THE LEE TOWE MEMORIAL ASSOCIATION INC

EIN: 136103339

NEW YORK, NY

Total Revenue
$20,591
Total Expenses
$14,225
Total Assets
$695,495
Net Assets
$695,495
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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
1946
Legal Domicile
NY
Principal Officer
ROBERT GEE
Tax Period
2024-01-01 to 2024-12-31

THE LEE TOWE MEMORIAL ASSOCIATION INC, founded in 1946, is a micro nonprofit that reported $21K in total revenue in fiscal year 2024. The organization ran a surplus of $6K, a strong 31% operating margin.

Mission

MENTOR & TUTORIAL PROGRAMS

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $55
Program Service Revenue $0
Investment Income $20,535
Other Revenue $1
TOTAL REVENUE $20,591

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $13,225
Other Expenses $14,225
TOTAL EXPENSES $14,225

Year-over-Year Comparison

2024 2023 Change
Revenue $20,591 $20,216 +0.0%
Expenses $14,225 $21,850 -0.3%
Net Income $6,366 $-1,634 -4.9%
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

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Governance

Voting Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT GEE PRESIDENT 3.00
Officer
$0 $0 $0
PETER LEUNG VICE PRESIDE 3.00
Officer
$0 $0 $0
GARY QUAN TREASURER 3.00
Officer
$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 $20,591 $14,225 $695,495 $6,366
2023 $20,216 $21,850 $689,129 $-1,634
2022 $20,149 $15,564 $690,763 $4,585
2021 $20,857 $33,517 $686,178 $-12,660
2020 $20,553 $15,853 $698,838 $4,700
2019 $20,250 $13,948 $694,138 $6,302
2018 $19,590 $14,144 $687,836 $5,446
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