FRIENDS OF THE CHILDREN - SW WASHINGTON (EIN 851261131) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

ALLISON PAULETTO

Phone

3602074352

Tax Period

2023-09-01 to 2024-08-31

FRIENDS OF THE CHILDREN - SW WASHINGTON, founded in 2020, is a community nonprofit in the Youth Development sector that reported $5.3M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.6M, a strong 67% operating margin.

Mission

FRIENDS OF THE CHILDREN IS A PREVENTION AND EARLY INTERVENTION PROGRAM HELPING THE CHILDREN FACING THE GREATEST RISK FACTORS TO DEVELOP THE RELATIONSHIPS, GOALS, AND SKILLS NECESSARY TO BREAK THE CYCLE OF POVERTY, ABUSE AND VIOLENCE AND CHANGE THEIR LIFE'S TRAJECTORY. WE WORK WITH CHILDREN STARTING IN KINDERGARTEN AND STAY WITH THEM THROUGH HIGH SCHOOL GRADUATION - NO MATTER WHAT. EACH CHILD IS PAIRED WITH A "FRIEND" (A SALARIED, TRAINED, PROFESSIONAL, FULL-TIME STAFF MEMBER OF FRIENDS OF THE CHILDREN) AND THEY SPEND 4 HOURS A WEEK TOGHETHER 1:1 - IN SCHOOL, AT HOME AND IN THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,041,796

Program Service Revenue $0

Investment Income $242,238

Other Revenue $33,920

TOTAL REVENUE $5,317,954

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,213,655

Fundraising Expenses $286,817

Program Expenses $1,236,051

Other Expenses $528,369

TOTAL EXPENSES $1,742,024

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,317,954	$3,744,083	+0.4%
Expenses	$1,742,024	$1,567,826	+0.1%
Net Income	$3,575,930	$2,176,257	+0.6%

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

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

$136,578

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE GOODWIN	CHAIR	2.00	Officer Director	$0	$0	$0
KATHLEEN KEE	SECRETARY	2.00	Officer Director	$0	$0	$0
LUDEK JANOUSEK	TREASURER	2.00	Officer Director	$0	$0	$0
CYNDI HOLLOWAY	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN CROCE	VICE CHAIR	2.00	Officer Director	$0	$0	$0
LAURELL DAVIDSON	DIRECTOR	1.00	Director	$0	$0	$0
KAREN SCHWARTZ SPARKS	DIRECTOR	1.00	Director	$0	$0	$0
ABBY WEAST	DIRECTOR	1.00	Director	$0	$0	$0
LEAH BLACK	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER DOWELL	DIRECTOR	1.00	Director	$0	$0	$0
TIM SCHAUER	DIRECTOR	1.00	Director	$0	$0	$0
MARSHA DEE	DIRECTOR	1.00	Director	$0	$0	$0
TINA FOSTER	DIRECTOR	1.00	Director	$0	$0	$0
ADAM HARDEN	DIRECTOR	1.00	Director	$0	$0	$0
ALLISON PAULETTO	EXECUTIVE DIRECTOR	40.00	Officer	$127,086	$9,492	$136,578

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	$5,317,954	$1,742,024	$7,162,626	$3,575,930
2023	$3,744,083	$1,567,826	$3,602,129	$2,176,257
2022	$1,191,785	$968,392	$1,363,594	$223,393
2021	$2,098,730	$1,133,597	$1,131,400	$965,133

FRIENDS OF THE CHILDREN - SW WASHINGTON