KEREN OTZAR HACHAIM INC

EIN: 274529652 501(c)(3) Education

WOODMERE, NY

Total Revenue
$508,733
Total Expenses
$671,806
Total Assets
$113,600
Net Assets
$113,600
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
ARIEL EDELSTEIN
Phone
9176857315
Tax Period
2024-01-01 to 2024-12-31

KEREN OTZAR HACHAIM INC, founded in 2011, is a small nonprofit in the Education sector that reported $509K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $672K exceeded revenue, resulting in a 32% operating deficit.

Mission

TO FURTHER RELIGIOUS JEWISH EDUCATION FOR CHILDREN AND YOUNG ADULTS IN ISRAEL BOTH DIRECTLY, BY USING ADVANCED EDUCATION METHODS, AND INDIRECTLY, BY SUPPORTING THE DEVELOPMENT OF FUTURE TEACHERS BY SUBSIDIZING THEIR EDUCATION AND TRAINING, AS WELL AS GRANTS TO OTHER ORGANIZATIONS AND INTEREST FREE LOANS TO QUALIFYING INDIVIDUALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $508,733
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $508,733

Expense Breakdown

Grants Paid $670,625
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $670,625
Other Expenses $1,181
TOTAL EXPENSES $671,806

Year-over-Year Comparison

2024 2023 Change
Revenue $508,733 $691,908 -0.3%
Expenses $671,806 $696,526 0.0%
Net Income $-163,073 $-4,618 +34.3%
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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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARIEL EDELSTEIN PRESIDENT & N/A
Officer Director
$0 $0 $0
EVAN GERVIS VICE PRESIDE N/A
Officer Director
$0 $0 $0
MARK NAKASH SECRETARY 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
2024 $508,733 $671,806 $113,600 $-163,073
2023 $691,908 $696,526 $276,673 $-4,618
2022 $655,852 $532,436 $281,291 $123,416
2020 $988,797 $569,779 $569,066 $419,018
2019 $429,339 $686,403 $150,048 $-257,064
2018 $338,148 $378,917 $407,112 $-40,769
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