FRIENDS OF THE POOR

EIN: 260046876 501(c)(3)

SCRANTON, PA

Total Revenue
$633,000
Total Expenses
$951,810
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
PA
Principal Officer
MEGHAN LOFTUS
Phone
5703406086
Tax Period
2025-01-01 to 2025-07-31

FRIENDS OF THE POOR, founded in 2001, is a small nonprofit that reported $633K in total revenue in fiscal year 2025. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $952K exceeded revenue, resulting in a 50% operating deficit.

Mission

THE MISSION OF FRIENDS OF THE POOR IS TO BRING TOGETHER IN FRIENDSHIP THOSE WHO HAVE THE DESIRE TO GIVE WITH THOSE WHO ARE IN NEED OF ASSISTANCE, IN ORDER TO EASE THE BURDEN OF LIVING IN POVERTY AND ENHANCE THE QUALITY OF LIFE FOR ALL.

Program Service Accomplishments

Program 1
Expenses: $127,500

FAMILY TO FAMILY: PROGRAM STARTED IN 1986 TO PROVIDE NEEDY FAMILIES IN THE COMMUNITY WITH FOOD AND DINNER BASKETS DURING THE THANKSGIVING HOLIDAY SEASON. ANNUALLY, THE PROGRAM FEEDS APPROXIMATELY...

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FAMILY TO FAMILY: PROGRAM STARTED IN 1986 TO PROVIDE NEEDY FAMILIES IN THE COMMUNITY WITH FOOD AND DINNER BASKETS DURING THE THANKSGIVING HOLIDAY SEASON. ANNUALLY, THE PROGRAM FEEDS APPROXIMATELY 20,000 PEOPLE AND THROUGHOUT THE PROGRAM'S HISTORY HAS PROVIDED OVER 300,000 PEOPLE WITH THANKSGIVING DINNERS. IN 2025, THE PROGRAM SERVED 5,195 INDIVIDUALS ACROSS THREE SEASONAL FOOD DISTRIBUTIONS (EASTER, THANKSGIVING, AND CHRISTMAS).

Program 2
Expenses: $210,986

FOOD PANTRIES: 88,500 INDIVIDUALS SERVED FROM 1/1/25-7/31/25 ACROSS 14 FULL AND PART-TIME FOOD PANTRIES IN LACKAWANNA COUNTY.

Program 3
Expenses: $3,325

CHILDREN'S PROGRAMS: SEVERAL EDUCATIONAL AND SOCIAL PROGRAMS FOR CHILDREN HOSTED THROUGHOUT THE YEAR.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $600,668
Program Service Revenue $0
Investment Income $32,332
Other Revenue $0
TOTAL REVENUE $633,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $490,497
Fundraising Expenses $51,679
Program Expenses $700,662
Other Expenses $461,313
TOTAL EXPENSES $951,810

Year-over-Year Comparison

2025 2024 Change
Revenue $633,000 $1,458,886 -0.6%
Expenses $951,810 $1,909,667 -0.5%
Net Income $-318,810 $-450,781 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
11
Employees
18
Volunteers
223

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
5
$62,158
Total Directors
13
$62,158
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGHAN LOFTUS PRESIDENT & CEO, EX-OFFICI 40.00
Officer Director
$60,348 $1,810 $62,158
KATIE RICHARDSON-ENGLES ESQ CHAIR 1.00
Officer Director
$0 $0 $0
LEE TERMINI VICE CHAIR 1.00
Officer Director
$0 $0 $0
SEAN MCANDREW TREASURER 1.00
Officer Director
$0 $0 $0
SISTER MARY KATHLEEN FALISKIE IHM SECRETARY 1.00
Officer Director
$0 $0 $0
SISTER ELIZABETH DEMERCHANT IHM DIRECTOR 1.00
Director
$0 $0 $0
EDWIN A ABRAHAMSENJR ESQ DIRECTOR 1.00
Director
$0 $0 $0
SISTER SUSAN ARMBRUSTER IHM DIRECTOR, EX-OFFICIO 1.00
Director
$0 $0 $0
TODD POUSLEY DIRECTOR 1.00
Director
$0 $0 $0
JACOB GILBOY ESQ DIRECTOR 1.00
Director
$0 $0 $0
KATIE ABRAHAMSEN BORER MS RD LDN DIRECTOR 1.00
Director
$0 $0 $0
PETER MOYLAN DIRECTOR 1.00
Director
$0 $0 $0
JOHN MCGOVERN JR ESQ CPA DIRECTOR 1.00
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 $633,000 $951,810 No data $-318,810
2024 $1,458,886 $1,909,667 $3,714,713 $-450,781
2023 $1,558,964 $1,559,981 $3,889,981 $-1,017
2022 $1,509,407 $1,268,994 $3,705,281 $240,413
2021 $1,603,187 $909,768 $3,607,991 $693,419
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