ELDERFRIENDS A FOUNDATION FOR OLDER ADULTS

EIN: 861028945 501(c)(3) Human Services

PHOENIX, AZ

Total Revenue
$177,212
Total Expenses
$960
Total Assets
$791,668
Net Assets
$791,668
🔒

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
2000
Legal Domicile
AZ
Phone
6022642255
Tax Period
2024-07-01 to 2025-06-30

ELDERFRIENDS A FOUNDATION FOR OLDER ADULTS, founded in 2000, is a small nonprofit in the Human Services sector that reported $177K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $176K, a strong 99% operating margin.

Mission

ELDERFRIENDS WAS CREATED TO DEVELOP COMMUNITY RESOURCES THAT BENEFIT THE PROGRAMS OF SERVICES OF THE COMUNITY AND ADDRESS THE UNMET NEEDS OF OLDER ADULTS

Program Service Accomplishments

Program 1

ELDERFRIENDS WAS CREATED TO DEVELOP COMMUNITY RESOURCES THAT BENEFIT THE PROGRAMS OR SERVICES OF THE COMUNITY AND ADDRESS THE UNMET NEEDS OF OLDER ADULTS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $164,721
Program Service Revenue $0
Investment Income $11,791
Other Revenue $700
TOTAL REVENUE $177,212

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $960
TOTAL EXPENSES $960

Year-over-Year Comparison

2024 2023 Change
Revenue $177,212 $195,611 -0.1%
Expenses $960 $48,871 -1.0%
Net Income $176,252 $146,740 +0.2%
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
2
Independent Members
2
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
3
$336,698
Total Directors
3
$336,698
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY LYNN KASUNIC PRESIDENT AND CEO 2.00
Officer Director
$0 $30,975 $336,698
CATHY SHUMARD CHAIRMAN 2.00
Officer Director
$0 $0 $0
HARRY GAREWAL SECRETARYTREASURER 2.00
Officer Director
$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 $177,212 $960 $791,668 $176,252
2024 No data No data No data No data
2021 $222,694 $16,910 $309,655 $205,784
Explore More Nonprofits
→Top 100 Nonprofits in Arizona →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ELDERFRIENDS A FOUNDATION FOR OLDER ADULTS with other nonprofits in Arizona 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.