FRIENDS ASSISTING IN RECOVERY INC

EIN: 382727681 501(c)(3) Mental Health

PONTIAC, MI

Total Revenue
$345,000
Total Expenses
$332,233
Total Assets
$61,906
Net Assets
$61,906
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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
1986
Legal Domicile
MI
Principal Officer
FRANK BENION BENION
Phone
2483346667
Tax Period
2024-11-01 to 2025-10-31

FRIENDS ASSISTING IN RECOVERY INC, founded in 1986, is a small nonprofit in the Mental Health sector that reported $345K in total revenue in fiscal year 2024. Expenses of $332K left a modest 4% surplus.

Mission

FAIR PROVIDES SUPPORTS AND COUNSELING TO MENTALLY ILL POOR PEOPLE WITH FOOD SHELTER HYGENE PRODUCTS.

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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 $345,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $345,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $138,048
Fundraising Expenses $0
Program Expenses $265,187
Other Expenses $194,185
TOTAL EXPENSES $332,233

Year-over-Year Comparison

2024 2023 Change
Revenue $345,000 $345,000 N/A
Expenses $332,233 $345,861 0.0%
Net Income $12,767 $-861 -15.8%
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
7
Independent Members
7
Employees
4
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
1
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK BANION EXECUTIVE VICE PRESIDENT 040.00
Officer Director Key Emp Highest
$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 $345,000 $332,233 $61,906 $12,767
2024 $345,000 $345,861 $49,139 $-861
2023 $360,219 $310,219 $50,000 $50,000
2022 $347,197 $291,063 $68,943 $56,134
2021 $345,000 $304,833 $71,339 $40,167
2020 $400,000 No data $400,000 No data
2019 $475,000 No data $475,000 No data
2018 $350,000 $365,000 $360,000 $-15,000
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