THE HARVEY AND LINDA LITOFSKY FAMILY FOUNDATION CHARITABLE TRUST (EIN 522198027) - 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

1999

Legal Domicile

Principal Officer

HARVEY J LITOFSKY

Phone

4104840080

Tax Period

2025-01-01 to 2025-12-31

THE HARVEY AND LINDA LITOFSKY FAMILY FOUNDATION CHARITABLE TRUST, founded in 1999, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $28K in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $31K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO SUPPORT PUBLIC CHARITIES AND THE TAX-EXEMPT PURPOSES OF THE SUPPORTED CHARITIES

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $28,172

Other Revenue $0

TOTAL REVENUE $28,172

Expense Breakdown

Grants Paid $26,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,212

Other Expenses $5,212

TOTAL EXPENSES $31,212

Year-over-Year Comparison

	2025	2024	Change
Revenue	$28,172	$23,843	+0.2%
Expenses	$31,212	$21,188	+0.5%
Net Income	$-3,040	$2,655	-2.1%

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	Role	Reportable Comp	Other Comp	Total
EUGENE F DEEMS JR	TRUSTEE	Director	$0	$0	$0
HARVEY J LITOFSKY	PRESIDENT	Officer Director	$0	$0	$0
LINDA E LITOFSKY	OFFICER/TRUSTEE	Officer Director	$0	$0	$0
MARC LITOFSKY	OFFICER	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
2025	$28,172	$31,212	$647,189	$-3,040
2024	$23,843	$21,188	$595,953	$2,655
2023	$11,096	$14,689	$541,896	$-3,593
2022	$11,950	$19,480	$479,971	$-7,530
2021	$44,070	$36,067	$605,544	$8,003
2020	$6,678	$11,589	$530,780	$-4,911

THE HARVEY AND LINDA LITOFSKY FAMILY FOUNDATION CHARITABLE TRUST