MIGDAL FOUNDATION INC (EIN 463212478) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

CHAIM TORN

Phone

7189755306

Tax Period

2023-01-01 to 2023-12-31

MIGDAL FOUNDATION INC, founded in 2013, is a small nonprofit in the Human Services sector that reported $510K in total revenue in fiscal year 2023. Revenue surged 3102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $254K, a strong 50% operating margin.

Mission

TO PROVIDE SERVICES AND BENEFITS FOR THE CARE, SUPPORT, COMFORT, AND OTHER ASSISTANCE TO PERSONS WITH DISABILITIES. IN 2023 THE ORGANIZATION OPENED A STATE-OF-THE-ART FACILITY LOCATED IN THE CENTER OF BOROUGH PARK, BROOKLYN, NEW YORK. THE ORGANIZATION PROVIDES PERSONALIZED CARE AND SUPPORT FOR PARKINSON'S DISEASE PATIENTS, WITH A TEAM OF HIGHLY SKILLED PROFESSIONALS, CUTTING-EDGE TECHNOLOGY, AND A COMPREHENSIVE RANGE OF SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $502,202

Program Service Revenue $0

Investment Income $7,907

Other Revenue $0

TOTAL REVENUE $510,109

Expense Breakdown

Grants Paid $115,450

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $255,850

Other Expenses $140,900

TOTAL EXPENSES $256,350

Year-over-Year Comparison

	2023	2022	Change
Revenue	$510,109	$15,931	+31.0%
Expenses	$256,350	$76,575	+2.3%
Net Income	$253,759	$-60,644	-5.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
CHAIM TORN	PRESIDENT	0.30	Officer Director	$0	$0	$0
JOEL MENDLOVIC	TREASURER	0.30	Officer Director	$0	$0	$0
NAFTALI REINER	DIRECTOR	0.30	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	$510,109	$256,350	$2,183,980	$253,759
2022	$15,931	$76,575	$1,792,608	$-60,644
2021	$986,867	$24,075	$1,853,252	$962,792
2020	$806,000	$55,575	$890,460	$750,425
2019	$398,460	$310,548	$140,035	$87,912
2018	$573,300	$632,597	$52,123	$-59,297

MIGDAL FOUNDATION INC