THE JACK DEVITO FOUNDATION INC (EIN 133826930) - 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

1994

Legal Domicile

Principal Officer

KYLE DEVITO

Phone

9142325377

Tax Period

2023-01-01 to 2023-12-31

THE JACK DEVITO FOUNDATION INC, founded in 1994, is a small nonprofit in the Education sector that reported $103K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $47K, a strong 45% operating margin.

Mission

TO SUPPORT YOUTH AND COMMUNITY ACTIVITIES

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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 $76,316

Program Service Revenue $0

Investment Income $26,704

Other Revenue $0

TOTAL REVENUE $103,020

Expense Breakdown

Grants Paid $53,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $53,500

Other Expenses $2,848

TOTAL EXPENSES $56,348

Year-over-Year Comparison

	2023	2022	Change
Revenue	$103,020	$118,234	-0.1%
Expenses	$56,348	$45,568	+0.2%
Net Income	$46,672	$72,666	-0.4%

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

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
WILLIAM BECK JR	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY BUONTEMPO	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK DADDINO	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY DEVITO	DIRECTOR	1.00	Director	$0	$0	$0
JOHN DEVITO	DIRECTOR	1.00	Director	$0	$0	$0
KYLE DEVITO	DIRECTOR	1.00	Director	$0	$0	$0
NICK DEVITO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM GREGORY	DIRECTOR	1.00	Director	$0	$0	$0
PAUL JONES	DIRECTOR	1.00	Director	$0	$0	$0
DAVID KLAUS	SECRETARY	1.00	Officer Director	$0	$0	$0
RICHARD LEAHY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN OLERT	PRESIDENT	1.00	Officer Director	$0	$0	$0
KEVIN SUNKEL	TREASURER	1.00	Officer Director	$0	$0	$0
DAN TOTA	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$103,020	$56,348	$1,089,423	$46,672
2022	$118,234	$45,568	$1,006,354	$72,666
2021	$105,951	$31,586	$1,007,140	$74,365
2020	$46,900	$34,711	$817,978	$12,189
2019	$89,322	$43,650	$778,056	$45,672
2018	$91,435	$38,715	$633,348	$52,720

THE JACK DEVITO FOUNDATION INC