FRIENDSHIP MEDICAL CLINIC INC

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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

Principal Officer

PATTY GRESKO

Phone

8433477199

Tax Period

2025-01-01 to 2025-12-31

FRIENDSHIP MEDICAL CLINIC INC is a community nonprofit in the Health Care sector that reported $3.4M in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year.

Mission

PROVIDE MEDICAL SERVICES TO THE INDIGENT

Program Service Accomplishments

Program 1

Expenses: $3,353,966

PROVIDE MEDICAL SERVICES TO THE INDIGENT. IN CARRYING OUT ITS MISSION TO PROVIE MEDICAL SERVICES TO TO THE INDIGENT, THE ORGANIZATION OPERATED FROM FACILITIES PROVIDED BY AN UNRELATED DONOR. THE...

PROVIDE MEDICAL SERVICES TO THE INDIGENT. IN CARRYING OUT ITS MISSION TO PROVIE MEDICAL SERVICES TO TO THE INDIGENT, THE ORGANIZATION OPERATED FROM FACILITIES PROVIDED BY AN UNRELATED DONOR. THE ESTIMATED FAIR RENTAL VALUE OF THE DONATED USE OF THESE FACILITIES FOR THE YEAR WAS 92,400. ALSO, THE ORGANIZATION RECEIVED DONATED PROFESSIONAL SERVICES OF ESTIMATED VALUES: ACCOUNTING 3,600 CLINIC LABOR 86,793 CONWAY HOSPITAL 52,960 LAB, CAR, RADIOLOGY 133,541 PHARMACY LABOR 12,250 DR APPOINTMENTS 109,200 BOARD MEMBERS 7,200 DENTAL SERVICES 10,013 THESE CONTRIBUTED SERVICES ENHANCED THE ORGANIZATIONS ABILITY TO PROVIDE MEDICAL SERVICES TO THE INDIGENT. THE VALUE IS DISCLOSED IN THIS NARRATIVE ONLY AND IS NOT INCLUDED IN THE REVENUE OR EXPENSE AMOUNTS REPORTED.

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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 (2025)

Revenue Breakdown

Contributions & Grants $3,351,182

Program Service Revenue $55,317

Investment Income $4,278

Other Revenue $0

TOTAL REVENUE $3,410,777

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,738

Fundraising Expenses $0

Program Expenses $3,353,966

Other Expenses $3,259,162

TOTAL EXPENSES $3,379,900

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,410,777	$3,889,228	-0.1%
Expenses	$3,379,900	$3,871,840	-0.1%
Net Income	$30,877	$17,388	+0.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATTY GRESKO	EXECUTIVE DI	N/A	Director	$0	$0	$0
PETER HEARN	ATTORNEY AT	N/A	Director	$0	$0	$0
EWA MARCINKOWSKA MD	DIRECTOR	N/A	Director	$0	$0	$0
REGINALD F DAVES MD	MEDICAL DIRE	N/A	Director	$0	$0	$0
JANICE SIMMONS	PRESIDENT	N/A	Officer Director	$0	$0	$0
DAWN RIDER	TREASURER	N/A	Officer	$0	$0	$0
DAWN RIDER	SECRETARY	N/A	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
2025	$3,410,777	$3,379,900	$296,866	$30,877
2024	$3,889,228	$3,871,840	$266,148	$17,388
2023	$4,171,184	$4,139,622	$248,601	$31,562
2022	$3,514,642	$3,552,640	$215,585	$-37,998
2021	$3,103,821	$3,056,283	$254,243	$47,538
2020	$2,500,674	$2,461,230	$206,388	$39,444
2019	$2,176,316	$2,145,185	$168,055	$31,131
2018	$2,359,774	$2,329,067	$137,651	$30,707