MORRIS H KATES FOUNDATION GREGORY CROSMAN & LAURENCE SCHER TTEES (EIN 133139069) - 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

GREGORY CROSMAN

Phone

9146817173

Tax Period

2023-01-01 to 2023-12-31

MORRIS H KATES FOUNDATION GREGORY CROSMAN & LAURENCE SCHER TTEES, founded in 1981, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $107K in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25K, a strong 23% operating margin.

Mission

MAKE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC DISTRIBUTIONS AND TO GIVE FINANCIAL ASSISTANCE TO NEEDY INDIVIDUALS, SELECTED BY THE TRUSTEES, WHO ARE OF ADVANCED AGE AND/OR AFFLICTED WITH INFIRMITIES.

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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 $101,100

Program Service Revenue $0

Investment Income $6,362

Other Revenue $0

TOTAL REVENUE $107,462

Expense Breakdown

Grants Paid $80,241

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,241

Other Expenses $2,489

TOTAL EXPENSES $82,730

Year-over-Year Comparison

	2023	2022	Change
Revenue	$107,462	$66,522	+0.6%
Expenses	$82,730	$72,615	+0.1%
Net Income	$24,732	$-6,093	-5.1%

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
GREGORY CROSMAN	TRUSTEE	10.00	Director	$0	$0	$0
LAURENCE SCOTT SCHER	TRUSTEE	10.00	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	No data	No data	No data	No data
2023	$107,462	$82,730	$405,734	$24,732
2022	$66,522	$72,615	$379,585	$-6,093
2021	$58,510	$93,370	$389,509	$-34,860
2020	$120,312	$89,375	$426,586	$30,937
2019	$92,388	$189,993	$399,457	$-97,605
2018	$202,913	$383,193	$521,976	$-180,280

MORRIS H KATES FOUNDATION GREGORY CROSMAN & LAURENCE SCHER TTEES