AMERICAN FRIENDS OF LIBI INC

EIN: 320081620 501(c)(3) International Affairs

BRIGHTON, MA

Total Revenue
$13,642,686
Total Expenses
$13,393,936
Total Assets
$643,796
Net Assets
$643,796
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MA
Principal Officer
SHIMSHON ERENFELD
Phone
6177380500
Tax Period
2023-01-01 to 2023-12-31

AMERICAN FRIENDS OF LIBI INC, founded in 2003, is a mid-sized nonprofit in the International Affairs sector that reported $13.6M in total revenue in fiscal year 2023. Revenue surged 193% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION'S PRIMARY OBJECTIVE IS TO PROVIDE EDUCATIONAL, MEDICAL AND OTHER SOCIAL SERVICES TO NEW IMMIGRANTS AND UNDERPRIVILEGED PERSONS (AND THEIR FAMILIES) AS THEY FULFILL THEIR COMMITMENT TO THE ISRAELI DEFENSE FORCES ("IDF"). EACH YEAR, SEVERAL HUNDREDS OF PERSONS MAKE ALIYAH (EMIGRATE) TO ISRAEL TO ESCAPE PERSECUTION, OPPRESSION OR POVERTY OR TO SEEK RELIGIOUS FREEDOM. MANY DO NOT SPEAK HEBREW OR ENGLISH (ISRAEL'S MAJOR LANGUAGES) AND MANY HAVE NEVER BEEN EXPOSED TO, AND THEREFORE DO NOT UNDERSTAND, THE BASIC OPERATING TENETS OF WESTERN SOCIETY OR DEMOCRACY. THIS MAKES PARTICIPATION IN AND ASSIMILATION INTO SOCIETY DIFFICULT. BECAUSE SERVICE IN THE IDF IS LARGELY MANDATORY FOR ALL ISRAELIS, THE ORGANIZATION BELIEVES THAT THIS PERIOD OF SERVICE CREATES A UNIQUE OPPORTUNITY TO OFFER EMIGRANTS AND THEIR FAMILIES APPROPRIATE EDUCATION AND SOCIAL SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $13,642,686
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $13,642,686

Expense Breakdown

Grants Paid $13,306,756
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $13,306,756
Other Expenses $87,180
TOTAL EXPENSES $13,393,936

Year-over-Year Comparison

2023 2022 Change
Revenue $13,642,686 $4,652,213 +1.9%
Expenses $13,393,936 $4,973,560 +1.7%
Net Income $248,750 $-321,347 -1.8%
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

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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
8
Independent Members
8
Employees
N/A
Volunteers
8

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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR JOHN GROSSMAN CHAIRMAN 1.00
Director
$0 $0 $0
SHIMSHON ERENFELD VICE CHAIRMAN, TREASURER 10.00
Officer Director
$0 $0 $0
HOWARD FURMANSKY DIRECTOR 0.50
Director
$0 $0 $0
DAVID GOLDEN DIRECTOR 0.50
Director
$0 $0 $0
RABBI MENDY FELLIG DIRECTOR 0.50
Director
$0 $0 $0
KAREN HURVITZ DIRECTOR 0.50
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 No data No data No data No data
2023 $13,642,686 $13,393,936 $643,796 $248,750
2022 $4,652,213 $4,973,560 $380,617 $-321,347
2021 $4,468,964 $4,286,223 $727,752 $182,741
2019 $4,225,736 $4,194,191 $203,982 $31,545
2018 $3,015,863 $3,119,211 $172,437 $-103,348
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