JEWISH HOME FOR AGED FOUNDATION INC

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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

1986

Legal Domicile

Principal Officer

JAY AFRAME

Phone

5087988653

Tax Period

2024-01-01 to 2024-12-31

JEWISH HOME FOR AGED FOUNDATION INC, founded in 1986, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $456K, a strong 44% operating margin.

Mission

TO MAKE GRANTS TO THE JEWISH HEALTHCARE CENTER, INC. TO SUPPLEMENT PROGRAMS

Program Service Accomplishments

Program 1

Expenses: $537,310

THE PURPOSE OF THE FOUNDATION IS TO MAKE GRANTS TO THE JEWISH HEALTHCARE CENTER, INC. TO SUPPLEMENT PROGRAMS

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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 $1,048,057

Other Revenue $0

TOTAL REVENUE $1,048,057

Expense Breakdown

Grants Paid $537,310

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $537,310

Other Expenses $54,344

TOTAL EXPENSES $591,654

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,048,057	$572,384	+0.8%
Expenses	$591,654	$541,838	+0.1%
Net Income	$456,403	$30,546	+13.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JAY AFRAME	PRESIDENT	Officer Director	$0	$0	$0
BRUCE WAHLE	DIRECTOR	Director	$0	$0	$0
LISA COHEN	DIRECTOR	Director	$0	$0	$0
ALAN FEINGOLD	DIRECTOR	Director	$0	$0	$0
ALAN STOLL	VICE PRESIDENT	Officer Director	$0	$0	$0
WAYNE USHMAN	DIRECTOR	Director	$0	$0	$0
STEVEN WILLENS	DIRECTOR	Director	$0	$0	$0
WARREN PALLEY	DIRECTOR	Director	$0	$0	$0
PHILIP OSTROW	TREASURER	Officer Director	$0	$0	$0
HARRIET ROBBINS	SECRETARY	Officer Director	$0	$0	$0
ALAN YAFFE	DIRECTOR	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	$1,048,057	$591,654	$17,595,846	$456,403
2023	$572,384	$541,838	$16,997,417	$30,546
2022	$168,190	$559,354	$14,939,023	$-391,164
2021	$4,962,459	$49,300	$17,212,247	$4,913,159
2020	$917,352	$524,034	$11,621,275	$393,318
2019	$707,596	$575,640	$11,611,738	$131,956
2018	$846,103	$372,302	$10,456,146	$473,801