BALTIMORE, MD
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)ASSOCIATED JEWISH CHARITIES OF BALTIMORE, founded in 1921, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $37.7M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $60.3M exceeded revenue, resulting in a 60% operating deficit.
THE ASSOCIATED JEWISH CHARITIES OF BALTIMORE (THE AJC) WAS ESTABLISHED TO FULFILL THE MISSION OF THE ASSOCIATED: JEWISH COMMUNITY FEDERATION OF BALTIMORE (THE ASSOCIATED), WHICH WORKS TO PRESERVE AND ENHANCE JEWISH LIFE. (CONTINED ON SCHEDULE O)IT ADDRESSES CHARITABLE, EDUCATIONAL, RELIGIOUS, HUMANITARIAN, HEALTH, CULTURAL AND SOCIAL SERVICE NEEDS OF THE JEWISH COMMUNITY LOCALLY, NATIONALLY, IN ISRAEL AND THROUGHOUT THE WORLD.
THE AJC OPERATES AN INVESTMENT PROGRAM FOR THE ASSOCIATED: JCFB, ITS AGENCIES, SUPPORTING FOUNDATIONS, DONOR ADVISED FUNDS, AND OTHER TAX-EXEMPT PUBLIC ORGANIZATIONS THAT ARE CONNECTED WITH THE WORK...
THE AJC OPERATES AN INVESTMENT PROGRAM FOR THE ASSOCIATED: JCFB, ITS AGENCIES, SUPPORTING FOUNDATIONS, DONOR ADVISED FUNDS, AND OTHER TAX-EXEMPT PUBLIC ORGANIZATIONS THAT ARE CONNECTED WITH THE WORK OF THE ASSOCIATED. THE INVESTMENT PROGRAM IS MANAGED BY PROFESSIONAL STAFF EMPLOYED BY THE ASSOCIATED AND IS OVERSEEN BY AN INVESTMENT COMMITTEE PROCESS INVOLVING OVER 45 VOLUNTEERS WITH INVESTMENT AND BUSINESS EXPERTISE. THE ASSETS INVESTED IN THIS PROGRAM ARE CRITICAL TO THE SUCCESS OF THE OVERALL JEWISH COMMUNITY WITH DISTRIBUTIONS THEREFROM MOSTLY SUPPORTING THE OVERALL BALTIMORE AND LARGER JEWISH COMMUNITY TAX EXEMPT PUBLIC ORGANIZATIONS. THE FEES GENERATED FROM THIS ACTIVITY COVERS ALL RELATED COSTS OF OPERATING THIS CRITICAL PROGRAM.
THE AJC OWNS AND MANAGES THE REAL ESTATE PROPERTY FROM WHICH THE ASSOCIATED AND ITS AGENCIES OPERATE. THE AJC IS RESPONSIBLE FOR ALL TYPICAL LANDLORD COSTS OF MAINTAINING THESE PROPERTIES AND CHARGES...
THE AJC OWNS AND MANAGES THE REAL ESTATE PROPERTY FROM WHICH THE ASSOCIATED AND ITS AGENCIES OPERATE. THE AJC IS RESPONSIBLE FOR ALL TYPICAL LANDLORD COSTS OF MAINTAINING THESE PROPERTIES AND CHARGES BOTH SECURITY AND RENT TO THE TENANTS OF THESE PROPERTIES.
PLANNED GIVING ASSETS: THE AJC MANAGES THE ASSETS OF THE PLANNED GIVING PROGRAM OF THE ASSOCIATED. THESE INCLUDE CHARITABLE REMAINDER TRUSTS IN WHICH THE AJC OR THE ASSOCIATED HAVE BEEN DESIGNATED...
