FRIENDS OF THE CHILDREN - TWIN CITIES

EIN: 920729592 501(c)(3) Youth Development

MINNEAPOLIS, MN

Total Revenue
$636,479
Total Expenses
$910,394
Total Assets
$502,963
Net Assets
$462,237
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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
2023
Legal Domicile
MN
Principal Officer
BATALARA MCFARLANE
Phone
7639993811
Tax Period
2024-09-01 to 2025-08-31

FRIENDS OF THE CHILDREN - TWIN CITIES, founded in 2023, is a small nonprofit in the Youth Development sector that reported $636K in total revenue in fiscal year 2024. Revenue surged 217% from the prior year, signaling strong growth momentum. Expenses of $910K exceeded revenue, resulting in a 43% operating deficit.

Mission

FRIENDS OF THE CHILDREN COMMITS TO STANDING ALONGSIDE OUR COMMUNITY'S YOUTH AS THEY WORK TO OVERCOME BARRIERS TO THEIR SUCCESS. EACH CHILD RECEIVES 1:1 SUPPORT AND GUIDANCE FROM A SALARIED, PROFESSIONAL MENTOR (CALLED A FRIEND), FROM KINDERGARTEN THROUGH HIGH SCHOOL GRADUATION-12 YEARS, NO MATTER WHAT. FRIENDS WORK COLLABORATIVELY WITH HIGH-PRIORITY YOUTH AND THEIR CAREGIVERS TO SET AND ACHIEVE INDIVIDUALIZED GOALS, AS WELL AS ADVOCATE FOR THEM IN THE SCHOOL, CHILD WELFARE, HEALTHCARE, AND OTHER SYSTEMS THAT IMPACT THEM.

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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 $636,479
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $636,479

Expense Breakdown

Grants Paid $0
Salaries & Benefits $668,476
Fundraising Expenses $31,805
Program Expenses $773,300
Other Expenses $241,918
TOTAL EXPENSES $910,394

Year-over-Year Comparison

2024 2023 Change
Revenue $636,479 $200,840 +2.2%
Expenses $910,394 $806,986 +0.1%
Net Income $-273,915 $-606,146 -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

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Governance

Voting Members
6
Independent Members
6
Employees
14
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
4
$171,763
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYRRA RANKINE CHAIR 1.00
Officer Director
$0 $0 $0
TERRI SORENSEN DIRECTOR 1.00
Director
$0 $0 $0
SIMONE HARDEMAN-JONES DIRECTOR 1.00
Director
$0 $0 $0
NEGAH CONNELLY DIRECTOR 1.00
Director
$0 $0 $0
AMY PFARR WALKER DIRECTOR 1.00
Director
$0 $0 $0
COURTNEY ANDERSEN TREASURER 1.00
Officer Director
$0 $0 $0
BRETT BUCKNER EXECUTIVE DIRECTOR 40.00
Officer
$25,962 $52 $26,014
BATALARA MCFARLANE EXECUTIVE DIRECTOR 40.00
Officer
$135,000 $10,749 $145,749
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 $636,479 $910,394 $502,963 $-273,915
2024 $200,840 $806,986 $797,235 $-606,146
2023 $1,555,695 $213,397 $1,473,657 $1,342,298
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