ISRAELI CHAMBER PROJECT INC (EIN 271419368) - 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

ASSAFF WEISMAN

Phone

9178530434

Tax Period

2023-10-01 to 2024-09-30

ISRAELI CHAMBER PROJECT INC, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $333K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $373K exceeded revenue, resulting in a 12% operating deficit.

Mission

BASED BOTH IN ISRAEL AND IN NEW YORK, THE ENSEMBLE WAS CREATED AS A MEANS FOR ITS MEMBERS TO GIVE SOMETHING BACK TO THE COMMUNITY WHERE THEY BEGAN THEIR MUSICAL EDUCATION AND TO SHOWCASE ISRAELI CULTURE, THROUGH ITS MUSIC AND MUSICIANS TO CONCERT GOERS OVERSEAS.

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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 $226,064

Program Service Revenue $93,679

Investment Income $12,917

Other Revenue $0

TOTAL REVENUE $332,660

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,453

Fundraising Expenses $0

Program Expenses $214,810

Other Expenses $202,049

TOTAL EXPENSES $372,502

Year-over-Year Comparison

	2023	2022	Change
Revenue	$332,660	$284,773	+0.2%
Expenses	$372,502	$241,543	+0.5%
Net Income	$-39,842	$43,230	-1.9%

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

Volunteers

N/A

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

$157,825

Total Directors

$157,825

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASSAFF WEISMAN	VICE PRESIDENT	20.00	Officer Director	$80,025	$0	$80,025
TIBI CZIGER	VICE PRESIDENT	20.00	Officer Director	$77,800	$0	$77,800
RICHARD BERNSTEIN	PRESIDENT	10.00	Officer Director	$0	$0	$0
MATTAN MERIDOR	TRUSTEE	10.00	Officer Director	$0	$0	$0
YIRAN WANG	TRUSTEE	10.00	Director	$0	$0	$0
KENNETH MARGOLIS	TRUSTEE	10.00	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
2024	$332,660	$372,502	$226,186	$-39,842
2023	$284,773	$241,543	$243,858	$43,230
2022	$211,951	$189,257	$208,573	$22,694
2018	$281,047	$264,106	$123,052	$16,941

ISRAELI CHAMBER PROJECT INC