FRIENDS OF ALCOHOLICS INC (EIN 646025471) - 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

1958

Legal Domicile

Principal Officer

AARON BONNER

Phone

6013624275

Tax Period

2023-04-01 to 2024-03-31

FRIENDS OF ALCOHOLICS INC, founded in 1958, is a small nonprofit in the Mental Health sector that reported $407K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

FRIENDS OF ALCOHOLICS TAKES A BIBLICAL APPROACH TO THE PROBLEM OF ALCOHOL AND DRUG ADDICTION.

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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 $385,508

Program Service Revenue $0

Investment Income $5,665

Other Revenue $16,302

TOTAL REVENUE $407,475

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,213

Fundraising Expenses $3,920

Program Expenses $395,310

Other Expenses $292,694

TOTAL EXPENSES $414,907

Year-over-Year Comparison

	2023	2022	Change
Revenue	$407,475	$317,792	+0.3%
Expenses	$414,907	$383,038	+0.1%
Net Income	$-7,432	$-65,246	-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

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

$34,176

Total Directors

$34,176

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON BONNER	DIRECTOR	40.00	Officer Director	$34,176	$0	$34,176
GLENN AINSWORTH	SECRETARY &	N/A	Officer Director	$0	$0	$0
BILLY DAVIS	BOARD MEMBER	N/A	Director	$0	$0	$0
PHIL DAVIS	BOARD MEMBER	N/A	Director	$0	$0	$0
WILLIE GREER	BOARD MEMBER	N/A	Director	$0	$0	$0
DR JAMES HUGHES	PRESIDENT	N/A	Officer Director	$0	$0	$0
REV KEVIN PATTERSON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
REV JAMES WASHINGTON	BOARD MEMBER	N/A	Director	$0	$0	$0
LONNIE WHITTEN	BOARD MEMBER	N/A	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	$407,475	$414,907	$632,845	$-7,432
2023	$317,792	$383,038	$640,277	$-65,246
2022	$353,600	$325,844	$705,523	$27,756
2021	$307,480	$313,628	$677,767	$-6,148
2020	$343,218	$342,363	$683,915	$855
2019	$349,722	$366,596	$683,060	$-16,874
2018	$343,308	$354,562	$699,934	$-11,254

FRIENDS OF ALCOHOLICS INC