Chicago Friends of Haiti (EIN 821006453) - 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

2017

Legal Domicile

Principal Officer

Ted Powers

Phone

3126183581

Tax Period

2024-01-01 to 2024-12-31

Chicago Friends of Haiti, founded in 2017, is a small nonprofit in the Human Services sector that reported $202K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $253K exceeded revenue, resulting in a 25% operating deficit.

Mission

To bring hope and health to Haiti.

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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 $201,567

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $201,567

Expense Breakdown

Grants Paid $243,616

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $243,616

Other Expenses $9,261

TOTAL EXPENSES $252,877

Year-over-Year Comparison

	2024	2023	Change
Revenue	$201,567	$170,704	+0.2%
Expenses	$252,877	$245,169	+0.0%
Net Income	$-51,310	$-74,465	-0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ted Powers	President	10.00	Officer Director	$0	$0	$0
Laura Carter	Secretary	3.00	Officer Director	$0	$0	$0
Sean Chatburn	Treasurer	4.00	Officer Director	$0	$0	$0
Doug Park	Director	2.00	Director	$0	$0	$0
Maria Masharr	Director	2.00	Director	$0	$0	$0
Charles Michalek	Director	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	$201,567	$252,877	$23,488	$-51,310
2022	$311,020	$284,651	$149,263	$26,369
2021	$282,851	$199,579	$130,528	$83,272

Chicago Friends of Haiti