JEM FOUNDATION INC (EIN 822907705) - 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

2017

Legal Domicile

Principal Officer

RABBI ELKANAH SHMOTKIN

Phone

7186339100

Tax Period

2023-01-01 to 2023-12-31

JEM FOUNDATION INC, founded in 2017, is a community nonprofit in the Religion sector that reported $1.2M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $1.1M left a modest 9% surplus.

Mission

TO PROVIDE FINANCIAL SUPPORT TO JEM AND RAISE AWARENESS TO THE IMPORTANCE OF RESTORING, PRESERVING, CURATING AND SHARING THE PRICELESS RECORDINGS OF THE REBBE'S LIFETIME, AND FIRST-PERSON TESTIMONIES OF INTERACTIONS WITH THE REBBE.

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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 $1,171,842

Program Service Revenue $0

Investment Income $36,973

Other Revenue $0

TOTAL REVENUE $1,208,815

Expense Breakdown

Grants Paid $1,064,511

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,064,511

Other Expenses $39,573

TOTAL EXPENSES $1,104,084

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,208,815	$1,480,273	-0.2%
Expenses	$1,104,084	$1,614,830	-0.3%
Net Income	$104,731	$-134,557	-1.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RABBI DAVID KRINSKY	DIRECTOR/CHAIRMAN	2.50	Director	$0	$0	$0
RABBI ELKANAH SHMOTKIN	DIRECTOR/CEO	15.00	Officer Director	$0	$0	$0
RABBI SHLOMO BISTRITSKY	DIRECTOR	1.25	Director	$0	$0	$0
RABBI OVADIA GOLDMAN	DIRECTOR	1.25	Director	$0	$0	$0
RABBI JOSEPH I ZAKLIKOVSKY	DIRECTOR	1.25	Director	$0	$0	$0
AHRON A GREENWALD	DIRECTOR	1.25	Director	$0	$0	$0
JOSHUA GOLDHIRSCH	DIRECTOR	1.25	Director	$0	$0	$0
SHIMSHON YEGER	SECRETARY/TREASURER	20.00	Officer	$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	$1,208,815	$1,104,084	$1,762,696	$104,731
2022	$1,480,273	$1,614,830	$1,661,416	$-134,557
2021	$2,083,795	$1,357,648	$1,781,037	$726,147
2020	$1,117,787	$811,622	$1,040,394	$306,165
2019	$1,028,558	$840,254	$415,729	$188,304
2018	$736,155	$500,337	$229,191	$235,818

JEM FOUNDATION INC