FRENCHMANS CREEK CHARITIES FOUNDATION INC

EIN: 650440215 501(c)(3) Philanthropy & Grantmaking

PALM BEACH GARDENS, FL

Total Revenue
$574,642
Total Expenses
$491,473
Total Assets
$413,614
Net Assets
$403,986
🔒

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
1993
Legal Domicile
FL
Principal Officer
ELLEN MALASKY
Phone
5616271467
Tax Period
2024-07-01 to 2025-06-30

FRENCHMANS CREEK CHARITIES FOUNDATION INC, founded in 1993, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $575K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $491K left a modest 14% surplus.

Mission

TO SUPPORT CHARITABLE, EDUCATIONAL, AND RELIEF EFFORTS BY DISTRIBUTING FUNDS TO QUALIFIED 501(C)(3) ORGANIZATIONS AND PROVIDING FINANCIAL ASSISTANCE TO FRENCHMANS CREEK, INC. EMPLOYEES IN NEED, WITH A FOCUS ON BENEFITING THE COMMUNITIES OF PALM BEACH AND MARTIN COUNTIES. THE PRINCIPAL PURPOSE FOR WHICH IT IS FORMED IS TO RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE PURPOSES AS DESCRIBED IN THE ARTICLES OF INCORPORATION OF THE CORPORATION, INCLUDING WITHOUT LIMITATION: 1. MAKING DISTRIBUTIONS FROM UNRESTRICTED FUNDS TO ORGANIZATIONS LOCATED IN PALM BEACH AND MARTIN COUNTIES, FLORIDA, AND/OR ORGANIZATIONS IN OTHER COUNTIES PROVIDING SERVICES THAT DIRECTLY SUPPORT THE COMMUNITIES AND/OR RESIDENTS OF THE COMMUNITIES OF PALM BEACH COUNTY, THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501 (C) (3) OF THE UNITED STATES INTERNAL REVENUE CODE OF 1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE LAW OF THE INTERNAL REVENUE SERVICE OR DEPARTMENT OF TREASURY, HEREIN IRC); 2. MAKING QUALIFIED D

🔒

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 $600,757
Program Service Revenue $0
Investment Income $14,340
Other Revenue $-40,455
TOTAL REVENUE $574,642

Expense Breakdown

Grants Paid $462,202
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $462,202
Other Expenses $29,271
TOTAL EXPENSES $491,473

Year-over-Year Comparison

2024 2023 Change
Revenue $574,642 $478,392 +0.2%
Expenses $491,473 $565,165 -0.1%
Net Income $83,169 $-86,773 -2.0%
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
13
Independent Members
13
Employees
N/A
Volunteers
40

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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELLEN MALASKY PRESIDENT 1.00
Officer Director
$0 $0 $0
MIKE MORGAN SECRETARY 2.00
Officer Director
$0 $0 $0
ERIC WOLF TREASURER 2.00
Officer Director
$0 $0 $0
CAREY PACK BOARD MEMBER 1.00
Director
$0 $0 $0
MARTIN KRALL BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF MCALISTER BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN GUROCK BOARD MEMBER 1.00
Director
$0 $0 $0
LISETTE SIEGEL BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF MAURER BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN COHEN BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY PARKER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL AZEEZ BOARD MEMBER 1.00
Director
$0 $0 $0
DIANE EXTER BOARD 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 $574,642 $491,473 $413,614 $83,169
2024 $478,392 $565,165 $349,445 $-86,773
2023 $469,866 $342,915 $418,590 $126,951
2022 $506,896 $338,449 $291,639 $168,447
2021 $389,677 $313,080 $123,192 $76,597
2020 $251,701 $251,350 $46,595 $351
2019 $271,962 $260,326 $46,244 $11,636
2018 $237,630 $230,758 $36,034 $6,872
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FRENCHMANS CREEK CHARITIES FOUNDATION INC with other nonprofits in Florida and across the country.