KEREN GEMILAS CHASODIM FOUNDATION CO READ PROPERTY GROUP (EIN 471833304) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Principal Officer

ROBERT WOLF

Phone

7189727878

Tax Period

2023-09-01 to 2024-08-31

KEREN GEMILAS CHASODIM FOUNDATION CO READ PROPERTY GROUP, founded in 2014, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.1M in total revenue in fiscal year 2023. Revenue surged 97% from the prior year, signaling strong growth momentum. Expenses of $3.5M exceeded revenue, resulting in a 11% operating deficit.

Mission

To provide grants to organizations providing support and administrative services for educational institutions located in Israel.To provide support for children and other underprivileged youth in United States and Israel schoolsTO ASSIST MEDICAL PROFESSIONALS TO RELOCATE AND PROVIDE THEIR SERVICES TO A NEW JERSEY 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,124,702

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,124,702

Expense Breakdown

Grants Paid $3,275,477

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,344,193

Other Expenses $205,119

TOTAL EXPENSES $3,480,596

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,124,702	$1,583,858	+1.0%
Expenses	$3,480,596	$1,874,980	+0.9%
Net Income	$-355,894	$-291,122	+0.2%

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

N/A

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
ROBERT WOLF	Trustee	0.00	Director	$0	$0	$0
MAURICE WOLF	Trustee	0.00	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	$3,124,702	$3,480,596	$366,698	$-355,894
2023	$1,583,858	$1,874,980	$77,075	$-291,122
2022	$2,698,736	$3,159,482	$197,243	$-460,746
2021	$2,064,451	$2,098,201	$652,989	$-33,750
2020	$210,859	$544,879	$687,052	$-334,020
2019	$806,862	$950,226	$1,271,072	$-143,364
2018	$2,531,076	$2,489,635	$1,164,579	$41,441

KEREN GEMILAS CHASODIM FOUNDATION CO READ PROPERTY GROUP