COMMUNITY FRIENDS INC C/O Martin V Katz

Nonprofit profile at a glance

EIN
061643355
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
West Palm Beach, FL, USA
Phone
5617216720
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Reported finances

Revenue
$19,693
Expenses
$57,627
Assets
$90,235
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Deborah F Katz (President)
  • Martin V Katz (Vice-President)

People named in this filing

  • Deborah F Katz (President)
  • Martin V Katz (Vice-President)
  • Michael A Katz (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Collect and distribute necessaries for the needy

What it reported doing in 2024

Gifts to charities serving the needy: clothing & toys for children; clothing & stuffed animals for the elderly; clothing & other necessaries for teens & adults

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 14
  • Transparency & Controls: 82
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 19%; rating input score 19
  • Program expense ratio: 6.5%; rating input score 7

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -192.6%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 1.57; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.2% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 19.4% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 19% of revenue deployed · 6.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 19/100.
  • High — Financial Efficiency: Program expense ratio scored 7/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 5/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.