DAVID AND NADINE FARBMAN FAMILY SUPPORT FOUNDATION

EIN: 382805117 501(c)(3)

BLOOMFIELD HILLS, MI

Total Revenue
$346,479
Total Expenses
$197,976
Total Assets
$365,025
Net Assets
$365,025
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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
2004
Legal Domicile
MI
Principal Officer
DOROTHY BENYAS
Phone
2486424260
Tax Period
2023-06-01 to 2024-05-31

DAVID AND NADINE FARBMAN FAMILY SUPPORT FOUNDATION, founded in 2004, is a small nonprofit that reported $346K in total revenue in fiscal year 2023. Revenue surged 2790% from the prior year, signaling strong growth momentum. The organization ran a surplus of $149K, a strong 43% operating margin.

Mission

TO SUPPORT THE JEWISH COMMUNITY AND THE COMMUNITY AS A WHOLE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $341,194
Program Service Revenue $0
Investment Income $5,285
Other Revenue $0
TOTAL REVENUE $346,479

Expense Breakdown

Grants Paid $175,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $175,000
Other Expenses $22,976
TOTAL EXPENSES $197,976

Year-over-Year Comparison

2023 2022 Change
Revenue $346,479 $11,987 +27.9%
Expenses $197,976 $20,932 +8.5%
Net Income $148,503 $-8,945 -17.6%
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

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Governance

Voting Members
5
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$793,254
Total Directors
6
$931,995
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID FARBMAN PRESIDENT 0.50
Officer Director
$0 $0 $0
STEVEN INGBER SECRETARY 0.50
Officer Director
$0 $14,823 $500,190
ANDREW FARBMAN DIRECTOR 0.50
Director
$0 $0 $0
JONATHAN LOWE DIRECTOR - PART YEAR 0.50
Director
$0 $25,016 $237,992
MARTIN B MADDIN DIRECTOR 0.50
Director
$0 $0 $0
KLEMENTINA SULA DIRECTOR 0.50
Director
$0 $1,822 $193,813
DOROTHY BENYAS TREASURER 0.50
Officer
$0 $26,189 $293,064
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
2024 $346,479 $197,976 $365,025 $148,503
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