TEMPLE KOL AMI EMANU-EL FOUNDATION… - Form 990 Financial Data

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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

2004

Legal Domicile

Principal Officer

DR STANLEY GOODMAN

Phone

9544721988

Tax Period

2024-06-01 to 2025-05-31

TEMPLE KOL AMI EMANU-EL FOUNDATION INC, founded in 2004, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $49K in total revenue in fiscal year 2024. Expenses of $140K exceeded revenue, resulting in a 187% operating deficit.

Mission

TO CREATE AN ENDOWMENT FUND FOR THE SOLE BENEFIT OF ITS 501(C)(3) BENEFICIARY ORGANIZATION - TEMPLE KOL AMI EMANU-EL INC.

Program Service Accomplishments

Program 1

THIS FOUNDATION WAS ESTABLISHED IN CONJUCTION WITH THE MERGER OF TEMPLE EMANU-EL OF GREATER FORT LAUDERDALE AND TEMPLE KOL AMI. TEMPLE EMANU-EL ESTABLISHED THE FOUNDATION BY DONATING ITS REAL...

THIS FOUNDATION WAS ESTABLISHED IN CONJUCTION WITH THE MERGER OF TEMPLE EMANU-EL OF GREATER FORT LAUDERDALE AND TEMPLE KOL AMI. TEMPLE EMANU-EL ESTABLISHED THE FOUNDATION BY DONATING ITS REAL PROPERTY AS ITS CORPUS, WITH THE PURPOSE OF SELLING THE PROPERTY AND THEN CREATE AN ENDOWMENT FUND. THE TWO TEMPLES MERGED AND THE SURVIVING CORPORATION (TEMPLE KOL AMI, INC.) CHANGED ITS NAME TO TEMPLE KOL AMI EMANU-EL, INC.ON 08/08/05 THE REAL PROPERTY WAS SOLD FOR $4,200,000, NETTING $3,511,446 AFTER PAYING OFF DEBTS AND EXPENSES OF SALE. AFTER THE SALE, IN ACCORDANCE WITH THE DOCUMENTS GOVERNING THE MERGER, $775,199 WAS DONATED TO THE BENEFICIARY ORGANIZATION (TEMPLE KOL AMI EMANU-EL). THE BALANCE OF $2,736,247 WAS INVESTED WITH A GOAL TO GENERATE ENOUGH INCOME TO FURTHER SUPPORT THE TEMPLE.ON OCTOBER 1, 2012, A LOAN WAS MADE TO TEMPLE KOL AMI EMANU-EL, IN THE AMOUNT OF $1,961,021.ON MARCH 11, 2021, THE LOAN WAS PAID OFF FULLY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $48,728

Other Revenue $0

TOTAL REVENUE $48,728

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $139,958

TOTAL EXPENSES $139,958

Year-over-Year Comparison

	2024	2023	Change
Revenue	$48,728	$46,565	+0.0%
Expenses	$139,958	$141,018	0.0%
Net Income	$-91,230	$-94,453	0.0%

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

N/A

Independent Members

N/A

Employees

N/A

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	Role	Reportable Comp	Other Comp	Total
LEE HAGER	DIRECTOR	Director	$0	$0	$0
SAUL KRAVEC	DIRECTOR	Officer Director	$0	$0	$0
ROBERT SCHNEIDER	DIRECTOR	Director	$0	$0	$0
GARY BURWICK	DIRECTOR	Director	$0	$0	$0
KAREN SHIEKMAN	PRESIDENT	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
2025	$48,728	$139,958	$2,222,432	$-91,230
2024	$46,565	$141,018	$2,313,662	$-94,453
2023	$44,874	$103,150	$2,408,114	$-58,276
2022	$54,480	$50,897	$2,466,390	$3,583
2021	$45,577	$41,369	$2,462,807	$4,208
2020	$85,827	$33,422	$2,458,600	$52,405

TEMPLE KOL AMI EMANU-EL FOUNDATION INC