FRIENDSHIP MANOR CORPORATION (EIN 870275486) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Phone

8015823100

Tax Period

2024-10-01 to 2025-09-30

FRIENDSHIP MANOR CORPORATION, founded in 1965, is a community nonprofit in the Housing & Shelter sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 35% operating margin.

Mission

PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND DISABLED.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,002,911

Program Service Revenue $1,782,829

Investment Income $23,730

Other Revenue $0

TOTAL REVENUE $3,809,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $864,363

Fundraising Expenses $0

Program Expenses $2,320,771

Other Expenses $1,605,094

TOTAL EXPENSES $2,469,457

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,809,470	$2,660,392	+0.4%
Expenses	$2,469,457	$2,302,479	+0.1%
Net Income	$1,340,013	$357,913	+2.7%

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

Governance

Voting Members

Independent Members

Employees

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
KERRY SPIROFF	Director	0.50	Director	$0	$0	$0
MARSHA BACKELS	Director	0.50	Director	$0	$0	$0
CHARLES PIOLI	President	0.50	Officer Director	$0	$0	$0
LOUISE EWING	Director	0.50	Director	$0	$0	$0
KARYL BENNION	Director	0.50	Director	$0	$0	$0
VICKIE BRUNSTETTER	Director	0.50	Director	$0	$0	$0
BOB BAIRD	Director	0.50	Director	$0	$0	$0
WILL WARLICK	Director	0.50	Director	$0	$0	$0
ELIZABETH WEIGHT	Vice President	0.50	Officer Director	$0	$0	$0
ADAM KAUFMAN	Director	0.50	Director	$0	$0	$0
ROGER LAMONI	Director	0.50	Director	$0	$0	$0
JEAN BOYACK	Director	0.50	Director	$0	$0	$0
VIRGINIA HECKER	Director	0.50	Director	$0	$0	$0
SUSAN OLSON	Secretary	0.50	Officer Director	$0	$0	$0
GLENDA LEHOUX	Director	0.50	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	$3,809,470	$2,469,457	$5,805,909	$1,340,013
2024	$2,660,392	$2,302,479	$4,676,797	$357,913
2023	$2,566,015	$2,080,753	$4,474,175	$485,262
2022	$2,635,993	$2,249,498	$4,004,250	$386,495
2021	$2,988,855	$2,396,636	$3,612,309	$592,219
2020	$2,691,587	$2,297,415	$3,238,431	$394,172
2019	$2,472,144	$2,255,541	$2,723,028	$216,603
2018	$2,350,324	$2,242,587	$2,559,484	$107,737

FRIENDSHIP MANOR CORPORATION