FRIENDS OF LBS INC (EIN 264100821) - 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

2009

Legal Domicile

Principal Officer

SARA GINSBURG

Phone

8434482019

Tax Period

2022-01-01 to 2022-12-31

FRIENDS OF LBS INC, founded in 2009, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2022. Revenue surged 128% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 57% operating margin.

Mission

TO RAISE PUBLIC FUNDS TO DISTRIBUTE IN THE SUPPORT OF HIGHER EDUCATION OPPORTUNITIES FOR JEWISH YOUTH THROUGH SCHOLARSHIPS AND CHARITABLE GIVING TO EDUCATIOINAL INSTITUTIONS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,151,455

Program Service Revenue $314,380

Investment Income $420,408

Other Revenue $0

TOTAL REVENUE $1,886,243

Expense Breakdown

Grants Paid $546,527

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $792,192

Other Expenses $263,664

TOTAL EXPENSES $810,191

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,886,243	$826,316	+1.3%
Expenses	$810,191	$567,322	+0.4%
Net Income	$1,076,052	$258,994	+3.2%

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

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	Role	Reportable Comp	Other Comp	Total
LEAH AIZENMAN	REGISTERED AGENT	Officer	$0	$0	$0
SARA GINSBURG	SECRETARY	Officer	$0	$0	$0
ESTHER PARSHAN	PRESIDENT	Officer	$0	$0	$0
YECHIEL MICHAL BUTMAN	TREASURER	Officer	$0	$0	$0
YISROEL WOLOSOW	DIRECTOR OF SPECIAL INITIATIVES	Director	$0	$0	$0
DVORA BIDERMAN	DEVELOPMENT ADVISOR	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	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$1,886,243	$810,191	$2,880,720	$1,076,052
2021	$826,316	$567,322	$2,925,165	$258,994
2020	$1,052,835	$366,965	$2,687,378	$685,870
2019	$871,342	$334,183	$2,134,786	$537,159
2018	$214,968	$258,698	$1,596,582	$-43,730

FRIENDS OF LBS INC