SANFORD, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ARAM SOBA RAANANA INC, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $200K in total revenue in fiscal year 2025. Expenses of $314K exceeded revenue, resulting in a 57% operating deficit.
THE PURPOSE FOR WHICH THE CORPORATION EXISTS IS TO MAINTAIN THE AGE-OLD SEPHARDIC JEWRY CUSTOMS AND TRADITIONS ESTABLISHED IN ALEPPO, SYRIA, KNOWN AS "ARAM SOBA," INCLUDING THROUGH EDUCATION, SUPPORTING RELIGIOUS ORGANIZATIONS FOLLOWING THE ARAM SOBA TRADITIONS AND HISTORICAL RESEARCH, AND LAWFULLY DOING ANY AND ALL THINGS NECESSARY, SUITABLE AND PROPER FOR THE ACCOMPLISHMENT OF THIS PURPOSE. NOTWITHSTANDING THE FOREGOING, HOWEVER, THE CORPORATION SHALL NEITHER HAVE NOR EXERCISE ANY POWER OR AUTHORITY, EITHER EXPRESSLY, BY INTERPRETATION OR BY OPERATION OF LAW, NOR DIRECTLY OR INDIRECTLY ENGAGE IN ANY ACTIVITY, THAT WOULD PREVENT IT FROM QUALIFYING (AND CONTINUING TO QUALIFY) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
THE GENERAL PURPOSE OF THE ORGANIZATION IS TO IS TO MAINTAIN THE AGE-OLD SEPHARDIC JEWRY CUSTOMS AND TRADITIONS ESTABLISHED IN ALEPPO, SYRIA, INCLUDING THROUGH EDUCATION, SUPPORTING RELIGIOUS...
THE GENERAL PURPOSE OF THE ORGANIZATION IS TO IS TO MAINTAIN THE AGE-OLD SEPHARDIC JEWRY CUSTOMS AND TRADITIONS ESTABLISHED IN ALEPPO, SYRIA, INCLUDING THROUGH EDUCATION, SUPPORTING RELIGIOUS ORGANIZATIONS FOLLOWING THE ARAM SOBA TRADITIONS AND HISTORICAL RESEARCH. MULTIPLE FAMILIES MAINTAINING THE ARAM SOBA TRADITIONS HAVE RECENTLY EMIGRATED TO THE ISRAELI CITY OF RAANANA (ABOUT 12 MILES NORTH OF TEL AVIV). THE COMMUNITY WILL NEED A SYNAGOGUE AND CULTURAL CENTER TO MAINTAIN THEIR ANCIENT TRADITIONS. OTHERWISE, THE COMMUNITY WILL DISPERSE AND ASSIMILATE TO OTHER TRADITIONS. THE ORGANIZATION WILL FUND THE RENTAL OF SPACE AND RENOVATION OF THAT SPACE FOR A SYNAGOGUE THAT WILL BE CONDUCTED SOLELY IN THE ARAM SOBA TRADITION. IT WILL ALSO FUND THE LONG PROCESS TO OBTAIN CHARITABLE STATUS OF THE SYNAGOGUE IN ISRAEL. THIS WILL BE THE SOLE INITIAL ACTIVITY OF THE ORGANIZATION AND 100 PERCENT OF ITS FUNDS AND EFFORTS WILL BE DEDICATED TO THE PROJECT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $200,323 | $186,440 | +0.1% |
| Expenses | $313,542 | $289,225 | +0.1% |
| Net Income | $-113,219 | $-102,785 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOSEPH HADDAD | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| IRVING SASSOON | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOMER YAHID | TREAS SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $200,323 | $313,542 | $50,983 | $-113,219 |
| 2023 | $640,507 | $603,557 | $266,987 | $36,950 |
| 2022 | $215,470 | $185,433 | $30,037 | $30,037 |
Compare ARAM SOBA RAANANA INC with other nonprofits in North Carolina and across the country.