THE SEMI J & RUTH W BEGUN FOUNDATION

EIN: 341594565 501(c)(3)

CLEVELAND, OH

Total Revenue
$1,547,449
Total Expenses
$4,629,538
Total Assets
$32,841,454
Net Assets
$30,626,551
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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
2000
Legal Domicile
OH
Principal Officer
MOZELLE JACKSON
Phone
2165932900
Tax Period
2023-01-01 to 2023-12-31

THE SEMI J & RUTH W BEGUN FOUNDATION, founded in 2000, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $4.6M exceeded revenue, resulting in a 199% operating deficit.

Mission

TO CARRY OUT THE CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES OF THE JEWISH FEDERATION OF CLEVELAND. IN PARTICULAR, TO FURTHER THE FEDERATION'S COMMUNITY RELATIONS OBJECTIVES BY SUPPORTING, SPONSORING, INITIATING AND MONITORING PROGRAMS AND ACTIVITIES DESIGNED TO REDUCE PHYSICAL AND VERBAL VIOLENCE IN SOCIETY. WITHOUT LIMITATION, SUCH PROGRAMS OR ACTIVITIES MAY INCLUDE THOSE DESIGNED TO EDUCATE THE VERY YOUNG, TRAIN TEACHERS ON THIS SUBJECT, EDUCATE PARENTS TO REINFORCE THESE EFFORTS AND OTHERWISE EDUCATE THE PUBLIC IN AN EFFORT TO DEVELOP AND FOSTER PRO-SOCIAL SKILLS AMONG PEOPLE AND PREVENT VIOLENCE BETWEEN PEOPLE.

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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 $0
Program Service Revenue $0
Investment Income $1,543,255
Other Revenue $4,194
TOTAL REVENUE $1,547,449

Expense Breakdown

Grants Paid $4,480,118
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,484,227
Other Expenses $149,420
TOTAL EXPENSES $4,629,538

Year-over-Year Comparison

2023 2022 Change
Revenue $1,547,449 $4,020,354 -0.6%
Expenses $4,629,538 $764,672 +5.1%
Net Income $-3,082,089 $3,255,682 -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

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Governance

Voting Members
7
Independent Members
6
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
9
$971,041
Total Directors
9
$584,231
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIKA RUDIN-LURIA TRUSTEE 0.10
Director
$0 $59,403 $584,231
MOZELLE JACKSON TREASURER AS OF 1/23/2023 0.20
Officer
$0 $59,064 $322,324
KARI BLUMENTHAL ASSISTANT TREASURER 0.20
Officer
$0 $26,726 $178,611
JENNIFER SCHWARZ SEC'Y AS OF ASST. SEC'Y THRU 11/8/2023 0.20
Officer
$0 $31,953 $142,574
BARRY REIS TREAS THRU ASST. TREAS. AS OF 1/23/2023 0.20
Officer
$0 $28,987 $141,951
HEDY P MILGROM SECRETARY THRU 11/8/2023 0.20
Officer
$0 $7,718 $105,405
TAL D ROTHSTEIN ASST. SECRETARY AS OF 11/8/2023 0.20
Officer
$0 $6,538 $80,176
DR ALLAN STEINHARDT TRUSTEE/PRESIDENT 0.30
Officer Director
$0 $0 $0
SALLY H WERTHEIM TRUSTEE & VICE PRES. THRU 1/23/2023 0.30
Officer Director
$0 $0 $0
SUEZETTE STEINHARDT TRUSTEE AS OF 5/15/2023/VICE PRES. 0.30
Officer Director
$0 $0 $0
DANIEL ZELMAN TRUSTEE 0.10
Director
$0 $0 $0
J DAVID HELLER TRUSTEE 0.10
Director
$0 $0 $0
KENNETH HOCHMAN TRUSTEE THRU 3/27/2023 0.10
Director
$0 $0 $0
RUTH SANDERSON TRUSTEE 0.10
Director
$0 $0 $0
SANDRA WULIGER TRUSTEE AS OF 5/15/2023 0.10
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 $1,547,449 $4,629,538 $32,841,454 $-3,082,089
2022 $4,020,354 $764,672 $30,243,300 $3,255,682
2021 $459,559 $2,491,296 $38,634,216 $-2,031,737
2020 $908,580 $1,032,111 $34,628,814 $-123,531
2019 $702,506 $2,605,077 $30,941,576 $-1,902,571
2018 $1,091,598 $2,036,158 $27,060,719 $-944,560
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