Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative
EIN: 471833304 · Brooklyn, NY · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $1.9M |
| Net Assets | $-98,879 |
Is Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative
Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative (EIN: 471833304) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code T30. The organization reported total revenue of $3.1M and total assets of $367K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative is a mid-size nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -16.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-291,122 |
| Total Assets | $77K |
| Total Liabilities | $176K |
| Net Assets | $-98,879 |
| Operating Margin | -18.4% |
| Debt-to-Asset Ratio | 228.3% |
| Months of Reserves | 0.5 months |
Financial Health Grade: D
In 2023, Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative reported a deficit of $291K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 228.3% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative's revenue has declined at a compound annual growth rate (CAGR) of -16.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.3% | -40.7% | -60.9% |
| 2022 | +30.7% | +50.6% | -69.8% |
| 2021 | +879.1% | +285.1% | -5.0% |
| 2020 | -73.9% | -42.7% | -45.9% |
| 2019 | -68.1% | -61.8% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $291K, with expenses exceeding revenue.
- Debt-to-asset ratio: 228.3%.
Frequently Asked Questions about Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative
Is Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative a legitimate charity?
Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative (EIN: 471833304) is a registered tax-exempt nonprofit based in New York. It has 7 years of IRS 990 filings on record. Total revenue: $3.1M. No red flags identified. Financial health grade: D.
How does Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative spend its money?
Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative reported $3.1M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative tax-deductible?
Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative is registered as a tax-exempt nonprofit (EIN: 471833304). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative located?
Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative is headquartered in Brooklyn, New York and files with the IRS under EIN 471833304. It is classified under NTEE code T30.
How many years of IRS 990 filings does Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative have?
Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.1M in total revenue.
Filing History
IRS 990 filing history for Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative's revenue has declined by 66.6%, moving from $4.7M to $1.6M. Total assets decreased by 93.1% over the same period, from $1.1M to $77K. Total functional expenses fell by 48.3%, from $3.6M to $1.9M. In its most recent filing year (2023), Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative reported a deficit of $291K, with expenses exceeding revenue. The organization holds $176K in liabilities against $77K in assets (debt-to-asset ratio: 228.3%), resulting in net assets of $-98,879.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.9M | $77K | $176K | — | — |
| 2022 | $2.7M | $3.2M | $197K | $5K | — | — |
| 2021 | $2.1M | $2.1M | $653K | $0 | — | View 990 |
| 2020 | $211K | $545K | $687K | $313 | — | — |
| 2019 | $807K | $950K | $1.3M | $250K | — | View 990 |
| 2018 | $2.5M | $2.5M | $1.2M | $456 | — | View 990 |
| 2017 | $4.7M | $3.6M | $1.1M | $246 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.9M, and assets of $77K (revenue -41.3% year-over-year).
- 2022: Revenue of $2.7M, expenses of $3.2M, and assets of $197K (revenue +30.7% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.1M, and assets of $653K (revenue +879.1% year-over-year).
- 2020: Revenue of $211K, expenses of $545K, and assets of $687K (revenue -73.9% year-over-year).
- 2019: Revenue of $807K, expenses of $950K, and assets of $1.3M (revenue -68.1% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.5M, and assets of $1.2M (revenue -46.6% year-over-year).
- 2017: Revenue of $4.7M, expenses of $3.6M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative:
Data Sources and Methodology
This transparency report for Keren Gemilas Chasodim Foundation Greater Lakewood Health Initiative is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.