Friendship Community Development Corporation (EIN 562267077) - 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

2001

Legal Domicile

Principal Officer

JOHN SPANN

Phone

7043916644

Tax Period

2023-07-01 to 2024-06-30

Friendship Community Development Corporation, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $810K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

The mission of the Friendship Community Development Corp is to serve facilitate and build community through sustained human development

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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 $354,361

Program Service Revenue $335,660

Investment Income $0

Other Revenue $119,817

TOTAL REVENUE $809,838

Expense Breakdown

Grants Paid $0

Salaries & Benefits $471,050

Fundraising Expenses $0

Program Expenses $517,486

Other Expenses $390,398

TOTAL EXPENSES $861,448

Year-over-Year Comparison

	2023	2022	Change
Revenue	$809,838	$724,460	+0.1%
Expenses	$861,448	$868,149	0.0%
Net Income	$-51,610	$-143,689	-0.6%

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

347625

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
DR CLIFFORD JONES SR	Chair	N/A	Officer	$0	$0	$0
ERIC NELSON	Director	N/A	Officer Director	$0	$0	$0
LUCILLE BATTS	Director	N/A	Director	$0	$0	$0
GERALD ROBINSON	Director	N/A	Director	$0	$0	$0
TIM ELLERBY	Director	N/A	Director	$0	$0	$0
TAMMIE CARTLEDGE	Director	N/A	Director	$0	$0	$0
CASONDRA DEVINE	DIrector	N/A	Director	$0	$0	$0
EDDIE MCCLURE	Director	N/A	Director	$0	$0	$0
JENNIFER COBLE	Executive Director	N/A	Highest	$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	$809,838	$861,448	$1,636,687	$-51,610
2023	$724,460	$896,497	$1,673,530	$-172,037
2022	$1,456,146	$1,374,687	$1,824,328	$81,459
2021	$883,348	$959,853	$1,845,246	$-76,505
2020	$1,025,741	$1,033,038	$1,918,635	$-7,297
2019	$1,004,041	$1,027,352	$1,844,674	$-23,311

Friendship Community Development Corporation