FRIENDS OF HEBREW LANGUAGE ACADEMY CHARTER SCHOOLS INC (EIN 270400583) - 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

2009

Legal Domicile

Principal Officer

LISA LURIE

Phone

6468969478

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF HEBREW LANGUAGE ACADEMY CHARTER SCHOOLS INC, founded in 2009, is a community nonprofit in the Education sector that reported $4.4M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.5M, a strong 57% operating margin.

Mission

FRIENDS OF HEBREW LANGUAGE ACADEMY CHARTER SCHOOLS, INC., ("FOHLA") WAS FOUNDED TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT TO, AND FURTHER THE EDUCATIONAL AND CHARITABLE PURPOSES OF, HEBREW LANGUAGE CHARTER SCHOOLS IN NEW YORK STATE.

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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 $0

Program Service Revenue $1,665,777

Investment Income $0

Other Revenue $2,738,373

TOTAL REVENUE $4,404,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,905,364

Other Expenses $1,905,364

TOTAL EXPENSES $1,905,364

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,404,150	$3,959,890	+0.1%
Expenses	$1,905,364	$4,009,828	-0.5%
Net Income	$2,498,786	$-49,938	-51.0%

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

$253,861

Total Directors

$710,230

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN ROSENBERG	DIRECTOR	1.00	Director	$0	$46,369	$456,369
ELYSE CASTELLANO	CHIEF FINANCIAL AND OPERAT	1.00	Officer Director	$0	$6,861	$253,861

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
2025	$4,404,150	$1,905,364	$16,180,881	$2,498,786
2024	No data	No data	No data	No data
2023	$5,433,672	$12,407,699	$73,233,545	$-6,974,027
2022	$5,881,304	$6,065,905	$25,779,722	$-184,601
2021	$6,212,536	$6,108,684	$25,408,805	$103,852
2020	$6,546,959	$6,023,075	$23,667,814	$523,884
2019	$6,103,838	$5,347,295	$21,464,183	$756,543
2018	$3,876,820	$3,439,616	$16,982,495	$437,204

FRIENDS OF HEBREW LANGUAGE ACADEMY CHARTER SCHOOLS INC