Milwaukee Jewish Free Loan Association
Nonprofit profile at a glance
- EIN
- 264557997
- IRS 990 coverage
- 2019–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Milwaukee, WI, United States
- Phone
- 414-961-1500
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Emergency Assistance
- Affiliation
- Judaism
Reported finances
- Revenue
- $383,051
- Expenses
- $198,960
- Assets
- $1,426,676
- Liabilities
- $47,279
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- SARAH PLATT (PRESIDENT)
- ZACHARY GALICKI (PRESIDENT)
- ANNA KOENIG (EXECUTIVE DIRECTOR)
People named in this filing
- SARAH PLATT (PRESIDENT)
- ZACHARY GALICKI (PRESIDENT)
- MARLENE LAUWASSER (CO VP DEVELOPMENT)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Milwaukee Jewish Free Loan Association, inspired by Jewish values, empowers people with temporary financial needs to achieve their goals by offering interest-free loans on a non-sectarian basis. Vision Statement:. Milwaukee Jewish Free Loan Association sees a future in which members of the community benefit from interest-free loans provided by a community-supported revolving loan fund. History: MJFLA was founded by Ginny Gendelman in 2009. After researching all the agencies of the International Association of Hebrew Free Loans (now International Association of Jewish Free Loans), developing the necessary documents and systems with Lynne Pearson and help from other community members, and acquiring 501(c)3 status, a meeting was held with 36 community members at the home of Linda and Dan Bader. Six couples and one anonymous donor provided the money to establish the initial loan fund...
What it reported doing in 2025
Charity to make interest-free loans to help people with temporary financial needscharity to make interest-free loans to help people with temporary financial needs
Operating model
- Revenue model
- Donor-supported. 99% 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.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.5%; rating input score 52
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- 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; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 48.1%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 7.17; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 5.3% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 13% per year; rating input score 100; 71st percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 52.5% of revenue deployed · 100% of spending went to programs
- Governance: 14 of 14 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $199K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 6 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.