MY FRIEND ABBY INC

EIN: 842675464 501(c)(3)

TRUMBULL, CT

Total Revenue
$121,222
Total Expenses
$168,370
Total Assets
$191,965
Net Assets
$188,754
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CT
Principal Officer
GILLIAN ANDERSON
Phone
2032091726
Tax Period
2022-07-01 to 2023-06-30

MY FRIEND ABBY INC, founded in 2019, is a small nonprofit that reported $121K in total revenue in fiscal year 2022. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $168K exceeded revenue, resulting in a 39% operating deficit.

Mission

TO EMPOWER YOUTH AND YOUNG ADULTS TO CREATE PEER TO PEER CONNECTIONS THROUGH GRANTS THAT IMPROVE MENTAL AND EMOTIONAL HEALTH

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $110,981
Program Service Revenue $0
Investment Income $0
Other Revenue $10,241
TOTAL REVENUE $121,222

Expense Breakdown

Grants Paid $2,497
Salaries & Benefits $141,292
Fundraising Expenses $555
Program Expenses $163,321
Other Expenses $24,581
TOTAL EXPENSES $168,370

Year-over-Year Comparison

2022 2021 Change
Revenue $121,222 $231,940 -0.5%
Expenses $168,370 $157,883 +0.1%
Net Income $-47,148 $74,057 -1.6%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

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
1
$99,875
Total Directors
1
$99,875
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GILLIAN ANDERSON CEO 60.00
Officer Director
$99,875 $0 $99,875
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 $121,222 $168,370 $191,965 $-47,148
2022 $231,940 $157,883 $260,948 $74,057
Explore More Nonprofits
→Top 100 Nonprofits in Connecticut →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MY FRIEND ABBY INC with other nonprofits in Connecticut and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.