Worldwide Friends Foundation

EIN: 882071011 501(c)(3) International Affairs

New York, NY

Total Revenue
$39,889,046
Total Expenses
$35,797,818
Total Assets
$5,340,082
Net Assets
$4,102,590
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
DE
Principal Officer
Michael Sinensky
Phone
7202528785
Tax Period
2024-01-01 to 2024-12-31

Worldwide Friends Foundation, founded in 2022, is a mid-sized nonprofit in the International Affairs sector that reported $39.9M in total revenue in fiscal year 2024. Revenue surged 176% from the prior year, signaling strong growth momentum. Expenses of $35.8M left a modest 10% surplus.

Mission

Israel Friends and Ukraine Friends are our flagship humanitarian missions, operating under the U.S.-based 501(c)(3) Worldwide Friends Foundation. Both programs were launched in response to humanitarian emergencies.

Program Service Accomplishments

Program 1
Expenses: $10,933,798

Critical Aid:Critical Aid and Protective Equipment program expenses consist of commercial purchases of uniforms, boots, vests, helmets, and other items of a similar protective nature.

Program 2
Expenses: $667,223

Humanitarian:Humanitarian expenses include costs associated with providing PTSD care, first aid supplies, other medical supplies, etc.

Program 3
Expenses: $21,796,491

Technical:Technology program expenses consist of purchases of commercial drones, commercial cameras, generators, flashlights, phones, etc.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $39,848,067
Program Service Revenue $0
Investment Income $46,076
Other Revenue $-5,097
TOTAL REVENUE $39,889,046

Expense Breakdown

Grants Paid $2,330,344
Salaries & Benefits $437,482
Fundraising Expenses $867,241
Program Expenses $34,402,830
Other Expenses $32,961,107
TOTAL EXPENSES $35,797,818

Year-over-Year Comparison

2024 2023 Change
Revenue $39,889,046 $14,430,046 +1.8%
Expenses $35,797,818 $14,603,931 +1.5%
Net Income $4,091,228 $-173,885 -24.5%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
5
Volunteers
75

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
6
$289,696
Total Directors
5
$236,672
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Sinensky President 1.00
Officer Director
$0 $0 $0
Robert Skoda Treasurer (till Jan 2024) 1.00
Officer Director
$0 $0 $0
Tyler Peters Officer 1.00
Officer Director
$0 $0 $0
Amy Bove Treasurer 1.00
Officer Director
$0 $0 $0
Kyle Blank Exec. Director IF/Secretary 40.00
Officer Director
$236,672 $0 $236,672
Theodore Raskin Fundraising Coordinator 40.00
Officer
$53,024 $0 $53,024
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 $39,889,046 $35,797,818 $5,340,082 $4,091,228
2023 $14,430,046 $14,603,931 $2,897,528 $-173,885
2022 $1,202,621 $1,016,512 $186,109 $186,109
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