SAN FRANCISCO BAY AREA LITTLE BROTHERS - FRIENDS OF THE ELDERLY

EIN: 943143730 501(c)(3) Human Services

San Francisco, CA

Total Revenue
$553,418
Total Expenses
$435,226
Total Assets
$446,973
Net Assets
$407,533
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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
1991
Legal Domicile
CA
Principal Officer
Cathy Michalec
Phone
4157717957
Tax Period
2023-10-01 to 2024-09-30

SAN FRANCISCO BAY AREA LITTLE BROTHERS - FRIENDS OF THE ELDERLY, founded in 1991, is a small nonprofit in the Human Services sector that reported $553K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $118K, a strong 21% operating margin.

Mission

Little Brothers Friends of the Elderly (LBFE) is a non-profit committed to relieving isolation and lonliness among older adults in the San Fransico Bay Area. We offer the people of goodwill the opportunity to join the older adults in the celebration of life.

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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 (2023)

Revenue Breakdown

Contributions & Grants $553,418
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $553,418

Expense Breakdown

Grants Paid $0
Salaries & Benefits $302,991
Fundraising Expenses $78,423
Program Expenses $297,827
Other Expenses $132,235
TOTAL EXPENSES $435,226

Year-over-Year Comparison

2023 2022 Change
Revenue $553,418 $487,454 +0.1%
Expenses $435,226 $404,211 +0.1%
Net Income $118,192 $83,243 +0.4%
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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Governance

Voting Members
14
Independent Members
14
Employees
5
Volunteers
1364

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
3
$0
Total Directors
9
$0
Key Employees
1
$103,601
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cathy Michalec Key Employee 37.5
Key Emp Highest
$103,601 $0 $103,601
Catherine Reid Board Member 1
Director
$0 $0 $0
Rowena Richie Board Member 1
Director
$0 $0 $0
Malvika Singh Board Member 1
Director
$0 $0 $0
James Lee Board Member 1
Director
$0 $0 $0
Shannon Kennedy Board Secretary 2
Director
$0 $0 $0
Callie Ryan Board Member 1
Director
$0 $0 $0
Sophia Xing Board Member 1
Director
$0 $0 $0
Britt Adams Board Member 1
Director
$0 $0 $0
Junai Testa Board Member 1
Director
$0 $0 $0
Johnell Davidson Board President 2
Officer
$0 $0 $0
Brendon Coates Board Treasurer 2
Officer
$0 $0 $0
John Lyons Board Vice President 2
Officer
$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
2024 $553,418 $435,226 $446,973 $118,192
2023 $487,454 $404,211 $351,351 $83,243
2022 $391,814 $332,281 $284,903 $59,533
2021 $382,793 $313,461 $245,323 $69,332
2020 $441,246 $319,260 $194,195 $121,986
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