THE WELL IN MEMORY OF THE SASSOON CHILDREN (EIN 843574021) - 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

GAYLE SASSOON

Phone

3477136536

Tax Period

2023-01-01 to 2023-12-31

THE WELL IN MEMORY OF THE SASSOON CHILDREN, founded in 2019, is a small nonprofit in the Religion sector that reported $367K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $89K, a strong 24% operating margin.

Mission

TO PROVIDE EDUCATIONAL CLASSES TO JEWISH SEPHARDIC WOMEN FROM BROOKLYN, MANHATTAN, AND NEW JERSEY TO LEARN ABOUT THIER HERITAGE, ACQUIRE NEW LIFE SKILLS, AND DELVE DEEP INTO THE NUANCES OF THIER RELIGION.

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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 $174,099

Program Service Revenue $279,900

Investment Income $12

Other Revenue $-87,011

TOTAL REVENUE $367,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,596

Fundraising Expenses $3,582

Program Expenses $56,189

Other Expenses $193,328

TOTAL EXPENSES $277,924

Year-over-Year Comparison

	2023	2022	Change
Revenue	$367,000	$511,534	-0.3%
Expenses	$277,924	$516,036	-0.5%
Net Income	$89,076	$-4,502	-20.8%

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

Volunteers

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

$33,763

Total Directors

$33,763

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GAYLE SASSOON	DIRECTOR	1.00	Officer Director	$30,163	$0	$30,163
MICHAEL JEMAL	DIRECTOR	1.00	Officer Director	$0	$0	$0
RABBI MEYER YEDID	DIRECTOR	1.00	Officer Director	$3,600	$0	$3,600

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	$367,000	$277,924	$339,505	$89,076
2022	$511,534	$516,036	$381,436	$-4,502
2021	$601,360	$569,300	$409,623	$32,060

THE WELL IN MEMORY OF THE SASSOON CHILDREN