FRED KENNEDY ASSOCIATES INC (EIN 953376262) - 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

1978

Legal Domicile

Principal Officer

AARON WATKINS

Phone

3105211263

Tax Period

2024-01-01 to 2024-12-31

FRED KENNEDY ASSOCIATES INC, founded in 1978, is a small nonprofit in the Unknown sector that reported $767K in total revenue in fiscal year 2024.

Mission

WE BELIEVE THAT CHEMICAL DEPENDENCY INCLUDING ALCOHOLISM AND DRUG ADDICTION IS A TREATABLE DISEASE THAT AFFECTS NOT ONLY THE ADDICTED BUT THOSE WHO ARE SIGNIFICANT TO THAT PERSON AND THE COMMUNITY AS A WHOLE

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $766,139

Investment Income $6

Other Revenue $1,237

TOTAL REVENUE $767,382

Expense Breakdown

Grants Paid $0

Salaries & Benefits $409,524

Fundraising Expenses $0

Program Expenses $448,674

Other Expenses $356,361

TOTAL EXPENSES $765,885

Year-over-Year Comparison

	2024	2023	Change
Revenue	$767,382	$800,532	0.0%
Expenses	$765,885	$750,388	+0.0%
Net Income	$1,497	$50,144	-1.0%

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

N/A

Employees

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

$103,799

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON WATKINS	CEO - EXECUTIVE DIRECTOR	25.00	Officer Highest	$66,679	$0	$66,679
GLORIA WATKINS	SECRETARY	8.00	Officer	$25,120	$0	$25,120
JUDITH WATKINS	VICE PRESIDENT	4.00	Officer	$6,000	$0	$6,000
JEANETTE GILMORE	TREASURER	4.00	Officer	$6,000	$0	$6,000

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	$767,382	$765,885	$118,985	$1,497
2023	$800,532	$750,388	$113,688	$50,144
2022	$643,868	$650,082	$75,520	$-6,214
2021	$679,813	$627,399	$72,694	$52,414
2020	$407,190	$408,672	$165,898	$-1,482
2019	$349,155	$358,565	$18,838	$-9,410
2018	$326,907	$337,280	$28,016	$-10,373

FRED KENNEDY ASSOCIATES INC