FRIARS CORP & FRATERNITY (EIN 840720021) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

CRAIG BAKER

Phone

7202095873

Tax Period

2023-01-01 to 2023-12-31

FRIARS CORP & FRATERNITY, founded in 2003, is a micro nonprofit that reported $94K in total revenue in fiscal year 2023. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $376K exceeded revenue, resulting in a 301% operating deficit.

Mission

MEMBERSHIP AFFORDS OUR MEMBERS OPPORTUNITIES FOR LOW-COST ROOM AND BOARD, FELLOWSHIP, COMINGLING AND NETWORKING THROUGH SHARED DORMITORY, COMMON AREA INTERACTIONS AND SCHEDULDED MEMBER EVENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $93,684

Investment Income $0

Other Revenue $0

TOTAL REVENUE $93,684

Expense Breakdown

Grants Paid $4,750

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $371,391

TOTAL EXPENSES $376,141

Year-over-Year Comparison

	2023	2022	Change
Revenue	$93,684	$909,717	-0.9%
Expenses	$376,141	$730,900	-0.5%
Net Income	$-282,457	$178,817	-2.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG BAKER	TREASURER	8.00	Officer Director	$0	$0	$0
DON MCCARTHY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ALEX MONTOYA	PRESIDENT	1.00	Officer Director	$0	$0	$0
MIKE PROCTOR	SECRETARY	1.00	Officer 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
2025	No data	No data	No data	No data
2023	$93,684	$376,141	$5,914,460	$-282,457
2022	$909,717	$730,900	$5,884,482	$178,817
2021	$806,829	$748,257	$3,751,102	$58,572
2020	$700,764	$671,054	$3,805,549	$29,710
2019	$822,356	$834,405	$3,915,289	$-12,049
2018	$679,236	$753,923	$3,809,999	$-74,687

FRIARS CORP & FRATERNITY