DAVID REZNICK FOUNDATION INC (EIN 371622532) - 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 HOPPS

Phone

6468636820

Tax Period

2024-01-01 to 2024-12-31

DAVID REZNICK FOUNDATION INC, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $113K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $65K, a strong 58% operating margin.

Mission

PROMOTE COMMUNITY REVITALIZATION, HISTORIC TAX CREDITS AND COLLEGE SCHOLARSHIPS FOR STUDENTS IN FINANCIAL NEED.

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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 (2024)

Revenue Breakdown

Contributions & Grants $33,674

Program Service Revenue $938

Investment Income $0

Other Revenue $77,950

TOTAL REVENUE $112,562

Expense Breakdown

Grants Paid $37,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,500

Other Expenses $10,001

TOTAL EXPENSES $47,501

Year-over-Year Comparison

	2024	2023	Change
Revenue	$112,562	$174,571	-0.4%
Expenses	$47,501	$69,807	-0.3%
Net Income	$65,061	$104,764	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARON DWORKIN BELL	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL BODAKEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GLENN HOPPS	TREASURER	1.00	Officer Director	$0	$0	$0
ANNE SCHRANTZ	SECRETARY	5.00	Officer Director	$0	$0	$0
ALAN COHEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SHEILA TURNER	DIRECTOR	1.00	Director	$0	$0	$0
RUSS PHILLIPS	DIRECTOR	1.00	Director	$0	$0	$0
LAURA ZANER	DIRECTOR	1.00	Director	$0	$0	$0
JERRY BREED	DIRECTOR	1.00	Director	$0	$0	$0
IRA WEINSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
DEIRDRE DUNENFELD	DIRECTOR	1.00	Director	$0	$0	$0
DAVE RAEDERMAN	DIRECTOR	1.00	Director	$0	$0	$0
BILL MACHEN	DIRECTOR	1.00	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	$112,562	$47,501	$1,403,436	$65,061
2023	$174,571	$69,807	$1,338,375	$104,764
2022	$59,372	$62,672	$1,233,611	$-3,300
2021	$-48,586	$76,172	$1,236,911	$-124,758
2020	$242,865	$135,714	$1,684,838	$107,151
2019	$113,993	$334,543	$1,577,687	$-220,550
2018	$682,147	$137,425	$1,425,204	$544,722

DAVID REZNICK FOUNDATION INC