Jewish Free Loan Association
Nonprofit profile at a glance
- EIN
- 951691014
- IRS 990 coverage
- 2012–2025
- Forms available
- Form 990 2025
- Location
- Los Angeles, CA, USA
- Phone
- 3237618830
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Affiliation
- Judaism
Reported finances
- Revenue
- $2,241,678
- Expenses
- $912,166
- Assets
- $32,775,806
- Liabilities
- $1,893,995
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- BRANDON LEVIN (PRESIDENT)
- IVAN KALLICK (1ST VICE PRESIDENT)
- DAVID HORVITZ (2ND VICE PRESIDENT)
- RACHEL B GROSE (EXECUTIVE DIRECTOR)
Highest reported compensation
- RACHEL B GROSE (EXECUTIVE DIRECTOR): $319,629 total reported compensation
- ADAM LEVINE (DIRECTOR OF FINANCE): $157,400 total reported compensation
- JENNIFER YOMTOV (DIRECTOR OF ADVANCEMENT): $145,481 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The jewish free loan association of los angeles (jfla) offers interest-free loans on a non-sectarian basis to individuals and families whose needs are urgent and who may not qualify through normal financial resources. (see continuation on schedule o)interest-free loans instead of charity fill an important gap in our social system by promoting self-sufficiency with dignity.
What it reported doing in 2025
No-fee, no-interest loansin fiscal year ended 2025 (09/01/25 through 12/31/25), the jewish free loan association of los angeles (jfla) made 954 loans for $13,565,123.as of december 31, 2025, the organization had an outstanding loan balance of $22,790,077 meaning at that point, they had invested nearly $23 million in the los angeles, ventura, and santa barbara communities.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 11
- Transparency & Controls: 70
- Accountability: 91
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 7.9%; rating input score 8
- Program expense ratio: 19%; rating input score 19
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 59.3%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 35.93; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 83.3%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: 0% per year; rating input score 100; 12th percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 40th percentile among comparable filings
- Asset growth: 5.3% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 7.9% of revenue deployed · 19% of spending went to programs
- Governance: 13 of 13 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $173K in reported program spending
- Leadership: top reported pay $320K · 17 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $240K reported
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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 — Financial Efficiency: Mission deployment rate scored 8/100.
- High — Financial Efficiency: Program expense ratio scored 19/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.