FRIENDSHIP WESTSIDE CHARITIES INC

EIN: 351532872 501(c)(3)

INDIANAPOLIS, IN

Total Revenue
$84,694
Total Expenses
$84,732
Total Assets
N/A
Net Assets
N/A
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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
1982
Legal Domicile
IN
Principal Officer
MARVIN WEDDLE
Phone
3173315477
Tax Period
2021-01-01 to 2021-12-31

FRIENDSHIP WESTSIDE CHARITIES INC, founded in 1982, is a micro nonprofit that reported $85K in total revenue in fiscal year 2021. Revenue decreased 14% compared to the prior year.

Mission

RELIGIOUS, EDUCATIONAL SERVICES, EARLY CHILDHOOD LEARNING,LOCAL CHURCH ORGANIZATION SUPPORT, COMMUNITY RESIDENTS IN NEED, JOB SKILLS

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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 (2021)

Revenue Breakdown

Contributions & Grants $43,894
Program Service Revenue $40,800
Investment Income $0
Other Revenue $0
TOTAL REVENUE $84,694

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $84,770
Other Expenses $84,732
TOTAL EXPENSES $84,732

Year-over-Year Comparison

2021 2020 Change
Revenue $84,694 $98,333 -0.1%
Expenses $84,732 $98,310 -0.1%
Net Income $-38 $23 -2.7%
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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARVIN WEDDLE EXECUTIVE DIRECTOR 5
Director
$0 $0 $0
DEAN JOHNSON TREASURER 2
Officer
$0 $0 $0
CHARLES DEBOW OFFICER 2
Officer
$0 $0 $0
WILLIAM THOMPSON OFFICER 2
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
2021 $84,694 $84,732 No data $-38
2020 $98,333 $98,310 $38 $23
2019 $112,759 $125,870 $15 $-13,111
2018 $235,056 $230,164 $13,126 $4,892
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