LONG ISLAND TEACHERS BENEVOLENT FUND (EIN 112572385) - 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

1980

Legal Domicile

Principal Officer

MICHAEL PACE

Phone

6315675728

Tax Period

2023-07-01 to 2024-06-30

LONG ISLAND TEACHERS BENEVOLENT FUND, founded in 1980, is a micro nonprofit that reported $86K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $103K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO MEMBERS OF PARTICIPATING LONG ISLAND LOCALS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $85,860

Other Revenue $0

TOTAL REVENUE $85,860

Expense Breakdown

Grants Paid $74,200

Salaries & Benefits $2,000

Fundraising Expenses $0

Other Expenses $27,112

TOTAL EXPENSES $103,312

Year-over-Year Comparison

	2023	2022	Change
Revenue	$85,860	$69,429	+0.2%
Expenses	$103,312	$95,454	+0.1%
Net Income	$-17,452	$-26,025	-0.3%

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

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

$2,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL PACE	FUND COORDIN	1.00	Director	$2,000	$0	$2,000
KATHY DEIN	TRUSTEE	1.00	Director	$0	$0	$0
PERRY FUCHS	TRUSTEE	1.00	Director	$0	$0	$0
ERIC IBERGER	TRUSTEE	1.00	Director	$0	$0	$0
REGINA MCLEAN	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS PHILP	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN TOOLAN	TRUSTEE	1.00	Director	$0	$0	$0
FRANK VAN ZANT	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	No data	No data	No data	No data
2024	$85,860	$103,312	$3,285,728	$-17,452
2023	$69,429	$95,454	$3,282,825	$-26,025
2022	$64,839	$96,947	$3,361,194	$-32,108
2021	$63,134	$126,295	$3,602,144	$-63,161
2020	$82,106	$96,450	$3,645,465	$-14,344
2019	$518,490	$105,564	$3,639,126	$412,926
2018	$303,313	$88,397	$3,116,143	$214,916

LONG ISLAND TEACHERS BENEVOLENT FUND