AMERICAN FRIENDS OF SHENKAR COLLEGE IN ISRAEL (EIN 237090228) - 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

1982

Legal Domicile

Principal Officer

Susan Pernick

Phone

2129471597

Tax Period

2023-01-01 to 2023-12-31

AMERICAN FRIENDS OF SHENKAR COLLEGE IN ISRAEL, founded in 1982, is a small nonprofit in the International Affairs sector that reported $296K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $520K exceeded revenue, resulting in a 76% operating deficit.

Mission

To further the mission and raise money for Shenkar College of Engineering, Design and Art.

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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 $295,867

Program Service Revenue $0

Investment Income $66

Other Revenue $0

TOTAL REVENUE $295,933

Expense Breakdown

Grants Paid $511,343

Salaries & Benefits $0

Fundraising Expenses $154

Program Expenses $512,571

Other Expenses $9,036

TOTAL EXPENSES $520,379

Year-over-Year Comparison

	2023	2022	Change
Revenue	$295,933	$244,092	+0.2%
Expenses	$520,379	$268,126	+0.9%
Net Income	$-224,446	$-24,034	+8.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Susan Pernick	President	7.00	Officer Director	$0	$0	$0
David Blumenthal	Secretary	1.00	Officer Director	$0	$0	$0
YONATAN EVEN TOV	Director	1.00	Director	$0	$0	$0
PROF SHEIZAF RAFAELI	President	1.00	Officer Director	$0	$0	$0
Kobi Halperin	Treasurer	1.00	Officer Director	$0	$0	$0

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
2023	$295,933	$520,379	$141,493	$-224,446
2022	$244,092	$268,126	$306,678	$-24,034
2020	$407,859	$484,992	$388,160	$-77,133
2019	$389,190	$461,642	$466,318	$-72,452
2018	$1,109,843	$1,119,555	$533,470	$-9,712

AMERICAN FRIENDS OF SHENKAR COLLEGE IN ISRAEL