Israel Select Charity Fund Inc (EIN 842437761) - 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

2019

Legal Domicile

Principal Officer

Josh Friedman

Phone

6462593884

Tax Period

2024-01-01 to 2024-12-31

Israel Select Charity Fund Inc, founded in 2019, is a community nonprofit in the Human Services sector that reported $3.0M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $3.5M exceeded revenue, resulting in a 15% operating deficit.

Mission

Helping individuals and organizations with great needs and little resources and with often few options.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,999,508

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,999,508

Expense Breakdown

Grants Paid $3,448,693

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,448,693

Other Expenses $7,521

TOTAL EXPENSES $3,456,214

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,999,508	$3,703,466	-0.2%
Expenses	$3,456,214	$3,268,095	+0.1%
Net Income	$-456,706	$435,371	-2.0%

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
Josh Friedman	Chairman	10.00	Officer	$0	$0	$0
Shira Isenberg	Secretary	1.00	Officer	$0	$0	$0
Gabriel Witkin	Treasurer	1.00	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	$2,999,508	$3,456,214	$13,900	$-456,706
2023	$3,703,466	$3,268,095	$468,646	$435,371
2022	$2,432,636	$2,688,618	$33,275	$-255,982
2021	$1,086,681	$835,209	$289,255	$251,472
2020	$143,539	$107,925	$35,614	$35,614

Israel Select Charity Fund Inc