LUX LUCIS FOUNDATION INC C/O GEORGE J FREM (EIN 205415994) - 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

2006

Principal Officer

GEORGE J FREM

Phone

8142449873

Tax Period

2024-01-01 to 2024-12-31

LUX LUCIS FOUNDATION INC C/O GEORGE J FREM, founded in 2006, is a small nonprofit in the Education sector that reported $215K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $138K, a strong 64% operating margin.

Mission

PROVIDE SUPPORT AND SCHOLARSHIP OPPORTUNITIES TO EDUCATIONAL INSTITUTIONS, AND TO PROVIDE MEDICAL SUPPLIES AND ASSISTANCE TO UNDERPRIVILEGED COMMUNITIES.

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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 $60,000

Program Service Revenue $0

Investment Income $21,388

Other Revenue $134,000

TOTAL REVENUE $215,388

Expense Breakdown

Grants Paid $31,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $71,628

Other Expenses $45,468

TOTAL EXPENSES $76,968

Year-over-Year Comparison

	2024	2023	Change
Revenue	$215,388	$589,300	-0.6%
Expenses	$76,968	$64,408	+0.2%
Net Income	$138,420	$524,892	-0.7%

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
GEORGE J FREM	PRESIDENT	0.50	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	$215,388	$76,968	$1,480,729	$138,420
2023	$589,300	$64,408	$1,342,309	$524,892
2022	$54,186	$66,371	$817,417	$-12,185
2021	$74,339	$56,753	$829,602	$17,586
2020	$541,783	$10,764	$812,016	$531,019

LUX LUCIS FOUNDATION INC C/O GEORGE J FREM