JEWISH HOME SERVICES INC

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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

NANCY HEINRICH

Phone

2489674240

Tax Period

2024-06-01 to 2025-05-31

JEWISH HOME SERVICES INC, founded in 1986, is a community nonprofit in the Human Services sector that reported $9.9M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

JEWISH SENIOR LIFE OF METROPOLITAN DETROIT IS DEDICATED TO ENHANCING THE QUALITY OF LIFE FOR OLDER ADULTS OF THE METROPOLITAN DETROIT JEWISH COMMUNITY THROUGH THE PROVISION OF PERSONALIZED HIGH QUALITY PROGRAMS AND SERVICES THAT SUPPORT THE AGING WITH DIGNITY AND CHOICE, TO MAXIMIZE INDEPENDENCE AND EMBRACE JEWISH VALUES.

Program Service Accomplishments

Program 1

Expenses: $7,657,636 Revenue: $8,229,072

SERVICES TO SUPPORT OLDER ADULTS IN THE METROPOLITAN DETROIT AREA, INCLUDING A DAY PROGRAM FOR MEMORY IMPAIRED CLIENTS AND IN-HOME SUPPORT SERVICES.

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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 $1,653,083

Program Service Revenue $8,229,072

Investment Income $2,209

Other Revenue $0

TOTAL REVENUE $9,884,364

Expense Breakdown

Grants Paid $49,560

Salaries & Benefits $5,494,273

Fundraising Expenses $0

Program Expenses $7,657,636

Other Expenses $5,067,589

TOTAL EXPENSES $10,611,422

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,884,364	$10,697,414	-0.1%
Expenses	$10,611,422	$10,142,653	+0.0%
Net Income	$-727,058	$554,761	-2.3%

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

239

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

$1,227,481

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON FISHER	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARK KOWALSKY	GOVERNANCE CHAIR	1.00	Officer Director	$0	$0	$0
BRIAN RAZNICK	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ALAN STERNFELD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT MARCUS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFFREY FLEISCHMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
CAROLYN COHEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL BANKS	TREASURER	1.00	Officer Director	$0	$0	$0
MARK BERKE	DIRECTOR	1.00	Director	$0	$0	$0
GAYLE BURSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
DAN CHERRIN	DIRECTOR	1.00	Director	$0	$0	$0
BRAD FELDMAN	DIRECTOR	1.00	Director	$0	$0	$0
BRAD FRANK	NEXTGEN LIAISON	1.00	Director	$0	$0	$0
KENNETH GOSS	DIRECTOR	1.00	Director	$0	$0	$0
ASA GOTLIEB	DIRECTOR	1.00	Director	$0	$0	$0
JUDY HERMAN	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA HOROWITZ	DIRECTOR	1.00	Director	$0	$0	$0
SONYA KAY	DIRECTOR	1.00	Director	$0	$0	$0
NANCY REED	DIRECTOR	1.00	Director	$0	$0	$0
DR ROB ROBINS	DIRECTOR	1.00	Director	$0	$0	$0
JACK ROTHENBERG	DIRECTOR	1.00	Director	$0	$0	$0
KAREN RUBENFIRE	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER SALESIN	DIRECTOR	1.00	Director	$0	$0	$0
LOWELL SALESIN	DIRECTOR	1.00	Director	$0	$0	$0
JASON TISDALE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL WOLF	DIRECTOR	1.00	Director	$0	$0	$0
JOANNE ARONOVITZ	DIRECTOR	1.00	Director	$0	$0	$0
NANCY S HEINRICH	CEO	3.80	Officer	$0	$14,714	$339,233
JENNIFER STANISZEWKI	DIRECTOR OF RESIDENT LIVING	3.80	Officer	$0	$8,872	$127,997
RONALD COLASANTI	DIRECTOR OF DINING SERVICES	3.80	Officer	$0	$494	$141,652
DIANNE AZZOPARDI	HR DIRECTOR	3.80	Officer	$0	$533	$150,746
BARBARA GILES	EXECUTIVE DIRECTOR OF AGING	3.80	Officer	$0	$16,727	$132,358
JO ROSEN	EXECUTIVE DIRECTOR OF DEVELOPMENT	3.80	Officer	$0	$13,946	$133,137
KARA POWERS	CFO - PART YEAR	3.80	Officer	$0	$14,409	$202,358
JULIE WIEWIORA	CFO	3.80	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	$9,884,364	$10,611,422	$9,302,913	$-727,058
2024	$10,697,414	$10,142,653	$8,822,514	$554,761
2023	$10,623,058	$9,919,018	$8,037,004	$704,040
2022	$29,290,016	$22,906,576	$6,697,696	$6,383,440
2021	$9,362,939	$9,275,081	$3,744,273	$87,858
2020	$10,303,776	$10,411,305	$3,390,587	$-107,529
2019	$9,868,138	$9,776,341	$4,032,929	$91,797
2018	$9,478,757	$8,772,124	$4,691,013	$706,633