FAR AWAY FRIENDS INC (EIN 464917506) - 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

Phone

7202406199

Tax Period

2024-01-01 to 2024-12-31

FAR AWAY FRIENDS INC, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $314K in total revenue in fiscal year 2024. Expenses of $348K exceeded revenue, resulting in a 11% operating deficit.

Mission

FAR AWAY FRIENDS EXIST TO TRANSFORM ACCESS TO EQUITABLE EDUCATION IN RURAL UGANDA. OUR VISITION IS TO PROVIDE YOUTH WITH THE TOOLS TO TRANSFORM THEIR COMMUNITIES AND END CYCLES OF EDUCATIONAL POVERTY.

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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 $314,306

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $314,306

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,133

Fundraising Expenses $30,883

Program Expenses $281,322

Other Expenses $321,407

TOTAL EXPENSES $347,540

Year-over-Year Comparison

	2024	2023	Change
Revenue	$314,306	$326,470	0.0%
Expenses	$347,540	$648,462	-0.5%
Net Income	$-33,234	$-321,992	-0.9%

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

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

$40,385

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAYME WARD	CO-FOUNDER & BOARD CHAIR	50.00	Officer	$40,385	$0	$40,385
CAMELA GIRAUD	BOARD MEMBER	10.00	Director	$0	$0	$0
CONNOR ROCK	BOARD MEMBER	5.00	Director	$0	$0	$0
MAX FOLARON	BOARD MEMBER	5.00	Director	$0	$0	$0
SEAN KORBITZ	BOARD MEMBER	5.00	Director	$0	$0	$0
EMUL RITAH OMIA	N/A	5.00	Director	$0	$0	$0
DENNIS OCONNOR	BOARD CHAIR	25.00	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	$314,306	$347,540	$12,325	$-33,234
2023	$326,470	$339,343	$45,807	$-12,873
2022	$378,157	$369,407	$58,682	$8,750
2021	$329,843	$334,908	$49,932	$-5,065

FAR AWAY FRIENDS INC