Friends In Need Charitable Foundation Inc (EIN 822401262) - 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

Mark Martin

Tax Period

2024-01-01 to 2024-12-31

Friends In Need Charitable Foundation Inc, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $554K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

To provide financial assistance and support to students for theirreligious studies and to needy individuals as well as to other religious,educational, and charitable organizations worldwide.

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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 $553,996

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $553,996

Expense Breakdown

Grants Paid $462,189

Salaries & Benefits $0

Fundraising Expenses $105,014

Program Expenses $462,189

Other Expenses $71,525

TOTAL EXPENSES $582,403

Year-over-Year Comparison

	2024	2023	Change
Revenue	$553,996	$501,909	+0.1%
Expenses	$582,403	$496,228	+0.2%
Net Income	$-28,407	$5,681	-6.0%

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

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	Role	Reportable Comp	Other Comp	Total
Mark Martin	President	Director	$0	$0	$0
Scott Dembitzer	Vice President	Director	$0	$0	$0
David Neil Benjamin	Vice President	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	$553,996	$582,403	$9,621	$-28,407
2023	$501,909	$496,228	$38,028	$5,681
2022	$281,787	$309,309	$32,347	$-27,522

Friends In Need Charitable Foundation Inc