CROWN HEIGHTS PRESERVATION COMMITTEE CORP

EIN: 112322490 501(c)(3)

BROOKLYN, NY

Total Revenue
$780,507
Total Expenses
$713,510
Total Assets
$158,677
Net Assets
$137,771
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NY
Principal Officer
SHIMON HERZ
Phone
7187749213
Tax Period
2022-07-01 to 2023-06-30

CROWN HEIGHTS PRESERVATION COMMITTEE CORP, founded in 1979, is a small nonprofit that reported $781K in total revenue in fiscal year 2022. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $714K left a modest 9% surplus.

Mission

SPONSOR AND MAINTAIN SHALOM SENIOR CITIZEN CENTER, WHICH SERVES BREAKFAST AND LUNCH FIVE DAYS A WEEK TO THE ELDERLY AND DELIVERS MEALS TO THE HOMEBOUND.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $664,862
Program Service Revenue $0
Investment Income $14
Other Revenue $115,631
TOTAL REVENUE $780,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $366,441
Fundraising Expenses $0
Program Expenses $539,891
Other Expenses $347,069
TOTAL EXPENSES $713,510

Year-over-Year Comparison

2022 2021 Change
Revenue $780,507 $601,255 +0.3%
Expenses $713,510 $608,788 +0.2%
Net Income $66,997 $-7,533 -9.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
8
Volunteers
5

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
4
$70,355
Key Employees
1
$70,355
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ISAAC TAMIR CHAIRMAN 3.00
Officer Director
$0 $0 $0
FISHEL BROWNSTEIN TREASURER 3.00
Officer Director
$0 $0 $0
YOSSI HACKNER SECRETARY 3.00
Officer Director
$0 $0 $0
LEVI BAUMGARTEN TRUSTEE 1.00
Officer
$0 $0 $0
DANNY BRANOVER TRUSTEE 1.00
Officer
$0 $0 $0
SHIMON HERZ EXECUTIVE DIRECTOR 40.00
Director Key Emp
$70,355 $0 $70,355
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $780,507 $713,510 $158,677 $66,997
2022 $601,255 $608,788 $124,678 $-7,533
2021 $510,057 $514,195 $109,673 $-4,138
2020 $574,781 $563,616 $91,762 $11,165
2019 $549,270 $558,700 $77,427 $-9,430
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