THE FOUNDATION OF LITTLE SILVER INC (EIN 223420375) - 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

1995

Legal Domicile

Principal Officer

CHRISTINA SKOVE

Phone

7324071469

Tax Period

2024-10-01 to 2025-09-30

THE FOUNDATION OF LITTLE SILVER INC, founded in 1995, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $70K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $109K exceeded revenue, resulting in a 56% operating deficit.

Mission

TO ENRICH AND SUPPORT TECHNOLOGY ANDOTHER EDUCATIONAL NEEDS AND INTERESTS OF THE STUDENTS IN LITTLE SILVER, NJ SCHOOL DISTRICT AND RESIDENTS OF THE SURROUNDING COMMUNITY. TO FOSTER SUPPORTIVE AND PRIVATE SECTOR RELATIONSHIPS TO SERVE THEIR EDUCATIONAL NEEDS.

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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 $518

Program Service Revenue $0

Investment Income $555

Other Revenue $68,860

TOTAL REVENUE $69,933

Expense Breakdown

Grants Paid $80,224

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $89,240

Other Expenses $29,186

TOTAL EXPENSES $109,410

Year-over-Year Comparison

	2024	2023	Change
Revenue	$69,933	$80,242	-0.1%
Expenses	$109,410	$80,759	+0.4%
Net Income	$-39,477	$-517	+75.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIA BARONE	VICE PRESIDE	N/A	Officer	$0	$0	$0
TARA DENWORTH	VICE PRESIDE	N/A	Officer	$0	$0	$0
JEN FAVATO	SECRETARY	N/A	Officer	$0	$0	$0
LORI FEIGENBAUM	PRESIDENT	N/A	Officer	$0	$0	$0
CHRISTINA SKOVE	TREASURER	N/A	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
2025	$69,933	$109,410	$163,621	$-39,477
2024	$80,242	$80,759	$203,098	$-517
2023	$174,913	$101,968	$203,615	$72,945
2022	$135,175	$126,201	$130,670	$8,974
2021	$170,475	$133,382	$121,696	$37,093

THE FOUNDATION OF LITTLE SILVER INC