THE EVERFUND INC (EIN 831218408) - 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

JACOB SPITZER

Phone

8452029000

Tax Period

2023-01-01 to 2023-12-31

THE EVERFUND INC, founded in 2018, is a small nonprofit in the Mutual Benefit sector that reported $371K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $107K, a strong 29% operating margin.

Mission

THE ORGANIZATION PROVIDES SERVICES TO THE DISABLED POPULATION BY ADMINISTERING A POOLED SPECIAL NEEDS TRUST FOR DISABLED INDIVIDUALS WHO CANNOT CARE FOR THEMSELVES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $231,221

Investment Income $0

Other Revenue $140,075

TOTAL REVENUE $371,296

Expense Breakdown

Grants Paid $100

Salaries & Benefits $130,960

Fundraising Expenses $0

Program Expenses $151,709

Other Expenses $133,549

TOTAL EXPENSES $264,609

Year-over-Year Comparison

	2023	2022	Change
Revenue	$371,296	$261,773	+0.4%
Expenses	$264,609	$552,298	-0.5%
Net Income	$106,687	$-290,525	-1.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$40,730

Total Directors

$40,730

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACOB SPITZER	EXECUTIVE DIRECTOR	30.00	Officer Director	$15,384	$25,346	$40,730
YOEL FRIEDMAN	DIRECTOR	1.00	Director	$0	$0	$0
AHARON SCHWARTZ	DIRECTOR	1.00	Director	$0	$0	$0
ELIEZER SPUTZ	DIRECTOR	1.00	Director	$0	$0	$0
JOEL GREEN	TREASURER	1.00	Officer	$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
2024	No data	No data	No data	No data
2023	$371,296	$264,609	$9,677	$106,687
2022	$261,773	$552,298	$28	$-290,525
2021	$336,160	$519,427	$111,409	$-183,267
2020	$353,148	$576,644	$21,285	$-223,496
2019	$379,778	$510,044	$2,444	$-130,266

THE EVERFUND INC