THE FOUNDATION FOR THE JEWISH FEDERATION OF READING (EIN 232198785) - 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

1981

Legal Domicile

Principal Officer

MICHAEL FROMM

Phone

6109210624

Tax Period

2024-01-01 to 2024-12-31

THE FOUNDATION FOR THE JEWISH FEDERATION OF READING, founded in 1981, is a small nonprofit that reported $292K in total revenue in fiscal year 2024. Expenses of $766K exceeded revenue, resulting in a 162% operating deficit.

Mission

TO PROVIDE FINANCIAL SUPPORT TO THE JEWISH FEDERATION OF READING AND TO SUPPORT THE RELIGIOUS, EDUCATIONAL, AND CHARITABLE PURPOSES AND ACTIVITIES OF THE FEDERATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $9,036

Program Service Revenue $0

Investment Income $283,059

Other Revenue $0

TOTAL REVENUE $292,095

Expense Breakdown

Grants Paid $191,282

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $646,610

Other Expenses $575,064

TOTAL EXPENSES $766,346

Year-over-Year Comparison

	2024	2023	Change
Revenue	$292,095	$-82,005	-4.6%
Expenses	$766,346	$996,762	-0.2%
Net Income	$-474,251	$-1,078,767	-0.6%

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

N/A

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

$142,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL FROMM	CHAIR	1.00	Officer Director	$0	$0	$0
VIC HAMMEL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ANDY WERNICK	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT CASTER	SECRETARY	1.00	Officer Director	$0	$0	$0
GORDON PERLMUTTER	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN CHARTOCK	CEO	1.00	Officer	$0	$0	$142,500

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	$292,095	$766,346	$11,393,392	$-474,251
2023	$-82,005	$996,762	$10,861,184	$-1,078,767

THE FOUNDATION FOR THE JEWISH FEDERATION OF READING