Friends International Inc (EIN 383720253) - 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

2008

Legal Domicile

Principal Officer

Mark E Turgesen

Phone

9843636835

Tax Period

2023-01-01 to 2023-12-31

Friends International Inc, founded in 2008, is a small nonprofit in the Human Services sector that reported $570K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $569K, a strong 100% operating margin.

Mission

FRIENDS INTERNATIONAL PROVIDES SAFETY, SHELTER, MEALS, MEDICAL CARE, AND EDUCATION FOR UNDERPRIVILEGED CHILDREN IN LAOS, CAMBODIA, AND THAILAND.

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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 (2023)

Revenue Breakdown

Contributions & Grants $569,508

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $569,508

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $806

TOTAL EXPENSES $806

Year-over-Year Comparison

	2023	2022	Change
Revenue	$569,508	$965,457	-0.4%
Expenses	$806	$1,091,911	-1.0%
Net Income	$568,702	$-126,454	-5.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK TURGESEN	PRESIDENT	2.00	Officer	$0	$0	$0
LEONARD KRAUSE	TREASURER	2.00	Officer	$0	$0	$0
WES VEN JOHNSON	SECRETARY	2.00	Officer	$0	$0	$0
JASON ASHER	DIRECTOR	1.00	Officer	$0	$0	$0
KATE BOGAN	DIRECTOR	1.00	Officer	$0	$0	$0
JOHN LOVEJOY	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$569,508	$806	$384,840	$568,702
2022	$965,457	$1,091,911	$14,094	$-126,454
2021	$1,086,496	$1,507,143	$140,548	$-420,647
2020	$1,947,123	$1,498,803	$561,195	$448,320
2019	$432,443	$562,980	$112,875	$-130,537
2018	$829,130	$597,757	$243,412	$231,373

Friends International Inc