FRG FAMILY FUND INC (EIN 472250300) - 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

Ronald Igarashi

Phone

2165252775

Tax Period

2024-01-01 to 2024-12-31

FRG FAMILY FUND INC, founded in 2014, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 3% surplus.

Mission

The purpose of the FRG Family Fund is to provide financial assistance to employees of the Flynn Restaurant Group who, through no fault of their own, experience unforeseen personal crisis or tragedy for which they lack sufficient funds.

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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 $1,323,528

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,323,528

Expense Breakdown

Grants Paid $1,219,339

Salaries & Benefits $62,514

Fundraising Expenses $0

Program Expenses $1,281,853

Other Expenses $0

TOTAL EXPENSES $1,281,853

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,323,528	$1,167,075	+0.1%
Expenses	$1,281,853	$1,165,442	+0.1%
Net Income	$41,675	$1,633	+24.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gregory Flynn	President & CEO	0.50	Officer Director	$0	$0	$0
Lorin Cortina	Executive VP & CFO	0.5	Officer Director	$0	$0	$0
Ronald Igarashi	VP & Secretary	0.5	Officer Director	$0	$0	$0
Betsy Mercardo	VP	0.5	Officer Director	$0	$0	$0
Brad Pettinger	COO	0.50	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	$1,323,528	$1,281,853	$114,916	$41,675
2023	$1,167,075	$1,165,442	$73,041	$1,633
2022	$1,133,306	$1,125,501	$71,408	$7,805
2021	$949,940	$925,425	$63,603	$24,515
2020	$796,489	$865,442	$63,388	$-68,953

FRG FAMILY FUND INC