FRIENDS OF THE CHILDREN - TEXAS (EIN 932956807) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

NANCY POLLARD

Phone

5127176701

Tax Period

2023-09-01 to 2024-08-31

FRIENDS OF THE CHILDREN - TEXAS, founded in 2023, is a small nonprofit in the Human Services sector that reported $522K in total revenue in fiscal year 2023. The organization ran a surplus of $271K, a strong 52% operating margin.

Mission

FRIENDS OF THE CHILDREN IS THE ONLY PROGRAM IN THE NATION THAT PROVIDES FULL TIME PROFESSIONAL SALARIED MENTORS TO YOUTH FACING THE GREATEST CHALLENGES. EACH CHILD RECEIVES 1:1 SUPPORT AND GUIDANCE FROM A SALARIED, PROFESSIONAL MENTOR (CALLED A FRIEND) FROM KINDERGARTEN THROUGH HIGH SCHOOL GRADUATION. 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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $500,500

Program Service Revenue $0

Investment Income $7,864

Other Revenue $13,469

TOTAL REVENUE $521,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $202,457

Fundraising Expenses $3,650

Program Expenses $153,229

Other Expenses $48,429

TOTAL EXPENSES $250,886

Year-over-Year Comparison

	2023	2022	Change
Revenue	$521,833	N/A	N/A
Expenses	$250,886	N/A	N/A
Net Income	$270,947	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$188,912

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MILAM NEWBY	BOARD CHAIR	1.00	Director	$0	$0	$0
ERINN KELLEY-SIEL	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT HUGHES	BOARD MEMBER	1.00	Director	$0	$0	$0
NANCY POLLARD	EXECUTIVE DIRECTOR	40.00	Officer	$0	$4,179	$188,912

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	$521,833	$250,886	$333,580	$270,947

FRIENDS OF THE CHILDREN - TEXAS