Friendship Square Club No 343 Inc

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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

Tax Period

2023-12-01 to 2024-11-30

Friendship Square Club No 343 Inc, founded in 1998, is a micro nonprofit in the Community Improvement sector that reported $76K in total revenue in fiscal year 2023. Expenses of $106K exceeded revenue, resulting in a 38% operating deficit.

Mission

Holding title to Masonic lodge and funds provide for its upkeep to continue Masonic Organization

Program Service Accomplishments

Program 1

Holds title to Masonic lodge and provides for upkeep and continuing existence of Masonic Lodge

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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 $0

Program Service Revenue $0

Investment Income $62,497

Other Revenue $13,850

TOTAL REVENUE $76,347

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $105,526

TOTAL EXPENSES $105,526

Year-over-Year Comparison

	2023	2022	Change
Revenue	$76,347	N/A	N/A
Expenses	$105,526	N/A	N/A
Net Income	$-29,179	N/A	N/A

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
PAUL HARBORD	TREASURER	1.00	Officer	$0	$0	$0
JULIAN MALDONADO	SECRETARY	1.00	Officer	$0	$0	$0
MIKKEL FINSEN	VP	1.00	Officer	$0	$0	$0
MICHAEL OHERIEN	PRESIDENT	1.00	Officer	$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	$76,347	$105,526	$1,934,420	$-29,179
2023	$33,172	$214,327	$1,963,599	$-181,155
2022	$44,668	$25,201	$2,146,910	$19,467
2021	$52,967	$47,370	$1,706,758	$5,597
2020	$25,802	$38,944	$1,658,241	$-13,142
2019	$48,055	$31,592	$1,635,690	$16,463
2018	$56,509	$68,714	$1,601,688	$-12,205