Friendship Trays Inc (EIN 561201496) - 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

1976

Legal Domicile

Principal Officer

Lucy Bush Carter

Phone

7043339229

Tax Period

2021-01-01 to 2021-04-30

Friendship Trays Inc, founded in 1976, is a small nonprofit that reported $460K in total revenue in fiscal year 2021. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $405K left a modest 12% surplus.

Mission

To deliver nutritious, diet specific meals to individuals throughout the community who are unable to prepare meals for themselves and have no one to do it for them, regardless of age or ability to pay.

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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 (2021)

Revenue Breakdown

Contributions & Grants $214,752

Program Service Revenue $140,128

Investment Income $85,605

Other Revenue $19,510

TOTAL REVENUE $459,995

Expense Breakdown

Grants Paid $89,545

Salaries & Benefits $132,417

Fundraising Expenses $15,725

Program Expenses $348,389

Other Expenses $183,030

TOTAL EXPENSES $404,992

Year-over-Year Comparison

	2021	2020	Change
Revenue	$459,995	$2,004,115	-0.8%
Expenses	$404,992	$1,226,505	-0.7%
Net Income	$55,003	$777,610	-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

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
Tobe Holmes	President	2.00	Officer Director	$0	$0	$0
Keith Pehl	Vice President	2.00	Officer Director	$0	$0	$0
Marilyn Bellinger	Director	2.00	Director	$0	$0	$0
Christian Clackum	Director	2.00	Director	$0	$0	$0
R Michael Elliot	Sec.-Treasurer	2.00	Officer Director	$0	$0	$0
Russ Ferguson	Director	2.00	Director	$0	$0	$0
E Nadine Ford	Director	2.00	Director	$0	$0	$0
Erin Marie Kelly	Director	2.00	Director	$0	$0	$0
Brian King	Director	2.00	Director	$0	$0	$0
Natheley McElrath	Director	2.00	Director	$0	$0	$0
Katherine Richards	Director	2.00	Director	$0	$0	$0
Carla Scott	Ex-Officio	2.00	Director	$0	$0	$0
Lucy Bush Carter	Executive Direc	40.00	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
2021	$459,995	$404,992	No data	$55,003
2020	$2,004,115	$1,226,505	$3,895,612	$777,610
2019	$1,810,259	$1,909,255	$2,982,734	$-98,996
2018	$2,101,154	$2,054,268	$2,880,258	$46,886

Friendship Trays Inc