INTERNATIONAL SEPHARDIC EDUCATIONAL & CULTURAL CENTER IN JERUSALEM

EIN: 954821608 501(c)(3) Religion

LOS ANGELES, CA

Total Revenue
$1,271,254
Total Expenses
$807,804
Total Assets
$1,549,580
Net Assets
$1,545,334
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CA
Principal Officer
NEIL SHEFF ESQ
Phone
3232724574
Tax Period
2025-01-01 to 2025-12-31

INTERNATIONAL SEPHARDIC EDUCATIONAL & CULTURAL CENTER IN JERUSALEM, founded in 2000, is a community nonprofit in the Religion sector that reported $1.3M in total revenue in fiscal year 2025. Revenue surged 259% from the prior year, signaling strong growth momentum. The organization ran a surplus of $463K, a strong 36% operating margin.

Mission

THE SEC IS DEDICATED TO STRENGTHENING JEWISH INDENTIY FOR YOUTH AND YOUNG ADULTS, AND TO BUILDING A NEW GENERATION OF SPIRITUAL AND COMMUNITY LEADERS. FROM OUR HISTORIC CAMPUS IN THE OLD CITY OF JERUSALEM TO OUR VARIOUS DIASPORA BRANCHES, THE SEC'S PHILOSOPHY OF CLASSIC SEPHARDIC JUDIASM OFFERS JEWS AN OPPORTUNITY TO CONNECT WITH THEIR ROOTS IN A WARM, FRIENDLY AND POSITIVE ENVIRONMENT. AT THE SEC, TRADITION MEETS MODERNITY, AND THE TIMELESS VALUES OF INTELLECT, UNITY, COMPASSION AND TOLERANCE BLEND TO CREATE A MEANINGFUL CONNECTION TO JUDIASM, ISRAEL, AND THE JEWISH PEOPLE.

Program Service Accomplishments

Program 1
Expenses: $705,127

FINANCIAL SUPPORT TO SEPHARDIC EDUCATIONAL AND CULTURAL CENTER IN JERUSALEM. MEETINGS FOR RELIGIOUS EDUCATION. EDUCATIONAL/CULTURAL PROGRAMS FOR HIGH SCHOOL YOUTH, YOUNG ADULTS, YOUNG PROFESSIONALS...

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FINANCIAL SUPPORT TO SEPHARDIC EDUCATIONAL AND CULTURAL CENTER IN JERUSALEM. MEETINGS FOR RELIGIOUS EDUCATION. EDUCATIONAL/CULTURAL PROGRAMS FOR HIGH SCHOOL YOUTH, YOUNG ADULTS, YOUNG PROFESSIONALS AND ADULTS. PUBLICATIONS OF NEWSLETTER.

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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 (2025)

Revenue Breakdown

Contributions & Grants $438,204
Program Service Revenue $0
Investment Income $15,849
Other Revenue $817,201
TOTAL REVENUE $1,271,254

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $705,127
Other Expenses $807,804
TOTAL EXPENSES $807,804

Year-over-Year Comparison

2025 2024 Change
Revenue $1,271,254 $353,665 +2.6%
Expenses $807,804 $612,295 +0.3%
Net Income $463,450 $-258,630 -2.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEIL SHEFF ESQ President 15.00
Officer Director
$0 $0 $0
NIRA SAYEGH CFO 10.00
Officer Director
$0 $0 $0
STEVE NESSIM Director 2.00
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
2025 $1,271,254 $807,804 $1,549,580 $463,450
2024 $353,665 $612,295 $1,083,956 $-258,630
2023 $639,052 $403,369 $1,340,574 $235,683
2022 $391,880 $312,495 $1,104,831 $79,385
2021 $215,647 $337,808 $1,036,380 $-122,161
2020 $263,330 $294,023 $1,154,320 $-30,693
2019 $179,764 $420,269 $1,184,200 $-240,505
2018 $507,586 $406,977 $1,423,917 $100,609
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