORAH LOCKE TRUSTEE 0.00
Director
$0 $0 $0
JANE BROOKS PRESIDENT 40.00
Officer
$0 $0 $12,000
PETER WILLARD VICE PRESIDENT 10.00
Officer
$0 $0 $0
STEPHEN BROOKS TREASURER 10.00
Officer
$0 $0 $0
JANICE LOTZ TRUSTEE 10.00
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 No data No data No data No data
2023 $238,971 $286,422 $89,302 $-47,451
2022 $297,719 $314,457 $136,753 $-16,738
2021 $291,672 $335,275 $153,491 $-43,603
2020 $235,434 $318,356 $229,060 $-82,922
2019 $307,683 $303,702 $280,016 $3,981
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