FRIENDSHIP CIRCLE OF BROOKLYN INC (EIN 462740024) - 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

2013

Legal Domicile

Phone

7189078835

Tax Period

2024-01-01 to 2024-12-31

FRIENDSHIP CIRCLE OF BROOKLYN INC, founded in 2013, is a community nonprofit in the Youth Development sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $988K left a modest 8% surplus.

Mission

Friendship Circle provides assistance and support to nearly three hundred individuals with special needs and their families by providing financial, recreational, social, educational, and vocational programming. In addition to helping those in need, the Friendship Circle enriches its vast network of volunteers by enabling them to reap therewards of selfless giving.

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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 $866,269

Program Service Revenue $0

Investment Income $259

Other Revenue $207,306

TOTAL REVENUE $1,073,834

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,196

Fundraising Expenses $43,760

Program Expenses $804,571

Other Expenses $784,160

TOTAL EXPENSES $988,356

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,073,834	$1,081,251	0.0%
Expenses	$988,356	$917,867	+0.1%
Net Income	$85,478	$163,384	-0.5%

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

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

300

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

$43,320

Total Directors

$43,320

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOV MAJESKY	President	40.00	Officer Director	$43,320	$0	$43,320
YESHAIA TARSHISH	Treasurer	2.00	Officer Director	$0	$0	$0
SHIMON SABOL	Secretary	2.00	Officer 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	$1,073,834	$988,356	$2,560,273	$85,478
2023	$1,081,251	$917,867	$1,288,246	$163,384
2022	$1,003,698	$671,261	$1,124,443	$332,437
2021	$746,305	$630,465	$331,137	$115,840
2020	$504,935	$435,145	$200,565	$69,790
2019	$516,038	$521,213	$108,119	$-5,175
2018	$564,421	$541,597	$120,529	$22,824

FRIENDSHIP CIRCLE OF BROOKLYN INC