FOREVER FAMILY FOUNDATION INC

EIN: 200942333 501(c)(3) Science & Technology

OCEANSIDE, NY

Total Revenue
$270,500
Total Expenses
$221,482
Total Assets
$661,389
Net Assets
$528,998
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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
2005
Legal Domicile
NY
Principal Officer
ROBERT GINSBERG
Phone
2395790269
Tax Period
2024-01-01 to 2024-12-31

FOREVER FAMILY FOUNDATION INC, founded in 2005, is a small nonprofit in the Science & Technology sector that reported $270K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $49K, a strong 18% operating margin.

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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 $64,596
Program Service Revenue $174,426
Investment Income $13,931
Other Revenue $17,547
TOTAL REVENUE $270,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $179,265
Other Expenses $221,482
TOTAL EXPENSES $221,482

Year-over-Year Comparison

2024 2023 Change
Revenue $270,500 $314,593 -0.1%
Expenses $221,482 $244,445 -0.1%
Net Income $49,018 $70,148 -0.3%
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
6
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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT GINSBERG FIRST VICE PRESIDENT 5.00
Officer
$0 $0 $0
ANNETTE MARINNACIO SECRETARY 1.00
Officer
$0 $0 $0
LOYD AUERBACH PRESIDENT 1.00
Officer
$0 $0 $0
MO HANNAH SECOND VICE PRESIDENT 1.00
Officer
$0 $0 $0
LEIGH HARRIS DIRECTOR 1.00
Officer
$0 $0 $0
DONNA MELLO TREASURER 1.00
Officer
$0 $0 $0
WILLIAM DONIUS THIRD VICE PRESIDENT 1.00
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 $270,500 $221,482 $661,389 $49,018
2023 $314,593 $244,445 $547,529 $70,148
2022 $276,869 $139,114 $424,211 $137,755
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