JERUSALEM CENTER FOR BIBLE TRANSLATORS INC

EIN: 043286275 501(c)(3) Education

DES PLAINES, IL

Total Revenue
$182,250
Total Expenses
$159,053
Total Assets
$642,294
Net Assets
$598,060
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
MA
Principal Officer
HALVOR RONNING
Phone
8478240238
Tax Period
2023-01-01 to 2023-12-31

JERUSALEM CENTER FOR BIBLE TRANSLATORS INC, founded in 1995, is a small nonprofit in the Education sector that reported $182K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $159K left a modest 13% surplus.

Mission

TO PROVIDE SUPPORT FOR THE TRAINING OF OLD TESTAMENT BIBLE TRANSLATORS, CONSULTANTS AND SCHOLARS WHILE THEY STUDY IN ISRAEL.

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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 $72,612
Program Service Revenue $109,638
Investment Income $0
Other Revenue $0
TOTAL REVENUE $182,250

Expense Breakdown

Grants Paid $0
Salaries & Benefits $422
Fundraising Expenses $0
Program Expenses $152,739
Other Expenses $158,631
TOTAL EXPENSES $159,053

Year-over-Year Comparison

2023 2022 Change
Revenue $182,250 $360,156 -0.5%
Expenses $159,053 $316,944 -0.5%
Net Income $23,197 $43,212 -0.5%
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
16
Independent Members
N/A
Employees
N/A
Volunteers
10

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
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEREMY BAJEMA BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN GRASSO BOARD MEMBER 1.00
Director
$0 $0 $0
VICTOR KALISHER BOARD MEMBER 1.00
Director
$0 $0 $0
JAN KARNIS BOARD MEMBER 1.00
Director
$0 $0 $0
MARKKU KIURU BOARD MEMBER 1.00
Director
$0 $0 $0
BARUCH KVASNICA SECRETARY 13.00
Officer Director
$0 $0 $0
BOAZ POCKROY BOARD MEMBER 1.00
Director
$0 $0 $0
RAY PRITZ BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL RIDDLE CHAIRMAN 1.00
Officer Director
$0 $0 $0
DANIEL RONEN BOARD MEMBER 1.00
Director
$0 $0 $0
HALVOR RONNING CHAIRMAN 1.00
Officer Director
$0 $0 $0
MIRJA RONNING MNG DIRECTOR 40.00
Director
$0 $0 $0
MURRAY SALISBURY BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN SODE-WOODHEAD BOARD MEMBER 1.00
Director
$0 $0 $0
SAMY TIOYE BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD WHEELER TREASURER 1.00
Officer 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 No data No data No data No data
2023 $182,250 $159,053 $642,294 $23,197
2022 $360,156 $316,944 $467,847 $43,212
2021 $208,922 $317,243 $522,394 $-108,321
2020 $305,675 $496,645 $575,039 $-190,970
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