FRIENDS OF ST MALACHY

EIN: 232837410 501(c)(3) Philanthropy & Grantmaking

PHILADELPHIA, PA

Total Revenue
$227,774
Total Expenses
$87,976
Total Assets
$820,202
Net Assets
$820,202
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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
1996
Legal Domicile
PA
Principal Officer
JULIE HENRICH
Phone
2157631305
Tax Period
2024-07-01 to 2025-06-30

FRIENDS OF ST MALACHY, founded in 1996, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $228K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $140K, a strong 61% operating margin.

Mission

THE PURPOSE OF THE FRIENDS IS TO SUPPORT ST. MALACHY SCHOOL AND PARISH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $175,597
Program Service Revenue $0
Investment Income $47,177
Other Revenue $5,000
TOTAL REVENUE $227,774

Expense Breakdown

Grants Paid $81,815
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $81,815
Other Expenses $6,161
TOTAL EXPENSES $87,976

Year-over-Year Comparison

2024 2023 Change
Revenue $227,774 $176,218 +0.3%
Expenses $87,976 $79,137 +0.1%
Net Income $139,798 $97,081 +0.4%
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
16
Independent Members
16
Employees
N/A
Volunteers
15

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
1
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRACEY MCDEVITT HAGAN ESQ PRESIDENT 2.00
Officer Director
$0 $0 $0
KEVIN O'BRIEN ESQ BOARD MEMBER 2.00
Director
$0 $0 $0
JASON BRENNAN BOARD MEMBER 2.00
Director
$0 $0 $0
DOROTHY MCKENNA BROWN BOARD MEMBER 2.00
Director
$0 $0 $0
GRAINNE PERGOLINI BOARD MEMBER 2.00
Director
$0 $0 $0
JULIE HENRICH BOARD MEMBER 2.00
Director
$0 $0 $0
LISA K HOOVER BOARD MEMBER 2.00
Director
$0 $0 $0
CAROLYN JONES BOARD MEMBER 2.00
Director
$0 $0 $0
BYRON MCCOOK BOARD MEMBER 2.00
Director
$0 $0 $0
RICHARD NOURIE BOARD MEMBER 2.00
Director
$0 $0 $0
VICTORIA PARENTE BOARD MEMBER 2.00
Director
$0 $0 $0
DANIEL PICKENS BOARD MEMBER 2.00
Director
$0 $0 $0
VINCE F REILLY ESQ BOARD MEMBER 2.00
Director
$0 $0 $0
RUTH SIGMUND BOARD MEMBER 2.00
Director
$0 $0 $0
RISHAUN HALL BOARD MEMBER 2.00
Director
$0 $0 $0
APRIL GARCIA BOARD MEMBER 2.00
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 $227,774 $87,976 $820,202 $139,798
2024 $176,218 $79,137 $668,909 $97,081
2023 $167,640 $157,407 $537,406 $10,233
2022 $476,891 $222,626 $519,525 $254,265
2021 $113,972 $157,409 $347,138 $-43,437
2020 $250,731 $125,274 $370,518 $125,457
2019 $127,874 $149,928 $245,850 $-22,054
2018 $163,189 $89,914 $266,520 $73,275
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