FRIENDS OF THE FATHERLESS

EIN: 850447704 501(c)(3) Human Services

Albuquerque, NM

Total Revenue
$309,494
Total Expenses
$351,102
Total Assets
$17,794
Net Assets
$21,882
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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
2013
Legal Domicile
NM
Principal Officer
GARY MAHBOUB
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF THE FATHERLESS, founded in 2013, is a small nonprofit in the Human Services sector that reported $309K in total revenue in fiscal year 2023. Expenses of $351K exceeded revenue, resulting in a 13% operating deficit.

Mission

To help the needs of abandoned children. Facilitating journeys to orphanages worldwide in order to enhance with resources, funding, and encouragement. Operation of thrift store locally with products for sale to the public, and supply children locally with free products.

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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 $161,798
Program Service Revenue $147,609
Investment Income $87
Other Revenue $0
TOTAL REVENUE $309,494

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,634
Fundraising Expenses $0
Program Expenses $351,102
Other Expenses $285,468
TOTAL EXPENSES $351,102

Year-over-Year Comparison

2023 2022 Change
Revenue $309,494 $307,391 +0.0%
Expenses $351,102 $320,957 +0.1%
Net Income $-41,608 $-13,566 +2.1%
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

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
1
Independent Members
N/A
Employees
4
Volunteers
20

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY MAHBOUB PRESIDENT 40.00
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
2024 No data No data No data No data
2023 $309,494 $351,102 $17,794 $-41,608
2022 $307,391 $320,957 $59,058 $-13,566
2021 $347,776 $308,850 $78,628 $38,926
2020 $265,997 $217,188 $44,789 $48,809
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