Nonprofits/Organizations/13-4131687
Active
501(c)(3)
T20 · Philanthropy, Voluntarism & Grantmaking
Form 990-EZ

Fredman Lichtenstein Family Foundation

DBA: THE FREDMAN LICHTENSTEIN FAMILY

EIN 13-4131687NEW YORK, NY 100221302WebsiteIRS Tax Year 2023 · Period ending June 30, 2024
Mission Statement

SUPPORTS THE MISSION OF UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK, INC., (UJA-FEDERATION OF NEW YORK).

IRS Tax Year 2023

Period ending June 30, 2024

Tax year 2024 filing not yet available. This is the most recent filing on record.

Total Revenue

$7K

-53.7%YoY

Total Expenses

$44K

+16.5%YoY

Net Assets

$141K

-15.0%YoY

Employees

Grants Paid

$42K

Program Expense Ratio

95.8%

This nonprofit profile presents IRS Form 990-EZ tax filing data for Fredman Lichtenstein Family Foundation (EIN: 13-4131687), based on the 2023 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2023

Financial Health

Revenue declined -53.7% to $7K
Program spending ratio of 95.8% — excellent
38.8 months of operating reserves — strong cushion
Expenses increased +16.5% year-over-year

Transparency

Conflict of interest policy not adopted
Whistleblower policy not in place
Financial statements not audited

Compensation

No Schedule J filed — standard compensation reporting only

Program Effectiveness

1 program reported
95.8% of spending goes to programs
No programs generate independent revenue
$42K in grants paid to other organizations

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
38.8 months cash runway — well positioned
Revenue diversification: concentrated in few sources
Net assets declining over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Fredman Lichtenstein Family Foundation is a 501(c)(3) nonprofit headquartered in NEW YORK, NY. It is classified under NTEE code T20 (Private Grantmaking Foundations), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2002. In its 2023 filing, the organization reported $7K in total revenue, a 53.7% decrease from the prior year, and $44K in total expenses. The organization runs 1 program, totaling $42K in program expenses. 0 of 6 recommended governance policies are in place.

Fredman Lichtenstein Family Foundation is classified under NTEE code T20 (Private Grantmaking Foundations), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 17.

Programs(Tax Year 2023)

1 record

Programs Overview

Fredman Lichtenstein Family Foundation operates 1 program, with total program expenses of $42K. Fredman Lichtenstein Family Foundation's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $41,800

GRANTS ARE MADE TO UJA-FEDERATION OF NEW YORK, AND OTHER TAX EXEMPT ORGANIZATIONS IN FURTHERANCE OF UJA-FEDERATION OF NEW YORK'S CHARITABLE PURPOSES.

Financial Overview(Tax Years 2020–2023)

4 records

Financial Highlights

Over the past 4 years, Fredman Lichtenstein Family Foundation's revenue has declined from $55K to $7K, a 87.8% decrease. Program expenses represent 96% of total spending.

Revenue decreased 53.7% year-over-year, while expenses grew 16.5%. net assets fell to $141K, down 15.0% from the prior year.

Fredman Lichtenstein Family Foundation derives 44% from investment income.

Revenue declined by 53.7% and expenses grew by 16.5% year over year.

Fredman Lichtenstein Family Foundation distributed $42K in grants to other organizations and individuals, representing 96% of total expenses.

Over 4 filings from 2020–2023, Fredman Lichtenstein Family Foundation declined revenue from $55K to $7K (-87.8%) while maintaining a program expense ratio of 96%.

Fredman Lichtenstein Family Foundation holds $141K in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 38.8 months of operating reserves. Cash and equivalents of $141K cover approximately 38.8 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2023$7K$0$0$0$3K
2022$15K$0$0$0$4K
2021$36K$0$0$0$6K
2020$55K$0$0$0$6K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2023$44K$42K$0$0$42K
2022$37K$35K$0$0$35K
2021$51K$48K$0$0$48K
2020$97K$96K$0$0$96K

Program Expense Ratio

95.8%

Admin Expense Ratio

0.0%

Fundraising Efficiency

Operating Reserve

38.8 mo

People & Compensation(Tax Year 2023)

5 records

Compensation Summary

Fredman Lichtenstein Family Foundation reported compensation for 5 officers and key employees.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
DAVID LICHTENSTEINPRESIDENT/TRUSTEE
$0$0$0
STANLEY BAUMBLATTSECRETARY/TREASURER/TRUSTE
$0$0$0
RENA FREDMANTRUSTEE
$0$0$0
ALAN A NADELTRUSTEE
$0$0$0
WILLIAM D SAMERSTRUSTEE
$0$0$0

Governance & Compliance(Tax Year 2023)

Governance Snapshot

Fredman Lichtenstein Family Foundation has 0 of 6 recommended governance policies in place.

Fredman Lichtenstein Family Foundation does not have audited financial statements.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Filing History(Tax Years 2002–2023)

4 records

Showing the 4 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2023
990-EZ
2023-07-01 – 2024-06-30$7K$44K$141K
2022
990-EZ
2022-07-01 – 2023-06-30$15K$37K$166K
2021
990-EZ
2021-07-01 – 2022-06-30$36K$51K$186K
2020
990-EZ
2020-07-01 – 2021-06-30$55K$97K$266K
2002–2019No filings acquired yet

Frequently Asked Questions

What does Fredman Lichtenstein Family Foundation do?

SUPPORTS THE MISSION OF UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK, INC., (UJA-FEDERATION OF NEW YORK).

How much revenue does Fredman Lichtenstein Family Foundation have?

Fredman Lichtenstein Family Foundation reported $6,748 in total revenue for tax year 2023, down 53.7% from the prior year.

Who is the highest-paid executive at Fredman Lichtenstein Family Foundation?

DAVID LICHTENSTEIN, PRESIDENT/TRUSTEE, received $0 in total compensation as of tax year 2023.

Is Fredman Lichtenstein Family Foundation a 501(c)(3)?

Yes, Fredman Lichtenstein Family Foundation is classified as a 501(c)(3) tax-exempt organization.

Where is Fredman Lichtenstein Family Foundation located?

Fredman Lichtenstein Family Foundation is headquartered in NEW YORK, NY 100221302.

What type of nonprofit is Fredman Lichtenstein Family Foundation?

Fredman Lichtenstein Family Foundation is classified under NTEE code T20 (Private Grantmaking Foundations), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.

Is Fredman Lichtenstein Family Foundation audited?

No, Fredman Lichtenstein Family Foundation does not currently have audited financial statements.

Does Fredman Lichtenstein Family Foundation give grants?

Yes, Fredman Lichtenstein Family Foundation distributed $41,800 in grants to other organizations and individuals in tax year 2023.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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