Lev Berel Inc
EIN: 454551767 · Lakewood, NJ · NTEE: X30
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $3.3M |
| Net Assets | $2.7M |
Is Lev Berel Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lev Berel Inc
Lev Berel Inc (EIN: 454551767) is a nonprofit organization based in Lakewood, NJ, classified under NTEE code X30. The organization reported total revenue of $3.9M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lev Berel Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lev Berel Inc is a mid-size nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 35.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $3.3M |
| Surplus / Deficit | +$931K |
| Total Assets | $2.7M |
| Total Liabilities | $950 |
| Net Assets | $2.7M |
| Operating Margin | 21.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 9.6 months |
Financial Health Grade: A
In 2023, Lev Berel Inc reported a surplus of $931K with revenue exceeding expenses, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Lev Berel Inc's revenue has grown at a compound annual growth rate (CAGR) of 35.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.5% | -6.8% | +53.7% |
| 2022 | +37.3% | +1.0% | +435.0% |
| 2021 | +11.5% | +9.9% | +45.8% |
| 2020 | +7.6% | +6.1% | +22.7% |
| 2019 | -6.2% | -14.9% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lev Berel Inc 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 Lev Berel Inc 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 surplus of $931K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Lev Berel Inc
Is Lev Berel Inc a legitimate charity?
Lev Berel Inc (EIN: 454551767) is a registered tax-exempt nonprofit based in New Jersey. It has 11 years of IRS 990 filings on record. Total revenue: $3.9M. No red flags identified. Financial health grade: A.
How does Lev Berel Inc spend its money?
Lev Berel Inc reported $3.9M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lev Berel Inc tax-deductible?
Lev Berel Inc is registered as a tax-exempt nonprofit (EIN: 454551767). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lev Berel Inc located?
Lev Berel Inc is headquartered in Lakewood, New Jersey and files with the IRS under EIN 454551767. It is classified under NTEE code X30.
How many years of IRS 990 filings does Lev Berel Inc have?
Lev Berel Inc has 11 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 $3.9M in total revenue.
Filing History
IRS 990 filing history for Lev Berel Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Lev Berel Inc's revenue has grown by 1903.3%, moving from $212K to $4.2M. Total assets increased by 2103.3% over the same period, from $121K to $2.7M. Total functional expenses rose by 3252.6%, from $99K to $3.3M. In its most recent filing year (2023), Lev Berel Inc reported a surplus of $931K, with revenue exceeding expenses. The organization holds $950 in liabilities against $2.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $3.3M | $2.7M | $950 | — | — |
| 2022 | $5.0M | $3.6M | $1.7M | $948 | — | View 990 |
| 2021 | $3.6M | $3.5M | $324K | $3K | — | View 990 |
| 2020 | $3.2M | $3.2M | $222K | $656 | — | View 990 |
| 2019 | $3.0M | $3.0M | $181K | $3K | — | View 990 |
| 2018 | $3.2M | $3.5M | $181K | $837 | — | View 990 |
| 2017 | $3.5M | $3.4M | $510K | $537 | — | View 990 |
| 2016 | $3.6M | $3.7M | $395K | $3K | — | View 990 |
| 2015 | $3.3M | $3.1M | $514K | $0 | — | View 990 |
| 2014 | $3.5M | $3.3M | $332K | $0 | — | View 990 |
| 2013 | $212K | $99K | $121K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $3.3M, and assets of $2.7M (revenue -14.5% year-over-year).
- 2022: Revenue of $5.0M, expenses of $3.6M, and assets of $1.7M (revenue +37.3% year-over-year).
- 2021: Revenue of $3.6M, expenses of $3.5M, and assets of $324K (revenue +11.5% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.2M, and assets of $222K (revenue +7.6% year-over-year).
- 2019: Revenue of $3.0M, expenses of $3.0M, and assets of $181K (revenue -6.2% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.5M, and assets of $181K (revenue -8.5% year-over-year).
- 2017: Revenue of $3.5M, expenses of $3.4M, and assets of $510K (revenue -2.6% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.7M, and assets of $395K (revenue +8.4% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.1M, and assets of $514K (revenue -6.3% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.3M, and assets of $332K (revenue +1574.6% year-over-year).
- 2013: Revenue of $212K, expenses of $99K, and assets of $121K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lev Berel Inc:
Data Sources and Methodology
This transparency report for Lev Berel Inc 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.