Lewis H Latimer Fund Inc (EIN 112983131) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

Ran Yan

Phone

3473263544

Tax Period

2023-07-01 to 2024-06-30

Lewis H Latimer Fund Inc, founded in 1990, is a small nonprofit in the Unknown sector that reported $474K in total revenue in fiscal year 2023. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $733K exceeded revenue, resulting in a 55% operating deficit.

Mission

To provide schools and the general public with tours and education related to the Lewis H. Latimer House in Flushing, NY, and the historical accomplishments of Lewis H. Lattimer.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $466,523

Program Service Revenue $7,054

Investment Income $0

Other Revenue $0

TOTAL REVENUE $473,577

Expense Breakdown

Grants Paid $0

Salaries & Benefits $379,773

Fundraising Expenses $88,851

Program Expenses $568,139

Other Expenses $353,114

TOTAL EXPENSES $732,887

Year-over-Year Comparison

	2023	2022	Change
Revenue	$473,577	$1,578,170	-0.7%
Expenses	$732,887	$580,282	+0.3%
Net Income	$-259,310	$997,888	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$85,539

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ran Yan	Executive Dir.	40.00	Officer	$85,539	$0	$85,539
Alfred Rankins	Chairman	4.00	Officer Director	$0	$0	$0
Hugh Price	Vice Chair	4.00	Officer Director	$0	$0	$0
Kisha Clinton	Treasurer	4.00	Officer Director	$0	$0	$0
Fania Jean	Secretary	4.00	Officer Director	$0	$0	$0
Carol Lee Whiting	Director	2.00	Director	$0	$0	$0
Alice Lee	Director	2.00	Director	$0	$0	$0
Catherine Bradley	Director	2.00	Director	$0	$0	$0
BK Fulton	Director	2.00	Director	$0	$0	$0
Ruben Ramales	Director	2.00	Director	$0	$0	$0
Yosette Jones Johnson	Director	2.00	Director	$0	$0	$0
Shad Estreich	Director	2.00	Director	$0	$0	$0
Guy A Duggins	Director	2.00	Director	$0	$0	$0
Dante Pearson	Director	2.00	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	$473,577	$732,887	$1,248,840	$-259,310
2023	$1,578,170	$580,282	$1,504,253	$997,888
2022	$508,253	$329,308	$1,245,199	$178,945
2021	$369,471	$193,657	$314,386	$175,814
2020	$277,087	$189,115	$169,681	$87,972

Lewis H Latimer Fund Inc