FRIENDS OF VETERANS INC

EIN: 650533828 501(c)(3) Health Care

ROYAL PALM BEACH, FL

Total Revenue
$81,000
Total Expenses
$76,150
Total Assets
N/A
Net Assets
N/A
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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
1994
Legal Domicile
FL
Principal Officer
JERRY KLEIN
Phone
5612520902
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF VETERANS INC, founded in 1994, is a micro nonprofit in the Health Care sector that reported $81K in total revenue in fiscal year 2025. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $76K left a modest 6% surplus.

Mission

T0 PROVIDE SUPPORT SERVICES TO VETERANS AND THEIR FAMILIES AS WELL AS AN ORGANIZING THE MEMORIAL SERVICE AT THE NATIONAL CEMETERY. THE ORGANIZATION ALSO FINANCIAL SUPPORT TO SEVERAL LOCAL VETERAN GROUPS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $81,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $81,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,000
Fundraising Expenses $0
Program Expenses $76,150
Other Expenses $12,008
TOTAL EXPENSES $76,150

Year-over-Year Comparison

2025 2024 Change
Revenue $81,000 $138,103 -0.4%
Expenses $76,150 $120,129 -0.4%
Net Income $4,850 $17,974 -0.7%
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
7
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERRY KLEIN SOLITATION AND DISTRIBUTION 004.00
Director
$0 $0 $0
MAXWELL NELSON DIRECTOR 008.00
Director
$0 $0 $0
CHARLOT REBILLARD SECRETARY 004.00
Director
$0 $0 $0
JOY KLEIN DIRECTOR 004.00
Director
$0 $0 $0
KEN SOUL DIRECTOR 004.00
Director
$0 $0 $0
AARON AUGUSTUS TREASURER 008.00
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 $81,000 $76,150 No data $4,850
2024 $138,103 $120,129 $261,914 $17,974
2023 $207,601 $118,430 $258,101 $89,171
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