GIFT OF LIFE OF DISTRICT 7490 INC

EIN: 521706538 501(c)(3) Diseases & Disorders

CLIFTON, NJ

Total Revenue
$224,409
Total Expenses
$353,559
Total Assets
$411,029
Net Assets
$411,029
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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
1990
Legal Domicile
NJ
Principal Officer
GIACOMO DESTEFANO
Phone
9737798100
Tax Period
2024-07-01 to 2025-06-30

GIFT OF LIFE OF DISTRICT 7490 INC, founded in 1990, is a small nonprofit in the Diseases & Disorders sector that reported $224K in total revenue in fiscal year 2024. Expenses of $354K exceeded revenue, resulting in a 58% operating deficit.

Mission

TO ARRANGE FOR OPEN HEART SURGERY FOR CHILDREN IN 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $221,225
Program Service Revenue $0
Investment Income $3,184
Other Revenue $0
TOTAL REVENUE $224,409

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $351,055
Other Expenses $353,559
TOTAL EXPENSES $353,559

Year-over-Year Comparison

2024 2023 Change
Revenue $224,409 $233,696 0.0%
Expenses $353,559 $209,618 +0.7%
Net Income $-129,150 $24,078 -6.4%
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

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Governance

Voting Members
14
Independent Members
14
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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GIACOMO DESTEFANO CHAIR 10.00
Officer Director
$0 $0 $0
CHARLENE KLINGEN SECRETARY 5.00
Officer Director
$0 $0 $0
MICHAEL KURZER TREASURER 5.00
Officer Director
$0 $0 $0
GEORGE KUZMA COMMITTEE CH 5.00
Officer Director
$0 $0 $0
DAVID WHITLOCK TRUSTEE 1.00
Director
$0 $0 $0
CINDY SAYPOL TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER PADOLINA TRUSTEE 1.00
Director
$0 $0 $0
SCOTT REDDIN TRUSTEE 1.00
Director
$0 $0 $0
CYNTHIA RANDINA TRUSTEE 1.00
Director
$0 $0 $0
JOHN SUSANI TRUSTEE 1.00
Director
$0 $0 $0
JOHN COSGROVE TRUSTEE 1.00
Director
$0 $0 $0
RAY CYWINSKI TRUSTEE 1.00
Director
$0 $0 $0
JOHN MITCHELL TRUSTEE 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
2025 $224,409 $353,559 $411,029 $-129,150
2024 $233,696 $209,618 $540,179 $24,078
2023 $400,240 $312,535 $516,101 $87,705
2022 $446,867 $301,892 $428,396 $144,975
2021 $263,185 $311,681 $283,421 $-48,496
2020 $304,558 $302,830 $331,917 $1,728
2019 $201,926 $95,524 $330,189 $106,402
2018 $158,723 $141,370 $227,787 $17,353
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