FRIENDS FOR LIFE CORPORATION (EIN 621511959) - 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

1985

Legal Domicile

Principal Officer

DIANE DUKE

Phone

9012720855

Tax Period

2023-07-01 to 2024-06-30

FRIENDS FOR LIFE CORPORATION, founded in 1985, is a community nonprofit in the Human Services sector that reported $9.4M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF FRIENDS FOR LIFE CORPORATION IS TO HELP PERSONS AFFECTED BY HIV/AIDS LIVE WELL.

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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 $7,195,072

Program Service Revenue $2,082,420

Investment Income $1,074

Other Revenue $117,128

TOTAL REVENUE $9,395,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,296,815

Fundraising Expenses $241,277

Program Expenses $6,258,325

Other Expenses $5,314,999

TOTAL EXPENSES $9,611,814

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,395,694	$7,585,355	+0.2%
Expenses	$9,611,814	$7,891,906	+0.2%
Net Income	$-216,120	$-306,551	-0.3%

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

Volunteers

140

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

$559,039

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE DUKE	PRESIDENT/CEO	40.00	Officer	$158,445	$4,753	$163,198
ELISHA MIA COTTON	CHIEF PROGRAMS OFFICER	40.00	Officer	$125,831	$3,775	$129,606
SCOTT WELCH	CHIEF FINANCIAL OFFICER	40.00	Officer	$110,946	$1,219	$112,165
KENNETH FIELDS	VICE PRESIDENT OF COMPLIANCE	40.00	Officer	$76,735	$0	$76,735
REBECCA JOHNSON	VICE PRESIDENT OF HUMAN RESOURCES	40.00	Officer	$75,083	$2,252	$77,335
MARK HICKEY	CHAIR	1.00	Officer Director	$0	$0	$0
NANCY MCGEE	CHAIR EMERITUS	1.00	Officer Director	$0	$0	$0
KEVIN SPRAGLING	TREASURER	1.00	Officer Director	$0	$0	$0
DR PATRICK BLANKINSHIP	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
VAHISHA HASAN	SECRETARY	1.00	Officer Director	$0	$0	$0
CJ COGSWELL	MEMBER	1.00	Director	$0	$0	$0
JOY DOSS	MEMBER	1.00	Director	$0	$0	$0
REV EARL FISHER	MEMBER	1.00	Director	$0	$0	$0
JONATHAN HANCOCK	MEMBER	1.00	Director	$0	$0	$0
GINGER LEONARD	MEMBER	1.00	Director	$0	$0	$0
RODERICK LOGAN	MEMBER	1.00	Director	$0	$0	$0
DR DAVID RICHARDSON	MEMBER	1.00	Director	$0	$0	$0
DR HUNTER RITTENBERRY	MEMBER	1.00	Director	$0	$0	$0
REV SAM TEITEL	MEMBER	1.00	Director	$0	$0	$0
SHAWN HAYDEN	MEDICAL DIRECTOR	1.00	Director	$0	$0	$0
KAREN MCCLARTY	MEMBER	1.00	Director	$0	$0	$0
PETER BRENNEN REYNOLDS	MEMBER	1.00	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
2025	No data	No data	No data	No data
2024	$9,395,694	$9,611,814	$16,384,102	$-216,120
2023	$7,585,355	$7,891,906	$10,394,785	$-306,551
2022	$8,061,223	$7,648,268	$7,299,402	$412,955
2021	$7,255,694	$6,640,201	$3,793,635	$615,493
2020	$6,818,193	$6,228,275	$3,168,996	$589,918
2019	$5,832,345	$5,875,029	$2,939,821	$-42,684
2018	$5,307,184	$5,462,096	$2,922,574	$-154,912

FRIENDS FOR LIFE CORPORATION