FRIENDS OF HAMPTON ROADS INC (EIN 541556269) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1991

Legal Domicile

Principal Officer

ANGELA MERCER

Phone

7576757899

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF HAMPTON ROADS INC, founded in 1991, is a micro nonprofit in the Education sector that reported $23K in total revenue in fiscal year 2020. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $22K left a modest 3% surplus.

Mission

TO PROVIDE SHCOLARSHIPS FOR HIGHER EDUCATION.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,925

Program Service Revenue $0

Investment Income $16,390

Other Revenue $5,477

TOTAL REVENUE $23,792

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,000

Other Expenses $5,884

TOTAL EXPENSES $15,884

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,792	$21,373	+0.1%
Expenses	$15,884	$22,530	-0.3%
Net Income	$7,908	$-1,157	-7.8%

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

N/A

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
ANGELA MERCER	PRESIDENT	1.00	Officer Director	$0	$0	$0
PEGGY HAGANS	TREASURER	1.00	Officer Director	$0	$0	$0
ROSLIND BROWN	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
CHERYL CAUTHEN	FINANCIAL SECRETARY	1.00	Officer Director	$0	$0	$0
JANIS SANCHEZ	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY WILLIAMS	CO - TREASURER	1.00	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	No data	No data	No data	No data
2023	$23,792	$15,884	$445,149	$7,908
2022	$21,373	$22,530	$397,055	$-1,157
2021	$37,786	$16,013	$490,062	$21,773
2020	$23,085	$22,378	$417,871	$707

FRIENDS OF HAMPTON ROADS INC