FRIENDLY FRIDGE FOUNDATION INC

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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

Selma Raven

Phone

9175337196

Tax Period

2021-10-01 to 2021-12-31

FRIENDLY FRIDGE FOUNDATION INC, founded in 2021, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $7K in total revenue in fiscal year 2021. The organization ran a surplus of $7K, a strong 99% operating margin.

Mission

Provide access to healthy foods and to redirect extra foods into the hands of community members who need it.

Program Service Accomplishments

Program 1

Expenses: $47 Revenue: $0

Providing access to healthy foods and redirecting foods that otherwise go to waste into the hands of the surrounding Bronx 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 (2021)

Revenue Breakdown

Contributions & Grants $6,690

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,690

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47

Other Expenses $47

TOTAL EXPENSES $47

Year-over-Year Comparison

	2021	2020	Change
Revenue	$6,690	$6,690	N/A
Expenses	$47	$47	N/A
Net Income	$6,643	$6,643	N/A

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

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
Selma Raven	President	35	Officer Director	$0	$0	$0
Sara Allen	Treasurer	20	Officer Director	$0	$0	$0
Lawrence Levine	Advisor	20	Director	$0	$0	$0
Nicholas Raven	Advisor	5	Director	$0	$0	$0
Lee Michel	Advisor	5	Director	$0	$0	$0
Berekat Ghebremedhim	Advisor	5	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
2021	$6,690	$47	$6,643	$6,643