FRIENDLY MISSION INC

EIN: 825291489 501(c)(3) Human Services

SAVANNAH, GA

Total Revenue
$696,501
Total Expenses
$682,197
Total Assets
$330,247
Net Assets
$-121,111
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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
2018
Legal Domicile
GA
Phone
9123493107
Tax Period
2023-01-01 to 2023-12-31

FRIENDLY MISSION INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $697K in total revenue in fiscal year 2023. Revenue surged 278% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE FOOD,SHELTER,AND SUPPORT

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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 (2023)

Revenue Breakdown

Contributions & Grants $21,625
Program Service Revenue $0
Investment Income $-15,982
Other Revenue $690,858
TOTAL REVENUE $696,501

Expense Breakdown

Grants Paid $0
Salaries & Benefits $495,328
Fundraising Expenses $0
Program Expenses $682,642
Other Expenses $186,869
TOTAL EXPENSES $682,197

Year-over-Year Comparison

2023 2022 Change
Revenue $696,501 $184,070 +2.8%
Expenses $682,197 N/A N/A
Net Income $14,304 $184,070 -0.9%
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
2
Independent Members
N/A
Employees
14
Volunteers
2

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOBBY G MORGAN PRESIDENT 56.00
Director
$0 $0 $0
REBECCA K MORGAN SECRETARY 20.00
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 No data No data No data No data
2023 $696,501 $682,197 $330,247 $14,304
2021 $176,003 $294,042 $84,409 $-118,039
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