HAMPTONS INVITATIONAL CHARITABLE FUND INC (EIN 471076404) - 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

2014

Legal Domicile

Principal Officer

RICHARD HARTMANN

Tax Period

2024-01-01 to 2024-12-31

HAMPTONS INVITATIONAL CHARITABLE FUND INC, founded in 2014, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $923 in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $22K exceeded revenue, resulting in a 2317% operating deficit.

Mission

TO SPONSOR CHARITABLE CAUSES THROUGH HOSTING MULTIPLE DAY CHARITABLE GOLF EVENTS ON EASTERN LONG ISLAND, UNDERWRITTEN BY CORPORATE SPONSORSHIPS AS WELL AS INDIVIDUAL PARTICIPATION FEES AND TO SUPPORT CHARITABLE CAUSES.

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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 $0

Program Service Revenue $0

Investment Income $923

Other Revenue $0

TOTAL REVENUE $923

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,740

Other Expenses $2,310

TOTAL EXPENSES $22,310

Year-over-Year Comparison

	2024	2023	Change
Revenue	$923	$659,751	-1.0%
Expenses	$22,310	$647,310	-1.0%
Net Income	$-21,387	$12,441	-2.7%

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

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
EDEN FOSTER	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD HARTMANN	DIRECTOR	2.00	Officer Director	$0	$0	$0
EDWARD BURKE JR	DIRECTOR	2.00	Director	$0	$0	$0
DENNIS SUSKIND	DIRECTOR	2.00	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
2025	No data	No data	No data	No data
2024	$923	$22,310	$16,253	$-21,387
2023	$659,751	$647,310	$163,639	$12,441
2019	$1,200	$132,510	$8,235	$-131,310
2018	$450,750	$321,976	$142,045	$128,774

HAMPTONS INVITATIONAL CHARITABLE FUND INC