The Friends Forever Foundation NFP

EIN: 822246882 501(c)(3) Arts, Culture & Humanities

Flossmoor, IL

Total Revenue
$56,480
Total Expenses
$127,133
Total Assets
$8,708
Net Assets
$8,603
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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
2014
Legal Domicile
IL
Principal Officer
Paula A Jones
Phone
3123191209
Tax Period
2022-01-01 to 2022-12-31

The Friends Forever Foundation NFP, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $56K in total revenue in fiscal year 2022. Revenue surged 243% from the prior year, signaling strong growth momentum. Expenses of $127K exceeded revenue, resulting in a 125% operating deficit.

Mission

To encourage non-profit organizations to focus on empowering and enabling the next generation .... Linking Lives

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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 (2022)

Revenue Breakdown

Contributions & Grants $56,480
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $56,480

Expense Breakdown

Grants Paid $50,250
Salaries & Benefits $36,229
Fundraising Expenses $0
Program Expenses $109,851
Other Expenses $40,654
TOTAL EXPENSES $127,133

Year-over-Year Comparison

2022 2021 Change
Revenue $56,480 $16,475 +2.4%
Expenses $127,133 $127,758 0.0%
Net Income $-70,653 $-111,283 -0.4%
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
6
Independent Members
4
Employees
N/A
Volunteers
6

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
4
$30,500
Total Directors
8
$2,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Curtis Jones Chairman 2.00
Officer Director
$0 $0 $0
Paula Jones President 5.00
Officer Director
$0 $0 $0
Shana Easterling Director 20.00
Officer
$0 $0 $0
Irene Brown Executive Director-Contractor 20.00
Officer
$30,500 $0 $30,500
Tiffany Dorris Director 2.00
Director
$0 $0 $0
Vivian Funches Director 2.00
Director
$2,000 $0 $2,000
Stephen Mitchell Director 2.00
Director
$0 $0 $0
Tyrone Staggers Director 2.00
Director
$0 $0 $0
Michael Simmons Director N/A
Director
$0 $0 $0
Michael Edwards 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
2022 $56,480 $127,133 $8,708 $-70,653
2021 $16,475 $127,758 $83,817 $-111,283
2020 $212,000 $93,418 $196,277 $118,582
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