Laxer Family Foundation Inc (EIN 824253549) - 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

2018

Legal Domicile

Principal Officer

David Laxer

Phone

8132512421

Tax Period

2025-01-01 to 2025-12-31

Laxer Family Foundation Inc, founded in 2018, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $992K in total revenue in fiscal year 2025. Revenue fell 58% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $388K, a strong 39% operating margin.

Mission

The Laxer Family Foundation is a Florida not-for-profit corporation that was formed to promote and educate people of all ages on the culinary arts, healthy eating, and sound lifestyle choices.

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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 $162,000

Program Service Revenue $830,066

Investment Income $46

Other Revenue $0

TOTAL REVENUE $992,112

Expense Breakdown

Grants Paid $72,300

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $593,847

Other Expenses $531,980

TOTAL EXPENSES $604,280

Year-over-Year Comparison

	2025	2024	Change
Revenue	$992,112	$2,347,803	-0.6%
Expenses	$604,280	$2,776,491	-0.8%
Net Income	$387,832	$-428,688	-1.9%

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
David Laxer	President	2.00	Officer Director	$0	$0	$0
Christina Laxer	Vice President	2.00	Officer Director	$0	$0	$0
Kira Astle	Secretary and Treasurer	2.00	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	$992,112	$604,280	$472,482	$387,832
2024	$2,347,803	$2,776,491	$84,650	$-428,688
2023	$931,877	$668,041	$513,338	$263,836
2022	$703,590	$667,765	$249,502	$35,825
2021	$348,895	$262,311	$213,677	$86,584
2020	$107,757	$116,197	$127,093	$-8,440
2019	$770,313	$739,111	$135,533	$31,202
2018	$695,828	$591,497	$104,331	$104,331

Laxer Family Foundation Inc