LIGHT OF DAY FOUNDATION INC (EIN 201560386) - 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

ROBERT MCGRATH

Phone

7325392632

Tax Period

2024-07-01 to 2025-06-30

LIGHT OF DAY FOUNDATION INC, founded in 1994, is a small nonprofit in the Medical Research sector that reported $591K in total revenue in fiscal year 2024. Expenses of $572K left a modest 3% surplus.

Mission

THE FOUNDATION'S MISSION IS TO FUND RESEARCH INTO POSSIBLE CURES, IMPROVED TREATMENTS AND SUPPORT PATIENTS WHO SUFFER FROM PARKINSON'S DISEASE, PSP AND ALS, AND TO ASSIST THEIR FAMILIES AND THEIR CAREGIVERS TO HELP IMPROVE THEIR QUALITY OF LIFE.

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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 $584,923

Program Service Revenue $0

Investment Income $7,586

Other Revenue $-1,927

TOTAL REVENUE $590,582

Expense Breakdown

Grants Paid $262,024

Salaries & Benefits $73,120

Fundraising Expenses $12,217

Program Expenses $497,748

Other Expenses $236,576

TOTAL EXPENSES $571,720

Year-over-Year Comparison

	2024	2023	Change
Revenue	$590,582	$607,489	0.0%
Expenses	$571,720	$639,440	-0.1%
Net Income	$18,862	$-31,951	-1.6%

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

$59,350

Total Directors

$18,910

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN ANSELL	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT L BENJAMIN	FOUNDER	2.00	Director	$13,560	$0	$13,560
NICK CONTEY	DIRECTOR	2.00	Director	$0	$0	$0
DANIELIA COTTON ROBERTS	DIRECTOR	2.00	Director	$0	$0	$0
ANTHONY D'AMATO	DIRECTOR	2.00	Director	$0	$0	$0
JASON DERMER	DIRECTOR	2.00	Director	$0	$0	$0
JOE GRUSHECKY	DIRECTOR	2.00	Director	$0	$0	$0
MARK HARRISON	DIRECTOR	2.00	Director	$0	$0	$0
KEN LESNICK	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN MCGLINCHEY	DIRECTOR	2.00	Director	$0	$0	$0
JEAN MIKLE	DIRECTOR	2.00	Director	$0	$0	$0
SETH SALTZMAN	DIRECTOR	2.00	Director	$0	$0	$0
RONALD STREICH	DIRECTOR	2.00	Director	$0	$0	$0
LYNNE WARD	DIRECTOR	2.00	Director	$0	$0	$0
EIRAN WOLFMAN	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH D'URSO	PRESIDENT	2.00	Officer Director	$4,100	$0	$4,100
MICHAEL DEGEORGE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ROBERT D DYE	SECRETARY	2.00	Officer Director	$1,250	$0	$1,250
ROBERT MCGRATH	TREASURER	5.00	Officer Director	$0	$0	$0
CHERYL STREICH	DIRECTOR	2.00	Director	$0	$0	$0
ANTONIO U PALLAGROSI	EXECUTIVE DIRECTOR	10.00	Officer	$54,000	$0	$54,000

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
2025	$590,582	$571,720	$452,989	$18,862
2024	No data	No data	No data	No data
2023	$538,469	$449,863	$464,541	$88,606
2022	$351,037	$431,850	$343,440	$-80,813
2020	$397,481	$416,554	$339,277	$-19,073
2019	$561,771	$508,685	$358,351	$53,086
2018	$481,798	$463,463	$305,265	$18,335
2017	$519,135	$570,218	$286,930	$-51,083

LIGHT OF DAY FOUNDATION INC