FRIENDSHIP FOREST ACADEMY

EIN: 921919304 501(c)(3) Education

Lawrenceville, GA

Total Revenue
$460,344
Total Expenses
$474,180
Total Assets
$15,716
Net Assets
$15,716
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
GA
Principal Officer
Jennifer Hickey
Phone
7703224361
Tax Period
2024-08-01 to 2025-07-31

FRIENDSHIP FOREST ACADEMY, founded in 2023, is a small nonprofit in the Education sector that reported $460K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum.

Mission

We are a private school for neurodivergent children ages 5-14. We offer high-quality individualized education to children with learning, sensory, and communication differences (including, but not limited to, autistic children and children with ADHD and dyslexia). Our classes are small, with a maximum of six students and a 2:1 student teacher ratio. Children are grouped by age and abilities. We believe that flexible educational strategies and innovative perspectives are crucial to a meaningful learning process. We exist to support neurodiversity and to aid our students in finding and nurturing their unique abilities, fulfilling their dreams, and benefiting society. We believe that inclusion in education is only effective if the physical spaces and teaching practices are intentionally designed to accommodate the unique characteristics of each child.

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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 $271,771
Program Service Revenue $188,573
Investment Income $0
Other Revenue $0
TOTAL REVENUE $460,344

Expense Breakdown

Grants Paid $0
Salaries & Benefits $398,082
Fundraising Expenses $5,100
Program Expenses $383,823
Other Expenses $70,998
TOTAL EXPENSES $474,180

Year-over-Year Comparison

2024 2023 Change
Revenue $460,344 $309,634 +0.5%
Expenses $474,180 $447,407 +0.1%
Net Income $-13,836 $-137,773 -0.9%
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
16
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Hickey President/Treasurer 15
Officer Director
$0 $0 $0
Kathleen Halvorsen Director 2
Director
$0 $0 $0
Lisa Boggs Secretary 3
Officer Director
$0 $0 $0
Renitta Shannon Director 1
Director
$0 $0 $0
Andrew Thams Director 1
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
2025 $460,344 $474,180 $15,716 $-13,836
2024 $309,634 $447,407 $35,923 $-137,773
2023 $209,154 $41,829 $171,285 $167,325
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