SEPHARDIC HERITAGE ALLIANCE INC

EIN: 113127249 501(c)(3) Religion

GREAT NECK, NY

Total Revenue
$161,532
Total Expenses
$269,755
Total Assets
$282,795
Net Assets
$282,795
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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
1992
Legal Domicile
NY
Phone
2129671110
Tax Period
2023-09-01 to 2024-08-31

SEPHARDIC HERITAGE ALLIANCE INC, founded in 1992, is a small nonprofit in the Religion sector that reported $162K in total revenue in fiscal year 2023. Expenses of $270K exceeded revenue, resulting in a 67% operating deficit.

Mission

To promote the Sephardic culture and traditions.

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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 $0
Program Service Revenue $181,500
Investment Income $2
Other Revenue $-19,970
TOTAL REVENUE $161,532

Expense Breakdown

Grants Paid $72,416
Salaries & Benefits $0
Fundraising Expenses $42,472
Program Expenses $190,016
Other Expenses $197,339
TOTAL EXPENSES $269,755

Year-over-Year Comparison

2023 2022 Change
Revenue $161,532 N/A N/A
Expenses $269,755 N/A N/A
Net Income $-108,223 N/A N/A
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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Governance

Voting Members
36
Independent Members
26
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
12
$0
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PARVANEH KHODADADIAN Trustee 0.00
Director
$0 $0 $0
PARGOL KHADAVI Trustee 0.00
Director
$0 $0 $0
CLAUDINE AMIRIAN Trustee 0.00
Director
$0 $0 $0
JOSEPH AMIRIAN Trustee 0.00
Director
$0 $0 $0
SAEED AMIRIAN Trustee 0.00
Director
$0 $0 $0
PARISA BOKHOUR Trustee 0.00
Director
$0 $0 $0
SIMONE CAMI Trustee 0.00
Director
$0 $0 $0
KAMBIZ DAMAGHI Trustee 0.00
Director
$0 $0 $0
SHAHROKH SEAN ESHAGHOFF Trustee 0.00
Director
$0 $0 $0
TANIA ESHAGHOFF-FRIEDBERG Trustee 0.00
Director
$0 $0 $0
KEIVAN FARHADIAN Trustee 0.00
Director
$0 $0 $0
HERCEL HAROUNIAN Trustee 0.00
Director
$0 $0 $0
MICHAEL HAROUNIAN Trustee 0.00
Director
$0 $0 $0
REBECCA HAROUNIAN Trustee 0.00
Director
$0 $0 $0
HON MOJGAN LANCMAN Trustee 0.00
Director
$0 $0 $0
JOSEPHINE MAIRZADEH Trustee 0.00
Director
$0 $0 $0
JOSEPH MOINIAN Trustee 0.00
Director
$0 $0 $0
NAZEE MOINIAN Trustee 0.00
Director
$0 $0 $0
DAVID OHEBSHALOM Trustee 0.00
Director
$0 $0 $0
FRED OHEBSHALOM Trustee 0.00
Director
$0 $0 $0
SHAWN RAFIE Trustee 0.00
Director
$0 $0 $0
KHOSROW SASSOUNI Trustee 0.00
Director
$0 $0 $0
RAFAEL SASSOUNI Trustee 0.00
Director
$0 $0 $0
SHAHRUZ SHAHERY Trustee 0.00
Director
$0 $0 $0
RAYMOND ESHAGHOFF Treasurer 0.00
Officer
$0 $0 $0
EDWIN COHEN AZARKIAN President 0.00
Officer
$0 $0 $0
SHAHRAM DELAFRAZ Vice President 0.00
Officer
$0 $0 $0
ERIKA GOLDSTEIN KASHI President 0.00
Officer
$0 $0 $0
REBECCA Y SASSOUNI Vice President 0.00
Officer
$0 $0 $0
MARJAN GREENBLATT Vice President 0.00
Officer
$0 $0 $0
MICHAEL SHAHKOOHI Vice President 0.00
Officer
$0 $0 $0
MIKE DELAFRAZ Vice President 0.00
Officer
$0 $0 $0
MISHA HAGHANI Vice President 0.00
Officer
$0 $0 $0
JACQUELINE HAROUNIAN Vice President 0.00
Officer
$0 $0 $0
BEHNAM KOHANIM Secretary 0.00
Officer
$0 $0 $0
PEDRAM TABIBI Secretary 0.00
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 $161,532 $269,755 $282,795 $-108,223
2019 $229,934 $330,048 $532,392 $-100,114
2018 $473,011 $310,714 $629,752 $162,297
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