Philip Hofer Charitable Trust (EIN 046469904) - 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

1981

Legal Domicile

Principal Officer

Charles A Cheever

Phone

6172485255

Tax Period

2025-01-01 to 2025-12-31

Philip Hofer Charitable Trust, founded in 1981, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $214K in total revenue in fiscal year 2025. Revenue fell 38% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $62K, a strong 29% operating margin.

Mission

Grants to the Houghton Library at Harvard University

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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 $0

Program Service Revenue $0

Investment Income $214,111

Other Revenue $0

TOTAL REVENUE $214,111

Expense Breakdown

Grants Paid $103,829

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $133,649

Other Expenses $48,732

TOTAL EXPENSES $152,561

Year-over-Year Comparison

	2025	2024	Change
Revenue	$214,111	$347,078	-0.4%
Expenses	$152,561	$133,543	+0.1%
Net Income	$61,550	$213,535	-0.7%

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

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
Charles A Cheever	Trustee	1.00	Director	$0	$0	$0
Kristin T Abati	Trustee	1.00	Director	$0	$0	$0
Alexander Thorndike	Trustee	1.00	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
2025	$214,111	$152,561	$4,973,357	$61,550
2024	$347,078	$133,543	$4,471,539	$213,535
2023	$219,096	$109,205	$4,027,258	$109,891
2022	$-138,735	$93,721	$3,585,004	$-232,456
2021	$460,682	$184,955	$4,712,537	$275,727
2020	$198,387	$219,896	$4,341,360	$-21,509

Philip Hofer Charitable Trust