FRIENDS OF EXCEPTIONAL CHILDREN'S FOUNDATION (EIN 811037762) - 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

2016

Legal Domicile

Principal Officer

VERONICA ARTEAGA

Phone

3102043300

Tax Period

2022-07-01 to 2023-06-30

FRIENDS OF EXCEPTIONAL CHILDREN'S FOUNDATION, founded in 2016, is a micro nonprofit that reported $40K in total revenue in fiscal year 2022. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $5.4M exceeded revenue, resulting in a 13454% operating deficit.

Mission

PROVIDE SUPPORT TO THE EXCEPTIONAL CHILDREN'S FOUNDATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $40,035

Other Revenue $0

TOTAL REVENUE $40,035

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $5,426,412

TOTAL EXPENSES $5,426,412

Year-over-Year Comparison

	2022	2021	Change
Revenue	$40,035	$53,379	-0.2%
Expenses	$5,426,412	$69	+78642.7%
Net Income	$-5,386,377	$53,310	-102.0%

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

Employees

N/A

Volunteers

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

$375,479

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LESLIE B ABELL ESQ	CHAIR	1.00	Officer Director	$0	$0	$0
LEONARD WASHINGTON	SECRETARY	1.00	Officer Director	$0	$0	$0
THOMAS HOPKINS	TREASURER	1.00	Officer Director	$0	$0	$0
VERONICA ARTEAGA	PRESIDENT/CEO	1.00	Officer	$0	$4,050	$176,105
SONHUI ROBILOTTA	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$2,079	$199,374
SCOTT D BOWLING	CEO EMERITUS	1.00		$0	$3,055	$293,724

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	No data	No data	No data
2023	$40,035	$5,426,412	$291,689	$-5,386,377
2022	$53,379	$132	$5,678,066	$53,247
2021	$53,379	$69	$5,624,819	$53,310
2020	$53,379	$45	$5,571,509	$53,334
2019	$53,379	$29	$5,518,175	$53,350
2018	$53,379	$244	$5,464,825	$53,135

FRIENDS OF EXCEPTIONAL CHILDREN'S FOUNDATION