WALTER KANER CHILDREN'S FOUNDATION INC (EIN 237377645) - 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

1980

Legal Domicile

Principal Officer

MICHAEL GENOVESE

Phone

5163543534

Tax Period

2019-12-01 to 2020-11-30

WALTER KANER CHILDREN'S FOUNDATION INC, founded in 1980, is a micro nonprofit in the Human Services sector that reported $21K in total revenue in fiscal year 2019. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $82K exceeded revenue, resulting in a 281% operating deficit.

Mission

THE FOUNDATION'S MISSION IS TO ENHANCE THE QUALITY OF LIFE FOR ECONOMICALLY AND PHYSICALLY CHALLENGED CHILDREN THROUGHOUT THE NEW YORK METROPOLITAN AREA BY SEEKING TO RAISE SOCIAL AWARENESS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $21,379

Other Revenue $0

TOTAL REVENUE $21,379

Expense Breakdown

Grants Paid $12,035

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $73,931

Other Expenses $69,503

TOTAL EXPENSES $81,538

Year-over-Year Comparison

	2019	2018	Change
Revenue	$21,379	$40,595	-0.5%
Expenses	$81,538	$118,727	-0.3%
Net Income	$-60,159	$-78,132	-0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL GENOVESE	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRUCE KAUFMAN	V. PRESIDENT	2.00	Director	$0	$0	$0
CLAUDETTE MOORE	RECORDING SECY	1.00	Director	$0	$0	$0
BETTY SCOTT	CORRESPONDING SECY	1.00	Director	$0	$0	$0
CINDY FU	TREASURER	1.00	Director	$0	$0	$0
JOSH SUSSMAN	COUNSEL	1.00	Director	$0	$0	$0
STEVEN WIMPFHEIMER	DIRECTOR	1.00	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
2020	$21,379	$81,538	$561,658	$-60,159

WALTER KANER CHILDREN'S FOUNDATION INC