FIORENZA'S FOOD FOR FRIENDS (F4)INC

EIN: 452253155 501(c)(3) Human Services

COATESVILLE, PA

Total Revenue
$242,342
Total Expenses
$144,044
Total Assets
$909,735
Net Assets
$907,041
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
PA
Principal Officer
DEREK FIORENZA
Phone
6109557090
Tax Period
2024-01-01 to 2024-12-31

FIORENZA'S FOOD FOR FRIENDS (F4)INC, founded in 2011, is a small nonprofit in the Human Services sector that reported $242K in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $98K, a strong 41% operating margin.

Mission

TO CONNECT SOURCES OF FOOD TO RECIPIENTS IN NEED WITH A LONG-TERM VISION OF CREATING A WORLD WITHOUT HUNGER.

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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 $168,921
Program Service Revenue $0
Investment Income $22,566
Other Revenue $50,855
TOTAL REVENUE $242,342

Expense Breakdown

Grants Paid $0
Salaries & Benefits $129,283
Fundraising Expenses $4,813
Program Expenses $131,560
Other Expenses $14,761
TOTAL EXPENSES $144,044

Year-over-Year Comparison

2024 2023 Change
Revenue $242,342 $147,821 +0.6%
Expenses $144,044 $136,203 +0.1%
Net Income $98,298 $11,618 +7.5%
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

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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
16
Independent Members
15
Employees
2
Volunteers
80

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
4
$81,250
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TED ZOBAIN BOARD CHAIR 2.00
Officer Director
$0 $0 $0
JASON LITMAN TREASURER 2.00
Officer Director
$0 $0 $0
DEREK FIORENZA PRESIDENT 20.00
Officer Director
$0 $0 $0
JOHN TRIG BOARD MEMBER 2.00
Director
$0 $0 $0
MIKE RIST BOARD MEMBER 2.00
Director
$0 $0 $0
ERIC MILLER BOARD MEMBER 5.00
Director
$0 $0 $0
MIKE BACCHINI BOARD MEMBER 2.00
Director
$0 $0 $0
ISABELLA AMBROSINO BOARD MEMBER 2.00
Director
$0 $0 $0
ED BONNET BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL BROOKSHIRE BOARD MEMBER 2.00
Director
$0 $0 $0
RYAN CONTE BOARD MEMBER 2.00
Director
$0 $0 $0
LAURA FITTS BOARD MEMBER 2.00
Director
$0 $0 $0
MIKE JACONELLI BOARD MEMBER 2.00
Director
$0 $0 $0
MICHELLE RISST BOARD MEMBER 2.00
Director
$0 $0 $0
AL STROHMETZ BOARD MEMBER 2.00
Director
$0 $0 $0
BRENDA RUSSELL EXECUTIVE DIRECTOR 50.00
Officer
$65,000 $16,250 $81,250
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 $242,342 $144,044 $909,735 $98,298
2023 $147,821 $136,203 $713,677 $11,618
2022 $129,923 $121,152 $592,167 $8,771
2021 $154,548 $100,726 $713,020 $53,822
2020 $128,972 $82,828 $587,252 $46,144
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