FRIENDS OF THE LEBANESE FRANCISCAN SISTERS OF THE CROSS (EIN 862919407) - 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

2021

Legal Domicile

Principal Officer

KHALIL KANAAN

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF THE LEBANESE FRANCISCAN SISTERS OF THE CROSS, founded in 2021, is a small nonprofit that reported $175K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $148K, a strong 85% operating margin.

Mission

SECURE A SUSTAINABLE SOURCE OF ASSISTANCE FOR THE SISTERS IN SUPPORT OF THEIR DAILY VITAL NEEDS AS WELL AS IN RESTORING AND REHABILITATING THE EXISTING FACILITIES.

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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 $174,866

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $174,866

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $27,035

TOTAL EXPENSES $27,035

Year-over-Year Comparison

	2023	2022	Change
Revenue	$174,866	$371,177	-0.5%
Expenses	$27,035	$231,486	-0.9%
Net Income	$147,831	$139,691	+0.1%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZIAD BARGASH	CEO	001.00	Officer Director	$0	$0	$0
WILLIAM LU	BOARD MEMBER	001.00	Officer Director	$0	$0	$0
RITA MAKHLOUF KANAAN	BOARD MEMBER	001.00	Officer Director	$0	$0	$0
MAJDI RAMADAN	BOARD MEMBER	001.00	Officer Director	$0	$0	$0
KHALIL KANAAN	PRESIDENT	001.00	Officer Director	$0	$0	$0
CHARBEL MOARBES	BOARD MEMBER	001.00	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
2023	$174,866	$27,035	$317,602	$147,831
2022	$371,177	$231,486	$169,771	$139,691

FRIENDS OF THE LEBANESE FRANCISCAN SISTERS OF THE CROSS