HURWIT & ASSOCIATES FOUNDATION INC (EIN 464676570) - 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

2015

Legal Domicile

Principal Officer

DANIEL A HERSHEY

Phone

6176306900

Tax Period

2020-01-01 to 2020-12-31

HURWIT & ASSOCIATES FOUNDATION INC, founded in 2015, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $557K in total revenue in fiscal year 2020. Revenue surged 557199% from the prior year, signaling strong growth momentum.

Mission

THE FOUNDATION WAS FORMED TO MAKE GRANTS TO SUPPORT A WIDE RANGE OF CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, BUT NOT LIMITED TO, ORGANIZATIONS AND INSTITUTIONS INVOLVED IN PROMOTING EDUCATION, ENVIRONMENTAL PRESERVATION, HUMAN RIGHTS, AND VISUAL, LITERARY, AND PERFORMING ARTS.

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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 $557,280

Program Service Revenue $0

Investment Income $19

Other Revenue $0

TOTAL REVENUE $557,299

Expense Breakdown

Grants Paid $546,134

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $546,134

Other Expenses $4,879

TOTAL EXPENSES $551,013

Year-over-Year Comparison

	2020	2019	Change
Revenue	$557,299	$100	+5572.0%
Expenses	$551,013	N/A	N/A
Net Income	$6,286	$100	+61.9%

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
JEFFREY M HURWIT	PRESIDENT	2.00	Officer Director	$0	$0	$0
DANIEL A HERSHEY	TREASURER	2.00	Officer Director	$0	$0	$0
ELIZABETH GREENSPAN	CLERK	2.00	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	$557,299	$551,013	$6,490	$6,286

HURWIT & ASSOCIATES FOUNDATION INC