The Foundation of Shalom Park (EIN 581477833) - 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

1980

Legal Domicile

Principal Officer

Adam Bernstein

Phone

7049446841

Tax Period

2023-01-01 to 2023-12-31

The Foundation of Shalom Park, founded in 1980, is a community nonprofit in the Recreation & Sports sector that reported $6.0M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Net assets of $31.6M represent 63 months of operating reserves.

Mission

To own, operate, maintain, renovate and construct the properties & facilities of Shalom Park on behalf of the Jewish community.

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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 $1,730,312

Program Service Revenue $4,267,732

Investment Income $44,805

Other Revenue $0

TOTAL REVENUE $6,042,849

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,736,885

Fundraising Expenses $347,291

Program Expenses $4,880,197

Other Expenses $3,528,251

TOTAL EXPENSES $6,265,136

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,042,849	$5,338,586	+0.1%
Expenses	$6,265,136	$4,070,440	+0.5%
Net Income	$-222,287	$1,268,146	-1.2%

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
Richard Glaser	Prior President	25.00	Officer Director	$0	$0	$0
Annie Lord	Vice President	1.00	Officer Director	$0	$0	$0
Jack Levinson	Director	1.00	Director	$0	$0	$0
Alan Blumenthal	Director	1.00	Director	$0	$0	$0
Jennifer Collman	Treasurer	1.00	Officer Director	$0	$0	$0
Amy Udoff	Director	1.00	Director	$0	$0	$0
Lisa Strausse Levinson	Director	1.00	Director	$0	$0	$0
AJ Secrist	Secretary	1.00	Officer Director	$0	$0	$0
Scott Menaker	Director	1.00	Director	$0	$0	$0
Todd Gorelick	Vice President	10.00	Officer Director	$0	$0	$0
Derek Raghavan	Director	1.00	Director	$0	$0	$0
Tara Spill	Director	1.00	Director	$0	$0	$0
Gabe Mathless	Director	2.00	Director	$0	$0	$0
Risa Miller	Director	1.00	Director	$0	$0	$0
Adina Loewensteiner	Director	1.00	Director	$0	$0	$0
Adam Bernstein	President	5.00	Officer Director	$0	$0	$0
Terri Beattie	Executive Dir.	40.00	Officer Director	$0	$0	$0
Jeff Richek	Director	1.00	Director	$0	$0	$0
Raizel Kahn	Director	2.00	Director	$0	$0	$0
Ben Benson	Director	2.00	Director	$0	$0	$0
Andrew Bernstein	Director	1.00	Director	$0	$0	$0
Stephanie Haynes	Director	1.00	Director	$0	$0	$0
Amy Vitner	Director	1.00	Director	$0	$0	$0
Alan Kronovet	Director	1.00	Director	$0	$0	$0
Jen Rosen	Director	1.00	Director	$0	$0	$0
Teresa Brenner	Director	2.00	Director	$0	$0	$0
David Miller	Director	1.00	Director	$0	$0	$0
Jesse Oppenheim	Director	1.00	Director	$0	$0	$0
Tommy Mann	Director	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	$6,042,849	$6,265,136	$33,012,921	$-222,287
2022	$5,338,586	$4,070,440	$32,483,749	$1,268,146
2021	$4,099,264	$4,788,197	$31,348,548	$-688,933
2020	$2,458,572	$3,853,211	$30,629,906	$-1,394,639
2019	$2,110,752	$3,563,382	$31,144,626	$-1,452,630
2018	$1,899,478	$3,418,860	$31,075,327	$-1,519,382

The Foundation of Shalom Park