FRIENDSHIPS FOR HOPE INC

EIN: 811409201 501(c)(3) Human Services

NATIONAL CITY, CA

Total Revenue
$1,587,221
Total Expenses
$1,603,364
Total Assets
$144,241
Net Assets
$144,241
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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
2017
Legal Domicile
CA
Principal Officer
JASON TURNER
Phone
6193955087
Tax Period
2024-01-01 to 2024-12-31

FRIENDSHIPS FOR HOPE INC, founded in 2017, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2024.

Mission

TO AID IN THE ASSIMILATION OF IMMIGRANTS AND REFUGEES INTO THE COMMUNITY

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,585,906
Program Service Revenue $0
Investment Income $1,315
Other Revenue $0
TOTAL REVENUE $1,587,221

Expense Breakdown

Grants Paid $0
Salaries & Benefits $153,650
Fundraising Expenses $0
Program Expenses $1,590,852
Other Expenses $1,449,714
TOTAL EXPENSES $1,603,364

Year-over-Year Comparison

2024 2023 Change
Revenue $1,587,221 $1,549,299 +0.0%
Expenses $1,603,364 $294,867 +4.4%
Net Income $-16,143 $1,254,432 -1.0%
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

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Governance

Voting Members
10
Independent Members
N/A
Employees
9
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILL JAMES PRESIDENT N/A
Officer
$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 No data No data No data No data
2024 $1,587,221 $1,603,364 $144,241 $-16,143
2023 $1,549,299 $294,867 $160,384 $1,254,432
2022 $1,518,956 $1,500,008 $192,063 $18,948
2021 $1,299,644 $1,241,269 $173,115 $58,375
2020 $241,397 $291,303 $114,740 $-49,906
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