FRIENDS OF ZICHRON MEIR INC FRIENDS OF ZICHRON MEIR

EIN: 113303475 501(c)(3) Philanthropy & Grantmaking

BROOKLYN, NY

Total Revenue
$725,645
Total Expenses
$699,955
Total Assets
$97,400
Net Assets
$97,400
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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
Principal Officer
ISAAC STERNHEIM
Phone
7184367900
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF ZICHRON MEIR INC FRIENDS OF ZICHRON MEIR, founded in 1992, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $726K in total revenue in fiscal year 2023. Expenses of $700K left a modest 4% surplus.

Mission

TO SUPPORT TALMUD TORAH ZICHRON MEIR, A SCHOOL 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 $725,645
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $725,645

Expense Breakdown

Grants Paid $699,955
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $699,955
Other Expenses $0
TOTAL EXPENSES $699,955

Year-over-Year Comparison

2023 2022 Change
Revenue $725,645 $731,640 0.0%
Expenses $699,955 $789,703 -0.1%
Net Income $25,690 $-58,063 -1.4%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ISAAC STERNHEIM OFFICER 10.00
Officer
$0 $0 $0
HARRY BRODY OFFICER 4.00
Officer
$0 $0 $0
JACOB HERSKOVITS OFFICER 1.00
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 No data No data No data No data
2023 $725,645 $699,955 $97,400 $25,690
2022 $731,640 $789,703 $71,095 $-58,063
2021 $579,533 $481,169 $129,303 $98,364
2020 $411,108 $443,897 $31,430 $-32,789
2019 $424,343 $372,081 $64,219 $52,262
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