Binyamin Fund Inc DBA The Heart of Israel (EIN 474044922) - 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

2015

Legal Domicile

Principal Officer

Aaron Katsof

Phone

7184072493

Tax Period

2023-01-01 to 2023-12-31

Binyamin Fund Inc DBA The Heart of Israel, founded in 2015, is a community nonprofit in the International Affairs sector that reported $3.0M in total revenue in fiscal year 2023. Revenue surged 249% from the prior year, signaling strong growth momentum.

Mission

The Binyamin Fund, Inc. - DBA Heart of Israel provides assistance through the regional council of Binyamin which is responsible for the welfare of the residents living in the Binyam region.

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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 $2,967,151

Program Service Revenue $0

Investment Income $3

Other Revenue $0

TOTAL REVENUE $2,967,154

Expense Breakdown

Grants Paid $2,684,700

Salaries & Benefits $0

Fundraising Expenses $66,050

Program Expenses $2,761,754

Other Expenses $165,269

TOTAL EXPENSES $2,895,154

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,967,154	$848,986	+2.5%
Expenses	$2,895,154	$835,420	+2.5%
Net Income	$72,000	$13,566	+4.3%

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
Aaron Katsof	CEO	2.00	Officer Director	$0	$0	$0
Yisrael Ganz	Director	2.00	Director	$0	$0	$0
Hindy Cohen	Director	0.00	Director	$0	$0	$0
Marcos Lapciuc	Director	2.00	Director	$0	$0	$0
Steven David	Director	2.00	Director	$0	$0	$0
Mike Wiener	Director	2.00	Director	$0	$0	$0
Lee Lasher	Director	2.00	Director	$0	$0	$0
Rachel Eyal	COO	2.00	Officer	$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
2023	$2,967,154	$2,895,154	$214,232	$72,000
2022	$848,986	$835,420	$145,877	$13,566
2021	$576,399	$673,131	$125,820	$-96,732
2020	$413,993	$352,851	$224,472	$61,142
2018	$261,459	$432,014	$156,903	$-170,555

Binyamin Fund Inc DBA The Heart of Israel