AMERICAN FRIENDS OF NISHMAT INC

EIN: 043106173 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$3,422,591
Total Expenses
$2,932,055
Total Assets
$1,927,416
Net Assets
$1,920,523
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NY
Principal Officer
SHARON LIBERMAN MINTZ
Phone
6463785895
Tax Period
2023-01-01 to 2023-12-31

AMERICAN FRIENDS OF NISHMAT INC, founded in 1990, is a community nonprofit in the International Affairs sector that reported $3.4M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $2.9M left a modest 14% surplus.

Mission

AMERICAN FRIENDS OF NISHMAT (AFN) IS COMMITTED TO BUILDING A COMMUNITY OF INFLUENTIAL JEWISH WOMEN SCHOLARS, EDUCATORS AND LEADERS. SPONSORS ADVANCED STUDY OF CLASSICAL JEWISH TEXTS, SUCH AS BIBLE AND TALMUD, FOR WOMEN IN THE U.S. AND ISRAEL, PROVIDES SCHOLARSHIPS FOR DISADVANTAGED STUDENTS WHO ARE THE FIRST IN THEIR FAMILIES TO OBTAIN ADVANCED EDUCATION, AND SUPPORTS LECTURES, CLASSES AND DISCUSSION CENTERED ON STUDY OF CLASSIC TEXTS.

Program Service Accomplishments

Program 1
Expenses: $2,746,130 Revenue: $3,595,944

AFN PROVIDES GRANTS, FELLOWSHIPS AND SCHOLARSHIPS TO SUPPORT ADVANCED JEWISH EDU. AND SCHOLARSHIP FOR WOMEN, ESPECIALLY EDUCATIONAL AND LEADERSHIP PROGRAMS AT NISHMAT: THE JEANIE SCHOTTENSTEIN CENTER...

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AFN PROVIDES GRANTS, FELLOWSHIPS AND SCHOLARSHIPS TO SUPPORT ADVANCED JEWISH EDU. AND SCHOLARSHIP FOR WOMEN, ESPECIALLY EDUCATIONAL AND LEADERSHIP PROGRAMS AT NISHMAT: THE JEANIE SCHOTTENSTEIN CENTER FOR ADVANCED TORAH STUDY FOR WOMEN. AFN FUNDS PROVIDE SIGNIFICANT SUPPORT FOR NISHMAT'S YOETZET HALACHA FELLOWS PROGRAM, WHICH EDUCATES AND CERTIFIES WOMEN AS RELIGIOUS PROFESSIONALS, FOR THE NISHMAT ETHIOPIAN WOMEN PROGRAM, WHICH EMPOWERS YOUNG WOMEN OF ETHIOPIAN-JEWISH DESCENT TO SUCCEED IN COLLEGE AND JOIN THE PROFESSIONAL WORK FORCE, AND FOR NISHMAT'S ONLINE EDUCATIONAL AND INFORMATIONAL RESOURCES FOR WOMEN FROM AROUND THE WORLD, AMONG OTHER PROGRAM SERVICES. NISHMAT ENROLLS OVER 200 FULL AND PART-TIME STUDENTS IN DIVERSE ACAD. PROGRAMS, SUPPLEMENTED BY COMMUNITY SERVICE AND MYRIAD INFORMAL EDUCATIONAL ACTIVITIES.

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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 $3,595,944
Program Service Revenue $0
Investment Income $4,608
Other Revenue $-177,961
TOTAL REVENUE $3,422,591

Expense Breakdown

Grants Paid $2,293,384
Salaries & Benefits $480,333
Fundraising Expenses $64,223
Program Expenses $2,746,130
Other Expenses $158,338
TOTAL EXPENSES $2,932,055

Year-over-Year Comparison

2023 2022 Change
Revenue $3,422,591 $4,443,716 -0.2%
Expenses $2,932,055 $3,933,300 -0.3%
Net Income $490,536 $510,416 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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Governance

Voting Members
36
Independent Members
36
Employees
7
Volunteers
47

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
4
$0
Total Directors
36
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADINA FREDMAN SECRETARY 1.00
Officer Director
$0 $0 $0
ARI HERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
BEN RIEDER TREASURER 5.00
Officer Director
$0 $0 $0
CHAVIE KAHN BOARD MEMBER 1.50
Director
$0 $0 $0
CONSTANCE KADISH BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID LUNZER BOARD MEMBER 1.00
Director
$0 $0 $0
DR NICOLE SCHREIBER AGUS BOARD MEMBER 1.00
Director
$0 $0 $0
DR TAMAR Z KAHANE BOARD MEMBER 0.50
Director
$0 $0 $0
FELIX GLAUBACH BOARD MEMBER 0.50
Director
$0 $0 $0
FRANCINE MERMELSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
GITI BENDHEIM BOARD MEMBER 1.00
Director
$0 $0 $0
JEANIE SCHOTTENSTEIN BOARD MEMBER 1.50
Director
$0 $0 $0
JUDY TUCHMAN BOARD MEMBER 0.50
Director
$0 $0 $0
JULIA BARUCH BOARD MEMBER 0.50
Director
$0 $0 $0
KAREN HEILIG BOARD MEMBER 0.50
Director
$0 $0 $0
LINDA GOLDENBERG MAYMAN BOARD MEMBER 0.50
Director
$0 $0 $0
LIORA STEIN BOARD MEMBER 0.50
Director
$0 $0 $0
LISA SEPTIMUS BOARD MEMBER 0.50
Director
$0 $0 $0
MATTHEW J MARYLES BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL G JESSELSON BOARD MEMBER 0.50
Director
$0 $0 $0
MICHELLE RITHOLTZ BOARD MEMBER 1.00
Director
$0 $0 $0
MIRIAM GLAUBACH BOARD MEMBER 0.50
Director
$0 $0 $0
NICOLE KAVANA BOARD MEMBER 0.50
Director
$0 $0 $0
RABBI HASKEL LOOKSTEIN BOARD MEMBER 0.50
Director
$0 $0 $0
RABBI JOSHUA LOOKSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
ROBYN TSESARSKY BOARD MEMBER 0.50
Director
$0 $0 $0
ROCHELLE STERN MAJOR BOARD MEMBER 0.50
Director
$0 $0 $0
ROSE GERSZBERG BOARD MEMBER 0.50
Director
$0 $0 $0
ROSELYN WEITZNER BOARD MEMBER 0.50
Director
$0 $0 $0
SANDY SELIGSOHN BOARD MEMBER 0.50
Director
$0 $0 $0
SHARON LIBERMAN MINTZ PRESIDENT 12.50
Officer Director
$0 $0 $0
STEPHEN M FLATOW BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN F CHARENDOFF BOARD MEMBER 0.50
Director
$0 $0 $0
TIRZA BAYEWITZ BOARD MEMBER 0.50
Director
$0 $0 $0
WENDY GREENBAUM VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
ALISHA ABBOUDI EXECUTIVE DIR 40.00
Highest
$135,000 $0 $135,000
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 No data No data No data No data
2023 $3,422,591 $2,932,055 $1,927,416 $490,536
2022 $4,443,716 $3,933,300 $1,448,690 $510,416
2021 $3,909,273 $3,756,735 $924,715 $152,538
2021 $3,909,273 $3,756,735 $924,715 $152,538
2020 $1,907,146 $2,353,448 $770,523 $-446,302
2020 $1,907,146 $2,353,448 $770,523 $-446,302
2019 $2,314,418 $2,537,490 $1,223,989 $-223,072
2018 $2,121,089 $2,586,848 $1,441,448 $-465,759
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