SEPHARDIC MEDICAL RESOURCES INC (EIN 873994607) - 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

2021

Legal Domicile

Principal Officer

ABE SUTTON

Phone

2129971234

Tax Period

2023-01-01 to 2023-12-31

SEPHARDIC MEDICAL RESOURCES INC, founded in 2021, is a small nonprofit in the Health Care sector that reported $248K in total revenue in fiscal year 2023. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 329% operating deficit.

Mission

TO PROVIDE MEDICAL REFERRALS AS WELL AS CRISIS AND CASE MANAGEMENT TO THE SYRIAN SEPHARDIC COMMUNITIES IN NY AND NJ, COMPLETELY FREE OF CHARGE AS WELL AS SUPPORT TO JEWISH, RELIGIOUS, CHARITABLE ORGANIZATIONS WORLDWIDE.

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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 $247,613

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $247,613

Expense Breakdown

Grants Paid $937,000

Salaries & Benefits $0

Fundraising Expenses $12,036

Program Expenses $937,000

Other Expenses $124,218

TOTAL EXPENSES $1,061,218

Year-over-Year Comparison

	2023	2022	Change
Revenue	$247,613	$2,794,806	-0.9%
Expenses	$1,061,218	$745,961	+0.4%
Net Income	$-813,605	$2,048,845	-1.4%

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

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
EZRA ZAAFARANI	TREASURER	30.00	Officer Director	$0	$0	$0
ABE SUTTON	DIRECTOR	9.00	Officer Director	$0	$0	$0
HARRY ADJMI	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN HOFFMAN	DIRECTOR	30.00	Director	$0	$0	$0
NORMAN JEMEL	DIRECTOR	9.00	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	$247,613	$1,061,218	$1,266,225	$-813,605
2022	$2,794,806	$745,961	$2,082,030	$2,048,845

SEPHARDIC MEDICAL RESOURCES INC