FRIENDS OF REGGIO INC

EIN: 461974305 501(c)(3) Youth Development

ALPHARETTA, GA

Total Revenue
$16,356
Total Expenses
$10,925
Total Assets
$12,110
Net Assets
$12,110
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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
2013
Legal Domicile
GA
Principal Officer
WILLIAM ASP
Phone
4049667438
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF REGGIO INC, founded in 2013, is a micro nonprofit in the Youth Development sector that reported $16K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $5K, a strong 33% operating margin.

Mission

TO SUPPORT SCHOOLS THAT ARE INSPIRED BY THE REGGIO EMILIA TEACHING PHILOSOPHY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $16,356
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $16,356

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,730
Other Expenses $10,925
TOTAL EXPENSES $10,925

Year-over-Year Comparison

2025 2024 Change
Revenue $16,356 $18,966 -0.1%
Expenses $10,925 $23,321 -0.5%
Net Income $5,431 $-4,355 -2.2%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM ASP CEO N/A
Officer
$0 $0 $0
CAITLYN MATHES SECRETARY N/A
Officer
$0 $0 $0
TERA THARP CFO N/A
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
2025 $16,356 $10,925 $12,110 $5,431
2024 $18,966 $23,321 $6,679 $-4,355
2023 $8,274 $5,950 $11,035 $2,324
2022 $8,286 $4,738 $8,711 $3,548
2021 $6,754 $6,274 $5,163 $480
2020 $21,785 $26,021 $4,683 $-4,236
2019 $10,117 $7,689 $8,919 $2,428
2018 $13,269 $11,187 $6,491 $2,082
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