AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC (EIN 130434195) - 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

1940

Legal Domicile

Principal Officer

MICHAEL WAXMAN-LENZ

Phone

2124076300

Tax Period

2023-10-01 to 2024-09-30

AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC, founded in 1940, is a major nonprofit in the International Affairs sector that reported $115.8M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $33.9M, a strong 29% operating margin.

Mission

THE AMERICAN TECHNION SOCIETY SUPPORTS THE TECHNION'S CRITICAL RESEARCH AND (CONTINUED ON SCH O)

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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 $98,097,580

Program Service Revenue $0

Investment Income $17,708,417

Other Revenue $0

TOTAL REVENUE $115,805,997

Expense Breakdown

Grants Paid $58,828,783

Salaries & Benefits $13,380,588

Fundraising Expenses $14,211,410

Program Expenses $60,867,576

Other Expenses $9,341,801

TOTAL EXPENSES $81,881,326

Year-over-Year Comparison

	2023	2022	Change
Revenue	$115,805,997	$86,399,228	+0.3%
Expenses	$81,881,326	$92,015,314	-0.1%
Net Income	$33,924,671	$-5,616,086	-7.0%

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

279

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

$1,016,662

Total Directors

Key Employees

$1,300,808

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK GAINES	PRESIDENT	5.00	Officer Director	$0	$0	$0
STEVE BERGER	CHAIRMAN OF THE BOARD	5.00	Officer Director	$0	$0	$0
ZAHAVA BAR-NIR	VICE CHAIRMAN	5.00	Officer Director	$0	$0	$0
SCOTT LEEMASTER	VICE CHAIRMAN	5.00	Officer Director	$0	$0	$0
SENATOR PAUL B STEINBERG	TREASURER	5.00	Officer Director	$0	$0	$0
JANET SHATZ SNYDER	ASSISTANT TREASURER	5.00	Officer Director	$0	$0	$0
NANCY ARONSON	SECRETARY	5.00	Officer Director	$0	$0	$0
MICHAEL MILLER	ASSISTANT SECRETARY	5.00	Officer Director	$0	$0	$0
ELI ALMO	BOARD MEMBER	1.00	Director	$0	$0	$0
AVRAHAM ASHKENAZI	BOARD MEMBER	1.00	Director	$0	$0	$0
ROSALYN AUGUST	BOARD MEMBER	1.00	Director	$0	$0	$0
KENNETH BASSEY	BOARD MEMBER (AS OF 10/23)	1.00	Director	$0	$0	$0
ILENE BERGER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK BERNSTEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHRYN BLOOM	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT N BRAND	BOARD MEMBER (THRU 10/23)	1.00	Director	$0	$0	$0
MARILYN CAPLOVITZ	BOARD MEMBER	1.00	Director	$0	$0	$0
PAMELA RUBIN COHEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOYCE CROFT	BOARD MEMBER	1.00	Director	$0	$0	$0
BARBARA DAHL	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES DANTO	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT A DAVIDOW	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN DAVISON	BOARD MEMBER	1.00	Director	$0	$0	$0
CATHY DEUTCHMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC DOBRUSIN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK DORNER	BOARD MEMBER	1.00	Director	$0	$0	$0
GEORGE ELBAUM	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROL B EPSTEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN FEIGENBAUM	BOARD MEMBER	1.00	Director	$0	$0	$0
NATHAN FISCHEL	BOARD MEMBER	1.00	Director	$0	$0	$0
NORA FISCHER	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA FLUG	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN FORMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVEN FULD	BOARD MEMBER (AS OF 10/23)	1.00	Director	$0	$0	$0
MICHAEL GAMSON	BOARD MEMBER	1.00	Director	$0	$0	$0
SOL GLASNER	BOARD MEMBER	5.00	Director	$0	$0	$0
