AF BEST SECURITIES FOUNDATION INC

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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

1997

Legal Domicile

Principal Officer

ALAN Z APPELBAUM

Phone

8002411247

Tax Period

2017-07-01 to 2018-06-30

AF BEST SECURITIES FOUNDATION INC, founded in 1997, is a micro nonprofit that reported $99K in total revenue in fiscal year 2017. Revenue fell 39% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE SUPPORT TO ESTABLISHED CHILDREN'S CHARITIES THAT ARE PREDOMINANTLY MEDICAL AND SOCIAL IN NATURE. ALSO, TO FUND RESEARCH THAT TRYS TO UNDERSTAND AND CURE CANCERS AND OTHER CATASTROPHIC DISEASES THAT AFFECT CHILDREN.

Program Service Accomplishments

Program 1

Expenses: $98,600

THE A.F BEST FOUNDATION RAISED FUNDS THROUGH AN ANNUAL ONE-DAY GOLF TOURNAMENT AND DINNER TO PROVIDE FUNDS FOR DONATIONS TO ORGANIZATIONS THAT MEET FOUNDATION'S MISSION AS DESCRIBED ON LINE ONE...

THE A.F BEST FOUNDATION RAISED FUNDS THROUGH AN ANNUAL ONE-DAY GOLF TOURNAMENT AND DINNER TO PROVIDE FUNDS FOR DONATIONS TO ORGANIZATIONS THAT MEET FOUNDATION'S MISSION AS DESCRIBED ON LINE ONE ABOVE.DONATIONS WERE MADE TO 12 ORGANIZATIONS DURING THE CURRENT YEAR.

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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 (2017)

Revenue Breakdown

Contributions & Grants $93,537

Program Service Revenue $0

Investment Income $209

Other Revenue $5,254

TOTAL REVENUE $99,000

Expense Breakdown

Grants Paid $98,600

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $98,600

Other Expenses $1,635

TOTAL EXPENSES $100,235

Year-over-Year Comparison

	2017	2016	Change
Revenue	$99,000	$162,836	-0.4%
Expenses	$100,235	$155,257	-0.4%
Net Income	$-1,235	$7,579	-1.2%

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
ALAN Z APPELBAUM	DIRECTOR/PRESIDENT	2.00	Director	$0	$0	$0
EDWARD P HIRSCHBERG	TREASURER	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
2018	$99,000	$100,235	$62,667	$-1,235