PLANNED GIVING ASSETS: THE AJC MANAGES THE ASSETS OF THE PLANNED GIVING PROGRAM OF THE ASSOCIATED. THESE INCLUDE CHARITABLE REMAINDER TRUSTS IN WHICH THE AJC OR THE ASSOCIATED HAVE BEEN DESIGNATED CORPORATE TRUSTEE, CHARITABLE GIFT ANNUITIES, POOLED INCOME FUNDS AND LIFE INSURANCE POLICIES OWNED BY THE AJC AND/OR THE ASSOCIATED.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $37,709,886 | $56,604,788 | -0.3% |
| Expenses | $60,279,946 | $60,014,549 | +0.0% |
| Net Income | $-22,570,060 | $-3,409,761 | +5.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ANDREW CUSHNIR | SECRETARY & EXECUTIVE DIRECTOR | 4.00 |
Officer
Director
|
$0 | $26,455 | $429,833 |
| IRA MALIS | PRESIDENT | 5.50 |
Officer
Director
|
$0 | $0 | $0 |
| PJ PEARLSTONE | FIRST VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| REBECCA BRENNER | VICE PRESIDENT | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| MAXWELL THANHOUSER | TREASURER & CO-CHAIR, INVESTMENT OVERSIGHT | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| BRUCE HOFFBERGER | LIFE DIRECTOR AND CHAIR, THE ASSOCIATED | 1.50 |
Director
|
$0 | $0 | $0 |
| JEFFREY ROSEN | CHAIR, AUDIT | 1.50 |
Director
|
$0 | $0 | $0 |
| ELISE MORRIS | CHAIR, ADMINISTRATION | 1.50 |
Director
|
$0 | $0 | $0 |
| JASON BLAVATT | VICE CHAIR, ADMINISTRATION | 1.50 |
Director
|
$0 | $0 | $0 |
| KIM Z GOLDEN | VICE CHAIR, INVESTMENT OVERSIGHT | 1.50 |
Director
|
$0 | $0 | $0 |
| ROBERT MANEKIN | CO-CHAIR, REAL ESTATE | 1.50 |
Director
|
$0 | $0 | $0 |
| MARK RENBAUM | CO-CHAIR, REAL ESTATE | 1.50 |
Director
|
$0 | $0 | $0 |
| ARI C ABRAMSON | DIRECTOR AT LARGE | 1.50 |
Director
|
$0 | $0 | $0 |
| MARILYN CARP | DIRECTOR AT LARGE | 1.50 |
Director
|
$0 | $0 | $0 |
| MICHAEL FADER | DIRECTOR AT LARGE | 1.50 |
Director
|
$0 | $0 | $0 |
| ELIZABETH GREEN | DIRECTOR AT LARGE | 1.50 |
Director
|
$0 | $0 | $0 |
| SUZAN B KATZENBERG | DIRECTOR AT LARGE | 1.50 |
Director
|
$0 | $0 | $0 |
| JONATHAN M LARIA | DIRECTOR AT LARGE | 1.50 |
Director
|
$0 | $0 | $0 |
| SANDRA MOFFET | DIRECTOR AT LARGE | 1.50 |
Director
|
$0 | $0 | $0 |
| ROBERT POLLOKOFF | DIRECTOR AT LARGE | 1.50 |
Director
|
$0 | $0 | $0 |
| LYNN B SASSIN | DIRECTOR AT LARGE | 1.50 |
Director
|
$0 | $0 | $0 |
| KAREN SINGER | DIRECTOR AT LARGE | 1.50 |
Director
|
$0 | $0 | $0 |
| ROBERT B BANK | LIFE DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| JOSH FIDLER | LIFE DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| JILL S GANSLER | LIFE DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| NANCY HACKERMAN | LIFE DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| FRITZI HALLOCK | LIFE DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| LAWRENCE M MACKS | LIFE DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| PHILIP SACHS | LIFE DIRECTOR | 1.50 |
Director
|
$0 | $0 | $0 |
| J MARK SCHAPIRO | LIFE DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| JEFFREY SCHERR | LIFE DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| LAURA BLACK | DIRECTOR AT LARGE (UNTIL 6/25) | 1.50 |
Director
|
$0 | $0 | $0 |
| YEHUNDA NEUBERGER | DIRECTOR AT LARGE (UNTIL 6/25) | 1.50 |
Director
|
$0 | $0 | $0 |
| FREDERICA K SAXON | LIFE DIRECTOR (UNTIL 3/25) | 0.10 |
Director
|
$0 | $0 | $0 |
| MARK SMOLARZ | COO/CFO (UNTIL 3/25) | 8.00 |
Officer
|
$0 | $36,269 | $309,439 |
| SAMUEL KLEIN | CHIEF FINANCIAL OFFICER (FROM 2/25) | 10.00 |
Officer
|
$0 | $0 | $0 |
| MICHAEL FRIEDMAN | SENIOR VICE PRESIDENT | 30.00 |
Highest
|
$0 | $12,125 | $265,621 |
| MICHAEL DYE | VICE PRESIDENT, INVESTMENTS | 31.00 |
Highest
|
$0 | $39,816 | $250,904 |
| CAROLE TAYLOR | SVP OF TECHNOLOGY AND OPERATIONS | 8.00 |
Highest
|
$0 | $24,722 | $214,365 |
| CONNIE STERN | VICE PRESIDENT, FINANCE | 4.00 |
Highest
|
$0 | $32,671 | $205,056 |
| BROOKE HISLE | EXECUTIVE DIRECTOR OF KRIEGER FUND | 0.00 |
Highest
|
$0 | $17,907 | $190,706 |
| MARC TERRILL | FORMER SECRETARY & EXECUTIVE DIR. | 0.00 |
|
$0 | $30,197 | $1,170,535 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $37,709,886 | $60,279,946 | $446,679,873 | $-22,570,060 |
| 2024 | No data | No data | No data | No data |
| 2023 | $35,305,995 | $45,366,489 | $400,228,577 | $-10,060,494 |
| 2022 | $51,667,875 | $45,393,271 | $398,678,795 | $6,274,604 |
| 2021 | $79,643,171 | $36,907,515 | $458,062,005 | $42,735,656 |
| 2020 | $39,749,270 | $37,686,774 | $334,207,401 | $2,062,496 |
| 2019 | $38,861,235 | $33,855,920 | $340,674,085 | $5,005,315 |
| 2018 | $42,989,479 | $38,528,635 | $345,434,815 | $4,460,844 |
Compare ASSOCIATED JEWISH CHARITIES OF BALTIMORE with other nonprofits in Maryland and across the country.