Rina & Samuel M Frankel Family Foundation

Nonprofit profile at a glance

EIN
311502121
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Cleveland, OH, USA
Phone
2165932900
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Private Independent Foundations
Affiliation
Judaism

Reported finances

Revenue
$8,775
Expenses
$46,583
Assets
$678,388
Liabilities
$456,473

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

Leadership & pay

13 people listed

Executive titles in this filing

  • RINA FRANKEL (TRUSTEE/PRESIDENT)
  • SHARON KOLTIN (TRUSTEE/VICE PRESIDENT)
  • MARILYN OIF (TRUSTEE/VICE PRESIDENT)
  • STEVEN FRANKEL (TRUSTEE/VICE PRESIDENT)

Highest reported compensation

  • MOZELLE JACKSON (TREASURER): $340,473 total reported compensation
  • MINDEE FREDMAN (ASSISTANT SECRETARY AS OF 9/12/2024): $215,216 total reported compensation
  • KARI BLUMENTHAL (ASSISTANT TREASURER): $183,816 total reported compensation

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

Overview

Mission

Further the charitable, educational and religious purposes of the jewish federation of cleveland ("federation").

What it reported doing in 2024

Grants to 501(c)(3) organizations made to support the charitable, educational and religious purposes of the jewish federation of cleveland ("federation").

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 48
  • Accountability: 72
  • Sustainability: 26
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.5%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 22nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Pass
    • Requires grant agreements: Pass
    • May require repayment: Limited
  • Grant itemization coverage: 30.3%; rating input score 30; 42nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 25th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -430.9%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 14.56; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.67; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 304.2%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 0.4% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: -31.2% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -3.8% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.5% of spending went to programs
  • Governance: 8 of 10 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $46K in reported program spending
  • Leadership: top reported pay $340K · 13 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 16 of 18 current checks pass · 2 findings to review
  • Schedules: 7 filed schedules · includes foreign activity, grants, and executive pay
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 51 filed related-organization links
  • 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: Pay-setting controls scored 0/100.
  • Moderate — Transparency & Controls: Grant itemization coverage scored 30/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.