JARC FLORIDA FOUNDATION INC (EIN 825398201) - 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

2001

Legal Domicile

Principal Officer

JAY EISENBERG

Phone

5615582550

Tax Period

2023-09-01 to 2024-08-31

JARC FLORIDA FOUNDATION INC, founded in 2001, is a small nonprofit in the Health Care sector that reported $797K in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $2.4M exceeded revenue, resulting in a 204% operating deficit.

Mission

TO PROVIDE FINANCIAL SUPPORT TO JEWISH ASSOCIATION FOR RESIDENTIAL CARE, INC.

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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 $203,667

Program Service Revenue $0

Investment Income $593,331

Other Revenue $0

TOTAL REVENUE $796,998

Expense Breakdown

Grants Paid $2,354,856

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,354,856

Other Expenses $68,551

TOTAL EXPENSES $2,423,407

Year-over-Year Comparison

	2023	2022	Change
Revenue	$796,998	$11,485,472	-0.9%
Expenses	$2,423,407	$61,737	+38.3%
Net Income	$-1,626,409	$11,423,735	-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

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

$469,918

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD SIEGEL	PRESIDENT	2.00	Officer Director	$0	$0	$0
CARYN CLAYMAN	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CYNTHIA SCHECHNER	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVID KATZMAN	TREASURER	2.00	Officer Director	$0	$0	$0
MARY SUE DONAHUE	MEMBER	2.00	Director	$0	$0	$0
ADAM USDAN	MEMBER	2.00	Director	$0	$0	$0
JEFFREY ZIRULNICK	CEO	1.00	Officer	$0	$37,130	$272,849
MICHAEL HOPPER	COO	1.00	Officer	$0	$13,819	$197,069

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	$796,998	$2,423,407	$25,291,572	$-1,626,409
2023	$11,485,472	$61,737	$25,684,160	$11,423,735
2022	$1,557,163	$437,825	$13,901,535	$1,119,338
2021	$1,757,769	$886,662	$14,450,685	$871,107
2020	$231,846	$682,717	$12,627,376	$-450,871
2019	$783,849	$863,993	$12,315,631	$-80,144

JARC FLORIDA FOUNDATION INC