PHILADELPHIA, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CARING FOR FRIENDS, founded in 1974, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $15.1M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum.
CARING FOR FRIENDS, FOUNDED IN 1974, IS A FOOD BANK, PREPARED MEALS PROGRAM, AND CARING KITCHEN. OUR MISSION IS TO PROVIDE FOOD AND FRIENDSHIP TO SENIORS, KIDS AND ADULTS, THE HOMELESS, AND THOSE IN SHELTER IN GREATER PHILADELPHIA. WE ARE A VOLUNTEER ORGANIZATION SUPPORTED BY A SMALL STAFF. CARING FOR FRIENDS VOLUNTEERS SORT, PREPARE, PACK, AND DELIVER SIX DAYS A WEEK. WE PROVIDE FRESH, FROZEN, AND SHELF-STABLE FOOD TO FAITH-BASED AND COMMUNITY ORGANIZATIONS TO FILL THEIR PANTRIES AND SUPPORT THEIR FOOD SHARING PROGRAMS.
PROVIDE FOOD AND FRIENDSHIP TO SENIORS, KIDS AND ADULTS, THE HOMELESS, AND THOSE IN SHELTER IN GREATER PHILADELPHIA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $15,097,232 | $12,284,025 | +0.2% |
| Expenses | $15,479,044 | $12,802,477 | +0.2% |
| Net Income | $-381,812 | $-518,452 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| VINCENT J SCHIAVONE | CHAIRMAN AND CEO | 50.00 |
Officer
Director
|
$0 | $0 | $0 |
| REV MSG JOHN JAGODZINSKI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLENE SPENCER BAYLIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $15,097,232 | $15,479,044 | $1,342,490 | $-381,812 |
| 2024 | $12,284,025 | $12,802,477 | $1,308,535 | $-518,452 |
| 2024 | $12,196,609 | $12,715,061 | $1,308,535 | $-518,452 |
| 2023 | $9,833,885 | $11,152,511 | $1,929,797 | $-1,318,626 |
| 2022 | $9,778,245 | $11,186,283 | $2,884,360 | $-1,408,038 |
| 2021 | $33,673,129 | $33,246,159 | $4,387,251 | $426,970 |
| 2020 | $13,867,196 | $13,093,363 | $3,598,129 | $773,833 |
| 2019 | $2,572,893 | $2,856,814 | $2,614,828 | $-283,921 |
| 2018 | $2,229,385 | $2,224,673 | $2,892,017 | $4,712 |
Compare CARING FOR FRIENDS with other nonprofits in Pennsylvania and across the country.