SEPHARDIC JEWISH BROTHERHOOD FOUNDATION INC

EIN: 832938510 501(c)(3) Religion

Forest Hills, NY

Total Revenue
$183,327
Total Expenses
$119,965
Total Assets
$141,856
Net Assets
$126,608
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
Sedat Behar
Phone
7186850080
Tax Period
2023-11-01 to 2024-10-31

SEPHARDIC JEWISH BROTHERHOOD FOUNDATION INC, founded in 2018, is a small nonprofit in the Religion sector that reported $183K in total revenue in fiscal year 2023. The organization ran a surplus of $63K, a strong 35% operating margin.

Mission

We are an organization that supports Jewish people who trace their ancestral roots to Ottoman, Ladino-speaking Sephardic Jewry, for our mutual benefit. Our mission is to connect, support, and educate individuals, families and congregations of Sephardic Jews in the United States, and to inspire and strengthen their Sephardic identities.

Program Service Accomplishments

Program 1
Expenses: $65,009 Revenue: $30,308

Community Programming and Outreach - General in person (and remote) community programming engaging all subsets of the wider Sephardic Jewish world through their culture and heritage (i.e. Regional...

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Community Programming and Outreach - General in person (and remote) community programming engaging all subsets of the wider Sephardic Jewish world through their culture and heritage (i.e. Regional Events promoting Culture such as Music, Trips to historically significant locations for Sephardic ancestry, International Ladino Day Celebration, senior assistance, digital newsletters, Greek Jewish Festival, etc.).

Program 2
Expenses: $10,982 Revenue: $0

Sephardic Adult Educational Initiatives - Provides classes and educational materials on Sephardic Torah, Jewish Law, traditions and customs, history, Ladino language instruction, and Sephardic...

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Sephardic Adult Educational Initiatives - Provides classes and educational materials on Sephardic Torah, Jewish Law, traditions and customs, history, Ladino language instruction, and Sephardic cooking that are free and open to the public.

Program 3
Expenses: $18,640 Revenue: $4,268

Sephardic Youth Program - provides cultural, education, and social activities for our community's youth, including leadership development, educational workshops, and heritage trips.

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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 $177,229
Program Service Revenue $31,223
Investment Income $10
Other Revenue $-25,135
TOTAL REVENUE $183,327

Expense Breakdown

Grants Paid $1,125
Salaries & Benefits $74,700
Fundraising Expenses $10,000
Program Expenses $94,631
Other Expenses $44,140
TOTAL EXPENSES $119,965

Year-over-Year Comparison

2023 2022 Change
Revenue $183,327 $185,123 0.0%
Expenses $119,965 $194,057 -0.4%
Net Income $63,362 $-8,934 -8.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
10

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
9
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sedat Behar President 2
Officer Director
$0 $0 $0
Jeffrey Beja First Vice President 2
Officer Director
$0 $0 $0
Marvin Marcus Second Vice President 2
Officer Director
$0 $0 $0
Andrew Marcus Secretary 2
Officer Director
$0 $0 $0
Jay Matalon Treasurer 2
Officer Director
$0 $0 $0
Daniel Small Financial Secretary 2
Officer Director
$0 $0 $0
Open Position Assistant Secretary 0
Officer Director
$0 $0 $0
Renee Motola Assistant Treasurer 2
Officer Director
$0 $0 $0
David Schribman Assistant Financial Secretary 2
Officer 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 $183,327 $119,965 $141,856 $63,362
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