American Friends of Sheba Medical Center Inc

Overview

Mission

Throughout the years, american friends of sheba medical center has shown incredible dedication to the innovative and integrated medical care that sheba medical center provides to each and every patient. Our partnership helps sheba to deliver the highest standards of medicine, research, and technology benefitting israel and the entire world.

What it reported doing in 2024

During 2024, afsmc continued to raise awareness and philanthropic support, across the u.s., for sheba medical center's compassionate clinical care, comprehensive educational training, cutting edge research and innovation for the advancement of medicine.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 94% of its reported program spending out as grants.

Nonprofit profile at a glance

EIN
237076117
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Headquarters
Los Angeles, CA, USA
Phone
3108380704
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Medical Disciplines

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 69
  • Accountability: 100
  • Sustainability: 24
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.1%; rating input score 93
  • Program expense ratio: 82.7%; rating input score 83
  • Fundraising efficiency: $15.32 raised per $1 spent on fundraising; rating input score 50; 50th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 41st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -12.5%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.85; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 6.5%; rating input score 39; 39th percentile among comparable filings

Growth

  • Program expense growth: 28.6% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 23.2% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 25.3% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 93.1% of revenue deployed · 82.7% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $21.5M in reported program spending
  • Leadership: top reported pay $597K · 23 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.6M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 15 annual filings from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Leadership & pay

23 people listed

Highest reported compensation

  • BRIAN ABRAHAMS (CEO THROUGH AUGUST 2024): $596,658 total reported compensation
  • MELISSA SARAGOSTI (REGIONAL DIRECTOR): $222,590 total reported compensation
  • JESSICA ROZENTAL (REGIONAL DIRECTOR): $219,841 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.