Friends of Toras Chayim Educationa… - 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

1986

Legal Domicile

Principal Officer

Charles P Reisman

Phone

2488500025

Tax Period

2020-01-01 to 2020-12-31

Friends of Toras Chayim Educational Center of Ashkelon Inc, founded in 1986, is a micro nonprofit that reported $45K in total revenue in fiscal year 2020. Expenses of $70K exceeded revenue, resulting in a 55% operating deficit.

Mission

To promote religious observance and post-secondary and adult education in Ashdod and the surrounding area including community outreach and social, communal, and other charitable efforts.

Program Service Accomplishments

Program 1

Expenses: $67,140 Revenue: $0

Promoting religious life, education, and communal services in Ashdod, Israel and the surrounding area through its startegic partnership with the Toras Chaim Educational Center located there.

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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 (2020)

Revenue Breakdown

Contributions & Grants $39,481

Program Service Revenue $0

Investment Income $5,673

Other Revenue $0

TOTAL REVENUE $45,154

Expense Breakdown

Grants Paid $67,140

Salaries & Benefits $0

Fundraising Expenses $2,650

Program Expenses $67,140

Other Expenses $2,650

TOTAL EXPENSES $69,790

Year-over-Year Comparison

	2020	2019	Change
Revenue	$45,154	N/A	N/A
Expenses	$69,790	N/A	N/A
Net Income	$-24,636	N/A	N/A

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
Charles Reisman	President	2.00	Officer Director	$0	$0	$0
Abraham Reisman	Director	2.00	Officer Director	$0	$0	$0
Michael Baum	Director	0.25	Director	$0	$0	$0
Shmuel Irons	Director	0.25	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
2020	$45,154	$69,790	$367,059	$-24,636
2018	$46,511	$111,893	$439,782	$-65,382

Friends of Toras Chayim Educational Center of Ashkelon Inc