LAZ CHARITABLE FOUNDATION INC (EIN 364663472) - 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

2010

Legal Domicile

Principal Officer

GLENN TERK

Phone

8605227641

Tax Period

2025-01-01 to 2025-12-31

LAZ CHARITABLE FOUNDATION INC, founded in 2010, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2025. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $596K, a strong 35% operating margin.

Mission

TO BRING HOPE AND OPPORTUNITY TO UNDERSERVED COMMUNITIES BY SUPPORTING SOLUTIONS TO HOUSING, EDUCATION, FOOD INSECURITY, MENTAL HEALTH AND CAREER ADVANCEMENT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,043,837

Program Service Revenue $0

Investment Income $145,263

Other Revenue $514,833

TOTAL REVENUE $1,703,933

Expense Breakdown

Grants Paid $726,296

Salaries & Benefits $0

Fundraising Expenses $26,115

Program Expenses $911,188

Other Expenses $382,122

TOTAL EXPENSES $1,108,418

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,703,933	$962,127	+0.8%
Expenses	$1,108,418	$855,536	+0.3%
Net Income	$595,515	$106,591	+4.6%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL HARTH	PRESIDENT	2.00	Officer Director	$0	$0	$0
JEFFREY KARP	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL J KUZIAK	TREASURER	2.00	Officer Director	$0	$0	$0
ALAN B LAZOWSKI	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
RALPH CALDIN	EXECUTIVE DI	40.00	Officer	$0	$0	$0
GLENN TERK	DIRECTOR	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
2025	$1,703,933	$1,108,418	$1,044,843	$595,515
2024	$962,127	$855,536	$555,517	$106,591
2023	$432,441	$394,433	$308,751	$38,008
2022	$386,899	$290,180	$271,353	$96,719
2021	$167,423	$55,156	$182,133	$112,267
2020	$1,076,551	$1,043,071	$214,663	$33,480
2019	$275,845	$248,093	$343,033	$27,752
2018	$240,151	$246,185	$291,334	$-6,034

LAZ CHARITABLE FOUNDATION INC