FRIENDS OF UNCLE MIKE INC (EIN 364188163) - 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

1997

Legal Domicile

Principal Officer

PATRICK LYNCH

Phone

7083737581

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF UNCLE MIKE INC, founded in 1997, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $79K in total revenue in fiscal year 2018. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $26K, a strong 33% operating margin.

Mission

PROVIDE ECONOMIC AND EDUCATION ASSISTANCE TO THE NEEDY AND LESS FORTUNATE YOUTH TO CREATE OPPORTUNITIES FOR THEM TO ACHIEVE THEIR GOALS AND BECOME A SUCCESSFUL PART OF SOCIETY.

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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 $176,614

Program Service Revenue $0

Investment Income $731

Other Revenue $-59,093

TOTAL REVENUE $118,252

Expense Breakdown

Grants Paid $116,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $121,509

Other Expenses $5,509

TOTAL EXPENSES $121,509

Year-over-Year Comparison

	2024	2023	Change
Revenue	$118,252	$105,524	+0.1%
Expenses	$121,509	$173,863	-0.3%
Net Income	$-3,257	$-68,339	-1.0%

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

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
PATRICK LYNCH	PRESIDENT	1.0	Officer Director	$0	$0	$0
KEVIN LYNCH	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
MICHAEL LANIGAN	CHAIRMAN	1.0	Officer Director	$0	$0	$0
JEANNE CUNNINGHAM	SECRETARY	1.0	Officer Director	$0	$0	$0
BRIAN LYNCH	BOARD MEMBER	1.0	Director	$0	$0	$0
JERRY LYNCH	BOARD MEMBER	1.0	Director	$0	$0	$0
THOMAS LYNCH	BOARD MEMBER	1.0	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
2024	$118,252	$121,509	$412,580	$-3,257
2023	$105,524	$173,863	$415,837	$-68,339
2021	$106,159	$78,547	$485,964	$27,612
2020	$81,535	$72,797	$458,352	$8,738
2019	$77,008	$95,053	$449,614	$-18,045
2018	$78,984	$53,202	$467,659	$25,782

FRIENDS OF UNCLE MIKE INC