FRIENDS OF ALCOHOLICS INC

EIN: 646025471 501(c)(3) Mental Health

FLORA, MS

Total Revenue
$407,475
Total Expenses
$414,907
Total Assets
$632,845
Net Assets
$632,845
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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
MS
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.

Program Service Accomplishments

Program 1

THE ENTIRE PROGRAM IS FOR THE REHABILITATION OF PERSONS SUFFERING FROM SUBSTANCE ABUSE. ALL FUNDS WERE USED FOR THIS PURPOSE.

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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 (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

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Governance

Voting Members
9
Independent Members
9
Employees
13
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
$34,176
Total Directors
9
$34,176
Key Employees
0
$0
Highest Compensated
0
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
2026 No data No data No data No data
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
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