HAMASPIK OF KINGS COUNTY INC

EIN: 161522895 501(c)(3) Human Services

BROOKLYN, NY

Total Revenue
$195,518,191
Total Expenses
$189,150,931
Total Assets
$180,328,352
Net Assets
$75,974,132
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
TZVI WERTHEIMER
Phone
7183878400
Tax Period
2024-07-01 to 2025-06-30

HAMASPIK OF KINGS COUNTY INC, founded in 1997, is a major nonprofit in the Human Services sector that reported $195.5M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $189.2M left a modest 3% surplus.

Mission

TO PROVIDE HEALTH AND HUMAN SERVICES FOR INDIVIDUALS IN NEED, ENABLING THEM TO ACHIEVE THEIR HIGHEST POTENTIAL AND ENHANCE THE QUALITY OF THEIR LIVES TO THE FULLEST. HAMASPIK'S WORK IS CARRIED ON IN AN ATMOSPHERE OF COMPASSION AND PROFESSIONALISM.

Program Service Accomplishments

Program 1
Expenses: $22,250,708 Revenue: $21,610,005

HCBS RESPITE: PROVISION OF TEMPORARY, SHORT-TERM RELIEF FOR FAMILIES AND CARE PROVIDERS WHICH ENABLES THEM TO ARRANGE FOR THEIR VACATIONS, EMERGENCY COVERAGE IN THE EVENT OF FAMILY OR PROVIDER...

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HCBS RESPITE: PROVISION OF TEMPORARY, SHORT-TERM RELIEF FOR FAMILIES AND CARE PROVIDERS WHICH ENABLES THEM TO ARRANGE FOR THEIR VACATIONS, EMERGENCY COVERAGE IN THE EVENT OF FAMILY OR PROVIDER ILLNESS OR DEATH, OR FOR A BREAK FROM CONSTANT, INTENSIVE PARTICIPANT CARE AND SUPERVISION.

Program 2
Expenses: $26,216,364 Revenue: $24,145,793

COMMUNITY HABILITATION: HOURLY COMMUNITY HABILITATION SERVICES ARE HABILITATION SERVICES THAT ARE PROVIDED TO INDIVIDUALS WHO DO NOT RESIDE IN A RESIDENCE WHICH IS CERTIFIED OR OPERATED BY OPWDD...

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COMMUNITY HABILITATION: HOURLY COMMUNITY HABILITATION SERVICES ARE HABILITATION SERVICES THAT ARE PROVIDED TO INDIVIDUALS WHO DO NOT RESIDE IN A RESIDENCE WHICH IS CERTIFIED OR OPERATED BY OPWDD. SUPPORTS INCLUDE ADAPTIVE SKILL DEVELOPMENT, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING (HANDS-ON), COMMUNITY INCLUSION AND RELATIONSHIP BUILDING, TRAINING AND SUPPORT FOR INDEPENDENCE IN TRAVEL, TRANSPORTATION, ADULT EDUCATIONAL SUPPORTS, DEVELOPMENT OF SOCIAL SKILLS, LEISURE SKILLS, SELF-ADVOCACY AND INFORMED CHOICE SKILLS, AND APPROPRIATE BEHAVIOR DEVELOPMENT TO HELP THE INDIVIDUAL ACCESS THEIR COMMUNITY.

Program 3
Expenses: $34,570,845 Revenue: $54,577,387

CHILD & YOUTH HCBS CONSOLIDATED WAIVER CAREGIVER/FAMILY SUPPORTS & SERVICES: TO MAINTAIN INDIVIDUALS UNDER THE AGE OF 21 WITH SERIOUS EMOTIONAL DISTURBANCE (SED) IN THEIR HOMES AND COMMUNITIES WHO...

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CHILD & YOUTH HCBS CONSOLIDATED WAIVER CAREGIVER/FAMILY SUPPORTS & SERVICES: TO MAINTAIN INDIVIDUALS UNDER THE AGE OF 21 WITH SERIOUS EMOTIONAL DISTURBANCE (SED) IN THEIR HOMES AND COMMUNITIES WHO WOULD OTHERWISE BE IN HOSPITAL LEVELS OF CARE BY REIMBURSING FOR NON-TRADITIONAL SERVICES. THIS SERVICE ENHANCES THE INDIVIDUALS ABILITY TO FUNCTION AS PART OF A CAREGIVER/FAMILY UNIT AND ENHANCES THE CAREGIVER/FAMILYS ABILITY TO CARE FOR THE INDIVIDUAL IN THE HOME AND/OR COMMUNITY. SERVICES MAY INCLUDE: INTERACT AND ENGAGE TO OFFER EDUCATIONAL, ADVOCACY, AND SUPPORT RESOURCES TO DEVELOP FAMILYS ABILITY TO INDEPENDENTLY ACCESS COMMUNITY SERVICES AND ACTIVITIES; MAINTAIN AND ENCOURAGE SELF-SUFFICIENCY IN CARING FOR THE INDIVIDUAL IN THE HOME AND COMMUNITY, AND EDUCATE AND TRAIN THE CAREGIVER UNIT ON RESOURCE AVAILABILITY SO THAT THEY MIGHT BETTER SUPPORT AND ADVOCATE FOR THE NEEDS OF THE CHILD AND APPROPRIATELY ACCESS NEEDED SERVICES.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $192,999,848
Investment Income $1,907,704
Other Revenue $610,639
TOTAL REVENUE $195,518,191

Expense Breakdown

Grants Paid $0
Salaries & Benefits $106,462,882
Fundraising Expenses $0
Program Expenses $179,595,412
Other Expenses $82,688,049
TOTAL EXPENSES $189,150,931

Year-over-Year Comparison

2024 2023 Change
Revenue $195,518,191 $175,285,751 +0.1%
Expenses $189,150,931 $179,617,233 +0.1%
Net Income $6,367,260 $-4,331,482 -2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
4391
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
4
$1,067,911
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOSHE COHN PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID KOHN VICE PRESIDE 1.00
Officer Director
$0 $0 $0
JONAS HOFFMAN MEMBER 1.00
Director
$0 $0 $0
JOEL RUBIN MEMBER 1.00
Officer Director
$0 $0 $0
TZVI WERTHEIMER EXECUTIVE DI 40.00
Officer
$983,734 $84,177 $1,067,911
ABRAHAM SOLOMON CLINIC DIREC 40.00
Highest
$592,679 $67,391 $660,070
NAFTALI TESSLER CHEIF OF STA 40.00
Highest
$493,441 $70,889 $564,330
ISRAEL J GREENZWEIG CONTROLLER 40.00
Highest
$425,626 $70,374 $496,000
YEHUDA SPANGELET DAY SERVICE 40.00
Highest
$407,780 $40,123 $447,903
SIGMUND BUXBAUM DIRECTOR OF 40.00
Highest
$401,164 $69,251 $470,415
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
2025 $195,518,191 $189,150,931 $180,328,352 $6,367,260
2024 No data No data No data No data
2023 $184,873,181 $165,480,357 $166,657,009 $19,392,824
2022 $152,132,549 $121,067,560 $76,373,861 $31,064,989
2021 $75,293,470 $67,385,095 $37,989,736 $7,908,375
2020 $43,146,460 $40,012,524 $26,767,860 $3,133,936
2019 $25,321,802 $24,123,323 $18,104,301 $1,198,479
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