AMERICAN FRIENDS OF ARAM SOBA

EIN: 201869361 501(c)(3) Religion

BROOKLYN, NY

Total Revenue
$1,220,714
Total Expenses
$1,252,985
Total Assets
$77,122
Net Assets
$53,399
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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
2006
Legal Domicile
NY
Principal Officer
MAX SUTTON
Phone
2125645913
Tax Period
2023-09-01 to 2024-08-31

AMERICAN FRIENDS OF ARAM SOBA, founded in 2006, is a community nonprofit in the Religion sector that reported $1.2M in total revenue in fiscal year 2023.

Mission

TO SUPPORT RELIGIOUS EDUCATION PROGRAMSIN THESE PROGRAMS ADULTS DEDICATE MOST OF THEIR DAY TO STUDYTHESE INDIVIDUALS MAY ALSO BE REQUIRED TO TEACH A VARIETY OF JEWISH SUBJECTS IN STUDY GROUPS.

Program Service Accomplishments

Program 1
Expenses: $925,958

TO SUPPORT RELIGIOUS EDUCATION PROGRAMS. IN THESE PROGRAMS ADULTS DEDICATE MOST OF THEIR DAY TO THE STUDY OF JUDAISM, JEWISH PHILOSOPHY, THEOLOGY AND TALMUDIC SCHOLARSHIP. THESE INDIVIDUALS MAY ALSO...

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TO SUPPORT RELIGIOUS EDUCATION PROGRAMS. IN THESE PROGRAMS ADULTS DEDICATE MOST OF THEIR DAY TO THE STUDY OF JUDAISM, JEWISH PHILOSOPHY, THEOLOGY AND TALMUDIC SCHOLARSHIP. THESE INDIVIDUALS MAY ALSO BE REQUIRED TO TEACH A VARIETY OF JEWISH SUBJECTS IN STUDY GROUPS.THERE ARE NO FORMAL CLASSROOMS. STUDENTS LEARN FROM ONE ANOTHER.

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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 $1,218,702
Program Service Revenue $0
Investment Income $3
Other Revenue $2,009
TOTAL REVENUE $1,220,714

Expense Breakdown

Grants Paid $863,040
Salaries & Benefits $237,128
Fundraising Expenses $71,882
Program Expenses $925,958
Other Expenses $152,817
TOTAL EXPENSES $1,252,985

Year-over-Year Comparison

2023 2022 Change
Revenue $1,220,714 $1,158,328 +0.1%
Expenses $1,252,985 $1,172,670 +0.1%
Net Income $-32,271 $-14,342 +1.3%
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

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Governance

Voting Members
3
Independent Members
3
Employees
3
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
3
$119,682
Total Directors
1
$119,682
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAX SUTTON CHAIRMAN 40.00
Officer Director
$119,682 $0 $119,682
YOSEF MEVORACH TREASURER 5.00
Officer
$0 $0 $0
MARK FAHAM SECRETARY 3.00
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 No data No data No data No data
2024 $1,220,714 $1,252,985 $77,122 $-32,271
2023 $1,158,328 $1,172,670 $101,138 $-14,342
2022 $1,014,651 $946,546 $115,614 $68,105
2021 $873,654 $902,058 $44,705 $-28,404
2020 $712,372 $765,893 $69,492 $-53,521
2019 $718,848 $712,165 $119,195 $6,683
2018 $597,404 $599,926 $107,151 $-2,522
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