FRIENDS OF THE DAVID FARNSLEY HOUSE INC (EIN 611316656) - 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

1997

Legal Domicile

Principal Officer

CYNDI CAUDILL

Phone

5028828454

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF THE DAVID FARNSLEY HOUSE INC, founded in 1997, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $3K in total revenue in fiscal year 2023. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $9K exceeded revenue, resulting in a 164% operating deficit.

Mission

WORKING TO PRESERVE AND REUSE A HISTORIC HOUSE LOCATED ON THE CAMPUS OF THE FARNSLEY MIDDLE SCHOOL. GROUP WORKS WITH THE SCHOOL TO RESTORE THE HOUSE INTO THE SCHOOL'S CURRICULUM.

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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 $2,186

Program Service Revenue $0

Investment Income $1,156

Other Revenue $0

TOTAL REVENUE $3,342

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,992

Other Expenses $8,807

TOTAL EXPENSES $8,807

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,342	$13,910	-0.8%
Expenses	$8,807	$30,192	-0.7%
Net Income	$-5,465	$-16,282	-0.7%

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

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
CYNDI CAUDILL	DIRECTOR/TREASURER	2.00	Officer Director	$0	$0	$0
LINDA HUDSON	DIRECTOR/SECRETARY	2.00	Officer Director	$0	$0	$0
DOUGLASS FARNSLEY	DIRECTOR/EXECUTIVE COMMITT	2.00	Officer Director	$0	$0	$0
JEFFREY ALLGOOD	DIRECTOR	2.00	Director	$0	$0	$0
ALEXANDRA CRUME	DIRECTOR	2.00	Director	$0	$0	$0
KEITH CRUME	DIRECTOR	2.00	Director	$0	$0	$0
JULIE EVANS	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES FARNSLEY	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN SMITH	DIRECTOR	2.00	Director	$0	$0	$0
HEATHER JACKSON	DIRECTOR/VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BETTY JARBOE	DIRECTOR/PRESIDENT	2.00	Officer Director	$0	$0	$0
CARMEN MILLER	DIRECTOR	2.00	Director	$0	$0	$0
DAVID OWEN	DIRECTOR	2.00	Director	$0	$0	$0
HERB SHULHAFER	DIRECTOR	2.00	Director	$0	$0	$0
CAROLYN SMITH	DIRECTOR	2.00	Director	$0	$0	$0
LYNN THIENEMAN	DIRECTOR	2.00	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	$3,342	$8,807	$39,163	$-5,465
2022	$13,910	$30,192	$44,628	$-16,282
2021	$14,090	$24,099	$60,910	$-10,009
2020	$13,711	$17,466	$70,919	$-3,755

FRIENDS OF THE DAVID FARNSLEY HOUSE INC