Glasser and Rosenthal Family Foundation (EIN 453577069) - 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

2011

Legal Domicile

Principal Officer

Jason Baxendale

Phone

3126168000

Tax Period

2020-10-01 to 2021-08-09

Glasser and Rosenthal Family Foundation, founded in 2011, is a small nonprofit that reported $604K in total revenue in fiscal year 2020. Revenue surged 174% from the prior year, signaling strong growth momentum. Expenses of $4.3M exceeded revenue, resulting in a 618% operating deficit.

Mission

Philanthropic Foundation that provides support to tax exempt charitable organizations.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $604,291

Other Revenue $0

TOTAL REVENUE $604,291

Expense Breakdown

Grants Paid $4,323,226

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,328,746

Other Expenses $14,664

TOTAL EXPENSES $4,337,890

Year-over-Year Comparison

	2020	2019	Change
Revenue	$604,291	$220,923	+1.7%
Expenses	$4,337,890	$228,804	+18.0%
Net Income	$-3,733,599	$-7,881	+472.7%

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

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

$576,222

Total Directors

$277,332

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jason Baxendale	Asst. Treas. & Dir. (until 08/09/21)	1.00	Officer Director	$0	$22,456	$277,332
Mary Glasser	President & Director (until 08/09/21)	1.00	Officer Director	$0	$0	$0
Matthew Bonaguidi	VP & Director (until 08/09/21)	1.00	Officer Director	$0	$0	$0
Prue Beidler	Director (until 08/09/21)	1.00	Director	$0	$0	$0
Sam Rosenthal	President & Director (until 08/09/21)	1.00	Officer Director	$0	$0	$0
Dan Glasser	Director (until 08/09/21)	1.00	Director	$0	$0	$0
Jessica Strausbaugh	Assistant Treasurer (until 08/09/21)	1.00	Officer	$0	$19,022	$298,890

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
2021	$604,291	$4,337,890	No data	$-3,733,599
2020	$220,923	$228,804	$3,761,507	$-7,881
2019	$190,347	$165,747	$3,404,236	$24,600
2018	$73,751	$161,831	$3,468,307	$-88,080

Glasser and Rosenthal Family Foundation