SAFERSTEIN FAMILY CHARITABLE FOUNDATION INC (EIN 260836991) - 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

2007

Legal Domicile

Principal Officer

DAVID SAFERSTEIN

Phone

2128880004

Tax Period

2023-01-01 to 2023-12-31

SAFERSTEIN FAMILY CHARITABLE FOUNDATION INC, founded in 2007, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 614922% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 100% operating margin.

Mission

THE ORGANIZATION EXPECTS TO (1) UNDERTAKE GENERAL CHARITABLE ACTIVITIES WITH SPECIFIC EMPHASIS ON HEALTH AND WELLNESS ISSUES; (2) ENCOURAGE AND SUPPORT RESEARCH AND KNOWLEDGE OF COLITIS AND OTHER GASTRO-INTESTINAL DISEASES; (3) ENCOURAGE AND SUPPORT RESEARCH INTO OTHER DISEASES AND HEALTH AND WELLNESS ISSUES; AND (4) EXPAND PUBLIC AWARENESS OF HEALTH AND WELLNESS ISSUES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,379,000

Program Service Revenue $0

Investment Income $1,135

Other Revenue $0

TOTAL REVENUE $2,380,135

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,676

TOTAL EXPENSES $4,676

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,380,135	$387	+6149.2%
Expenses	$4,676	$25	+186.0%
Net Income	$2,375,459	$362	+6561.0%

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

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
JOEL SAFERSTEIN	Director	1.00	Director	$0	$0	$0
MONA SAFERSTEIN	Director	1.00	Director	$0	$0	$0
DAVID SAFERSTEIN	President	1.00	Officer	$0	$0	$0
LANA SAFERSTEIN	Treasurer/Secy	1.00	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
2023	$2,380,135	$4,676	$554,962	$2,375,459

SAFERSTEIN FAMILY CHARITABLE FOUNDATION INC