FIND YOUR LIGHT FOUNDATION

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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

2004

Legal Domicile

Principal Officer

JACK GROBAN

Phone

3105531707

Tax Period

2024-01-01 to 2024-12-31

FIND YOUR LIGHT FOUNDATION, founded in 2004, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 73% from the prior year, signaling strong growth momentum. The organization ran a surplus of $610K, a strong 30% operating margin.

Mission

SUPPORT & FUNDRAISING TO HELP UNDERPRIVILEGED CHILDREN AROUND THE WORLD THROUGH HEALTHCARE, EDUCATION, AND THE ARTS.

Program Service Accomplishments

Program 1

Expenses: $1,191,843

GRANTS PROVIDED TO SUPPORT AND TO HELP UNDERPRIVILEGED CHILDREN AROUND THE WORLD THROUGH HEALTHCARE, EDUCATION, AND THE ARTS.

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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 $718,345

Program Service Revenue $0

Investment Income $422,141

Other Revenue $919,032

TOTAL REVENUE $2,059,518

Expense Breakdown

Grants Paid $905,000

Salaries & Benefits $408,919

Fundraising Expenses $90,110

Program Expenses $1,191,843

Other Expenses $135,142

TOTAL EXPENSES $1,449,061

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,059,518	$1,188,911	+0.7%
Expenses	$1,449,061	$997,414	+0.5%
Net Income	$610,457	$191,497	+2.2%

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

N/A

Employees

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
JOSH GROBAN	PRESIDENT	3.0	Officer Director	$0	$0	$0
LINDY GROBAN	VICE PRESIDENT	8.0	Officer Director	$0	$0	$0
JACK GROBAN	SECRETARY	4.0	Officer Director	$0	$0	$0
CHRISTOPHER GROBAN	FINANCIAL OFFICER	4.0	Officer 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	$2,059,518	$1,449,061	$6,388,135	$610,457
2023	$1,188,911	$997,414	$5,616,903	$191,497
2022	$1,088,638	$600,329	$4,920,375	$488,309
2021	$887,321	$769,682	$5,018,949	$117,639
2020	$1,540,973	$593,996	$4,844,907	$946,977
2019	$1,170,438	$497,902	$4,062,955	$672,536
2018	$1,127,989	$465,709	$2,700,572	$662,280