AMERICAN FRIENDS OF KORET ISRAEL ECONOMIC DEVELOPMENT FUNDS (EIN 943201147) - 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

1994

Legal Domicile

Principal Officer

MARLENA WONG

Phone

4158827740

Tax Period

2019-01-01 to 2019-12-31

AMERICAN FRIENDS OF KORET ISRAEL ECONOMIC DEVELOPMENT FUNDS, founded in 1994, is a micro nonprofit that reported $18K in total revenue in fiscal year 2019. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $348K exceeded revenue, resulting in a 1848% operating deficit.

Mission

TO FACILITATE ACCESS TO FUNDING FOR CAPITAL & OPS, PRIMARILY THRU KIEDF, TO QUALIFYING ENTERPRISES IN ORDER TO FOSTER ECONOMIC DEVELOPMENT & EMPLOYMENT IN ISRAEL.

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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 (2019)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $0

Investment Income $7,882

Other Revenue $0

TOTAL REVENUE $17,882

Expense Breakdown

Grants Paid $200,000

Salaries & Benefits $12,946

Fundraising Expenses $4,500

Program Expenses $301,119

Other Expenses $135,461

TOTAL EXPENSES $348,407

Year-over-Year Comparison

	2019	2018	Change
Revenue	$17,882	$227,895	-0.9%
Expenses	$348,407	$377,617	-0.1%
Net Income	$-330,525	$-149,722	+1.2%

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

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

$8,903

Total Directors

$8,903

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marlena Wong	Treasurer/Secretary	2.0	Officer Director	$8,903	$0	$8,903
Jeffrey A Farber	President	1.0	Officer Director	$0	$0	$0
Stephen M Grand	Director	1.0	Director	$0	$0	$0
Anita Friedman	Director	1.0	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
2019	$17,882	$348,407	$575,583	$-330,525
2018	$227,895	$377,617	$939,020	$-149,722

AMERICAN FRIENDS OF KORET ISRAEL ECONOMIC DEVELOPMENT FUNDS