CARING FRIENDS INC (EIN 800718508) - 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

2011

Legal Domicile

Principal Officer

REMON ATTALLA

Phone

6268252801

Tax Period

2024-01-01 to 2024-12-31

Mission

OUR MISSION IS TO ACTIVELY DEMONSTRATE LOVE, FRIENDSHIP, AND BRIDGE-BUILDING IN ACTION, MAKING A TANGIBLE AND POSITIVE IMPACT IN THE LIVES OF INDIVIDUALS AND FAMILIES IN OUR COMMUNITY. THROUGH OUR PROGRAMS, SERVICES, AND INITIATIVES, WE STRIVE TO PROVIDE SUPPORT, ASSISTANCE, AND OPPORTUNITIES FOR GROWTH TO MINORITIES, UNDERPERFORMING COMMUNITIES, STUDENTS (HIGH SCHOOL/COLLEGE), WOMEN, MEN, AND ELDERS. WE ARE COMMITTED TO FOSTERING A STRONG SENSE OF SOCIAL RESPONSIBILITY AND ENVIRONMENTAL STEWARDSHIP, WORKING COLLABORATIVELY WITH OTHER ORGANIZATIONS, INSTITUTIONS, AND COMMUNITY MEMBERS TO ACHIEVE SHARED GOALS. OUR ULTIMATE AIM IS TO CREATE A STRONGER, MORE CONNECTED, AND RESILIENT COMMUNITY THAT IS EQUIPPED TO OVERCOME CHALLENGES AND THRIVE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60

Other Expenses $60

TOTAL EXPENSES $60

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$618	-1.0%
Expenses	$60	$5,813	-1.0%
Net Income	N/A	$-5,195	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REMON ATTALLA	CEO	4.00	Director	$0	$0	$0
SAMUEL ABRAHAM	CFO	4.00	Director	$0	$0	$0
NADER WAHBI	SECRETARY	2.00	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
2024	No data	$60	$18,116	No data
2023	$618	$5,813	$26,570	$-5,195
2022	$5	$825	$23,371	$-820
2021	$105	$15,300	$24,191	$-15,195
2020	$2,005	$4,365	$39,386	$-2,360

CARING FRIENDS INC