The Jewish Week Inc C/o Cerini & Associates

Nonprofit profile at a glance

EIN
133228834
IRS 990 coverage
2019–2020
Forms available
Form 990 2020
Location
Bohemia, NY, USA
Phone
2129217822
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Judaism

Official website

Reported finances

Revenue
$2,929,514
Expenses
$4,760,773
Assets
$0
Liabilities
$2,505,215

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • KAI FALKENBERG (PRESIDENT)
  • RICHARD WALOFF (VICE PRESIDENT)
  • ANDREW SILOW-CARROLL (VICE PRESIDENT)
  • GARY ROSENBLATT (FORMER VICE PRESIDENT)

Highest reported compensation

  • ANDREW SILOW-CARROLL (VICE PRESIDENT): $170,000 total reported compensation
  • THEA WIESELTIER (DIRECTOR OF STRATEGIC PROJECTS): $103,265 total reported compensation
  • RICHARD WALOFF (VICE PRESIDENT): $96,075 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The nature of the activities and purposes of this corporation are to be limited to activities as set forth within the meaning of section 501 (c)(3) of the internal revenue code. In furtherance of the activities set forth, the corporation operates and conducts a newspaper, "the jewish week" as a comunity publication serving the interests of the jewish community within, but not limited to, the greater New York area. The corporation gathers and disseminates news relating to local, national and international events, prints articles and stories by prominent persons in the field of philanthropy, education, religion, science, research and development, health and medicine in an effort to educate, support, promote and inform its readers.

What it reported doing in 2020

The corporation publishes "the jewish week", an independent community newspaper. The newspaper is recognized widely as the largest and most respected jewish newspaper in america. The jewish week reports on news, trends, features and analysis from israel as well as throughout the New York metropolitan area. The jewish week seeks to build and strengthen the jewish community while championing an agressive and independent press; the newspaper is in support of, but not limited to, the jewish community.during the year-ended december 31, 2020, the corporation ceased operations.

Operating model

Revenue model
Earned-program. 83% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 83
  • Accountability: 77
  • Sustainability: 4
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.9%; rating input score 98
  • Program expense ratio: 60.3%; rating input score 60
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 71st 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; 64th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -62.5%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 9.1%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: 86.4% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 96.7% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 97.9% of revenue deployed · 60.3% of spending went to programs
  • Governance: 19 of 19 board members independent · 4 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.9M in reported program spending
  • Leadership: top reported pay $170K · 19 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 2 filing years from 2019 to 2020
  • Contacts: How to reach this organization
  • Money network: 5 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.

  • Moderate — Accountability: Governance controls: 4 of 8 not reported.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.