AMERICAN COMMITTEE FOR THE ADVANCE- MENT OF TORAH EDUCATION IN ISRAEL

EIN: 112434546 501(c)(3) Religion

DEEP RIVER, CT

Total Revenue
$469,026
Total Expenses
$503,103
Total Assets
$308,127
Net Assets
$308,127
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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
1977
Legal Domicile
NY
Principal Officer
FRED GORSETMAN
Tax Period
2023-01-01 to 2023-12-31

AMERICAN COMMITTEE FOR THE ADVANCE- MENT OF TORAH EDUCATION IN ISRAEL, founded in 1977, is a small nonprofit in the Religion sector that reported $469K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

INCREASE KNOWLEDGE OF TORAH

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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 $447,404
Program Service Revenue $0
Investment Income $21,622
Other Revenue $0
TOTAL REVENUE $469,026

Expense Breakdown

Grants Paid $452,537
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $452,537
Other Expenses $50,566
TOTAL EXPENSES $503,103

Year-over-Year Comparison

2023 2022 Change
Revenue $469,026 $605,016 -0.2%
Expenses $503,103 $775,073 -0.4%
Net Income $-34,077 $-170,057 -0.8%
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
4
Independent Members
4
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRED GORSETMAN DIRECTOR 0.10
Director
$0 $0 $0
SHOSHANA SUMMER VICE PRESIDE 0.10
Director
$0 $0 $0
BATSHEVA BROVENDER SECY 0.10
Officer
$0 $0 $0
RABBI CHAIM BROVENDER PRES/TREAS 0.10
Officer
$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 $469,026 $503,103 $308,127 $-34,077
2022 $605,016 $775,073 $342,204 $-170,057
2021 $691,183 $728,680 $512,261 $-37,497
2020 $550,223 $371,754 $549,758 $178,469
2019 $247,570 $342,248 $371,289 $-94,678
2018 $1,538,266 $1,718,755 $465,967 $-180,489
2017 $2,401,781 $2,930,538 $646,456 $-528,757
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