RABBI GARY A GLICKSTEIN FDN OF TEMPLE BETH SHOLOM OF MIAMI BEACH

EIN: 650654717 501(c)(3) Philanthropy & Grantmaking

MIAMI BEACH, FL

Total Revenue
$1,663,908
Total Expenses
$2,529,312
Total Assets
$13,471,787
Net Assets
$13,471,787
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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
1995
Legal Domicile
FL
Principal Officer
JACK KARSON
Tax Period
2024-06-01 to 2025-05-31

RABBI GARY A GLICKSTEIN FDN OF TEMPLE BETH SHOLOM OF MIAMI BEACH, founded in 1995, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.7M in total revenue in fiscal year 2024. Expenses of $2.5M exceeded revenue, resulting in a 52% operating deficit.

Mission

TO OBTAIN FUNDS FOR FUTURE CAPITAL EXPENDITURES AT TEMPLE BETH SHOLOM OF FLORIDA

Program Service Accomplishments

Program 1
Expenses: $2,514,312

TO OBTAIN FUNDS FOR FUTURE CAPITAL EXPENDITURES AT TEMPLE BETH SHOLOM OF FLORIDA

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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 (2024)

Revenue Breakdown

Contributions & Grants $856,013
Program Service Revenue $0
Investment Income $807,895
Other Revenue $0
TOTAL REVENUE $1,663,908

Expense Breakdown

Grants Paid $2,514,312
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,514,312
Other Expenses $15,000
TOTAL EXPENSES $2,529,312

Year-over-Year Comparison

2024 2023 Change
Revenue $1,663,908 $1,580,505 +0.1%
Expenses $2,529,312 $1,044,599 +1.4%
Net Income $-865,404 $535,906 -2.6%
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
16
Independent Members
16
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARJORIE BARON PAST PRESIDE 1.00
Director
$0 $0 $0
CHARLES CITRIN PAST PRESIDE 1.00
Director
$0 $0 $0
TAMAS DOFFEK BUDGET COMM 1.00
Director
$0 $0 $0
MICHAEL DRIBIN PAST PRES FO 1.00
Director
$0 $0 $0
JEFFREY GRAFF PAST PRESIDE 1.00
Director
$0 $0 $0
SHELLEY NICELEY GROFF PAST PRESIDE 1.00
Director
$0 $0 $0
ROBERT HERTZBERG PAST PRESIDE 1.00
Director
$0 $0 $0
ANDREW HIRSCHL PAST PRES FO 1.00
Director
$0 $0 $0
RONALD ALBERT JR PAST PRES FO 1.00
Director
$0 $0 $0
SCOTT KAPLAN GMJF REPRESE 1.00
Director
$0 $0 $0
JACK KARSON PRESIDENT 1.00
Director
$0 $0 $0
STEVAN PARDO PAST PRESIDE 1.00
Director
$0 $0 $0
NANCY RATZAN PAST PRESIDE 1.00
Director
$0 $0 $0
VANESSA RESSLER PAST PRESIDE 1.00
Director
$0 $0 $0
KAREN RIVO SECRETARY/TR 1.00
Director
$0 $0 $0
MICHAEL WEINBERG PRESIDENT OF 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
2025 $1,663,908 $2,529,312 $13,471,787 $-865,404
2024 No data No data No data No data
2023 $1,600,977 $808,544 $12,407,332 $792,433
2022 $1,323,991 $632,671 $11,578,489 $691,320
2021 $1,153,920 $960,330 $11,270,101 $193,590
2020 $1,510,635 $293,995 $8,949,412 $1,216,640
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