Jewish Community Center Foundation of Asheville Inc (EIN 561874077) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

Joseph Karpen

Phone

8282530701

Tax Period

2023-01-01 to 2023-12-31

Jewish Community Center Foundation of Asheville Inc, founded in 1994, is a micro nonprofit that reported $25K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $103K exceeded revenue, resulting in a 313% operating deficit.

Mission

The Jewish Community Center Foundation was established in 1994 to secure long-term support of the Asheville JCC. The Foundation manages cash investments to generate annual operating income supporting JCC programs & services.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $24,808

Other Revenue $0

TOTAL REVENUE $24,808

Expense Breakdown

Grants Paid $83,802

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $83,802

Other Expenses $18,761

TOTAL EXPENSES $102,563

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,808	$19,391	+0.3%
Expenses	$102,563	$103,631	0.0%
Net Income	$-77,755	$-84,240	-0.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

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
Joe Karpen	President	1.00	Officer Director	$0	$0	$0
Kerry Friedman	Vice Pres.	1.00	Officer Director	$0	$0	$0
Marc Rudow	Board	1.00	Director	$0	$0	$0
Esther Manheimer	Sec/Treas.	1.00	Officer Director	$0	$0	$0
Carol Wenom	Board	1.00	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	$24,808	$102,563	$1,808,979	$-77,755
2022	$19,391	$103,631	$1,720,924	$-84,240
2021	$19,042	$103,684	$2,098,612	$-84,642
2020	$23,186	$65,451	$1,995,024	$-42,265
2019	$26,561	$97,253	$1,874,731	$-70,692
2018	$23,069	$97,903	$1,705,110	$-74,834

Jewish Community Center Foundation of Asheville Inc