ZAMIR CHORALE OF BOSTON INC

EIN: 237128144 501(c)(3) Arts, Culture & Humanities

NEWTON, MA

Total Revenue
$201,518
Total Expenses
$197,859
Total Assets
$183,859
Net Assets
$183,859
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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
1971
Legal Domicile
MA
Principal Officer
GILBERT SCHIFFER
Phone
6179696630
Tax Period
2021-07-01 to 2022-06-30

ZAMIR CHORALE OF BOSTON INC, founded in 1971, is a small nonprofit in the Arts, Culture & Humanities sector that reported $202K in total revenue in fiscal year 2021. Revenue surged 37% from the prior year, signaling strong growth momentum.

Mission

PERFORMANCES AND LECTURES REGARDING ISRAELI AND HEBREW CHORAL MUSIC

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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 (2021)

Revenue Breakdown

Contributions & Grants $129,049
Program Service Revenue $70,815
Investment Income $1,120
Other Revenue $534
TOTAL REVENUE $201,518

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,014
Fundraising Expenses $19,926
Program Expenses $132,189
Other Expenses $132,845
TOTAL EXPENSES $197,859

Year-over-Year Comparison

2021 2020 Change
Revenue $201,518 $146,707 +0.4%
Expenses $197,859 $141,757 +0.4%
Net Income $3,659 $4,950 -0.3%
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

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Governance

Voting Members
12
Independent Members
12
Employees
1
Volunteers
60

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GILBERT SCHIFFER PRESIDENT 4.00
Director
$0 $0 $0
MICHAEL VICTOR Treasurer 3.00
Director
$0 $0 $0
PETER FINN Clerk 1.00
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
2022 $201,518 $197,859 $183,859 $3,659
2020 $203,158 $223,883 $171,215 $-20,725
2019 $374,516 $350,525 $180,512 $23,991
2018 $238,061 $265,808 $156,521 $-27,747
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