LIH MEMORIAL GRANT FUND

EIN: 271890658 501(c)(3) Education

BROOKLINE VILLAGE, MA

Total Revenue
$11,287,230
Total Expenses
$11,361,628
Total Assets
$586,740
Net Assets
$586,740
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NY
Principal Officer
ALLEN POLLACK
Phone
7203600599
Tax Period
2023-01-01 to 2023-12-31

LIH MEMORIAL GRANT FUND, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $11.3M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE FINANCIAL AID TO RELIGIOUS INSTITUTIONS AND NEEDY STUDENTS WHICH FOCUS ON THE STREGTHENING OF JEWISH VALUES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,278,224
Program Service Revenue $0
Investment Income $9,006
Other Revenue $0
TOTAL REVENUE $11,287,230

Expense Breakdown

Grants Paid $11,244,866
Salaries & Benefits $48,000
Fundraising Expenses $0
Program Expenses $11,244,866
Other Expenses $68,762
TOTAL EXPENSES $11,361,628

Year-over-Year Comparison

2023 2022 Change
Revenue $11,287,230 $9,622,944 +0.2%
Expenses $11,361,628 $9,511,080 +0.2%
Net Income $-74,398 $111,864 -1.7%
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

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Governance

Voting Members
3
Independent Members
3
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BORUCH GROSSMAN PRESIDENT 1.00
Director
$0 $0 $0
ALLEN POLLACK DIRECTOR 1.00
Director
$0 $0 $0
MOSHE WEINSTEIN DIRECTOR 2.00
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
2024 No data No data No data No data
2023 $11,287,230 $11,361,628 $586,740 $-74,398
2022 $9,622,944 $9,511,080 $661,138 $111,864
2021 $7,960,448 $7,967,545 $549,274 $-7,097
2020 $6,293,672 $6,042,537 $557,871 $251,135
2019 $5,203,570 $4,990,451 $306,736 $213,119
2018 $4,222,040 $4,189,634 $111,508 $32,406
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