FR GENES HELP INC (EIN 391523407) - 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

1985

Legal Domicile

Principal Officer

Patrick McGartland

Phone

4142589023

Tax Period

2023-01-01 to 2023-12-31

FR GENES HELP INC, founded in 1985, is a small nonprofit that reported $921K in total revenue in fiscal year 2023. Revenue surged 348% from the prior year, signaling strong growth momentum. The organization ran a surplus of $599K, a strong 65% operating margin.

Mission

The organization provides free clothing to people in need. We welcome donations of new or clean, gently used clothing and redistribute the donated items. Our mission is to provide dignity through free clothing to people in need within the Milwaukee community.

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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 $824,648

Program Service Revenue $0

Investment Income $96,474

Other Revenue $0

TOTAL REVENUE $921,122

Expense Breakdown

Grants Paid $0

Salaries & Benefits $228,520

Fundraising Expenses $7,157

Program Expenses $228,834

Other Expenses $93,900

TOTAL EXPENSES $322,420

Year-over-Year Comparison

	2023	2022	Change
Revenue	$921,122	$205,519	+3.5%
Expenses	$322,420	$286,881	+0.1%
Net Income	$598,702	$-81,362	-8.4%

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

Volunteers

400

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
Valencia Laws	Director	1	Director	$0	$0	$0
Patrick McGartland	President & Director	3.00	Officer Director	$0	$0	$0
Paul Christensen	Secretary & Director	4	Officer Director	$0	$0	$0
Brian Kennedy	Treasurer & Director	2	Officer Director	$0	$0	$0
Sr Jean Ellman	Director	1	Director	$0	$0	$0
James Wozniak	Director	3	Director	$0	$0	$0
Fr Tim Kitzke	Director	1	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	No data	No data	No data	No data
2023	$921,122	$322,420	$2,607,567	$598,702
2022	$205,519	$286,881	$1,842,055	$-81,362
2021	$353,979	$231,396	$2,191,833	$122,583
2020	$190,826	$159,375	$2,056,005	$31,451
2019	$155,684	$127,322	$1,930,786	$28,362

FR GENES HELP INC