AMERICAN FRIENDS OF HERZOG HOSPITAL INC (EIN 135655183) - 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

1941

Legal Domicile

Principal Officer

MATTHEW L KATZEFF

Phone

2126833702

Tax Period

2023-01-01 to 2023-12-31

AMERICAN FRIENDS OF HERZOG HOSPITAL INC, founded in 1941, is a community nonprofit in the Mental Health sector that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $681K, a strong 49% operating margin.

Mission

THE ORGANIZATION WAS FORMED TO PROVIDE FINANCIAL SUPPORT TO FUND SERVICES, CAPITAL PROJECTS, CLINICAL RESEARCH, AND PURCHASE OF NEW EQUIPMENT FOR HERZOG HOSPITAL IN JERUSALEM, WHICH IS THE 3RD LARGEST HOSPITAL IN JERUSALEM AND IS ISRAEL'S FOREMOST CENTER FOR GERIATRIC, MENTAL HEALTH, AND PSYCHOTRAUMA CARE, TREATMENT AND RESEARCH.

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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 $1,386,251

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,386,251

Expense Breakdown

Grants Paid $525,657

Salaries & Benefits $89,353

Fundraising Expenses $113,332

Program Expenses $525,844

Other Expenses $90,221

TOTAL EXPENSES $705,231

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,386,251	$1,472,967	-0.1%
Expenses	$705,231	$1,496,242	-0.5%
Net Income	$681,020	$-23,275	-30.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY BERKOWITZ	DIRECTOR	N/A	Officer Director	$0	$0	$0
LOUIS BRILLEMAN	SECRETARY	N/A	Officer Director	$0	$0	$0
YEHEZKEL CAINE	EX OFFICIO	N/A	Director	$0	$0	$0
ABBE L DIENSTAG	DIRECTOR	N/A	Director	$0	$0	$0
DR ELLIOTT GERSHON	DIRECTOR	N/A	Director	$0	$0	$0
ISHAIA GOL	DIRECTOR	N/A	Director	$0	$0	$0
DAVID GOLDMAN	DIRECTOR	N/A	Director	$0	$0	$0
DR SEYMOUR HUBERFELD	DIRECTOR	N/A	Director	$0	$0	$0
MANSOUR AARON KARIMZADEH	CHAIRMAN	N/A	Director	$0	$0	$0
MATTHEW L KATZEFF	TREASURER	N/A	Officer Director	$0	$0	$0
SHAMAI KEINAN	EX OFFICIO	N/A	Director	$0	$0	$0
DAVID A GROSS MD	DIRECTOR	N/A	Director	$0	$0	$0
MARCELO MESSER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JACOB METH	AUDIT COMMIT	N/A	Officer Director	$0	$0	$0
PAMELA HIGER- POLANI	DIRECTOR	N/A	Director	$0	$0	$0
MALKA RAHMANAN	DIRECTOR	N/A	Director	$0	$0	$0
ISAAC RESHAD	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
LENNY ROTH	DIRECTOR	N/A	Director	$0	$0	$0
JOHN RUSKAY	DIRECTOR	N/A	Director	$0	$0	$0
HARRIET SAMUELS	DIRECTOR	N/A	Director	$0	$0	$0
STEPHEN SHWARTZ	EX OFFICIO	N/A	Director	$0	$0	$0
STAN STEINREICH	DIRECTOR	N/A	Director	$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	$1,386,251	$705,231	$1,509,975	$681,020
2022	$1,472,967	$1,496,242	$1,097,716	$-23,275
2021	$1,226,116	$1,315,365	$302,031	$-89,249
2020	$244,883	$273,998	$1,387,089	$-29,115
2019	$5,490,214	$5,440,209	$3,403,228	$50,005
2018	$1,805,514	$1,892,650	$1,218,051	$-87,136

AMERICAN FRIENDS OF HERZOG HOSPITAL INC