FRIENDS OF FLORENCE INC (EIN 930931139) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

RICK YECNY

Phone

5419971485

Tax Period

2025-04-01 to 2026-03-31

FRIENDS OF FLORENCE INC, founded in 1985, is a small nonprofit that reported $370K in total revenue in fiscal year 2025. The organization ran a surplus of $319K, a strong 86% operating margin.

Mission

TO PROVIDE MEDICAL TRANSPORTATION AND OTHER SUPPORT SERVICES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $265,510

Program Service Revenue $7,200

Investment Income $40,420

Other Revenue $57,307

TOTAL REVENUE $370,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,627

Other Expenses $51,627

TOTAL EXPENSES $51,627

Year-over-Year Comparison

	2025	2024	Change
Revenue	$370,437	$377,568	0.0%
Expenses	$51,627	$50,047	+0.0%
Net Income	$318,810	$327,521	0.0%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY BACON	DIRECTOR	N/A	Director	$0	$0	$0
LORI GATES	DIRECTOR	N/A	Director	$0	$0	$0
ELLEN HUNTINGDON	DIRECTOR	N/A	Director	$0	$0	$0
MARGARET MCDIARMID	SECRETARY	N/A	Officer Director	$0	$0	$0
JULIE MCMILLEN	TREASURER	N/A	Officer Director	$0	$0	$0
CONNIE OWENS	DIRECTOR	N/A	Director	$0	$0	$0
LAURA SMITH	DIRECTOR	N/A	Director	$0	$0	$0
TED STEVENS	DIRECTOR	N/A	Director	$0	$0	$0
JON THOMPSON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
RICK YECNY	PRESIDENT	N/A	Officer 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
2026	$370,437	$51,627	$1,490,382	$318,810
2025	$377,568	$50,047	$1,171,572	$327,521
2024	$135,469	$49,929	$844,051	$85,540
2023	$78,548	$50,593	$758,511	$27,955
2022	$70,272	$42,404	$730,556	$27,868
2021	$141,251	$36,027	$702,688	$105,224
2020	$27,913	$46,531	$597,464	$-18,618
2019	$66,542	$41,212	$616,082	$25,330

FRIENDS OF FLORENCE INC