CHARLES BUTT PHILANTHROPIES (EIN 934035101) - 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

2023

Legal Domicile

Principal Officer

LYNETTE PADALECKI

Phone

2104629991

Tax Period

2024-01-01 to 2024-12-31

CHARLES BUTT PHILANTHROPIES, founded in 2023, is a mid-sized nonprofit that reported $15.5M in total revenue in fiscal year 2024. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $20.0M exceeded revenue, resulting in a 30% operating deficit.

Mission

TO PROMOTE SOCIAL WELFARE BY ADVANCING AND SUPPORTING THE EDUCATION OF ALL CHILDREN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $15,456,287

Other Revenue $0

TOTAL REVENUE $15,456,287

Expense Breakdown

Grants Paid $20,000,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,000,000

Other Expenses $34,999

TOTAL EXPENSES $20,034,999

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,456,287	$398,520,000	-1.0%
Expenses	$20,034,999	N/A	N/A
Net Income	$-4,578,712	$398,520,000	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES H CLINES	PRESIDENT/TREAS./DIR. (UNTIL 7/2/24)	2.00	Officer Director	$0	$0	$0
ELIZABETH LORENZ	DIRECTOR/SECRETARY (UNTIL 8/16/24)	1.00	Officer Director	$0	$0	$0
GEORGINA PODJENSKI	DIRECTOR	1.00	Director	$0	$0	$0
YUN AU	PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
LYNETTE PADALECKI	DIRECTOR/TREASURER	1.00	Officer Director	$0	$0	$0
NICOLE ROYAL	SECRETARY	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
2025	No data	No data	No data	No data
2024	$15,456,287	$20,034,999	$390,631,941	$-4,578,712
2023	$398,520,000	No data	$398,520,000	No data

CHARLES BUTT PHILANTHROPIES