Mennonite Friendship Communities Inc (EIN 480798371) - 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

1972

Legal Domicile

Phone

6206637175

Tax Period

2023-01-01 to 2023-12-31

Mennonite Friendship Communities Inc, founded in 1972, is a mid-sized nonprofit in the Human Services sector that reported $13.2M in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $11.8M left a modest 10% surplus.

Mission

MENNONITE FRIENDSHIP COMMUNITIES, INC. OPERATES A CONTINUING CARE RETIREMENT COMMUNITY TO PROVIDE HOUSING TO THE ELDERLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,702,909

Program Service Revenue $11,298,364

Investment Income $150,991

Other Revenue $10,489

TOTAL REVENUE $13,162,753

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,962,242

Fundraising Expenses $52,690

Program Expenses $10,173,942

Other Expenses $4,863,367

TOTAL EXPENSES $11,825,609

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,162,753	$9,514,010	+0.4%
Expenses	$11,825,609	$10,941,247	+0.1%
Net Income	$1,337,144	$-1,427,237	-1.9%

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

280

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

$290,131

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	CHAIR-ELECT/DIRECTOR	1.0	Officer Director	$0	$0	$0
N/A	SECRETARY/DIRECTOR	1.0	Officer Director	$0	$0	$0
N/A	MEMBER-AT-LARGE	1.0	Officer Director	$0	$0	$0
N/A	TREASURER/DIRECTOR	1.0	Officer Director	$0	$0	$0
N/A	CHAIRMAN/DIRECTOR	1.0	Officer Director	$0	$0	$0
N/A	PAST CHAIRMAN/DIRECTOR	1.0	Officer Director	$0	$0	$0
N/A	TREASURER/DIRECTOR	1.0	Officer Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	EXECUTIVE DIRECTOR	40.0	Officer	$125,404	$15,043	$140,447
N/A	CFO ENDING 02/2023	40.0	Officer	$35,887	$5,381	$41,268
N/A	CFO BEGINNING 08/2023	40.0	Officer	$36,688	$74	$36,762
N/A	INTERIM CFO 02/2023 - 08/2023	40.0	Officer	$71,433	$221	$71,654

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	No data	No data	No data	No data
2023	$13,162,753	$11,825,609	$12,166,552	$1,337,144
2022	$9,514,010	$10,941,247	$11,339,814	$-1,427,237
2021	$11,472,382	$11,031,276	$12,761,912	$441,106
2020	$13,710,356	$12,815,014	$12,057,433	$895,342
2019	$12,348,726	$12,709,157	$11,873,812	$-360,431
2018	$11,891,827	$12,027,469	$11,390,063	$-135,642

Mennonite Friendship Communities Inc