Friendship Access to Clinical Therapeutic Services

EIN: 921063313 501(c)(3) Education

Little Rock, AR

Total Revenue
$844,678
Total Expenses
$653,069
Total Assets
$219,114
Net Assets
$219,114
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
AR
Principal Officer
Phong Tran
Phone
5015895670
Tax Period
2023-07-01 to 2024-06-30

Friendship Access to Clinical Therapeutic Services, founded in 2022, is a small nonprofit in the Education sector that reported $845K in total revenue in fiscal year 2023. Revenue surged 1907% from the prior year, signaling strong growth momentum. The organization ran a surplus of $192K, a strong 23% operating margin.

Mission

The organization paid contracted therapist to provide therapeutic services to approximately 100 students with dyslexia.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $844,678
Investment Income $0
Other Revenue $0
TOTAL REVENUE $844,678

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,700
Fundraising Expenses $0
Program Expenses $653,069
Other Expenses $620,369
TOTAL EXPENSES $653,069

Year-over-Year Comparison

2023 2022 Change
Revenue $844,678 $42,082 +19.1%
Expenses $653,069 $14,577 +43.8%
Net Income $191,609 $27,505 +6.0%
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
3
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
2
$32,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Phong Tran Director 10.00
Director
$15,300 $0 $15,300
Joe Harris Trustee 10.00
Director
$17,400 $0 $17,400
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 No data No data No data No data
2024 $844,678 $653,069 $219,114 $191,609
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