DAVID M HERSKOVITS FOUNDATION

EIN: 872224912 501(c)(3) Education

BOCA RATON, FL

Total Revenue
$154,980
Total Expenses
$51,217
Total Assets
$204,763
Net Assets
$204,763
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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
2021
Legal Domicile
DE
Phone
5162136413
Tax Period
2023-01-01 to 2023-12-31

DAVID M HERSKOVITS FOUNDATION, founded in 2021, is a small nonprofit in the Education sector that reported $155K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $104K, a strong 67% operating margin.

Mission

The DMH Foundation is a nonprofit dedicated to provider mentorship scholarship to STEM education

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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 $154,980
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $154,980

Expense Breakdown

Grants Paid $29,500
Salaries & Benefits $0
Fundraising Expenses $19,687
Program Expenses $29,500
Other Expenses $21,717
TOTAL EXPENSES $51,217

Year-over-Year Comparison

2023 2022 Change
Revenue $154,980 $120,000 +0.3%
Expenses $51,217 $19,000 +1.7%
Net Income $103,763 $101,000 +0.0%
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

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Governance

Voting Members
6
Independent Members
N/A
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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rita Herskovits Trustee 10.00
Director
$0 $0 $0
Alfred Dawson Trustee 2.00
Director
$0 $0 $0
Amy Dawson Trustee 2.00
Director
$0 $0 $0
Dina Wizmer Trustee 2.00
Director
$0 $0 $0
Andrew Wyant Trustee 2.00
Director
$0 $0 $0
Scott Perraud Trustee 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
2023 $154,980 $51,217 $204,763 $103,763
2022 $120,000 $19,000 $101,000 $101,000
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