Friends of Family Services

EIN: 300512331 501(c)(3) Human Services

Hanscom AFB, MA

Total Revenue
$4,250
Total Expenses
$7,358
Total Assets
$31,755
Net Assets
$31,755
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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
MA
Phone
7812252765
Tax Period
2025-01-01 to 2025-12-31

Friends of Family Services, founded in 2008, is a micro nonprofit in the Human Services sector that reported $4K in total revenue in fiscal year 2025. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $7K exceeded revenue, resulting in a 73% operating deficit.

Mission

To provide aid and support to deployed Airmen and their families.

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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 (2025)

Revenue Breakdown

Contributions & Grants $4,250
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,250

Expense Breakdown

Grants Paid $6,417
Salaries & Benefits $0
Fundraising Expenses $52
Program Expenses $6,626
Other Expenses $941
TOTAL EXPENSES $7,358

Year-over-Year Comparison

2025 2024 Change
Revenue $4,250 $7,435 -0.4%
Expenses $7,358 $7,967 -0.1%
Net Income $-3,108 $-532 +4.8%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
2

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nancy L Budenas Treasurer/Secretary 10.00
Officer Director
$0 $0 $0
Paul D'Addario Chair Person 10.00
Officer 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 $4,250 $7,358 $31,755 $-3,108
2024 $7,435 $7,967 $34,863 $-532
2023 $7,830 $8,348 $35,395 $-518
2022 $16,460 $5,375 $35,913 $11,085
2021 $4,359 $10,175 $24,828 $-5,816
2020 $7,829 $5,929 $30,606 $1,900
2019 $10,960 $10,052 $28,706 $908
2018 $12,337 $7,507 $27,798 $4,830
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