FRIENDS OF OAK GROVE INC

EIN: 562586783 501(c)(3) Philanthropy & Grantmaking

MALDEN, MA

Total Revenue
N/A
Total Expenses
$1,501
Total Assets
$8,861
Net Assets
$8,861
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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
2006
Legal Domicile
MA
Principal Officer
PAUL SIESWERDA
Phone
7813970744
Tax Period
2020-01-01 to 2020-12-31

Mission

BETTER THE COMMUNITY

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $1,110
Salaries & Benefits $0
Fundraising Expenses $362
Program Expenses $1,110
Other Expenses $391
TOTAL EXPENSES $1,501

Year-over-Year Comparison

2020 2019 Change
Revenue N/A $9,235 -1.0%
Expenses $1,501 $8,141 -0.8%
Net Income N/A $1,094 N/A
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

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Governance

Voting Members
6
Independent Members
N/A
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN HAYES PRESIDENT 3.00
Officer Director
$0 $0 $0
BONNIE BLANCHARD TREASURER 3.00
Officer Director
$0 $0 $0
PATRICK HAYES BOARD MEMBER 1.50
Director
$0 $0 $0
PAUL SIESWERDA VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
THOMAS MCCARTNEY BOARD MEMBER 1.50
Director
$0 $0 $0
ADAM WELDAI SECRETARY 3.00
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
2020 No data $1,501 $8,861 No data
2019 $9,235 $8,141 $10,362 $1,094
2018 $7,236 $9,193 $9,268 $-1,957
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