SINAI SPECIAL NEEDS INSTITUTE INC (EIN 222942402) - Form 990 Financial Analysis & Trantor Score

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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

1983

Legal Domicile

Principal Officer

RABBI MARK KARASICK

Phone

2018331134

Tax Period

2023-09-01 to 2024-08-31

SINAI SPECIAL NEEDS INSTITUTE INC, founded in 1983, is a mid-sized nonprofit that reported $20.5M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $18.2M left a modest 11% surplus.

Mission

SPECIAL EDUCATION. SEE PAGE 2. SEE SCHEDULE O FOR INFORMATION IMPACTING PRIOR VS CURRENT YEAR.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,213,430

Program Service Revenue $17,798,386

Investment Income $471,493

Other Revenue $5,569

TOTAL REVENUE $20,488,878

Expense Breakdown

Grants Paid $3,840,120

Salaries & Benefits $12,375,905

Fundraising Expenses $379,715

Program Expenses $16,533,505

Other Expenses $1,948,551

TOTAL EXPENSES $18,164,576

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,488,878	$24,439,382	-0.2%
Expenses	$18,164,576	$20,854,104	-0.1%
Net Income	$2,324,302	$3,585,278	-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

Governance

Voting Members

Independent Members

Employees

277

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

$1,236,205

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RABBI MARK KARASICK	CHAIRMAN OF BOARD	10.00	Officer Director	$0	$0	$0
AVI VOGEL	PRESIDENT	10.00	Officer Director	$0	$0	$0
DANIEL FEDERBUSH	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
ESTHER LERER	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
LEAH BIEN	DIRECTOR THRU 06/2024	2.00	Director	$0	$0	$0
DOV BRANDSTATTER	DIRECTOR	2.00	Director	$0	$0	$0
FRED COHEN	DIRECTOR	5.00	Director	$0	$0	$0
RUVAN COHEN	DIRECTOR	2.00	Director	$0	$0	$0
ED GERSTLEY	DIRECTOR	5.00	Director	$0	$0	$0
ARTHUR GOLDBERG	DIRECTOR	5.00	Director	$0	$0	$0
CAROL GRUNDMAN	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM HOCHMAN	DIRECTOR	5.00	Director	$0	$0	$0
MICAH KAUFMAN	DIRECTOR	2.00	Director	$0	$0	$0
DR ELLIS MALOVANY	DIRECTOR	2.00	Director	$0	$0	$0
DARA ORBACH	DIRECTOR	2.00	Director	$0	$0	$0
GAIL RIEDER	DIRECTOR THRU 11/2023	5.00	Director	$0	$0	$0
DAVID SHAPIRO	DIRECTOR	5.00	Director	$0	$0	$0
TZVI SOLOMON	DIRECTOR	5.00	Director	$0	$0	$0
MOSHE WEINBERGER	DIRECTOR	5.00	Director	$0	$0	$0
SAMUEL FISHMAN	MANAGING DIRECTOR	39.00	Officer	$427,180	$12,815	$439,995
RABBI YISRAEL ROTHWACHS	DEAN	39.00	Officer	$151,717	$155,153	$306,870
ARIELLE SAPOSH	ASST MANAGING DIRECTOR	39.00	Officer	$222,182	$80,848	$303,030
DEBRA SIESSER	DIRECTOR OF FINANCE	39.00	Officer	$137,893	$48,417	$186,310
JUDI KARP	PROGRAM DIRECTOR	40.00	Highest	$160,886	$17,549	$178,435
ABIGAIL GROSS	COMMUNICATIONS DIRECTOR THRU 03/2024	40.00	Highest	$154,232	$34,715	$188,947
SOLANGE CAPTAN	TUITION DIRECTOR	40.00	Highest	$159,518	$57,100	$216,618
FRADA STONE	PROGRAM DIRECTOR	40.00	Highest	$150,570	$5,193	$155,763
GITTLE ROTHSCHILD	PROGRAM DIRECTOR	40.00	Highest	$144,451	$19,094	$163,545

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	$20,488,878	$18,164,576	$30,566,847	$2,324,302
2023	$24,439,382	$20,854,104	$25,246,917	$3,585,278
2022	$25,969,446	$23,318,559	$20,110,012	$2,650,887
2021	$24,895,599	$20,945,594	$17,249,133	$3,950,005
2020	$18,904,266	$17,156,889	$14,615,834	$1,747,377
2019	$21,832,851	$16,808,963	$11,133,247	$5,023,888
2018	$16,808,490	$16,213,061	$6,294,494	$595,429

SINAI SPECIAL NEEDS INSTITUTE INC