INCUBATOR FOR EMERGING JEWISH INITIATIVES INC

EIN: 831432599 501(c)(3) Philanthropy & Grantmaking

CHEVY CHASE, MD

Total Revenue
$571,721
Total Expenses
$748,121
Total Assets
$105,295
Net Assets
$94,007
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MD
Principal Officer
TODD J SUKOL
Phone
3018817500
Tax Period
2023-01-01 to 2023-12-31

INCUBATOR FOR EMERGING JEWISH INITIATIVES INC, founded in 2018, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $572K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $748K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE ORGANIZATION FACILITATES AND ENABLES THE DEVELOPMENT OF NEW, CREATIVE PROGRAMS AND INITIATIVES, RELATED TO JEWISH EDUCATION AND JEWISH COMMUNAL ENGAGEMENT. THE CORPORATION WILL SERVE AS AN INCUBATOR FOR VARIOUS INITIATIVES RELATED TO JEWISH EDUCATION AND JEWISH COMMUNAL ENGAGEMENT. THE CORPORATION WILL ASSIST COMMUNAL INITIATIVES, SOMETIMES IN THEIR EARLY STAGES, BY PROVIDING OPPORTUNITIES FOR LEARNING ABOUT VOLUNTEER INITIATIVES, PROGRAMMING, MARKETING, ORGANIZATIONAL DEVELOPMENT, AND SUSTAINABILITY. THE CORPORATION WILL ALSO PROVIDE ASSISTANCE WITH PLANNING, PROJECT MANAGEMENT, RECORDKEEPING, AND OTHER ADMINISTRATIVE AND ADVISORY FUNCTIONS. BY DOING SO, THE CORPORATION WILL FACILITATE AND ENABLE THE DEVELOPMENT OF NEW, CREATIVE PROGRAMS AND INITIATIVES, BOTH INSIDE AND OUTSIDE THE CONTEXT OF TRADITIONAL JEWISH COMMUNAL ORGANIZATIONS.

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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 $571,721
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $571,721

Expense Breakdown

Grants Paid $98,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $733,577
Other Expenses $649,621
TOTAL EXPENSES $748,121

Year-over-Year Comparison

2023 2022 Change
Revenue $571,721 $477,773 +0.2%
Expenses $748,121 $255,893 +1.9%
Net Income $-176,400 $221,880 -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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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
5

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
3
$287,163
Total Directors
5
$287,163
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TODD J SUKOL PRESIDENT 1.00
Officer Director
$0 $44,814 $287,163
LOUIS MAYBERG TREASURER 1.00
Officer Director
$0 $0 $0
MANETTE MAYBERG SECRETARY 1.00
Officer Director
$0 $0 $0
ARNEE WINSHALL DIRECTOR 1.00
Director
$0 $0 $0
FRAN KRITZ 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
2024 No data No data No data No data
2023 $571,721 $748,121 $105,295 $-176,400
2022 $477,773 $255,893 $275,131 $221,880
2021 $605,044 $581,183 $91,681 $23,861
2020 $262,837 $260,497 $25,013 $2,340
2019 $226,785 $212,520 $29,557 $14,265
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