YESHIVA OHAVEI TORAH OF RIVERDALE INC

EIN: 134077155 501(c)(3) Education

Bronx, NY

Total Revenue
$3,564,733
Total Expenses
$3,600,798
Total Assets
$243,194
Net Assets
$-271,906
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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
1998
Legal Domicile
NY
Principal Officer
YACCHOV TESSER
Phone
7184322600
Tax Period
2023-01-01 to 2023-12-31

YESHIVA OHAVEI TORAH OF RIVERDALE INC, founded in 1998, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2023.

Mission

MISSION OF YESHIVA OHAVEI TORAH IS TO ESTABLISH, MAINTAIN AND CONDUCT AN EDUCATIONAL INSTITUTION THTA WILL FOLLOW THE TENETS OF THE ORTHODOX JEWISH FAITH AND THAT WILL MAINTAIN THE HIGHEST EDUCATIONAL STANDARDS IN BOTH TEACHINGS

Program Service Accomplishments

Program 1
Expenses: $2,965,542

OUR MISSION IS TO EDUCATE STUDENTS IN BOTH THE STUDY OF TORAH AND SECULAR STUDIES BY PROMOTING RELIGIOUS, INTELLECTUAL, MORAL AND THE SOCIAL WELFARE OF ITS STUDENTS, FAMILIES AND THE ORTHODOX JEWSIH...

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OUR MISSION IS TO EDUCATE STUDENTS IN BOTH THE STUDY OF TORAH AND SECULAR STUDIES BY PROMOTING RELIGIOUS, INTELLECTUAL, MORAL AND THE SOCIAL WELFARE OF ITS STUDENTS, FAMILIES AND THE ORTHODOX JEWSIH COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,860,622
Program Service Revenue $1,704,111
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,564,733

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,173,911
Fundraising Expenses $0
Program Expenses $2,965,542
Other Expenses $2,426,887
TOTAL EXPENSES $3,600,798

Year-over-Year Comparison

2023 2022 Change
Revenue $3,564,733 $3,480,644 +0.0%
Expenses $3,600,798 $3,529,440 +0.0%
Net Income $-36,065 $-48,796 -0.3%
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
5
Independent Members
N/A
Employees
27
Volunteers
N/A

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
6
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH FINK PRESIDENT 010.00
Officer Director
$0 $0 $0
PHILLIP KATZ VICE PRESIDENT 010.00
Officer Director
$0 $0 $0
EDWARD LEBOVICS TRUSTEE 010.00
Director
$0 $0 $0
MOSES MARK TRUSTEE 010.00
Director
$0 $0 $0
MICHAEL RUBIN TRUSTEE 010.00
Director
$0 $0 $0
RABBI YAAKOV TESSER DIRECTOR 040.00
Officer Director Highest
$0 $0 $0
Y DAVID SHARF SECRETARY 010.00
Key Emp
$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
2024 No data No data No data No data
2023 $3,564,733 $3,600,798 $243,194 $-36,065
2022 $3,480,644 $3,529,440 $279,119 $-48,796
2021 $3,474,833 $3,532,420 $242,876 $-57,587
2020 $3,056,129 $3,219,465 $491,275 $-163,336
2019 $2,903,604 $3,027,140 $135,308 $-123,536
2018 $2,655,808 $3,003,567 $269,234 $-347,759
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