FRIENDS OF CENTRAL JEWISH WELFARE … - 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

2003

Legal Domicile

Principal Officer

HAROLD SCHERTZ

Phone

6463660500

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF CENTRAL JEWISH WELFARE ORGANIZATION OF ANTWERP INC, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $494K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum.

Mission

TO MAKE GRANTS TO CENTRAL JEWISH WELFARE ORGANIZATION TO RENDER ASSISTANCE TO THE ELDERLY, INDIGENT AND HOLOCAUST SURVIVORS IN EUROPE

Program Service Accomplishments

Program 1

Expenses: $503,400

TO MAKE GRANTS TO CENTRAL JEWISH WELFARE ORGANIZATION TO RENDER ASSISTANCE TO THE ELDERLY, INDIGENT AND HOLOCAUST SURVIVORS IN EUROPE

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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 $494,487

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $494,487

Expense Breakdown

Grants Paid $503,400

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $503,400

Other Expenses $3,669

TOTAL EXPENSES $507,069

Year-over-Year Comparison

	2024	2023	Change
Revenue	$494,487	$322,455	+0.5%
Expenses	$507,069	$374,457	+0.4%
Net Income	$-12,582	$-52,002	-0.8%

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

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

N/A

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	Role	Reportable Comp	Other Comp	Total
ARYEH VICTOR	DIRECTOR	Officer	$0	$0	$0
HAROLD SCHERTZ	DIRECTOR	Officer	$0	$0	$0
JOSEPH BRONNER	DIRECTOR	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	$494,487	$507,069	$12	$-12,582
2024	$322,455	$374,457	$12,594	$-52,002
2023	$194,990	$278,629	$64,596	$-83,639
2021	$435,475	$527,862	$60,575	$-92,387
2020	$684,260	$545,840	$152,962	$138,420
2019	$1,510,000	$1,515,859	$14,542	$-5,859

FRIENDS OF CENTRAL JEWISH WELFARE ORGANIZATION OF ANTWERP INC