Hebrew Homes Health Network Inc

EIN: 651040936 501(c)(3) Health Care

EAST BRUNSWICK, NJ

Total Revenue
N/A
Total Expenses
$1,280,375
Total Assets
$21,519,850
Net Assets
$-13,632,720
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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
2000
Legal Domicile
NJ
Principal Officer
Harry Fruhman
Phone
3059170460
Tax Period
2023-01-01 to 2023-12-31

Mission

TO ORGANIZE THE ACTIVITIES OF ITS RELATED 501(C)(3) ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $130,000 Revenue: $626,390

HEBREW HOMES HEALTH NETWORK, INC. (THE NETWORK) ORGANIZES THE ACTIVITIES OF ITS RELATED 501(C)(3) ORGANIZATIONS. THE NETWORK IS THE PARENT AND SOLE MEMBER OF THESE RELATED 501(C)(3) ORGANIZATIONS...

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HEBREW HOMES HEALTH NETWORK, INC. (THE NETWORK) ORGANIZES THE ACTIVITIES OF ITS RELATED 501(C)(3) ORGANIZATIONS. THE NETWORK IS THE PARENT AND SOLE MEMBER OF THESE RELATED 501(C)(3) ORGANIZATIONS WHICH WERE ESTABLISHED TO PROVIDE SHELTER AND HEALTHCARE FOR THE ELDERLY. IN SEPTEMBER 2021, THE ORGANIZATION SOLD THE OPERATIONS AND PROPERTY AND EQUIPMENT OF ITS AFFILIATES THAT WERE ESTABLISHED TO PROVIDE SHELTER AND HEALTHCARE FOR THE ELDERLY.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $130,000
Salaries & Benefits $300,671
Fundraising Expenses $0
Program Expenses $130,000
Other Expenses $849,704
TOTAL EXPENSES $1,280,375

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $501,856 -1.0%
Expenses $1,280,375 $1,787,646 -0.3%
Net Income N/A $-1,285,790 N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
1
Volunteers
6

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
4
$285,022
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARRY FRUHMAN CHIEF EXECUTIVE OFFICER 0.10
Officer
$285,022 $0 $285,022
BEN ROZSANSKY VICE CHAIRMAN 0.10
Officer Director
$0 $0 $0
MARTIN WASSERMAN TREASURER/SECRETARY 0.10
Officer Director
$0 $0 $0
JOAN BRENT SECRETARY 0.10
Officer Director
$0 $0 $0
ALAN JOTKOFF DIRECTOR 0.10
Director
$0 $0 $0
MICKEY MINAGORRI DIRECTOR 0.10
Director
$0 $0 $0
DANYLLE ROSS DIRECTOR 0.10
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 No data $1,280,375 $21,519,850 No data
2022 $501,856 $1,787,646 $23,234,275 $-1,285,790
2021 $132,182 $552,129 $25,047,215 $-419,947
2020 $34,388 $1,416,986 $10,858,118 $-1,382,598
2019 $94,411 $705,708 $4,773,623 $-611,297
2018 $2,138,791 $642,790 $3,228,349 $1,496,001
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