THE HOUSTON FRIENDSHIP AND WELLNESS CIRCLE INC (EIN 464596952) - 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

2014

Legal Domicile

Principal Officer

DAVID GOLDSTEIN

Phone

2815897188

Tax Period

2024-01-01 to 2024-12-31

THE HOUSTON FRIENDSHIP AND WELLNESS CIRCLE INC, founded in 2014, is a small nonprofit in the Youth Development sector that reported $256K in total revenue in fiscal year 2024.

Mission

THE HOUSTON FRIENDSHIP AND WELLNESS CIRCLE WAS ESTABLISHED WITH THE GOAL OF BRINGING FRIENDS AND SMILES TO CHILDREN & ADULTS WITH SPECIAL NEEDS AND PEACE OF MIND TO THEIR OF PARENTS; TO FOSTER THE VALUES OF VOLUNTEERISM AND COMPASSION AMOUNG OUR YOUTH; AND TO ULITMATELY REALIZE THE COMMUNITY'S RESPONSIBILITY FOR ITS' MEMBERS WITH SPECIAL NEEDS.

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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 $0

Program Service Revenue $255,665

Investment Income $0

Other Revenue $0

TOTAL REVENUE $255,665

Expense Breakdown

Grants Paid $0

Salaries & Benefits $106,718

Fundraising Expenses $0

Program Expenses $259,730

Other Expenses $153,012

TOTAL EXPENSES $259,730

Year-over-Year Comparison

	2024	2023	Change
Revenue	$255,665	$250,558	+0.0%
Expenses	$259,730	$255,749	+0.0%
Net Income	$-4,065	$-5,191	-0.2%

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

Governance

Voting Members

Independent Members

Employees

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

$62,292

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCHNEUR LAZARUS	VICE PRESIDE	40.00	Officer	$62,292	$0	$62,292
DAVID GOLDSTEIN	DIRECTOR	N/A	Officer Director	$0	$0	$0
SHIMON LAZAROFF	DIRECTOR	N/A	Director	$0	$0	$0
BETZALEL MARINOVSKY	DIRECTOR	N/A	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	$255,665	$259,730	$94,118	$-4,065
2023	$250,558	$255,749	$106,457	$-5,191
2022	$230,758	$248,332	$222,173	$-17,574
2021	$209,207	$261,390	$255,282	$-52,183
2020	$213,892	$276,529	$146,383	$-62,637

THE HOUSTON FRIENDSHIP AND WELLNESS CIRCLE INC