FRIENDSHIP HOUSE INC (EIN 390842383) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1940

Legal Domicile

Principal Officer

DELBERT P HAAS

Phone

9204581972

Tax Period

2024-01-01 to 2024-12-31

FRIENDSHIP HOUSE INC, founded in 1940, is a small nonprofit in the Human Services sector that reported $605K in total revenue in fiscal year 2024. Net assets of $1.7M represent 33 months of operating reserves.

Mission

OPERATING A GROUP HOME FOR TROUBLED BOYS LICENSED UNDER WISCONSIN STATUTE SECTION 48.625.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $536,755

Program Service Revenue $0

Investment Income $67,368

Other Revenue $433

TOTAL REVENUE $604,556

Expense Breakdown

Grants Paid $0

Salaries & Benefits $405,971

Fundraising Expenses $0

Program Expenses $442,979

Other Expenses $180,934

TOTAL EXPENSES $586,905

Year-over-Year Comparison

	2024	2023	Change
Revenue	$604,556	$586,644	+0.0%
Expenses	$586,905	$597,308	0.0%
Net Income	$17,651	$-10,664	-2.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE ALDAG	PRESIDENT & DIRECTOR	0.30	Officer Director	$0	$0	$0
STEVEN WESTPHAL	VP, SECRETARY, & DIRECTOR	0.50	Officer Director	$0	$0	$0
DELBERT P HAAS	CHAIR & DIRECTOR	0.30	Officer Director	$0	$0	$0
JEFF WOLF	DIRECTOR	0.30	Director	$0	$0	$0
LAURA KOHLER	DIRECTOR	0.30	Director	$0	$0	$0
ANNE SELLEN	TREASURER	0.80	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	$604,556	$586,905	$1,674,793	$17,651
2023	$586,644	$597,308	$1,545,676	$-10,664
2022	$536,009	$553,284	$1,436,694	$-17,275
2021	$671,717	$458,864	$1,743,782	$212,853
2020	$458,740	$444,163	$1,510,648	$14,577
2019	$521,060	$491,125	$1,329,970	$29,935
2018	$471,060	$470,646	$1,166,904	$414

FRIENDSHIP HOUSE INC