FARIBA GHODSIAN-FISCHEL	BOARD MEMBER	1.00	Director	$0	$0	$0
EDWARD R GOLDBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
SOLVIN GORDON	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT HANISEE	BOARD MEMBER	1.00	Director	$0	$0	$0
LAWRENCE S JACKIER	BOARD MEMBER	1.00	Director	$0	$0	$0
JUDY JONAS	BOARD MEMBER (THRU 05/24)	1.00	Director	$0	$0	$0
AGOTA KUPERMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JULEE LANDAU	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN A LASER	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES E LEVIN	BOARD MEMBER	1.00	Director	$0	$0	$0
KIRA MAKAGON	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID MARCUS	BOARD MEMBER	1.00	Director	$0	$0	$0
MELANIE MORENO	BOARD MEMBER	1.00	Director	$0	$0	$0
ALFRED MUNZER	BOARD MEMBER	1.00	Director	$0	$0	$0
NAOMI NEWMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL J PIERCE	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID A POLAK	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF POLAK	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT L POLAK	BOARD MEMBER	1.00	Director	$0	$0	$0
BENNETT RECHLER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOEL S ROTHMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID LEE RONN	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID ROSENBLATT	BOARD MEMBER	1.00	Director	$0	$0	$0
KENNETH RUBENSTEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
EDWIN RUTHMAN	BOARD MEMBER (AS OF 10/23)	1.00	Director	$0	$0	$0
ED SATELL	BOARD MEMBER (THRU 10/23)	1.00	Director	$0	$0	$0
JOEL W SCHWARTZ	BOARD MEMBER	1.00	Director	$0	$0	$0
JOAN SEIDEL	BOARD MEMBER	1.00	Director	$0	$0	$0
JONATHAN SOHNIS	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC STEIN	BOARD MEMBER (THRU 10/23)	1.00	Director	$0	$0	$0
IRA TAUB	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBBIE VANDERVEER	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL VELORIC	BOARD MEMBER	5.00	Director	$0	$0	$0
ANDI WOLFE	BOARD MEMBER	5.00	Director	$0	$0	$0
STEVE WISHNER	BOARD MEMBER	5.00	Director	$0	$0	$0
MICHAEL WAXMAN-LENZ	CHIEF EXECUTIVE OFFICER	40.00	Officer	$660,063	$46,013	$706,076
DEBORAH BERKOWITZ	CHIEF FINANCIAL OFFICER	40.00	Officer	$290,366	$20,220	$310,586
DAVID CHIVO	CHIEF DEVELOPMENT OFFICER	40.00	Key Emp	$370,353	$47,876	$418,229
MARYELLEN TITANI - EXEC DIR	CHIEF CAMP OPS. & STEWARDSHIP OFF.	40.00	Key Emp	$262,442	$46,284	$308,726
JEFFREY SUSSMAN	CHIEF COMM. OFFICER (THRU 08/24)	40.00	Key Emp	$299,949	$11,869	$311,818
KATE YARHOUSE	CHIEF PEOPLE OFFICER	40.00	Key Emp	$241,936	$20,099	$262,035
JEROME KLEINMAN	EXECUTIVE DIRECTOR, PRINCIPAL GIFTS	40.00	Highest	$278,123	$36,829	$314,952
JUDY SAGER	EXECUTIVE DIR., PLANNED GIVING	40.00	Highest	$267,972	$52,575	$320,547
IRV ELENBERG	REGIONAL SENIOR DIR. OF DEVELOPMENT	40.00	Highest	$246,035	$37,576	$283,611
VICTORIA BUDER	EXECUTIVE DIRECTOR, PRINCIPAL GIFTS	40.00	Highest	$252,506	$47,057	$299,563
JOEY SELESNY	REGIONAL SENIOR DIR. OF DEVELOPMENT	40.00	Highest	$211,930	$68,630	$280,560
JANA LITTLETON - FORMER PROJECT	LEAD, ANALYTICS & STRATEGY	40.00		$182,756	$35,766	$218,522

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	$115,805,997	$81,881,326	$731,562,263	$33,924,671
2023	$86,399,228	$92,015,314	$603,087,740	$-5,616,086
2022	$90,330,678	$78,134,988	$561,761,560	$12,195,690
2021	$98,767,366	$81,453,814	$629,417,045	$17,313,552
2020	$74,453,195	$65,749,984	$552,165,498	$8,703,211
2019	$102,061,646	$88,445,792	$541,723,030	$13,615,854
2018	$80,064,724	$79,199,235	$535,250,934	$865,489

AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC