FRIENDS PUBLISHING CORPORATION

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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

1955

Legal Domicile

Principal Officer

GABRIEL EHRI

Phone

2155638629

Tax Period

2023-07-01 to 2024-06-30

FRIENDS PUBLISHING CORPORATION, founded in 1955, is a community nonprofit in the Religion sector that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.3M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO COMMUNICATE QUAKER EXPERIENCE IN ORDER TO CONNECT AND DEEPEN SPIRITUAL LIVES.

Program Service Accomplishments

Program 1

Expenses: $717,785 Revenue: $147,169

THE ORGANIZATION PUBLISHES CONTINUOUSLY ONLINE AND DISTRIBUTES FRIENDS JOURNAL EACH MONTH TO MEMBERS AND REQUESTING INDIVIDUALS AND ORGANIZATIONS NATIONWIDE AND THROUGHOUT THE WORLD, REACHING OVER...

THE ORGANIZATION PUBLISHES CONTINUOUSLY ONLINE AND DISTRIBUTES FRIENDS JOURNAL EACH MONTH TO MEMBERS AND REQUESTING INDIVIDUALS AND ORGANIZATIONS NATIONWIDE AND THROUGHOUT THE WORLD, REACHING OVER 500,000 INDIVIDUALS. EACH PERIODICAL CONTAINS ARTICLES AND ADVERTISEMENTS RELEVANT TO THE QUAKER COMMUNITY AND TO THE GENERAL PUBLIC. THE MAGAZINE RELIES ON MEMBERSHIP CONTRIBUTIONS AND ADVERTISING FEES ALONG WITH GENERAL CONTRIBUTIONS AND GRANTS, MAINLY FROM RELIGIOUS SOCIETY OF FRIENDS INDIVIDUALS AND ORGANIZATIONS, TO SUSTAIN ITS ABILITY TO SHARE ITS MESSAGE.

Program 2

Expenses: $79,754

THE ORGANIZATION PRODUCES VIDEOS UNDER THE FRIENDS JOURNAL AND QUAKERSPEAK BRANDS, DISTRIBUTED ONLINE, THAT COMMUNICATE, EXPLORE AND EDUCATE VIEWERS ABOUT IMPORTANT ASPECTS OF QUAKER FAITH AND...

THE ORGANIZATION PRODUCES VIDEOS UNDER THE FRIENDS JOURNAL AND QUAKERSPEAK BRANDS, DISTRIBUTED ONLINE, THAT COMMUNICATE, EXPLORE AND EDUCATE VIEWERS ABOUT IMPORTANT ASPECTS OF QUAKER FAITH AND PRACTICE. THE VIDEOS WERE VIEWED OVER 468,000 TIMES IN THE MOST RECENT FISCAL YEAR. THE PROGRAM IS SUPPORTED BY GRANTS, CONTRIBUTIONS, ADVERTISING FEES, AND PARTNERSHIP AGREEMENTS WITH OUTSIDE QUAKER NONPROFIT ORGANIZATIONS, AS WELL AS THE ORGANIZATION'S GENERAL REVENUES.

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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 $932,459

Program Service Revenue $147,169

Investment Income $112,414

Other Revenue $17,138

TOTAL REVENUE $1,209,180

Expense Breakdown

Grants Paid $0

Salaries & Benefits $806,455

Fundraising Expenses $240,460

Program Expenses $797,539

Other Expenses $517,242

TOTAL EXPENSES $1,346,797

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,209,180	$1,255,046	0.0%
Expenses	$1,346,797	$1,322,239	+0.0%
Net Income	$-137,617	$-67,193	+1.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$144,724

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gabriel Ehri	Executive Director	40.0	Officer	$125,600	$19,124	$144,724
Edward Abraham	Clerk	2.0	Officer Director	$0	$0	$0
Abe Kenmore	Recording Clerk	1.0	Officer Director	$0	$0	$0
Fred Melroy	Treasurer	1.0	Officer Director	$0	$0	$0
Patricia Barber	Trustee	1.0	Director	$0	$0	$0
Katie Breslin	Trustee (from 12/9/23)	1.0	Director	$0	$0	$0
Max Carter	Trustee	1.0	Director	$0	$0	$0
Rich Cleaver	Trustee (THRU. 12/09/2023)	1.0	Director	$0	$0	$0
Catherine Cox	Trustee (THRU. 12/09/2023)	1.0	Director	$0	$0	$0
Yves Dusenge	Trustee (from 12/9/23)	1.0	Director	$0	$0	$0
Bill Fellows	Trustee	1.0	Director	$0	$0	$0
Karie Firoozmand	Trustee (from 12/9/23)	1.0	Director	$0	$0	$0
Dan Hewitt	Trustee (THRU. 12/09/2023)	1.0	Director	$0	$0	$0
Pat McGrail-Peasley	Trustee	1.0	Director	$0	$0	$0
JE McNeil	Trustee (from 12/9/23)	1.0	Director	$0	$0	$0
Peter Murchison	Trustee (from 12/9/23)	1.0	Director	$0	$0	$0
Ann Reece	Trustee (THRU. 12/09/2023)	1.0	Director	$0	$0	$0
Tonya thames-taylor	Trustee	1.0	Director	$0	$0	$0
Signe Wilkinson	Trustee	1.0	Director	$0	$0	$0
Jerome Williams	Trustee	1.0	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	$1,209,180	$1,346,797	$4,184,183	$-137,617
2023	$1,255,046	$1,322,239	$3,833,573	$-67,193
2022	$1,330,635	$1,149,684	$3,645,326	$180,951
2021	$986,868	$1,049,491	$3,866,687	$-62,623
2020	$1,778,901	$979,497	$3,411,561	$799,404
2019	$912,004	$874,475	$2,497,261	$37,529
2018	$1,298,869	$990,417	$2,502,348	$308,452