Carol Lavin Bernick Family Supporting Foundation (EIN 364067510) - 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

1995

Legal Domicile

Principal Officer

Carol L Bernick

Phone

3123574790

Tax Period

2019-07-01 to 2020-05-27

Carol Lavin Bernick Family Supporting Foundation, founded in 1995, is a micro nonprofit that reported $329 in total revenue in fiscal year 2019. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $34K exceeded revenue, resulting in a 10264% operating deficit.

Mission

The Foundation is organized to foster, promote, support, develop, encourage, and maintain the broad charitable, educational, and/or religious purposes of The Jewish Federation of Metropolitan Chicago and the foundation as authorized in their by-laws.

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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 $329

Other Revenue $0

TOTAL REVENUE $329

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,000

Other Expenses $4,098

TOTAL EXPENSES $34,098

Year-over-Year Comparison

	2019	2018	Change
Revenue	$329	$9,171	-1.0%
Expenses	$34,098	$49,501	-0.3%
Net Income	$-33,769	$-40,330	-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

$1,647,930

Total Directors

$1,260,616

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Steven B Nasatir	Treasurer (See Sch. J, Part III)	0.30	Officer Director	$0	$23,787	$779,357
David S Rosen	Vice-President & Secretary	0.30	Officer Director	$0	$87,611	$481,259
James A Pinkston	Assistant Treasurer	0.30	Officer	$0	$25,907	$295,439
Eric Devir	Assistant Secretary	0.30	Officer	$0	$13,394	$91,875
Carol L Bernick	President	0.30	Officer Director	$0	$0	$0
Elizabeth Huber	Vice-President	0.30	Officer Director	$0	$0	$0
Marshall E Eisenberg	Vice-President & Asst. Sec	0.30	Officer 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	$329	$34,098	No data	$-33,769
2019	$9,171	$49,501	$37,584	$-40,330
2018	$46,653	$605,010	$333,641	$-558,357

Carol Lavin Bernick Family Supporting Foundation