LOEWS CORPORATION SURVIVORS INCOME PLAN TRUST (EIN 136916482) - 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

1988

Legal Domicile

Principal Officer

MARK SCHWARTZ

Phone

2125212000

Tax Period

2023-01-01 to 2023-12-31

LOEWS CORPORATION SURVIVORS INCOME PLAN TRUST, founded in 1988, is a micro nonprofit that reported $73K in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum. Expenses of $113K exceeded revenue, resulting in a 55% operating deficit.

Mission

TO PROVIDE ALL ELIGIBLE PARTICIPANTS OF LOEWS CORP AND ITS ELECTING SUBSIDIARIES CERTAIN SURVIVOR BENEFITS AS PER THE PLAN AGREEMENT

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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 $0

Program Service Revenue $28,048

Investment Income $45,041

Other Revenue $0

TOTAL REVENUE $73,089

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $74,028

TOTAL EXPENSES $113,228

Year-over-Year Comparison

	2023	2022	Change
Revenue	$73,089	$44,289	+0.7%
Expenses	$113,228	$91,177	+0.2%
Net Income	$-40,139	$-46,888	-0.1%

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

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
JANE WANG	TRUSTEE	N/A	Director	$0	$0	$0
MARK SCHWARTZ	TRUSTEE	N/A	Director	$0	$0	$0
IRA ALTMAN	TRUSTEE	N/A	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	$73,089	$113,228	$895,985	$-40,139
2022	$44,289	$91,177	$937,467	$-46,888
2021	$35,732	$94,721	$983,052	$-58,989
2020	$41,991	$90,473	$1,042,041	$-48,482

LOEWS CORPORATION SURVIVORS INCOME PLAN TRUST