FRIENDS OF CHABAD VOCATIONAL SCHOOLS INC

EIN: 113484514 501(c)(3) International Affairs

BROOKLYN, NY

Total Revenue
$142,833
Total Expenses
$153,709
Total Assets
$47,837
Net Assets
$47,837
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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
1999
Legal Domicile
NY
Principal Officer
DAVID LAINE
Tax Period
2019-07-01 to 2020-06-30

FRIENDS OF CHABAD VOCATIONAL SCHOOLS INC, founded in 1999, is a small nonprofit in the International Affairs sector that reported $143K in total revenue in fiscal year 2019. Revenue decreased 20% compared to the prior year.

Mission

RAISE FUNDS TO AID VOCATIONAL SCHOOLS

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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 (2019)

Revenue Breakdown

Contributions & Grants $142,833
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $142,833

Expense Breakdown

Grants Paid $65,000
Salaries & Benefits $0
Fundraising Expenses $26,995
Program Expenses $81,342
Other Expenses $88,709
TOTAL EXPENSES $153,709

Year-over-Year Comparison

2019 2018 Change
Revenue $142,833 $177,554 -0.2%
Expenses $153,709 $233,461 -0.3%
Net Income $-10,876 $-55,907 -0.8%
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
3
Independent Members
1
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID LAINE DIRECTOR 0.00
Officer
$0 $0 $0
HENYA LAINE SECRETARY TREASURER 0.00
Officer
$0 $0 $0
HERSH ZARCHI DIRECTOR 0.00
Officer
$0 $0 $0
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
2020 $142,833 $153,709 $47,837 $-10,876
2019 $177,554 $233,461 $58,713 $-55,907
2018 $188,373 $183,600 $114,620 $4,773
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