American Friends of Venatenu Inc

EIN: 851370157 501(c)(3) Arts, Culture & Humanities

Miami, FL

Total Revenue
$480,449
Total Expenses
$545,289
Total Assets
$95,923
Net Assets
$95,923
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
FL
Principal Officer
David Goldis
Phone
9549649220
Tax Period
2023-01-01 to 2023-12-31

American Friends of Venatenu Inc, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $480K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $545K exceeded revenue, resulting in a 13% operating deficit.

Mission

Charitable giving to qualifying organizations and benevolent assistance to needy individuals. Focus on Florida, Israel, Uruguay, and Argentina.

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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 $480,449
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $480,449

Expense Breakdown

Grants Paid $504,578
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $528,302
Other Expenses $40,711
TOTAL EXPENSES $545,289

Year-over-Year Comparison

2023 2022 Change
Revenue $480,449 $549,699 -0.1%
Expenses $545,289 $433,093 +0.3%
Net Income $-64,840 $116,606 -1.6%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ezequiel Ioffe Secretary 0.10
Officer Director
$0 $0 $0
David Goldis Treasurer 0.10
Officer Director
$0 $0 $0
Elias Meta Director 0.10
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 No data No data No data No data
2023 $480,449 $545,289 $95,923 $-64,840
2022 $549,699 $433,093 $160,762 $116,606
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