HEBREW FREE LOAN ASSOCIATION OF AUSTIN INC

EIN: 452686852 501(c)(3) Philanthropy & Grantmaking

AUSTIN, TX

Total Revenue
$129,816
Total Expenses
$52,918
Total Assets
$603,741
Net Assets
$603,741
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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
2011
Legal Domicile
TX
Principal Officer
EDWARD HOCKFIELD
Phone
5126774352
Tax Period
2023-01-01 to 2023-12-31

HEBREW FREE LOAN ASSOCIATION OF AUSTIN INC, founded in 2011, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $130K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $77K, a strong 59% operating margin.

Mission

To provide interest free financial loans to those in need within the greater Austin community.

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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 $135,223
Program Service Revenue $0
Investment Income $3,603
Other Revenue $-9,010
TOTAL REVENUE $129,816

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,621
Fundraising Expenses $5,966
Program Expenses $31,489
Other Expenses $25,297
TOTAL EXPENSES $52,918

Year-over-Year Comparison

2023 2022 Change
Revenue $129,816 $98,138 +0.3%
Expenses $52,918 $46,500 +0.1%
Net Income $76,898 $51,638 +0.5%
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
19
Independent Members
19
Employees
1
Volunteers
25

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
4
$25,635
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deborah Cohen Operations Manager 10.00
Officer
$25,635 $0 $25,635
Aaron Sansom Treasurer 2.00
Officer Director
$0 $0 $0
Edward Hockfield Board Chair 2.00
Officer Director
$0 $0 $0
Neena Husid Secretary 0.00
Officer Director
$0 $0 $0
Arielle Levy Marschark Member 2.00
Director
$0 $0 $0
Barbara Cramer Loan Chair 2.00
Director
$0 $0 $0
Diana Resnik Marketing 3.00
Director
$0 $0 $0
Gary Solka Donor Development 2.00
Director
$0 $0 $0
Scott Miller Member 0.50
Director
$0 $0 $0
Tracy Solomon Governance 1.00
Director
$0 $0 $0
Adam Grossman Member 0.50
Director
$0 $0 $0
Anne Corn Member 1.00
Director
$0 $0 $0
Dana Baruch Member 0.50
Director
$0 $0 $0
Jerrod Kogut Member 1.00
Director
$0 $0 $0
Jill Balagur-Conn Member 1.00
Director
$0 $0 $0
Marvin Schrager Member 0.50
Director
$0 $0 $0
Pamela Finer Daily Member 1.00
Director
$0 $0 $0
Dana Epstein Member 1.00
Director
$0 $0 $0
Stuart Laves Member 0.50
Director
$0 $0 $0
Michelle Paris Member 0.50
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
2024 No data No data No data No data
2023 $129,816 $52,918 $603,741 $76,898
2022 $98,138 $46,500 $524,193 $51,638
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