REMA HORT MANN FOUNDATION INC (EIN 133879538) - 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

1995

Legal Domicile

Principal Officer

SUSAN HORT

Phone

2124311622

Tax Period

2024-01-01 to 2024-06-30

REMA HORT MANN FOUNDATION INC, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $588K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $289K, a strong 49% operating margin.

Mission

THE ORGANIZATIONS MISSION IS TO HONOR THE LIFE OF REMA HORT MANN BY ADVOCATING FOR EMERGING ARTISTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $169,569

Program Service Revenue $0

Investment Income $411,925

Other Revenue $6,208

TOTAL REVENUE $587,702

Expense Breakdown

Grants Paid $63,416

Salaries & Benefits $72,780

Fundraising Expenses $19,075

Program Expenses $151,271

Other Expenses $162,941

TOTAL EXPENSES $299,137

Year-over-Year Comparison

	2024	2023	Change
Revenue	$587,702	$793,324	-0.3%
Expenses	$299,137	$722,244	-0.6%
Net Income	$288,565	$71,080	+3.1%

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

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
ELYSIA BOROWY	EXECUTIVE DIRECTOR	10.00	Officer	$0	$0	$0
CAROLE SERVER	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
SUSAN HORT	TREASURER	2.00	Officer Director	$0	$0	$0
TAL WEITZMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
JAMIE HORT	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID BIRO	BOARD MEMBER	1.00	Director	$0	$0	$0
BILLY MANN	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY GLOBUS	BOARD MEMBER	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	$587,702	$269,227	$6,300,813	$318,475
2024	$587,702	$299,137	$6,300,813	$288,565
2023	$793,324	$722,244	$6,246,300	$71,080
2022	$4,135,092	$2,253,319	$6,005,973	$1,881,773
2021	$575,321	$145,650	$4,258,368	$429,671
2020	$205,576	$257,465	$3,446,799	$-51,889
2019	$609,731	$381,592	$3,366,507	$228,139
2018	$633,858	$349,126	$2,849,298	$284,732

REMA HORT MANN FOUNDATION INC