FRIENDS OF KIRYAS JOEL COMMUNITY ROOM INC (EIN 261282863) - Form 990 Financial Analysis & Trantor Score

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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

2007

Legal Domicile

Principal Officer

LIPA KLEIN

Phone

8452488595

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF KIRYAS JOEL COMMUNITY ROOM INC, founded in 2007, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 167% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 4% surplus.

Mission

FRIENDS OF KIRYAS JOEL COMMUNITY ROOM INC. WAS FOUNDED FOR THE PURPOSE OF PROVIDING COMMUNITY CENTERS FOR THE BENEFIT OF THE RESIDENTS OF THE VILLAGE OF KIRYAS JOEL. IN PARTICULAR, SERVING LOW AND MODERATE INCOME HOUSING DEVELOPMENTS IN THE GREATER ORANGE COUNTY, NY SURROUNDING AREAS. ACTIVITIES INCLUDE BUT ARE NOT LIMITED TO, MANAGE, CONSTRUCT, RENOVATE, PROVIDE FINANCIAL GRANTS, AND ACTUAL CONSTRUCTION OF THESE CENTERS. THE COMMUNITY CENTERS AND ROOMS ARE DESIGNED TO PROVIDE COMFORT TO THOSE COMMUNITIES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,219,207

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,219,207

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,163,534

Other Expenses $1,169,439

TOTAL EXPENSES $1,169,439

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,219,207	$456,535	+1.7%
Expenses	$1,169,439	$347,555	+2.4%
Net Income	$49,768	$108,980	-0.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MOISHE GRUBER	DIRECTOR	0.50	Director	$0	$0	$0
LIPA KLEIN	DIRECTOR	10.00	Director	$0	$0	$0
HERMAN ROSENFELD	DIRECTOR	0.50	Director	$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	$1,219,207	$1,169,439	$313,726	$49,768
2022	$456,535	$347,555	$272,704	$108,980
2021	$333,679	$241,175	$183,612	$92,504
2018	$300,000	$257,821	$120,599	$42,179

FRIENDS OF KIRYAS JOEL COMMUNITY ROOM INC