RUSSELL J EFROS FOUNDATION INC

EIN: 831298420 501(c)(3) Arts, Culture & Humanities

ROSLYN, NY

Total Revenue
$604,669
Total Expenses
$295,519
Total Assets
$435,336
Net Assets
$412,742
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
DANIELLE KASTENBAUM
Phone
5162326414
Tax Period
2023-01-01 to 2023-12-31

RUSSELL J EFROS FOUNDATION INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $605K in total revenue in fiscal year 2023. Revenue surged 966% from the prior year, signaling strong growth momentum. The organization ran a surplus of $309K, a strong 51% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO CONNECT, ASSIST, EDUCATE AND FUND EMERGING ARTISTS IN THE NEW YORK AREA AND BROOKLYN COMMUNITIES. THE ORGANIZATION'S GOAL IS TO BUILD A COMMUNITY SPACE FOR ARTISTS TO NETWORK, CREATE, COLLABORATE, AND SHARE THEIR TALENT AND TO PROVIDE THEM WITH THE TOOLS AND RESOURCES NECESSARY TO ACHIEVE THEIR DREAMS. THE ORGANIZATION WILL ALSO CREATE, AND RAISE MONEY FOR, THE RUSSELL J. EFROS AWARD FUND AT THE SCHOOL OF VISUAL ARTS, DESIGNATED TO SUPPORT A SENIOR UNDERGRADUATE FILM AND VIDEO STUDENT WITH THEIR THESIS PROJECT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $653,861
Program Service Revenue $0
Investment Income $0
Other Revenue $-49,192
TOTAL REVENUE $604,669

Expense Breakdown

Grants Paid $0
Salaries & Benefits $139,208
Fundraising Expenses $46,809
Program Expenses $234,789
Other Expenses $156,311
TOTAL EXPENSES $295,519

Year-over-Year Comparison

2023 2022 Change
Revenue $604,669 $56,728 +9.7%
Expenses $295,519 $42,300 +6.0%
Net Income $309,150 $14,428 +20.4%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
4

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
4
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MITCHELL EFROS PRESIDENT 2.00
Officer Director
$0 $0 $0
JODI EFROS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
DANIELLE KASTENBAUM SECRETARY 5.00
Officer Director
$0 $0 $0
COREY MAXWELL EFROS TREASURER 1.00
Officer Director
$0 $0 $0
STUART ACKER DIRECTOR 1.00
Director
$0 $0 $0
ANDI BLACK DIRECTOR 1.00
Director
$0 $0 $0
ALEX COHEN DIRECTOR 1.00
Director
$0 $0 $0
ANDRU COREN DIRECTOR 1.00
Director
$0 $0 $0
RYAN DUNN DIRECTOR 1.00
Director
$0 $0 $0
BRIAN FRANK DIRECTOR 1.00
Director
$0 $0 $0
SETH LEIST DIRECTOR 1.00
Director
$0 $0 $0
SHERI LEIST DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE MARK DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL ROBERTS DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE ROBERTS DIRECTOR 1.00
Director
$0 $0 $0
ABBEY SOLOMON DIRECTOR 1.00
Director
$0 $0 $0
TODD STREET DIRECTOR 1.00
Director
$0 $0 $0
TONI HABER DIRECTOR 1.00
Director
$0 $0 $0
RAKIEM WALKER DIRECTOR 1.00
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
2024 No data No data No data No data
2023 $604,669 $295,519 $435,336 $309,150
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