FRIENDS WITH BENEFIT CHARITY EVENTS INC (EIN 320532939) - 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

2017

Legal Domicile

Principal Officer

RAE AGOSTINO

Phone

4807129352

Tax Period

2025-01-01 to 2025-12-31

FRIENDS WITH BENEFIT CHARITY EVENTS INC, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $769K in total revenue in fiscal year 2025. Revenue surged 122% from the prior year, signaling strong growth momentum.

Mission

WE ARE COMMITTED TO FOSTERING UNITY AND RAISING FUNDS FOR VARIOUS CAUSES BY ORGANIZING ENGAGING FUNDRAISING EVENTS AND CAMPAIGNS. 2025 INCLUDED GRANTING FUNDS TO ST. JUDE CHILDREN'S RESEARCH HOSPITAL AND THE V FOUNDATION. BY PARTICIPATING IN THESE EVENTS AND DONATIONS, FRIENDS WITH BENEFIT CHARITY EVENTS INC. CONTRIBUTES TO MAKING A POSITIVE IMPACT IN VARIOUS COMMUNITIES.

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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 $70,782

Program Service Revenue $158,069

Investment Income $-3,593

Other Revenue $543,578

TOTAL REVENUE $768,836

Expense Breakdown

Grants Paid $23,875

Salaries & Benefits $119,422

Fundraising Expenses $416,472

Program Expenses $233,593

Other Expenses $696,469

TOTAL EXPENSES $839,766

Year-over-Year Comparison

	2025	2024	Change
Revenue	$768,836	$347,090	+1.2%
Expenses	$839,766	$229,511	+2.7%
Net Income	$-70,930	$117,579	-1.6%

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

Volunteers

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

$50,900

Total Directors

$50,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAE AGOSTINO	EXECUTIVE DIRECTOR	40	Officer Director	$50,900	$0	$50,900
SLOAN PAXTON	PRESIDENT	10	Officer Director	$0	$0	$0
CELESTE HANSON	SECRETARY	1	Officer Director	$0	$0	$0
JOHN O'LEARY	TREASURER	1	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	$768,836	$839,766	$3,789	$-70,930
2024	$347,090	$229,511	$92,291	$117,579
2023	$200,731	$260,044	$13,375	$-59,313
2022	$256,509	$226,241	$197,852	$30,268
2021	$347,388	$351,903	$150,417	$-4,515
2020	$76,092	$275,745	$154,731	$-199,653
2019	$303,164	$146,951	$205,833	$156,213
2018	$89,085	$41,123	$47,962	$47,962

FRIENDS WITH BENEFIT CHARITY EVENTS INC