LAU HEALTH FOUNDATION INC

EIN: 272049290 501(c)(3) Education

NEW YORK, NY

Total Revenue
$1,013,233
Total Expenses
$1,105,521
Total Assets
$685,226
Net Assets
$656,226
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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
NY
Principal Officer
DR MICHEL ELIAS MAWAD
Phone
2122034333
Tax Period
2023-01-01 to 2023-12-31

LAU HEALTH FOUNDATION INC, founded in 2009, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2023. Revenue fell 70% from the prior year — a significant decline worth monitoring.

Mission

SUPPORT FOR MEDICAL & CLINICAL EDUCATION

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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 $1,013,233
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,013,233

Expense Breakdown

Grants Paid $1,090,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,090,000
Other Expenses $15,521
TOTAL EXPENSES $1,105,521

Year-over-Year Comparison

2023 2022 Change
Revenue $1,013,233 $3,338,786 -0.7%
Expenses $1,105,521 $2,609,383 -0.6%
Net Income $-92,288 $729,403 -1.1%
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

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
2

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
2
$1,554,111
Total Directors
3
$921,763
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHEL MAWAD PRESIDENT & CHAIRMAN 1.00
Officer Director
$0 $106,959 $921,763
DR HANNA SHAMMAS FOUNDING MEMBER 1.00
Director
$0 $0 $0
MR PHILIP STOLTZFUS FOUNDING MEMBER 1.00
Director
$0 $0 $0
MR CHARLES ABOU RJEILY TREASURER & SECRETARY 1.00
Officer
$0 $240,394 $632,348
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 $1,013,233 $1,105,521 $685,226 $-92,288
2022 $3,338,786 $2,609,383 $776,914 $729,403
2021 $26,084 $9,509 $46,911 $16,575
2020 $9,314 $9,314 $29,136 No data
2020 $9,314 $9,314 $29,136 No data
2019 $85,803 $85,803 $29,136 No data
2018 $878,186 $898,186 $958,538 $-20,000
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