Friends in Knead Inc (EIN 452483868) - 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

2011

Legal Domicile

Principal Officer

Mark Wooldridge

Phone

3149841000

Tax Period

2024-01-01 to 2024-12-31

Friends in Knead Inc, founded in 2011, is a small nonprofit in the Public Safety sector that reported $460K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $520K exceeded revenue, resulting in a 13% operating deficit.

Mission

FRIENDS IN KNEAD PROVIDES CRITICALLY NEEDED FINANCIAL ASSISTANCE TO PANERA ASSOCIATES FACED WITH SEVERE AND UNEXPECTED EMERGENCIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $350,511

Program Service Revenue $0

Investment Income $109,668

Other Revenue $0

TOTAL REVENUE $460,179

Expense Breakdown

Grants Paid $429,659

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $429,659

Other Expenses $90,055

TOTAL EXPENSES $519,714

Year-over-Year Comparison

	2024	2023	Change
Revenue	$460,179	$525,282	-0.1%
Expenses	$519,714	$387,266	+0.3%
Net Income	$-59,535	$138,016	-1.4%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
Greg Reynolds	Director	Director	$0	$0	$0
Helen Galanopoulos	Secretary	Officer Director	$0	$0	$0
Mark D Wooldridge	Director	Director	$0	$0	$0
Alycia Gonzalez	Director	Director	$0	$0	$0
Laurie Shaw	Director	Director	$0	$0	$0
KJ Payette	President	Officer	$0	$0	$0
Angela Rhoads	Treasurer	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	$460,179	$519,714	$2,169,151	$-59,535
2023	$525,282	$387,266	$2,230,730	$138,016
2022	$469,950	$311,864	$2,096,700	$158,086
2021	$475,667	$245,184	$1,941,883	$230,483
2020	$1,506,035	$945,770	$1,710,751	$560,265
2019	$456,916	$216,018	$1,138,219	$240,898

Friends in Knead Inc