FRIENDS OF THE CHILDREN FARGO- MOORHEAD

EIN: 834476757 501(c)(3) Human Services

FARGO, ND

Total Revenue
$889,251
Total Expenses
$1,147,082
Total Assets
$572,048
Net Assets
$490,532
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
ND
Principal Officer
BETHANY WALL
Phone
7015321465
Tax Period
2024-09-01 to 2025-08-31

FRIENDS OF THE CHILDREN FARGO- MOORHEAD, founded in 2018, is a small nonprofit in the Human Services sector that reported $889K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 29% operating deficit.

Mission

FRIENDS OF THE CHILDREN COMMITS TO STANDING ALONGSIDE OUR COMMUNITY'S YOUTH AS THEY WORK TO OVERCOME BARRIERS TO THEIR SUCCESS. EACH CHILD RECEIVES 1:1 SUPPORT AND GUIDANCE FROM A SALARIED, PROFESSIONAL MENTOR (CALLED A FRIEND), FROM KINDERGARTEN THROUGH HIGH SCHOOL GRADUATION-12.

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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 (2024)

Revenue Breakdown

Contributions & Grants $755,007
Program Service Revenue $0
Investment Income $42,954
Other Revenue $91,290
TOTAL REVENUE $889,251

Expense Breakdown

Grants Paid $0
Salaries & Benefits $929,326
Fundraising Expenses $92,840
Program Expenses $954,511
Other Expenses $217,756
TOTAL EXPENSES $1,147,082

Year-over-Year Comparison

2024 2023 Change
Revenue $889,251 $1,336,742 -0.3%
Expenses $1,147,082 $1,254,844 -0.1%
Net Income $-257,831 $81,898 -4.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
21
Volunteers
25

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
$125,000
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN NELSON BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE WOOD TREASURER 1.00
Officer Director
$0 $0 $0
ASHLEY MAUCH CHAIR 1.00
Officer Director
$0 $0 $0
RYAN GOODMAN VICE CHAIR 1.00
Officer Director
$0 $0 $0
AMBER BLOMBERG BOARD MEMBER 1.00
Director
$0 $0 $0
TREVOR HAUSAUER BOARD MEMBER 1.00
Director
$0 $0 $0
LEVI OTIS BOARD MEMBER 1.00
Director
$0 $0 $0
TRACEY KLOUBUCHAR BOARD MEMBER 1.00
Director
$0 $0 $0
JAY EVANS BOARD MEMBER 1.00
Director
$0 $0 $0
BETHANY WALL EXECUTIVE DIRECTOR 40.00
Officer
$125,000 $0 $125,000
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
2025 $889,251 $1,147,082 $572,048 $-257,831
2024 $1,336,742 $1,254,844 $926,664 $81,898
2023 $599,385 $1,126,042 $791,295 $-526,657
2022 $1,081,468 $718,789 $1,172,689 $362,679
2022 $1,085,854 $714,813 $1,181,051 $371,041
2021 $822,836 $555,262 $777,456 $267,574
2020 $663,957 $495,639 $556,397 $168,318
2019 $340,000 $26,058 $319,057 $313,942
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