Forest City Heberew Benevolent Associiation (EIN 346542984) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1906

Legal Domicile

Principal Officer

Philip M Piccus

Phone

4406831964

Tax Period

2025-01-01 to 2025-12-31

Forest City Heberew Benevolent Associiation, founded in 1906, is a micro nonprofit that reported $79K in total revenue in fiscal year 2025. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $68K left a modest 14% surplus.

Mission

To aid members in need, to provide such other benefits as may hereafter be granted to provide memebers with a burial plot at death.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $32,381

Investment Income $46,217

Other Revenue $0

TOTAL REVENUE $78,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $63,872

Other Expenses $45,114

TOTAL EXPENSES $67,864

Year-over-Year Comparison

	2025	2024	Change
Revenue	$78,598	$64,079	+0.2%
Expenses	$67,864	$64,163	+0.1%
Net Income	$10,734	$-84	-128.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Phil Piccus	Treasurer	002.00	Officer	$0	$0	$0
Ronald Cooper	President	002.00	Officer	$0	$0	$0
Barry Garvan	Recording Secretary	002.00	Officer	$0	$0	$0
Renee Blau	Vice President	002.00	Officer	$0	$0	$0
David Isaacs	Financial Secretary	002.00	Officer	$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
2025	$78,598	$67,864	$1,130,215	$10,734
2024	$64,079	$64,163	$1,123,731	$-84
2023	No data	$89,102	$1,123,815	No data
2022	$3,527	$40,171	$1,224,443	$-36,644
2021	$75,709	$77,125	$1,263,793	$-1,416
2020	$36,831	$59,868	$1,271,743	$-23,037
2019	$90,448	$75,400	$1,276,709	$15,048
2018	$79,583	$57,133	$1,261,661	$22,450

Forest City Heberew Benevolent Associiation