MARTIN S HIMELES SR FOUNDATION INC

EIN: 521489357 501(c)(3)

BALTIMORE, MD

Total Revenue
$20,733
Total Expenses
$95,535
Total Assets
$817,474
Net Assets
$817,474
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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
1986
Legal Domicile
MD
Principal Officer
ANDREW CUSHNIR
Phone
4107274828
Tax Period
2023-07-01 to 2024-06-30

MARTIN S HIMELES SR FOUNDATION INC, founded in 1986, is a micro nonprofit that reported $21K in total revenue in fiscal year 2023. Revenue surged 112% from the prior year, signaling strong growth momentum. Expenses of $96K exceeded revenue, resulting in a 361% operating deficit.

Mission

THE FOUNDATION WAS CREATED TO CARRY OUT THE CHARITABLE, EDUCATIONAL, AND RELIGIOUS PURPOSES OF THE ASSOCIATED: JEWISH COMMUNITY FEDERATION OF BALTIMORE, INC. (THE ASSOCIATED). THE FOUNDATION MAKES GRANTS TO PUBLIC CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THE MISSION OF THE ASSOCIATED.

Program Service Accomplishments

Program 1
Expenses: $87,450 Revenue: $0

PROVIDE GRANTS TO PUBLIC CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THE MISSION OF THE ASSOCIATED: JEWISH COMMUNITY FEDERATION OF BALTIMORE, INC.

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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 $7,280
Program Service Revenue $0
Investment Income $13,453
Other Revenue $0
TOTAL REVENUE $20,733

Expense Breakdown

Grants Paid $87,450
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $87,450
Other Expenses $8,085
TOTAL EXPENSES $95,535

Year-over-Year Comparison

2023 2022 Change
Revenue $20,733 $9,765 +1.1%
Expenses $95,535 $90,823 +0.1%
Net Income $-74,802 $-81,058 -0.1%
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
11
Independent Members
8
Employees
N/A
Volunteers
8

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
5
$1,423,581
Total Directors
11
$1,423,581
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARC B TERRILL PRESIDENT & PUBLIC DIRECTOR 0.15
Officer Director
$0 $194,135 $1,037,930
MICHAEL I FRIEDMAN SECRETARY AND PUBLIC DIRECTOR 0.15
Officer Director
$0 $11,879 $259,711
JACKIE YAHR ASST. SECRETARY & PUBLIC DIRECTOR 0.15
Officer Director
$0 $6,757 $125,940
BETTY JEAN HIMELES VICE PRESIDENT & DONOR DIRECTOR 0.15
Officer Director
$0 $0 $0
JACQUELINE NORDEN TREASURER AND DONOR DIRECTOR 0.15
Officer Director
$0 $0 $0
MARTIN S HIMELES JR DONOR DIRECTOR 0.15
Director
$0 $0 $0
JEFFREY D HIMELES DONOR DIRECTOR 0.15
Director
$0 $0 $0
ANDREW NORDEN DONOR DIRECTOR 0.15
Director
$0 $0 $0
DONNA KAPLAN PUBLIC DIRECTOR 0.15
Director
$0 $0 $0
MARK NEUMANN PUBLIC DIRECTOR 0.15
Director
$0 $0 $0
SUSAN WOLMAN PUBLIC DIRECTOR 0.15
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
2025 No data No data No data No data
2024 $20,733 $95,535 $817,474 $-74,802
2023 $9,765 $90,823 $824,403 $-81,058
2022 $31,771 $100,514 $876,878 $-68,743
2021 $25,255 $97,698 $1,098,653 $-72,443
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