MENORAH PARK FOUNDATION (EIN 341778478) - 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

1994

Legal Domicile

Principal Officer

KEN MARBLESTONE

Phone

2168316500

Tax Period

2023-07-01 to 2024-06-30

MENORAH PARK FOUNDATION, founded in 1994, is a small nonprofit in the Health Care sector that reported $755K in total revenue in fiscal year 2023. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 88% operating deficit.

Mission

THROUGH DECEMBER 2023, THE MENORAH PARK FOUNDATION'S MISSION WAS TO INVEST AND MANAGE FOUNDATION ASSETS; SOLICIT DONATIONS AND DISTRIBUTE GRANTS TO PROJECTS FOR THE ELDERLY AS APPROVED BY THE BOARD OF TRUSTEES, FOR THE BENEFIT OF MENORAH PARK CENTER FOR SENIOR LIVING BET MOSHAV ZEKENIM HADATI (THE "CENTER"), A RELATED ORGANIZATION, AND THE RESIDENTS, TENANTS AND CLIENTS OF EVERY SERVICE ON THE MENORAH PARK CAMPUS.AFTER DECEMBER 2023 AND FORWARD, THE MENORAH PARK FOUNDATION'S FOCUS IS TO PROVIDE AID AND SUPPORT THE ELDERLY COMMUNITY WITHIN THE CLEVELAND AREA.

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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 $341,628

Program Service Revenue $0

Investment Income $412,918

Other Revenue $0

TOTAL REVENUE $754,546

Expense Breakdown

Grants Paid $738,530

Salaries & Benefits $235,455

Fundraising Expenses $546,541

Program Expenses $738,530

Other Expenses $445,501

TOTAL EXPENSES $1,419,486

Year-over-Year Comparison

	2023	2022	Change
Revenue	$754,546	$4,684,908	-0.8%
Expenses	$1,419,486	$2,861,222	-0.5%
Net Income	$-664,940	$1,823,686	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEN MARBLESTONE	PRESIDENT	1.00	Officer Director	$0	$0	$0
DON SCHERZER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KENNETH COHEN	TREASURER	1.00	Officer Director	$0	$0	$0
MARJORIE NEWMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
ELLEN CHERNIKOFF	TRUSTEE	1.00	Director	$0	$0	$0
JEFF DAVIS	TRUSTEE	1.00	Director	$0	$0	$0
MARTI DAVIS	TRUSTEE	1.00	Director	$0	$0	$0
REUVEN DESSLER	TRUSTEE	1.00	Director	$0	$0	$0
SHARON EPSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
ALLAN FELBER	TRUSTEE	1.00	Director	$0	$0	$0
BARRY FELDMAN	TRUSTEE	1.00	Director	$0	$0	$0
MITCHELL FRANKEL	TRUSTEE	1.00	Director	$0	$0	$0
EARL FRANKLIN	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT FUERST	TRUSTEE	1.00	Director	$0	$0	$0
IRA GOFFMAN	TRUSTEE	1.00	Director	$0	$0	$0
PHIL GOLDBERG	TRUSTEE	1.00	Director	$0	$0	$0
BRENT GROVER	TRUSTEE	1.00	Director	$0	$0	$0
BECKY HELLER	TRUSTEE	1.00	Director	$0	$0	$0
LISA IMMERMAN	TRUSTEE	1.00	Director	$0	$0	$0
ALAN JAFFA	TRUSTEE	1.00	Director	$0	$0	$0
TERRI KLINE	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT KWAIT	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM LIEBERMAN	TRUSTEE	1.00	Director	$0	$0	$0
LARRY MACK	TRUSTEE	1.00	Director	$0	$0	$0
PETER MEISEL	TRUSTEE	1.00	Director	$0	$0	$0
DAVID MILLET	TRUSTEE	1.00	Director	$0	$0	$0
DAVID NAGUSKY	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL PETERMAN	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT POLSTER	TRUSTEE	1.00	Director	$0	$0	$0
ANDY RANDALL	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD RIVITZ	TRUSTEE	1.00	Director	$0	$0	$0
BETH ROSENBERG	TRUSTEE	1.00	Director	$0	$0	$0
ELLIOTT SCHLANG	TRUSTEE	1.00	Director	$0	$0	$0
HARVEY SCHOLNICK	TRUSTEE	1.00	Director	$0	$0	$0
EILLEEN SILL	TRUSTEE	1.00	Director	$0	$0	$0
HARRY SINGER	TRUSTEE	1.00	Director	$0	$0	$0
TODD STEIN	TRUSTEE	1.00	Director	$0	$0	$0
MARGO VINNEY	TRUSTEE	1.00	Director	$0	$0	$0
STEVEN WEISENBERGER	TRUSTEE	1.00	Director	$0	$0	$0
JUDY WEISS	TRUSTEE	1.00	Director	$0	$0	$0
DANIELLE WILD	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN SOKOL	CHIEF DEVELOPMENT OFFICER THRU 12/31/22	0.00		$0	$2,729	$160,917

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	No data	No data	No data	No data
2024	$754,546	$1,419,486	$30,153,157	$-664,940
2023	$4,684,908	$2,861,222	$29,420,266	$1,823,686
2022	$2,070,566	$3,353,079	$26,816,838	$-1,282,513
2021	$3,216,906	$2,783,164	$31,276,966	$433,742
2020	$2,446,362	$3,387,120	$24,098,962	$-940,758
2019	$2,774,944	$2,781,985	$25,366,945	$-7,041
2018	$2,563,495	$2,398,066	$24,970,942	$165,429

MENORAH PARK FOUNDATION