ROBERT AND SUSAN R HURWITZ FAMILY … - Form 990 Financial Data

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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

Principal Officer

KARI BLUMENTHAL

Phone

2165932900

Tax Period

2024-07-01 to 2025-06-30

ROBERT AND SUSAN R HURWITZ FAMILY FOUNDATION, founded in 2000, is a small nonprofit in the Religion sector that reported $116K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $163K exceeded revenue, resulting in a 41% operating deficit.

Mission

FURTHER THE CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES OF THE JEWISH FEDERATION OF CLEVELAND ("FEDERATION").

Program Service Accomplishments

Program 1

Expenses: $158,000

GRANTS TO 501(C)(3) ORGANIZATIONS MADE TO SUPPORT THE CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES OF THE JEWISH FEDERATION OF CLEVELAND ("FEDERATION").

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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 $0

Investment Income $116,045

Other Revenue $0

TOTAL REVENUE $116,045

Expense Breakdown

Grants Paid $158,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $158,000

Other Expenses $5,104

TOTAL EXPENSES $163,104

Year-over-Year Comparison

	2024	2023	Change
Revenue	$116,045	$80,535	+0.4%
Expenses	$163,104	$182,167	-0.1%
Net Income	$-47,059	$-101,632	-0.5%

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

$744,244

Total Directors

$128,119

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MS JENNIFER SCHWARZ	SECRETARY/TRUSTEE	0.30	Officer Director	$0	$6,429	$128,119
MS SUSAN HURWITZ	TRUSTEE/PRESIDENT	0.30	Officer Director	$0	$0	$0
MS HALLIE HURWITZ ABRAMS	TRUSTEE/VP	0.30	Officer Director	$0	$0	$0
MR ERIC L HURWITZ	TRUSTEE/VP	0.30	Officer Director	$0	$0	$0
MR ROBERT HURWITZ	TRUSTEE/VP	0.30	Officer Director	$0	$0	$0
LARRY A MACK	TRUSTEE	0.10	Director	$0	$0	$0
MR SCOTT D GARSON	TRUSTEE	0.10	Director	$0	$0	$0
MS ENID ROSENBERG	TRUSTEE	0.10	Director	$0	$0	$0
MR SCOTT M SIMON	TRUSTEE	0.10	Director	$0	$0	$0
MS MOZELLE JACKSON	TREASURER	0.20	Officer	$0	$52,296	$340,473
MS KARI BLUMENTHAL	ASST TREASURER	0.20	Officer	$0	$28,885	$183,816
MS ANN GARSON	ASST SECRETARY THRU 9/18/2024	0.20	Officer	$0	$14,421	$55,395
ABIGAIL STADLIN	ASST SECRETARY BEGINNING 9/18/2024	0.20	Officer	$0	$193	$36,441

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	$116,045	$163,104	$1,333,947	$-47,059
2024	$80,535	$182,167	$1,370,951	$-101,632
2023	$99,500	$174,817	$1,399,250	$-75,317
2022	$105,348	$295,608	$1,477,265	$-190,260
2021	$48,669	$266,464	$1,929,813	$-217,795
2020	$144,312	$175,990	$1,611,611	$-31,678
2019	$98,225	$175,843	$1,818,762	$-77,618
2018	$88,916	$154,697	$1,992,439	$-65,781

ROBERT AND SUSAN R HURWITZ FAMILY FOUNDATION