AMIT CHILDREN INC

EIN: 135631502 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$21,110,673
Total Expenses
$9,701,525
Total Assets
$30,760,934
Net Assets
$21,130,054
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1930
Legal Domicile
NY
Principal Officer
KAREN BILLET
Phone
2124774720
Tax Period
2023-01-01 to 2023-12-31

AMIT CHILDREN INC, founded in 1930, is a mid-sized nonprofit in the International Affairs sector that reported $21.1M in total revenue in fiscal year 2023. Revenue surged 150% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.4M, a strong 54% operating margin.

Mission

TO PROVIDE UNDERPRIVILEGED CHILDREN IN ISRAEL WITH FAMILY CENTERED CHILD CARE AND TO OPERATE A NETWORK OF QUALITY SCHOOLS IN ISRAEL WITHIN A RELIGIOUS ZIONIST FRAMEWORK.

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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 $21,289,011
Program Service Revenue $0
Investment Income $166,035
Other Revenue $-344,373
TOTAL REVENUE $21,110,673

Expense Breakdown

Grants Paid $4,020,585
Salaries & Benefits $3,260,805
Fundraising Expenses $668,622
Program Expenses $7,996,311
Other Expenses $2,420,135
TOTAL EXPENSES $9,701,525

Year-over-Year Comparison

2023 2022 Change
Revenue $21,110,673 $8,428,366 +1.5%
Expenses $9,701,525 $8,286,044 +0.2%
Net Income $11,409,148 $142,322 +79.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
48
Independent Members
48
Employees
36
Volunteers
500

