FRIEDA COMMUNITY (EIN 301253565) - Form 990 Financial Analysis & Trantor Score

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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

2021

Legal Domicile

Principal Officer

DAVID WONG FAT

Phone

9177443954

Tax Period

2024-01-01 to 2024-12-31

FRIEDA COMMUNITY, founded in 2021, is a small nonprofit in the Human Services sector that reported $236K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO CREATE GENUINE CONNECTIONS BETWEEN PEOPLE OF ALL GENERATIONS AND ALL SOCIAL, CULTURAL, AND ETHNIC BACKGROUNDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $65,110

Program Service Revenue $170,942

Investment Income $0

Other Revenue $0

TOTAL REVENUE $236,052

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,464

Fundraising Expenses $0

Program Expenses $196,485

Other Expenses $211,149

TOTAL EXPENSES $239,613

Year-over-Year Comparison

	2024	2023	Change
Revenue	$236,052	$205,377	+0.1%
Expenses	$239,613	$204,380	+0.2%
Net Income	$-3,561	$997	-4.6%

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

N/A

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
ANNE MARIE BAZZANI	TREASURER	5.00	Officer	$0	$0	$0
DAVID WONG FAT	PRESIDENT	10.00	Officer	$0	$0	$0
ELLEN RAVIN	SECRETARY	2.00	Officer	$0	$0	$0
KELLY GRATTAN	VICE PRESIDENT	5.00	Officer	$0	$0	$0
THOMAS STEINBORN	CURRATOR	5.00	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
2024	$236,052	$239,613	$14,620	$-3,561
2023	$205,377	$129,209	$91,984	$76,168

FRIEDA COMMUNITY