The Milton and Lois Shiffman Family Support Foundation

Nonprofit profile at a glance

EIN
382824407
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2019, Form 990-EZ 2024
Location
Bloomfield Hills, MI, USA
Phone
2486424260
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Affiliation
Judaism

Reported finances

Revenue
$9,684
Expenses
$24,693
Assets
$145,611
Liabilities
$334,293

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

Leadership & pay

8 people listed

Executive titles in this filing

  • GARY SHIFFMAN (PRESIDENT, DIRECTOR)
  • GAIL SHIFFMAN HENNES (VICE PRESIDENT, DIRECTOR)

People named in this filing

  • GARY SHIFFMAN (PRESIDENT, DIRECTOR)
  • GAIL SHIFFMAN HENNES (VICE PRESIDENT, DIRECTOR)
  • STEVEN INGBER (SECRETARY, DIRECTOR)

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

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

Overview

Mission

To support the jewish community and the community as a whole.

What it reported doing in 2024

Grants and awards are given to charitable organizations.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. 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: 0
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -155%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 5.9; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 2.3; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -2.7% per year; rating input score 0; 41st percentile among comparable filings
  • Revenue growth: 0.4% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 9.2% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 60 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.