FRIENDS OF ISRAEL DISABLED VETERANS INC

EIN: 133392711 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$8,217,070
Total Expenses
$6,992,449
Total Assets
$8,361,085
Net Assets
$6,035,831
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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
1987
Legal Domicile
DE
Principal Officer
SETH MOLOD
Phone
2126893220
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF ISRAEL DISABLED VETERANS INC, founded in 1987, is a community nonprofit in the International Affairs sector that reported $8.2M in total revenue in fiscal year 2023. Revenue surged 130% from the prior year, signaling strong growth momentum. Expenses of $7.0M left a modest 15% surplus.

Mission

TO RAISE FUNDS IN ISRAEL AND ABROAD FOR MAINTAINING THE EXISTING, AND BUILDING NEW BEIT HALOCHEM CENTERS, PURCHASING EQUIPMENT AND OPERATING THE VAST REHABILITATION NETWORK OF THE ZAHAL DISABLED VETERANS ORGANIZATION. THIS INCLUDES THE WIDE ARRAY OF PHYSIOTHERAPY, SPORTS AND CULTURAL ACTIVITIES.

Program Service Accomplishments

Program 1
Expenses: $6,016,900 Revenue: $8,221,952

DURING 2023, FRIENDS OF ISRAEL DISABLED VETERANS, INC. TRANSMITTED TO ZAHAL DISABLED VETERANS FUND OF ISRAEL $6,016,900.

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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 $8,223,098
Program Service Revenue $0
Investment Income $52,556
Other Revenue $-58,584
TOTAL REVENUE $8,217,070

Expense Breakdown

Grants Paid $6,016,900
Salaries & Benefits $456,593
Fundraising Expenses $723,190
Program Expenses $6,016,900
Other Expenses $518,956
TOTAL EXPENSES $6,992,449

Year-over-Year Comparison

2023 2022 Change
Revenue $8,217,070 $3,579,373 +1.3%
Expenses $6,992,449 $3,116,483 +1.2%
Net Income $1,224,621 $462,890 +1.6%
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
8
Independent Members
8
Employees
7
Volunteers
12

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
4
$143,381
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL LEICHTLING CO-CHAIRMAN 8.00
Officer Director
$0 $0 $0
AVRI HOROWITZ DIRECTOR 2.00
Director
$0 $0 $0
MARK PORAT DIRECTOR 2.00
Director
$0 $0 $0
DR ISAAC SEINUK CO-CHAIRMAN 7.00
Officer Director
$0 $0 $0
DANIEL NAFTALIN DIRECTOR 2.00
Director
$0 $0 $0
SHELDON PICKHOLZ TREASURER 1.00
Officer Director
$0 $0 $0
KYLE WAXMAN DIRECTOR 1.00
Director
$0 $0 $0
SETH MOLOD DIRECTOR 1.00
Director
$0 $0 $0
ELLA LEVINE NATIONAL EXECUTIVE DIRECTO 40.00
Officer
$143,381 $0 $143,381
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 $8,217,070 $6,992,449 $8,361,085 $1,224,621
2022 $3,579,373 $3,116,483 $5,793,286 $462,890
2021 $2,917,597 $3,149,349 $5,408,814 $-231,752
2020 $3,695,808 $3,026,533 $5,811,494 $669,275
2019 $3,448,616 $4,005,117 $4,805,823 $-556,501
2018 $4,195,180 $4,163,784 $6,166,874 $31,396
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