AMERICAN FRIENDS OF ALBERT EINSTEIN INSTITUTE

EIN: 030483034 501(c)(3) Philanthropy & Grantmaking

BROOKLYN, NY

Total Revenue
$6,497,269
Total Expenses
$5,002,521
Total Assets
$1,499,159
Net Assets
$1,499,159
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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
2002
Legal Domicile
NY
Principal Officer
JOEY ADES
Phone
7182586703
Tax Period
2023-01-01 to 2023-12-31

AMERICAN FRIENDS OF ALBERT EINSTEIN INSTITUTE, founded in 2002, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $6.5M in total revenue in fiscal year 2023. The organization ran a surplus of $1.5M, a strong 23% operating margin.

Mission

TO PROVIDE AID AND SUPPRT FOR THE ELDERLY, THE INDIGENT NEEDY AND RELIGIOUS 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 $6,497,269
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,497,269

Expense Breakdown

Grants Paid $5,000,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,000,000
Other Expenses $2,521
TOTAL EXPENSES $5,002,521

Year-over-Year Comparison

2023 2022 Change
Revenue $6,497,269 N/A N/A
Expenses $5,002,521 N/A N/A
Net Income $1,494,748 $0 N/A
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
3
Independent Members
3
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH ADES PRES. 1.00
Director
$0 $0 $0
ISAAC KOL-NESHER VICE-PRES 1.00
Director
$0 $0 $0
ABRAHAM DAYAN TREAS. 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
2023 $6,497,269 $5,002,521 $1,499,159 $1,494,748
2023 $6,497,269 $5,002,521 $1,499,159 $1,494,748
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