Friends of MS Charities (EIN 870620048) - 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

1998

Legal Domicile

Phone

8014632475

Tax Period

2024-01-01 to 2024-12-31

Friends of MS Charities, founded in 1998, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $181K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

Fighting the devastating effects of Multiple Sclerosis by providing employment to disabled individuals, funding research and treatments, and supporting services for persons and families impacted by Multiple Sclerosis.

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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 (2024)

Revenue Breakdown

Contributions & Grants $181,290

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $181,290

Expense Breakdown

Grants Paid $1,177

Salaries & Benefits $0

Fundraising Expenses $169,335

Program Expenses $1,177

Other Expenses $194,422

TOTAL EXPENSES $195,599

Year-over-Year Comparison

	2024	2023	Change
Revenue	$181,290	$245,211	-0.3%
Expenses	$195,599	$272,894	-0.3%
Net Income	$-14,309	$-27,683	-0.5%

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

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
Jo Lee Heaton	Board Member	1.00	Director	$0	$0	$0
Damon Coombs	Vice Chairman	1.00	Director	$0	$0	$0
Susan Dunn	Board Member	1.00	Director	$0	$0	$0
Brandon Sheppard	Board Member	1.00	Director	$0	$0	$0
Robert Clark	Board Member	6.00	Director	$0	$0	$0
Francis Maurice	Executive Dir.	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	$181,290	$195,599	$11,119	$-14,309
2023	$245,211	$272,894	$25,427	$-27,683
2022	$469,724	$521,117	$54,315	$-51,393
2021	$708,168	$745,038	$135,044	$-36,870
2020	$826,283	$999,977	$216,069	$-173,694
2019	$1,243,914	$1,218,391	$444,900	$25,523
2018	$1,188,294	$1,184,218	$410,819	$4,076

Friends of MS Charities