Friends of Tel Aviv Sourasky Medical Center Inc

Nonprofit profile at a glance

EIN
133310053
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Edison, NJ, USA
Phone
7327771158
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$16,961,840
Expenses
$14,791,137
Assets
$6,398,127
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • ROXANNE MOFAZ (CO-PRESIDENT)
  • SHAY ZAFRAN (CO-PRESIDENT)

People named in this filing

  • ARTURO CONSTANTINER MD (DIRECTOR)
  • ROXANNE MOFAZ (CO-PRESIDENT)
  • SHAY ZAFRAN (CO-PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The friends of the tel aviv sourasky medical center helps to raise support for projects that are chosen based upon the priorities set by the tel aviv sourasky medical center. Dedicated to the medical center's development and success, friends of the tel aviv sourasky medical center has been instrumentall in raising support for major projects, including the establishment of new wards, the purchase of life-saving equipment and the support of groundbreaking research. The tel aviv sourasky medical center (tasmc), also known as ichilov, was established in 1912 as the municipal hospital of tel aviv. In 1980, tasmc became a municipal/governmental institution, and is now the largest acute care facility in the country. The medical center has 1,500 patient beds, 8,000 employees and serves a population of close to one million residents, tourists and commuters in the greater tel aviv area.

What it reported doing in 2024

Support medical research and education, provide medical equipment and maintain facilities for the tel aviv sourasky medical center and/or any other qualified medical expense by the board of directors.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 75
  • Accountability: 94
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.5%; rating input score 86
  • Program expense ratio: 99.2%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Limited
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd 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: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 12.8%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 99; 99th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: 17.1% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 16.3% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 24.5% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 86.5% of revenue deployed · 99.2% of spending went to programs
  • Governance: 5 of 5 board members independent · 6 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $14.7M in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules · includes major donors and foreign activity
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.