FRIENDSHIP CLUB 2

EIN: 261645936 501(c)(3) Mental Health

Hialeah, FL

Total Revenue
$31,801
Total Expenses
$34,601
Total Assets
$-101
Net Assets
$-101
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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
2008
Legal Domicile
FL
Principal Officer
Lewis Waldron
Phone
3058219313
Tax Period
2023-01-01 to 2023-12-31

FRIENDSHIP CLUB 2, founded in 2008, is a micro nonprofit in the Mental Health sector that reported $32K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

A charitable social club which provides personal contact and face-to-face fellowship and relief for individuals seeking freedom and relief from alcohol and drug addiction. The main activity is recovery-centered group meetings offered three times per day for club members.

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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 (2023)

Revenue Breakdown

Contributions & Grants $31,801
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $31,801

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $34,601
Other Expenses $34,601
TOTAL EXPENSES $34,601

Year-over-Year Comparison

2023 2022 Change
Revenue $31,801 $36,050 -0.1%
Expenses $34,601 $36,446 -0.1%
Net Income $-2,800 $-396 +6.1%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Regina Russell Officer 0
Officer
$0 $0 $0
Alejandro Robles Officer 0
Officer
$0 $0 $0
Daniel Boylan Offier 0
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
2023 $31,801 $34,601 $-101 $-2,800
2022 $36,050 $36,446 $2,699 $-396
2021 $29,700 $28,805 $3,095 $895
2020 $30,700 $29,805 $2,200 $895
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