JEWISH HERITAGE FUND FOR EXCELLENCE INC (EIN 203805455) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

JEFF POLSON

Phone

5023653209

Tax Period

2023-01-01 to 2023-12-31

JEWISH HERITAGE FUND FOR EXCELLENCE INC, founded in 2005, is a mid-sized nonprofit in the Health Care sector that reported $12.2M in total revenue in fiscal year 2023. Expenses of $11.7M left a modest 4% surplus.

Mission

TO SUPPORT THE JEWISH HERITAGE MITZVAH FUND AND THE MEDICAL AND GENERAL COMMUNITY (SEE SCHEDULE O) OF KENTUCKY (EXCLUDING BOONE, KENTON AND CAMPBELL COUNTIES) AND FLOYD, CLARK, HARRISON AND SCOTT COUNTIES IN INDIANA THROUGH SCIENTIFIC AND MEDICAL EDUCATION/RESEARCH, SUPPORTING JEWISH COMMUNITIES, AND SUPPORTING PUBLIC HEALTH AND WELLNESS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $12,178,982

Other Revenue $0

TOTAL REVENUE $12,178,982

Expense Breakdown

Grants Paid $9,347,054

Salaries & Benefits $838,552

Fundraising Expenses $0

Program Expenses $9,943,338

Other Expenses $1,464,784

TOTAL EXPENSES $11,650,390

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,178,982	$11,580,328	+0.1%
Expenses	$11,650,390	$14,584,645	-0.2%
Net Income	$528,592	$-3,004,317	-1.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$313,236

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR KAREN ABRAMS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
WILLIAM ALTMAN	TRUSTEE	1.00	Director	$0	$0	$0
BETSY BENNETT	TRUSTEE	1.00	Director	$0	$0	$0
JON GOLDBERG	CHAIR	1.00	Officer Director	$0	$0	$0
ERIC GOODMAN	TRUSTEE	1.00	Director	$0	$0	$0
SANDY HAMMOND	TRUSTEE	1.00	Director	$0	$0	$0
DR NANCY MARTIN	TRUSTEE	1.00	Director	$0	$0	$0
DR URSULA MULLINS	TRUSTEE	1.00	Director	$0	$0	$0
DR JULIA RICHERSON	TRUSTEE	1.00	Director	$0	$0	$0
BRUCE ROTH	TREASURER	1.00	Officer Director	$0	$0	$0
LINDA SCHUSTER	TRUSTEE	1.00	Director	$0	$0	$0
MARK SWITOW	TRUSTEE	1.00	Director	$0	$0	$0
DR GERALD TEMES	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW TRAGER-KUSMAN	TRUSTEE	1.00	Director	$0	$0	$0
JENNIFER TUVLIN	SECRETARY	1.00	Officer Director	$0	$0	$0
MARC CHARNAS	TRUSTEE	1.00	Director	$0	$0	$0
AMY LAPINSKI	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD SCHULTZ	TRUSTEE	1.00	Director	$0	$0	$0
REED WEINBERG	TRUSTEE	1.00	Director	$0	$0	$0
GLENN E LEVINE	EX-OFFICIO (PREVIOUS)	1.00	Director	$0	$0	$0
ALLAN LATTS	TRUSTEE (PREVIOUS)	1.00	Director	$0	$0	$0
DR KEN MCLEISH	TRUSTEE (PREVIOUS)	1.00	Director	$0	$0	$0
ROBIN STRATTON	TRUSTEE (PREVIOUS)	1.00	Director	$0	$0	$0
JEFF POLSON	PRESIDENT AND CEO	40.00	Officer	$284,615	$28,621	$313,236
TIFFANY FABING	PROGRAM DIRECTOR	40.00	Highest	$112,074	$15,625	$127,699

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	$12,178,982	$11,650,390	$288,402,472	$528,592
2022	$11,580,328	$14,584,645	$261,077,404	$-3,004,317
2021	$24,452,384	$11,674,669	$316,702,876	$12,777,715
2020	$13,910,787	$23,246,676	$294,054,415	$-9,335,889
2019	$12,339,195	$18,612,164	$288,170,911	$-6,272,969

JEWISH HERITAGE FUND FOR EXCELLENCE INC