FRIENDS OF THE CHILDREN TACOMA

EIN: 843340283 501(c)(3) Youth Development

TACOMA, WA

Total Revenue
$1,015,360
Total Expenses
$1,057,391
Total Assets
$1,080,155
Net Assets
$813,059
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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
2019
Legal Domicile
WA
Principal Officer
JR NOBLES
Phone
2539991151
Tax Period
2023-09-01 to 2024-08-31

FRIENDS OF THE CHILDREN TACOMA, founded in 2019, is a community nonprofit in the Youth Development sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 108% from the prior year, signaling strong growth momentum.

Mission

FRIENDS OF THE CHILDREN - TACOMA IS A WASHINGTON BASED NONPROFIT WITH THE MISSION OF IMPACTING GENERATIONAL CHANGE BY EMPOWERING YOUTH WHO ARE FACING THE GREATEST OBSTACLES THROUGH RELATIONSHIPS WITH PROFESSIONAL MENTORS - 12+ YEARS, NO MATTER WHAT. 83% OF OUR YOUTH RECEIVE A HIGH SCHOOL DIPLOMA OR GED, 98% OF OUR YOUTH WAIT TO BECOME PARENTS UNTIL AFTER THEIR TEENS, 93% OF OUR YOUTH REMAIN FREE FROM JUVENILE JUSTICE SYSTEM INVOLVEMENT, AND 92% OF OUR YOUTH GO ON TO ENROLL IN POST-SECONDARY EDUCATION, SERVE OUR COUNTRY OR ENTER THE WORKFORCE.

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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 $1,015,337
Program Service Revenue $0
Investment Income $23
Other Revenue $0
TOTAL REVENUE $1,015,360

Expense Breakdown

Grants Paid $0
Salaries & Benefits $735,103
Fundraising Expenses $190,910
Program Expenses $731,384
Other Expenses $322,288
TOTAL EXPENSES $1,057,391

Year-over-Year Comparison

2023 2022 Change
Revenue $1,015,360 $487,003 +1.1%
Expenses $1,057,391 $914,199 +0.2%
Net Income $-42,031 $-427,196 -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
4
Independent Members
4
Employees
13
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
4
$133,183
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAREKA FORTIER BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JESSICA CASE SECRETARY 1.00
Officer Director
$0 $0 $0
WENDY CLEVELAND TREASURER 1.00
Officer Director
$0 $0 $0
TODD BLODGETT BOARD MEMBER 1.00
Director
$0 $0 $0
SHANNA LAMAR BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE SARBER BOARD MEMBER 1.00
Director
$0 $0 $0
DEANNE HAMILTON BOARD MEMBER 1.00
Director
$0 $0 $0
EMILY HAPPY BOARD MEMBER 1.00
Director
$0 $0 $0
JR NOBLES EXECUTIVE DIRECTOR 40.00
Officer
$123,154 $10,029 $133,183
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 $1,015,360 $1,057,391 $1,080,155 $-42,031
2023 $487,003 $914,199 $933,744 $-427,196
2022 $1,821,784 $1,003,491 $1,292,871 $818,293
2021 $458,468 $786,889 $451,607 $-328,421
2020 $1,357,944 $607,176 $827,866 $750,768
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