FRIENDS OF THE SINAI TRUST (EIN 824546253) - 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

GARY TORGOW

Phone

2483571040

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF THE SINAI TRUST, founded in 2017, is a small nonprofit in the Religion sector that reported $429K in total revenue in fiscal year 2023. Revenue surged 1513% from the prior year, signaling strong growth momentum. Expenses of $534K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO ACTIVELY SUPPORT THE SINAI TRUST, A SOUTH AFRICAN TAX EXEMPT ENTITY, AND THE SHABBAT PROJECT, AN ISRAELI PUBLIC BENEFIT COMPANY. THEIR PURPOSE IS TO STRENGTHEN JEWISH PEOPLE'S FAITH.

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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 $364,900

Program Service Revenue $0

Investment Income $64,480

Other Revenue $0

TOTAL REVENUE $429,380

Expense Breakdown

Grants Paid $518,545

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $532,147

Other Expenses $15,134

TOTAL EXPENSES $533,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$429,380	$26,624	+15.1%
Expenses	$533,679	$4,695	+112.7%
Net Income	$-104,299	$21,929	-5.8%

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
GARY TORGOW	PRESIDENT, D	0.06	Officer Director	$0	$0	$0
MARK TODES	TREASURER, D	0.06	Officer Director	$0	$0	$0
BENTZION SCHECTER	SECRETARY, D	0.06	Officer Director	$0	$0	$0
YOSEF ZIGDON	CFO	0.06	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	$429,380	$533,679	$1,447,298	$-104,299
2022	$26,624	$4,695	$1,551,597	$21,929
2021	$933,595	$1,148,865	$1,529,668	$-215,270
2020	$1,030,340	$909,260	$1,744,938	$121,080

FRIENDS OF THE SINAI TRUST