Friends U Need Club Inc (EIN 475392104) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Phone

7706342884

Tax Period

2024-01-01 to 2024-12-31

Friends U Need Club Inc, founded in 2015, is a small nonprofit in the Human Services sector that reported $825K in total revenue in fiscal year 2024. The organization ran a surplus of $127K, a strong 15% operating margin.

Mission

Provide a day program for special needs adults that have aged out of all government funded programs

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $482,098

Program Service Revenue $335,630

Investment Income $6,774

Other Revenue $0

TOTAL REVENUE $824,502

Expense Breakdown

Grants Paid $0

Salaries & Benefits $405,892

Fundraising Expenses $15,200

Program Expenses $69,064

Other Expenses $222,468

TOTAL EXPENSES $697,424

Year-over-Year Comparison

	2024	2023	Change
Revenue	$824,502	$844,825	0.0%
Expenses	$697,424	$738,236	-0.1%
Net Income	$127,078	$106,589	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jamie O Thigpen	Secretary	2.00	Officer	$0	$0	$0
Stephanie Brown	Executive Director	40.00	Officer	$0	$0	$0
Melissa Bowen	President	2.00	Officer	$0	$0	$0
Vickie Thigpen	Vice President	2.00	Officer	$0	$0	$0
Jodi Bryant	Treasurer	2.00	Officer	$0	$0	$0
Wendy Cunningham	Member	2.00	Officer	$0	$0	$0
DJ Hardee	Member	2.00	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	$824,502	$697,424	$1,241,132	$127,078
2024	$824,502	$697,424	$1,241,132	$127,078
2023	$844,825	$697,039	$1,185,160	$147,786
2023	$844,825	$697,039	$1,185,160	$147,786
2022	$880,182	$670,004	$1,084,159	$210,178
2021	$528,459	$394,821	$902,754	$133,638
2020	$364,866	$326,847	$401,496	$38,019
2019	$432,852	$246,978	$336,265	$185,874
2018	$293,379	$234,938	$154,319	$58,441

Friends U Need Club Inc