Title:

Jewish Community Center Of San Francisco, California; Non-Profit Organizations

Price:$400.00
Publication Date:May 01, 2008
Report Type:Full Report
Abstract:Standard&Poor's Ratings Services assigned its 'A' issuer credit rating (ICR) to the Jewish Community Center of San Francisco (JCCSF). The rating reflects: History as one of the oldest and largest Jewish Community Centers in the country with strong reputation in the San Francisco Bay Area; Strong demand for its programs and events, with capacity enrollment for the fitness center and pre-school programs, and 13,626 total center members as of January 2008; Annual operational surpluses, with a $2.5 million change in unrestricted net assets from operations in fiscal 2007; and Good liquidity for the rating with unrestricted resources of $69.4 million covering nearly 2.5x operating expenses and 115% of debt. Offsetting factors include: Low endowment of $13.8 million; and
Brief Excerpt:RESEARCH Ratings Definitions Jewish Community Center Of San Francisco, California; Non-Profit Organizations Publication date: ##-May-#### Primary Credit Analyst: Jessica Matsumori, San Francisco (#) ###-###-####; jessica_matsumori@standardandpoors.com...
Word Count:1293
Issuer:Jewish Comnty Ctr of San Francisco
Sector:Public Finance
Country:United States
Region:United States
Format:HTML HTML
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