MASBIA OF FLATBUSH (EIN 271209610) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

ALEXANDER RAPAPORT

Phone

7189724446

Tax Period

2023-07-01 to 2024-06-30

MASBIA OF FLATBUSH, founded in 2009, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $1.9M left a modest 4% surplus.

Mission

THE MASBIA SOUP KITCHEN NETWORK PROVIDES EMERGNECY FOOD FREE OF CHARGE TO PEOPLE IN NEED DUE TO FINANCIAL STATUS OR BECAUSE OF NATURAL DISASTERS VIA READY-TO-EAT NUTRITIOUS MEALS AND RAW GROCERIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,974,932

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,974,932

Expense Breakdown

Grants Paid $0

Salaries & Benefits $187,600

Fundraising Expenses $92,435

Program Expenses $1,583,341

Other Expenses $1,717,521

TOTAL EXPENSES $1,905,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,974,932	$2,854,941	-0.3%
Expenses	$1,905,121	$2,799,306	-0.3%
Net Income	$69,811	$55,635	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

1000

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
BARRY GLICK	TREASURER	N/A	Officer Director	$0	$0	$0
LOIS HALBER	DIRECTOR	N/A	Director	$0	$0	$0
YOSEF KATZ	CHAIRSPERSON	N/A	Director	$0	$0	$0
NEIL KITAINIK	DIRECTOR	N/A	Director	$0	$0	$0
YECHIEL LANDAU	DIRECTOR	N/A	Director	$0	$0	$0
MORDECHAI MANDELBAUM	DIRECTOR	N/A	Director	$0	$0	$0
ALEXANDER RAPAPORT	EXECUTIVE DI	N/A	Officer 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
2025	No data	No data	No data	No data
2024	$1,974,932	$1,905,121	$59,160	$69,811
2023	$2,854,941	$2,799,306	$47,443	$55,635
2022	$6,502,622	$6,622,854	$10,126	$-120,232
2021	$5,156,800	$5,225,550	$14,394	$-68,750
2020	$2,451,336	$2,484,796	$52,495	$-33,460
2019	$1,004,984	$990,861	$1,781	$14,123
2018	$1,215,035	$1,131,302	$14,130	$83,733

MASBIA OF FLATBUSH