IRA SCHNEIDER MEMORIAL CANCER FOUNDATION INC (EIN 462825518) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Principal Officer

MICHEAL R SHAPIRO

Phone

5163943222

Tax Period

2023-01-01 to 2023-12-31

IRA SCHNEIDER MEMORIAL CANCER FOUNDATION INC is a micro nonprofit in the Health Care sector that reported $23K in total revenue in fiscal year 2023. The organization ran a surplus of $22K, a strong 94% operating margin.

Mission

AN ORGANIZATION THAT BENEFITS FAMILIES OF INDIVIDUALS LIVING WITH CANCER, BY PROVIDING FINANCIAL ASSISTANCE, FOOD, CLOTHING, TRANSPORTATION AND SUPPLIES. THE CORPORATION WILL OFFER SUPPORT GROUP MEETINGS TO HELP THESE FAMILIES COPE AND BE ABLE TO PURSUE THE BEST CARE FOR THEIR LOVED ONES, AND GIVE MONEY AND GRANTS TO CHARITABLE TAX EXEMPT ORGANIZATIONS THAT RESEARCH CURES FOR CANCER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $22,927

Other Revenue $570

TOTAL REVENUE $23,497

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,500

Other Expenses $1,500

TOTAL EXPENSES $1,500

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,497	N/A	N/A
Expenses	$1,500	N/A	N/A
Net Income	$21,997	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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
JAMIE SHAPIRO	DIRECTOR	N/A	Director	$0	$0	$0
MICHEAL R SHAPIRO	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$23,497	$1,500	$615,842	$21,997
2021	$4,017	$300,000	$1,362,380	$-295,983
2020	$209,528	$300,035	$1,359,346	$-90,507
2019	$36,047	$751,755	$1,449,853	$-715,708
2018	$618,168	$351,520	$2,167,061	$266,648

IRA SCHNEIDER MEMORIAL CANCER FOUNDATION INC