Friends of Halonot Inc

EIN: 853911423 501(c)(3) Public & Societal Benefit

New York, NY

Total Revenue
$2,363,308
Total Expenses
$2,173,794
Total Assets
$249,634
Net Assets
$225,819
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NY
Principal Officer
Estee Friedman-Stefansky
Phone
2127376800
Tax Period
2023-01-01 to 2023-12-31

Friends of Halonot Inc, founded in 2021, is a community nonprofit in the Public & Societal Benefit sector that reported $2.4M in total revenue in fiscal year 2023. Expenses of $2.2M left a modest 8% surplus.

Mission

Support of Friends of Halonot is a post high-school education institution for women located in Jerusalem, Israel. The organization's mission is to recruit, educate and inspire young jewish women to learn and further connect with Judaism.

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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 $34,850
Program Service Revenue $2,328,457
Investment Income $1
Other Revenue $0
TOTAL REVENUE $2,363,308

Expense Breakdown

Grants Paid $1,100,202
Salaries & Benefits $19,444
Fundraising Expenses $0
Program Expenses $1,945,365
Other Expenses $1,054,148
TOTAL EXPENSES $2,173,794

Year-over-Year Comparison

2023 2022 Change
Revenue $2,363,308 N/A N/A
Expenses $2,173,794 N/A N/A
Net Income $189,514 N/A N/A
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
4
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Estee Friedman-Stefansky Director 0.25
Director
$0 $0 $0
Rachel Stefansky Director 0.25
Director
$0 $0 $0
Michelle Goldman Director 0.25
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 $2,363,308 $2,173,794 $249,634 $189,514
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