Friars Club Inc

EIN: 310537485 501(c)(3)

Cincinnati, OH

Total Revenue
$856,742
Total Expenses
$944,216
Total Assets
$1,574,380
Net Assets
$1,497,487
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1934
Legal Domicile
OH
Phone
5133815432
Tax Period
2024-07-01 to 2025-06-30

Friars Club Inc, founded in 1934, is a small nonprofit that reported $857K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $944K exceeded revenue, resulting in a 10% operating deficit.

Mission

The Friars Club, a Catholic, Franciscan Ministry, develops valuable life skills in our youth

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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 (2024)

Revenue Breakdown

Contributions & Grants $670,628
Program Service Revenue $180,102
Investment Income $242
Other Revenue $5,770
TOTAL REVENUE $856,742

Expense Breakdown

Grants Paid $0
Salaries & Benefits $361,354
Fundraising Expenses $89,024
Program Expenses $720,548
Other Expenses $582,862
TOTAL EXPENSES $944,216

Year-over-Year Comparison

2024 2023 Change
Revenue $856,742 $760,204 +0.1%
Expenses $944,216 $926,459 +0.0%
Net Income $-87,474 $-166,255 -0.5%
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
15
Independent Members
15
Employees
8
Volunteers
100

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
$107,185
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Schuermann Secretary 1.0
Officer Director
$0 $0 $0
John O'Connor Treasurer 1.0
Officer Director
$0 $0 $0
Maureen Sweeney Vice Chair 1.0
Officer Director
$0 $0 $0
Mike Besl Chairman 2.0
Officer Director
$0 $0 $0
Br Michael Charron Board Member 0.5
Director
$0 $0 $0
Brian Fitzgerald Board Member 0.5
Director
$0 $0 $0
Charles Fredrick Board Member 0.5
Director
$0 $0 $0
Eric Mueller Board Member 0.5
Director
$0 $0 $0
Fr Dan Kroger Board Member 0.5
Director
$0 $0 $0
Jeffrey Hock Board Member 0.5
Director
$0 $0 $0
Kevin Coker Board Member 0.5
Director
$0 $0 $0
Nicole Dowdell Board Member 0.5
Director
$0 $0 $0
Patrick Veith Board Member 0.5
Director
$0 $0 $0
Sharon Merrill Board Member 0.5
Director
$0 $0 $0
Tom Finn Board Member 0.5
Director
$0 $0 $0
Annie Timmons Executive Director 50.0
Officer
$94,961 $12,224 $107,185
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 $856,742 $944,216 $1,574,380 $-87,474
2024 $760,204 $926,459 $1,653,406 $-166,255
2023 $607,913 $873,370 $1,783,917 $-265,457
2022 $670,823 $836,240 $2,095,720 $-165,417
2021 $687,545 $687,773 $2,297,288 $-228
2020 $536,800 $732,202 $2,285,992 $-195,402
2019 $1,067,249 $729,042 $2,450,673 $338,207
2018 $805,082 $653,358 $2,670,710 $151,724
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