WILLIAM & BETTY LESTER FOUNDATION INC (EIN 226063176) - 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

1963

Legal Domicile

Principal Officer

GLORIA LESTER

Phone

9739293094

Tax Period

2024-07-01 to 2025-06-30

WILLIAM & BETTY LESTER FOUNDATION INC, founded in 1963, is a small nonprofit that reported $453K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $7.8M exceeded revenue, resulting in a 1615% operating deficit.

Mission

THE ORGANIZATION IS A SUPPORTING Organization WHICH MAKES GRANTS TO CARRY OUT THE PURPOSES OF THE Jewish COMMUNITY FOUNDATION OF GREATER METROWEST NJ, INC.

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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 $415,154

Program Service Revenue $0

Investment Income $37,469

Other Revenue $0

TOTAL REVENUE $452,623

Expense Breakdown

Grants Paid $7,752,289

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,752,289

Other Expenses $9,267

TOTAL EXPENSES $7,761,556

Year-over-Year Comparison

	2024	2023	Change
Revenue	$452,623	$377,614	+0.2%
Expenses	$7,761,556	$366,406	+20.2%
Net Income	$-7,308,933	$11,208	-653.1%

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

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

$310,001

Total Directors

$310,001

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOWARD J RABNER	SECRETARY/Trustee	1.0	Officer Director	$281,188	$28,813	$310,001
MAX L KLEINMAN	President	0.0	Officer Director	$0	$0	$0
MARTIN BARBER	TRUSTEE	0.0	Director	$0	$0	$0
Maxine Murnick	TRUSTEE	1.0	Director	$0	$0	$0
JEFFREY J GREENBAUM	TRUSTEE	0.0	Director	$0	$0	$0
Shawn Laing	CFO	1.0	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	$452,623	$7,761,556	No data	$-7,308,933
2024	No data	No data	No data	No data
2023	$192,990	$398,018	$6,897,811	$-205,028
2022	$554,932	$330,433	$6,689,777	$224,499
2021	$516,480	$326,321	$7,092,825	$190,159
2020	$179,662	$376,510	$5,785,774	$-196,848
2019	$292,895	$318,465	$6,297,708	$-25,570
2018	$373,347	$314,813	$6,396,083	$58,534

WILLIAM & BETTY LESTER FOUNDATION INC