AHARON SOFER MEMORIAL FUND (EIN 471890257) - 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

ZEV SOFER

Phone

7325692671

Tax Period

2023-01-01 to 2023-12-31

AHARON SOFER MEMORIAL FUND, founded in 2014, is a small nonprofit in the Religion sector that reported $342K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Net assets of $1.1M represent 38 months of operating reserves.

Mission

TO HAVE A HOSPITALITY HOME IN LAKEWOOD, NEW JERSEY. ADDITIONALLY, TO PROVIDE ASSISTANCE TO LOW INCOME FAMILIES.

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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 $342,237

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $342,237

Expense Breakdown

Grants Paid $212,927

Salaries & Benefits $29,254

Fundraising Expenses $22,563

Program Expenses $275,601

Other Expenses $90,861

TOTAL EXPENSES $333,042

Year-over-Year Comparison

	2023	2022	Change
Revenue	$342,237	$686,553	-0.5%
Expenses	$333,042	$398,539	-0.2%
Net Income	$9,195	$288,014	-1.0%

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

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
MEIR GELLEY	TRUSTEE	2.00	Director	$0	$0	$0
MECHEL GRUSS	TRUSTEE	2.00	Director	$0	$0	$0
ZEV M SOFER	TRUSTEE	2.00	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	No data	No data	No data	No data
2023	$342,237	$333,042	$2,647,587	$9,195
2022	$686,553	$398,539	$1,694,172	$288,014
2021	$582,230	$270,909	$958,528	$311,321
2020	$685,850	$232,794	$609,976	$453,056
2019	$124,185	$102,933	$144,780	$21,252
2018	$99,083	$117,581	$129,318	$-18,498

AHARON SOFER MEMORIAL FUND