FRIENDS OF AKIM USA INC (EIN 112499314) - Form 990 Financial Analysis & Trantor Score

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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

1979

Legal Domicile

Principal Officer

LAWRENCE REIN

Phone

9737143951

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF AKIM USA INC, founded in 1979, is a small nonprofit in the Unknown sector that reported $129K in total revenue in fiscal year 2023. Revenue surged 411% from the prior year, signaling strong growth momentum. The organization ran a surplus of $41K, a strong 32% operating margin.

Mission

THE ORGANIZATION PROVIDES ALL OF ITS AID TO AKIM ISRAEL. AKIM ISRAEL PROVIDES RESIDENTIAL AND THERAPEUTIC SERVICES TO MENTALLY HANDICAPPED CHILDREN AND ADULTS 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $128,602

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $128,602

Expense Breakdown

Grants Paid $20,500

Salaries & Benefits $55,884

Fundraising Expenses $17,022

Program Expenses $48,869

Other Expenses $10,886

TOTAL EXPENSES $87,270

Year-over-Year Comparison

	2023	2022	Change
Revenue	$128,602	$25,169	+4.1%
Expenses	$87,270	$14,638	+5.0%
Net Income	$41,332	$10,531	+2.9%

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

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

$47,444

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAWRENCE REIN	DIRECTOR	40.00	Director	$47,444	$0	$47,444
STEVEN EIDELMAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
FERNAND SCHOPPIG	DIRECTOR	N/A	Director	$0	$0	$0
ALBERTO TCAH	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
SIGAL PERETZ YAHALOMI	TREASURER	N/A	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	$128,602	$87,270	$62,690	$41,332
2022	$25,169	$14,638	$20,438	$10,531
2021	$44,874	$34,278	$9,907	$10,596
2020	$76,384	$108,657	$19,092	$-32,273
2019	$102,344	$112,574	$30,902	$-10,230
2018	$130,937	$151,381	$39,558	$-20,444

FRIENDS OF AKIM USA INC