FRIENDS OF MORSELIFE INC

EIN: 650329966 501(c)(3) Health Care

WEST PALM BEACH, FL

Total Revenue
$-255,541
Total Expenses
$530,248
Total Assets
$99,102
Net Assets
$-2,531,215
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
FL
Phone
5614715111
Tax Period
2024-06-01 to 2025-05-31

FRIENDS OF MORSELIFE INC, founded in 1992, is a micro nonprofit in the Health Care sector that reported $256K in total revenue in fiscal year 2024. Revenue fell 121% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATION RAISES FUNDS TO SUPPORT THE ACTIVITIES OF AFFILIATED 501(C)(3) ENTITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $156,680
Program Service Revenue $0
Investment Income $0
Other Revenue $-412,221
TOTAL REVENUE $-255,541

Expense Breakdown

Grants Paid $0
Salaries & Benefits $500,876
Fundraising Expenses $359,488
Program Expenses $152,056
Other Expenses $29,372
TOTAL EXPENSES $530,248

Year-over-Year Comparison

2024 2023 Change
Revenue $-255,541 $1,209,689 -1.2%
Expenses $530,248 $1,055,726 -0.5%
Net Income $-785,789 $153,963 -6.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
14
Employees
N/A
Volunteers
14

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
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH MYERS CEO, PRESIDENT 2.0
Officer Director
$0 $0 $0
MICHAEL MARGOLIS CHAIRMAN 2.0
Officer Director
$0 $0 $0
RANDY WOLAN CFO 2.0
Officer Director
$0 $0 $0
RICHARD ROTHSCHILD TREASURER/SECRETARY 2.0
Officer Director
$0 $0 $0
ARTHUR LORING DIRECTOR 2.0
Director
$0 $0 $0
DAVID MACK DIRECTOR 2.0
Director
$0 $0 $0
DONALD EPHRAIM DIRECTOR 2.0
Director
$0 $0 $0
FRANCINE KITTREDGE DIRECTOR 2.0
Director
$0 $0 $0
GARY GRANOOF DIRECTOR 2.0
Director
$0 $0 $0
HOWARD KAYE DIRECTOR 2.0
Director
$0 $0 $0
JOSEPH JACOB DIRECTOR 2.0
Director
$0 $0 $0
RONALD BERK DIRECTOR 2.0
Director
$0 $0 $0
ROY APPLE DIRECTOR 2.0
Director
$0 $0 $0
STANLEY KATZ DIRECTOR 2.0
Director
$0 $0 $0
SUSAN MENDIK DIRECTOR 2.0
Director
$0 $0 $0
TERRI SRIBERG DIRECTOR 2.0
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 $-255,541 $530,248 $99,102 $-785,789
2024 $1,209,689 $1,055,726 $107,640 $153,963
2023 $164,369 $1,306,518 $105,750 $-1,142,149
2022 $32,711 $370,459 $212,127 $-337,748
2021 $22,487 $287,387 $105,276 $-264,900
2020 $1,281,673 $587,178 $118,196 $694,495
2019 $1,678,826 $476,801 $144,347 $1,202,025
2018 $1,317,460 $2,929,362 $214,162 $-1,611,902
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FRIENDS OF MORSELIFE INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.