Leon Karelitz Charitable Trust

🔒

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

Formation Year

2010

Legal Domicile

Phone

7858327400

Tax Period

2024-07-01 to 2025-06-30

Leon Karelitz Charitable Trust, founded in 2010, is a micro nonprofit that reported $78K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $14K, a strong 18% operating margin.

Mission

To provide support for the benefit of the University of Kansas School of Law.

Program Service Accomplishments

Program 1

Expenses: $60,896 Revenue: $0

To provide support to enhance the teaching of evidence at the University of Kansas School of Law.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $78,283

Other Revenue $0

TOTAL REVENUE $78,283

Expense Breakdown

Grants Paid $60,896

Salaries & Benefits $1,522

Fundraising Expenses $0

Program Expenses $60,896

Other Expenses $2,163

TOTAL EXPENSES $64,581

Year-over-Year Comparison

	2024	2023	Change
Revenue	$78,283	$66,038	+0.2%
Expenses	$64,581	$54,522	+0.2%
Net Income	$13,702	$11,516	+0.2%

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

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
KANSAS UNIVERSITY ENDOWMENT ASSOC	TRUSTEE	1.0		$1,522	$0	$1,522

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	$78,283	$64,581	$2,104,639	$13,702
2024	No data	No data	No data	No data
2023	$46,767	$38,781	$2,040,107	$7,986
2022	$39,394	$22,367	$2,119,185	$17,027
2021	$45,381	$23,957	$2,335,224	$21,424
2020	$45,007	$37,313	$2,408,760	$7,694
2019	$49,869	$44,543	$2,241,798	$5,326
2018	$39,391	$30,944	$2,124,777	$8,447