FLIP FLOP FRIENDS INC

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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

Principal Officer

AMY MAZZAN

Phone

7034089214

Tax Period

2024-03-01 to 2025-02-28

FLIP FLOP FRIENDS INC, founded in 2018, is a small nonprofit in the Education sector that reported $342K in total revenue in fiscal year 2024. Revenue surged 1245% from the prior year, signaling strong growth momentum. The organization ran a surplus of $323K, a strong 95% operating margin.

Mission

OUR ORGANIZATION ENHANCES EDUCATIONAL OPPORTUNITIES FOR CHILDREN IN REMOTE KENYA BY PROVIDING ESSENTIAL RESOURCES LIKE SHOES, BOOK BAGS, AND FEMININE PRODUCTS, ENSURING EVERY CHILD CAN ATTEND SCHOOL CONSISTENTLY. WE ALSO PROVIDE SECONDARY SCHOOL TUITION FOR TOP STUDENTS.

Program Service Accomplishments

Program 1

Expenses: $6,485

PROVIDED 457 PAIRS OF SCHOOL SHOES, 721 PAIRS OF FLIP FLOPS, AND 120 BOOK BAGS FOR STUDENTS IN 3 DIFFERENT PRIMARY SCHOOLS.

Program 2

Expenses: $2,636

PROVIDED SECONDARY SCHOOL TUITION SCHOLARSHIPS FOR 6 HIGH SCHOOL STUDENTS.

Program 3

Expenses: $1,202

PROVIDED SCHOOL SUPPLIES AND UNIFORMS FOR SEVERAL STUDENTS, AND PROVIDED FUNDS FOR SCHOOL INTERNET SERVICE PROVIDER.

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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 $336,712

Program Service Revenue $0

Investment Income $4,853

Other Revenue $0

TOTAL REVENUE $341,565

Expense Breakdown

Grants Paid $12,628

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,628

Other Expenses $6,012

TOTAL EXPENSES $18,640

Year-over-Year Comparison

	2024	2023	Change
Revenue	$341,565	$25,395	+12.5%
Expenses	$18,640	N/A	N/A
Net Income	$322,925	$25,395	+11.7%

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

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
CAROL EVANS-JACKSON	N/A	1.00	Director	$0	$0	$0
FLIP HOWARD	N/A	1.00	Director	$0	$0	$0
IFE MATOYA	N/A	1.00	Director	$0	$0	$0
AMY MAZZAN	CEO	5.00	Officer	$0	$0	$0
CARL MAZZAN Sr	CFO	5.00	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
2025	$341,565	$18,640	$410,818	$322,925