CHERRY HILL, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RAYMOND & GERTRUDE R SALTZMAN FOUNDATION, founded in 1978, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $6.5M in total revenue in fiscal year 2024. Revenue surged 133% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 39% operating margin.
THE RAYMOND & GERTRUDE R. SALTZMAN FOUNDATION (THE "FOUNDATION") IS A SUPPORTING ORGANIZATION OF THE JEWISH FEDERATION OF SOUTHERN NEW JERSEY. IT IS ESTABLISHED TO HELP QUALIFYING RECIPIENTS THROUGH GRANTS IN ACCORDANCE WITH THE WISHES OF RUTH SALTZMAN, WHILE PRESERVING AND IDEALLY GROWING THE FOUNDATION'S ASSETS SO THAT FUTURE GENERATIONS CAN CONTINUE TO BENEFIT FROM MRS. SALTZMAN'S GENEROSITY, IN PERPETUITY. THE FOUNDATION ENCOURAGES MEMBERS OF THE COMMUNITY TO CREATE SIMILAR FOUNDATIONS IN SUPPORT OF THE FEDERATION'S MISSION.
THE FOUNDATION HAS BEEN ESTABLISHED FOR CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES AS A SUPPORTING ORGANIZATION TO THE JEWISH FEDERATION OF SOUTHERN NEW JERSEY
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $6,473,249 | $2,782,986 | +1.3% |
| Expenses | $3,974,772 | $4,629,318 | -0.1% |
| Net Income | $2,498,477 | $-1,846,332 | -2.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ARTHUR ABRAMOWITZ | PRESIDENT | 7.00 |
Officer
Director
|
$0 | $0 | $0 |
| HARVEY SHAPIRO | TREASURER | 7.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFF GOTTLIEB | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ANDI LEVIN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| BETTY ADLER | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLENN FUHRMAN | TRUSTEE | 7.00 |
Director
|
$0 | $0 | $0 |
| DAVID BUTLER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| RICHARD GOLDSTEIN | VICE PRESIDENT | 2.00 |
Officer
|
$0 | $0 | $0 |
| VICKI ZELL | SECRETARY AND EXEC. DIR. | 27.00 |
Officer
|
$155,000 | $4,428 | $159,428 |
| ROBERT SCHWARTZ | VICE PRESIDENT | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $6,473,249 | $3,974,772 | $113,709,545 | $2,498,477 |
| 2023 | $2,782,986 | $4,629,318 | $106,235,039 | $-1,846,332 |
| 2022 | $3,580,029 | $3,310,831 | $95,963,009 | $269,198 |
| 2021 | $5,961,715 | $3,026,630 | $110,514,769 | $2,935,085 |
| 2020 | $5,186,749 | $3,162,129 | $97,747,197 | $2,024,620 |
| 2019 | $3,261,069 | $3,329,702 | $91,920,849 | $-68,633 |
| 2018 | $2,999,158 | $2,925,971 | $80,213,396 | $73,187 |
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