FRIENDSHIP FOUNDATION INC (EIN 311571018) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

CRAIG CLOUD

Phone

4799672322

Tax Period

2022-07-01 to 2023-06-30

FRIENDSHIP FOUNDATION INC, founded in 1997, is a small nonprofit that reported $146K in total revenue in fiscal year 2019. Expenses of $216K exceeded revenue, resulting in a 48% operating deficit.

Mission

RAISE FUNDS IN SUPPORT OF FRIENDSHIP COMMUNITY CARE INC 71-0433583

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $24,985

Program Service Revenue $0

Investment Income $90,807

Other Revenue $0

TOTAL REVENUE $115,792

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,373

Fundraising Expenses $165,553

Other Expenses $127,180

TOTAL EXPENSES $165,553

Year-over-Year Comparison

	2022	2021	Change
Revenue	$115,792	$164,262	-0.3%
Expenses	$165,553	$547,637	-0.7%
Net Income	$-49,761	$-383,375	-0.9%

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

$425,084

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HUNTER BALE	DIRECTOR	1.00	Director	$0	$0	$0
JULIE BARBER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BROCK	DIRECTOR	1.00	Officer Director	$0	$0	$0
JOHNNY CHAMBERS	DIRECTOR	1.00	Director	$0	$0	$0
LUKE DUFFIELD	DIRECTOR	1.00	Director	$0	$0	$0
GREG HATCHER	DIRECTOR	1.00	Director	$0	$0	$0
VICKIE HENDERSON	DIRECTOR	1.00	Director	$0	$0	$0
SENA CRAFTON	DIRECTOR	1.00	Director	$0	$0	$0
ANDY MCNEIL	DIRECTOR	1.00	Director	$0	$0	$0
LIBBY SCHALLER	DIRECTOR	1.00	Director	$0	$0	$0
GORDON SHIRRON	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY STREET	CHAIRMAN	40.00	Director	$0	$0	$0
CLAY YOUNG	DIRECTOR	0.00	Director	$0	$0	$0
CRAIG CLOUD	EX-OFFICIO CEO	1.00	Officer	$0	$0	$201,042
CINDY MAHAN	EX OFFICIO DIRECTOR	40.00	Officer	$0	$0	$224,042

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	No data	No data	No data	No data
2023	$115,792	$165,553	$1,035,427	$-49,761
2022	$164,262	$547,637	$1,277,635	$-383,375
2021	$882,225	$625,563	$1,230,414	$256,662
2020	$146,103	$216,068	$93,566	$-69,965

FRIENDSHIP FOUNDATION INC