HEALTHCARE FOR ISRAEL INC

EIN: 872127199 501(c)(3) Philanthropy & Grantmaking

BEVERLY HILLS, CA

Total Revenue
$670,009
Total Expenses
$880,531
Total Assets
$276,773
Net Assets
$276,773
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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
2021
Legal Domicile
CA
Principal Officer
JOSEPH COHEN
Phone
3109133420
Tax Period
2023-01-01 to 2023-12-31

HEALTHCARE FOR ISRAEL INC, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $670K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $881K exceeded revenue, resulting in a 31% operating deficit.

Mission

MISSION IS TO FUNDRAISE MONEY FOR BNAI ZION MEDICAL CENTER IN HAIFA

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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 $669,887
Program Service Revenue $0
Investment Income $122
Other Revenue $0
TOTAL REVENUE $670,009

Expense Breakdown

Grants Paid $840,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $840,000
Other Expenses $40,531
TOTAL EXPENSES $880,531

Year-over-Year Comparison

2023 2022 Change
Revenue $670,009 $535,024 +0.3%
Expenses $880,531 $93,191 +8.4%
Net Income $-210,522 $441,833 -1.5%
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
2
Independent Members
2
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC FLEISS PRESIDENT 2.00
Officer Director
$0 $0 $0
JOSEPH COHEN SECRETARY 2.00
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 $670,009 $880,531 $276,773 $-210,522
2022 $535,024 $93,191 $486,215 $441,833
2021 $89,313 $43,948 $45,110 $45,365
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