Chicago, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CARE FOR FRIENDS, founded in 2012, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 301% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 77% operating margin.
Care for Friends provides fundamental food, clothing and healthcare programs for individuals in Chicago experiencing or at risk of homelessness. Our "no questions asked" policy removes the most common barriers to assistance and allows us to connect service providers with our guests. As a community hub, the trust and relationships we create with our guests help them build pathways out of homelessness.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,989,368 | $496,386 | +3.0% |
| Expenses | $467,274 | $356,322 | +0.3% |
| Net Income | $1,522,094 | $140,064 | +9.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Hope Pavich | Executive Director | 40 |
Key Emp
Highest
|
$106,000 | $0 | $106,000 |
| John Gavin | Secretary | 2 |
Director
|
$0 | $0 | $0 |
| Felicia Balmaseda | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Mark Bean | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| David Berkley | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Morag Fullilove | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Will King | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Ibe Mbanu | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Emily Sachs Wong | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Helen Valkavich | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Brad Hudson | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| F J Phillips | President | 5 |
Director
|
$0 | $0 | $0 |
| John Van Stee | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Louise Anderson | Treasurer | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,989,368 | $467,274 | $3,256,663 | $1,522,094 |
| 2023 | $496,386 | $356,322 | $493,676 | $140,064 |
| 2022 | $383,798 | $313,984 | $331,173 | $69,814 |
| 2021 | $368,025 | $279,275 | $246,239 | $88,750 |
| 2020 | $308,195 | $258,948 | $151,897 | $49,247 |
Compare CARE FOR FRIENDS with other nonprofits in Illinois and across the country.