BETH ISRAEL FOUNDATION FOR THE AGED

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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

1981

Legal Domicile

Principal Officer

MARC PENNER

Phone

3036805000

Tax Period

2024-01-01 to 2024-12-31

BETH ISRAEL FOUNDATION FOR THE AGED, founded in 1981, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 55% operating margin.

Mission

THE MISSION OF BETH ISRAEL FOUNDATION IS TO ACCEPT CONTRIBUTIONS AND INVEST FUNDS, AND TO USE THE RELATED EARNINGS TO SUBSIDIZE THE CARE OF THE ELDERS AT SHALOM PARK.

Program Service Accomplishments

Program 1

Expenses: $768,371 Revenue: $229,651

FUNDS WERE USED TO HELP SUBSIDIZE THE CARE OF THE ELDERS AT SHALOM PARK AND OPERATION OF SHALOM CARES WELLNESS CENTER.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,965,172

Program Service Revenue $229,651

Investment Income $517,612

Other Revenue $1,115

TOTAL REVENUE $2,713,550

Expense Breakdown

Grants Paid $45,590

Salaries & Benefits $475,876

Fundraising Expenses $170,067

Program Expenses $768,371

Other Expenses $697,064

TOTAL EXPENSES $1,218,530

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,713,550	$2,207,360	+0.2%
Expenses	$1,218,530	$1,510,609	-0.2%
Net Income	$1,495,020	$696,751	+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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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

$568,321

Total Directors

$394,276

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARC PENNER	PRESIDENT/CEO	14.00	Officer Director	$0	$36,357	$394,276
PREETY SHRESTHA	CFO	4.00	Officer	$0	$22,354	$174,045
RHONDA MORRISON	DIRECTOR OF ADVANCEMENT	20.00	Highest	$0	$6,514	$106,900
ELISA ROBYN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LYNN GELLER	TREASURER	1.00	Officer Director	$0	$0	$0
NEIL OBERFELD	SECRETARY	1.00	Officer Director	$0	$0	$0
JASON ALDERSON	DIRECTOR	1.00	Director	$0	$0	$0
ANDY HEINS	DIRECTOR	1.00	Director	$0	$0	$0
FRAN SIMON	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
2025	No data	No data	No data	No data
2024	$2,713,550	$1,218,530	$17,801,307	$1,495,020
2023	$2,207,360	$1,510,609	$16,019,270	$696,751
2022	$1,148,486	$2,241,283	$14,701,461	$-1,092,797
2021	$1,321,338	$1,693,913	$17,831,516	$-372,575
2020	$1,591,365	$1,026,585	$16,713,237	$564,780
2019	$1,776,566	$1,078,592	$15,583,365	$697,974
2018	$2,717,394	$9,794,636	$14,447,329	$-7,077,242