INTERNATIONAL SEPHARDIC EDUCATIONAL & CULTURAL CENTER IN JERUSALEM (EIN 954821608) - 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

2000

Legal Domicile

Principal Officer

NEIL SHEFF ESQ

Phone

3232724574

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL SEPHARDIC EDUCATIONAL & CULTURAL CENTER IN JERUSALEM, founded in 2000, is a small nonprofit in the Religion sector that reported $354K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $612K exceeded revenue, resulting in a 73% operating deficit.

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.

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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 (2024)

Revenue Breakdown

Contributions & Grants $288,785

Program Service Revenue $0

Investment Income $16,726

Other Revenue $48,154

TOTAL REVENUE $353,665

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $540,578

Other Expenses $612,295

TOTAL EXPENSES $612,295

Year-over-Year Comparison

	2024	2023	Change
Revenue	$353,665	$639,052	-0.4%
Expenses	$612,295	$403,369	+0.5%
Net Income	$-258,630	$235,683	-2.1%

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

Total Directors

Key Employees

Highest Compensated

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
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

INTERNATIONAL SEPHARDIC EDUCATIONAL & CULTURAL CENTER IN JERUSALEM