AMERICAN FRIENDS OF LEKET ISRAEL INC

EIN: 208202424 501(c)(3) Philanthropy & Grantmaking

TEANECK, NJ

Total Revenue
$27,633,849
Total Expenses
$25,780,710
Total Assets
$7,947,293
Net Assets
$7,854,000
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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
DE
Principal Officer
SHACHAR MINKOVE
Phone
2013310070
Tax Period
2023-01-01 to 2023-12-31

AMERICAN FRIENDS OF LEKET ISRAEL INC, founded in 2006, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $27.6M in total revenue in fiscal year 2023. Revenue surged 91% from the prior year, signaling strong growth momentum. Expenses of $25.8M left a modest 7% surplus.

Mission

TO PROVIDE GRANTS & ASSISTANCE TO EXEMPT ORGANIZATIONS OUTSIDE OF THE U.S. TO FEED THE HUNGRY.

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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 $27,482,802
Program Service Revenue $0
Investment Income $151,047
Other Revenue $0
TOTAL REVENUE $27,633,849

Expense Breakdown

Grants Paid $24,817,067
Salaries & Benefits $688,444
Fundraising Expenses $686,091
Program Expenses $24,817,067
Other Expenses $275,199
TOTAL EXPENSES $25,780,710

Year-over-Year Comparison

2023 2022 Change
Revenue $27,633,849 $14,446,368 +0.9%
Expenses $25,780,710 $11,555,787 +1.2%
Net Income $1,853,139 $2,890,581 -0.4%
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
10
Independent Members
10
Employees
7
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
10
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH GITLER FOUNDER 1.00
Officer Director
$0 $0 $0
SHACHAR MINKOVE BOARD CHAIR 2.00
Officer Director
$0 $0 $0
ANTHONY ARNOLD DIRECTOR 1.00
Officer Director
$0 $0 $0
BRENNER GLICKMAN DIRECTOR 1.00
Officer Director
$0 $0 $0
MICHAEL RADER DIRECTOR 1.00
Officer Director
$0 $0 $0
MARK ETTINGER DIRECTOR 1.00
Officer Director
$0 $0 $0
MOR SOUED DIRECTOR 1.00
Officer Director
$0 $0 $0
JOSHUA SWIDLER DIRECTOR 1.00
Officer Director
$0 $0 $0
SIMONE GREENBAUM GROSS DIRECTOR 1.00
Officer Director
$0 $0 $0
WARREN COHN DIRECTOR 1.00
Officer Director
$0 $0 $0
LAUREN YOKED EXECUTIVE DIRECTOR 40.00
Highest
$217,136 $2,171 $219,307
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 $27,633,849 $25,780,710 $7,947,293 $1,853,139
2022 $14,446,368 $11,555,787 $5,760,435 $2,890,581
2022 $14,446,368 $11,555,787 $5,760,435 $2,890,581
2021 $12,922,662 $12,491,785 $3,165,709 $430,877
2020 $11,335,785 $11,370,264 $2,744,625 $-34,479
2019 $10,085,450 $9,054,516 $2,782,805 $1,030,934
2018 $5,987,832 $6,966,484 $1,745,986 $-978,652
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