Hillels of Georgia Inc

EIN: 582051970 501(c)(3)

Atlanta, GA

Total Revenue
$2,718,194
Total Expenses
$3,095,033
Total Assets
$15,786,115
Net Assets
$15,416,774
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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
1993
Legal Domicile
GA
Principal Officer
Rabbi Larry Sernovitz
Phone
4049632548
Tax Period
2023-07-01 to 2024-06-30

Hillels of Georgia Inc, founded in 1993, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $3.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

Inspiring vibrant Jewish life on Georgia college campuses.

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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 $2,705,598
Program Service Revenue $6,117
Investment Income $4,978
Other Revenue $1,501
TOTAL REVENUE $2,718,194

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,302,877
Fundraising Expenses $296,339
Program Expenses $2,405,345
Other Expenses $1,792,156
TOTAL EXPENSES $3,095,033

Year-over-Year Comparison

2023 2022 Change
Revenue $2,718,194 $5,601,606 -0.5%
Expenses $3,095,033 $3,046,311 +0.0%
Net Income $-376,839 $2,555,295 -1.1%
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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Governance

Voting Members
22
Independent Members
22
Employees
25
Volunteers
45

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
6
$214,455
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amy Dosik Board Chair 5.00
Officer Director
$0 $0 $0
Kara Adler Governance 5.00
Officer Director
$0 $0 $0
Larry Stevens Treasurer 5.00
Officer Director
$0 $0 $0
Steve Oppenheimer VP of Development 5.00
Officer Director
$0 $0 $0
Coles Michael Immediate Past Chair 5.00
Director
$0 $0 $0
Stacey Fisher Member at large 2.00
Director
$0 $0 $0
Nicole Armstrong Member at large 2.00
Director
$0 $0 $0
Michael Kogon Member at large 2.00
Director
$0 $0 $0
Billy Bauman Member at large 2.00
Director
$0 $0 $0
Vicki Benjamin Member at large 2.00
Director
$0 $0 $0
Greg Bluestein Member at large 2.00
Director
$0 $0 $0
Brian Granath Member at large 2.00
Director
$0 $0 $0
Ted Jenkins Member at large 2.00
Director
$0 $0 $0
Avery Kastin Member at large 2.00
Director
$0 $0 $0
Ben Lefkove Member at large 2.00
Director
$0 $0 $0
Matt Oppenheimer Member at large 2.00
Director
$0 $0 $0
Josh Rosenberg Member at large 2.00
Director
$0 $0 $0
Shelly Satisky Member at large 2.00
Director
$0 $0 $0
Janet Schatten Member at large 2.00
Director
$0 $0 $0
Linda Selig Member at large 2.00
Director
$0 $0 $0
Andrew Lincoln Member at large 2.00
Director
$0 $0 $0
Mark Silberman Member at large 2.00
Director
$0 $0 $0
Rabbi Larry Sernovitz CEO as of July 2023 40.00
Officer
$63,778 $0 $63,778
Wayne Keil CEO 40.00
Officer
$150,677 $0 $150,677
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 $2,718,194 $3,095,033 $15,786,115 $-376,839
2023 $5,601,606 $3,046,311 $16,315,540 $2,555,295
2022 $5,150,777 $2,958,132 $13,086,835 $2,192,645
2021 $2,806,351 $2,526,692 $11,406,142 $279,659
2020 $2,410,724 $2,225,148 $10,304,945 $185,576
2019 $2,206,893 $2,433,725 $10,083,851 $-226,832
2018 $1,344,526 $1,860,219 $10,130,411 $-515,693
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