FRIENDSHIP HOUSE ROANOKE INC (EIN 823380446) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

AARON DOWDY

Phone

5403435437

Tax Period

2024-01-01 to 2024-12-31

FRIENDSHIP HOUSE ROANOKE INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $419K in total revenue in fiscal year 2021. Revenue surged 215% from the prior year, signaling strong growth momentum. The organization ran a surplus of $275K, a strong 66% operating margin.

Mission

FRIENDSHIP HOUSE EXISTS TO PRROVIDE RELIEF TO THE POOR AND MARGINALIZED IN THE ROANOKE VIRGINIA AREA. IT DOES THIS THROUGH THREE PRIMARY PRROGRAMS: A DAILY CHILDRENS PROGRAM, WEEKLY FOOD PANTRY AND A REFUGEE HOUSING PROGRAM

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $299,797

Program Service Revenue $35,600

Investment Income $0

Other Revenue $0

TOTAL REVENUE $335,397

Expense Breakdown

Grants Paid $0

Salaries & Benefits $243,076

Fundraising Expenses $1,213

Program Expenses $189,494

Other Expenses $78,739

TOTAL EXPENSES $323,028

Year-over-Year Comparison

	2024	2023	Change
Revenue	$335,397	$321,045	+0.0%
Expenses	$323,028	$292,268	+0.1%
Net Income	$12,369	$28,777	-0.6%

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

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

$121,268

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON DOWDY	EXECUTIVE DIRECTOR	40.00	Director	$62,071	$0	$62,071
FAITH DOWDY	PROGRAM DIRECTOR	40.00	Director	$59,197	$0	$59,197
TRACY ALTIZER	PRESIDENT	1.00	Officer Director	$0	$0	$0
KEN FERRIS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BEN WISDOM	TREASURER	1.00	Officer Director	$0	$0	$0
JEFF BALL	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
DR GORDON BURCH	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
JAMIE HATFIELD	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHELLE CORDLE	BOARD MEMBER	1.00	Officer	$0	$0	$0
KATHRYN ALDRIDGE	BOARD MEMBER	1.00	Officer	$0	$0	$0
JIM WISSLER	BOARD MEMBER	1.00	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
2024	$335,397	$323,028	$711,471	$12,369
2023	$321,045	$292,268	$712,980	$28,777
2022	$225,366	$398,167	$693,384	$-172,801
2021	$419,466	$144,179	$526,786	$275,287

FRIENDSHIP HOUSE ROANOKE INC