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
6
$655,096
Total Directors
48
$0
Key Employees
1
$253,604
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHANA SHIELDS CHAIR, BOARD OF DIRECTORS 0.50
Officer Director
$0 $0 $0
SHARI SAFRA PRESIDENT 0.50
Officer Director
$0 $0 $0
CONNIE KADISH SECRETARY 0.50
Officer Director
$0 $0 $0
HARRIET SEIF TREASURER 0.50
Officer Director
$0 $0 $0
ALEX LUXENBERG VICE PRESIDENT, MARKETING 0.50
Director
$0 $0 $0
ANNE GOLOMBECK MEMBER AT LARGE 0.50
Director
$0 $0 $0
ANNE WASSERMAN MEMBER AT LARGE 0.50
Director
$0 $0 $0
AUDREY AXELROD TRACHTMAN PAST PRESIDENT 0.50
Director
$0 $0 $0
AUDREY LOOKSTEIN MEMBER AT LARGE 0.50
Director
$0 $0 $0
AVI ADELSBERG MEMBER AT LARGE 0.50
Director
$0 $0 $0
BETH ALTER MEMBER AT LARGE 0.50
Director
$0 $0 $0
BRENDA KALTER MEMBER AT LARGE 0.50
Director
$0 $0 $0
CARYN GOLOMBECK MEMBER AT LARGE 4.00
Director
$0 $0 $0
DANIEL MILLER MEMBER AT LARGE 0.50
Director
$0 $0 $0
DEBBIE MOED PAST PRESIDENT 0.50
Director
$0 $0 $0
DEBORAH ISAAC PAST PRESIDENT 0.50
Director
$0 $0 $0
ELANA MINKOVE MEMBER AT LARGE 0.50
Director
$0 $0 $0
ELISSA KATZ MEMBER AT LARGE 0.50
Director
$0 $0 $0
ELIZABETH STRAUS GREENSPAN MEMBER AT LARGE 0.50
Director
$0 $0 $0
EVAN GREEN MEMBER AT LARGE 0.50
Director
$0 $0 $0
EVAN JEROME MEMBER AT LARGE 0.50
Director
$0 $0 $0
EVELYN BLACHOR PAST PRESIDENT 0.50
Director
$0 $0 $0
FRANCINE STEIN PAST PRESIDENT 0.50
Director
$0 $0 $0
INA TROPPER VICE CHAIR, BOARD OF GOVERNORS 0.50
Director
$0 $0 $0
JAN SCHECHTER PAST PRESIDENT 0.50
Director
$0 $0 $0
JENNIFER BERNSTEIN PLATT MEMBER AT LARGE 0.50
Director
$0 $0 $0
JOYCE STRAUS VICE PRESIDENT, FINANCIAL RESOURCE DEVELOPMENT 0.50
Director
$0 $0 $0
JUDY MILSTEIN REGIONAL VICE PRESIDENT, MIDWEST 0.50
Director
$0 $0 $0
KAREN COLE MEMBER AT LARGE 0.50
Director
$0 $0 $0
LAURA EISENBERG REGIONAL VICE PRESIDENT-NEW ENGLAND 0.50
Director
$0 $0 $0
LESLIE SCHAPIRA MEMBER AT LARGE 0.50
Director
$0 $0 $0
LORI GERSON ASSOCIATE TREASURER (ISRAEL) 0.50
Director
$0 $0 $0
MALKY JACOBS MEMBER AT LARGE 0.50
Director
$0 $0 $0
MARISSA BRAUNSTEIN CHAIR, YOUNG LEADERSHIP 0.50
Director
$0 $0 $0
MEYER KOPLOW MEMBER AT LARGE 0.50
Director
$0 $0 $0
MICHELLE CHREIN CHAIR, BOARD OF GOVERNORS 0.50
Director
$0 $0 $0
MINDY KOLATCH MEMBER AT LARGE 0.50
Director
$0 $0 $0
NORMA HOLZER PAST PRESIDENT 0.50
Director
$0 $0 $0
ROBERT ZELDIN CHAIR, AUDIT COMMITTEE 0.50
Director
$0 $0 $0
ROBYN PRICE STONEHILL VICE PRESIDENT, HUMAN RESOURCES 0.50
Director
$0 $0 $0
RONA KELLMAN MEMBER AT LARGE 0.50
Director
$0 $0 $0
SARA SADINOFF MEMBER AT LARGE 0.50
Director
$0 $0 $0
SHARON MERKIN VICE PRESIDENT, STRATEGIC PLANNING 0.50
Director
$0 $0 $0
SONDRA SOKAL PAST PRESIDENT 0.50
Director
$0 $0 $0
SUZANNE DOFT MEMBER AT LARGE 0.50
Director
$0 $0 $0
TAMAR BENOVITZ CHAIR, ISRAEL AMUTAH 0.50
Director
$0 $0 $0
TRUDY ABRAMSON REGIONAL VICE PRESIDENT-SOUTHEAST 0.50
Director
$0 $0 $0
ZIPPORAH MARANS MEMBER AT LARGE 0.50
Director
$0 $0 $0
KAREN BILLET SENIOR CONTROLLER 40.00
Officer
$151,486 $23,856 $175,342
ANDREW GOLDSMITH EXECUTIVE VICE PRESIDENT 40.00
Officer
$423,720 $56,034 $479,754
GENENE KAYE CHIEF DEVELPMENT OFFICER 40.00
Key Emp
$239,213 $14,391 $253,604
SHARI WEISENBERG CHIEF MARKETING OFFICER 40.00
Highest
$238,141 $23,341 $261,482
ROBERTA B FRIED CHIEF OF STAFF 40.00
Highest
$140,083 $9,326 $149,409
YARON RAAB SOUTHEAST REGIONAL DIRECTOR 40.00
Highest
$135,289 $18,103 $153,392
ROBIN ROTHBORT NATIONAL DIRECTOR OF DEVELOPMENT 40.00
Highest
$104,920 $18,103 $123,023
ROBBIE L PEARLSTEIN REGIONAL DIRECTOR MID ATLANTIC AND NEW ENGLAND 40.00
Highest
$101,511 $4,800 $106,311
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 $21,110,673 $9,701,525 $30,760,934 $11,409,148
2022 $8,428,366 $8,286,044 $21,347,464 $142,322
2021 $9,699,451 $10,720,517 $14,766,891 $-1,021,066
2020 $14,130,466 $9,635,820 $16,085,666 $4,494,646
2019 $8,522,633 $10,032,362 $12,164,030 $-1,509,729
2018 $9,479,456 $9,872,459 $14,344,761 $-393,003
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