NJ HAND INC (EIN 300148129) - 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

2003

Legal Domicile

Principal Officer

SHMUEL LEFKOWITZ

Phone

7323676090

Tax Period

2023-01-01 to 2023-12-31

NJ HAND INC, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $526K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $677K exceeded revenue, resulting in a 29% operating deficit.

Mission

DEVELOP AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES

🔒

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 $4,500

Program Service Revenue $522,177

Investment Income $-260

Other Revenue $0

TOTAL REVENUE $526,417

Expense Breakdown

Grants Paid $0

Salaries & Benefits $55,498

Fundraising Expenses $0

Program Expenses $633,450

Other Expenses $621,030

TOTAL EXPENSES $676,528

Year-over-Year Comparison

	2023	2022	Change
Revenue	$526,417	$484,898	+0.1%
Expenses	$676,528	$578,861	+0.2%
Net Income	$-150,111	$-93,963	+0.6%

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

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

$162,720

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHELDON LANDMAN	ASSISTANT VP	50.00	Officer	$162,720	$0	$162,720
GERSHON BIEGELEISEN	DIR.	1.00	Director	$0	$0	$0
GAVRIEL BODENHEIMER	SECTY/TREAS.	1.00	Director	$0	$0	$0
MEYER GRUNHUT	DIR.	1.00	Director	$0	$0	$0
ABE PENZER	DIR.	1.00	Director	$0	$0	$0
SHMUEL LEFKOWITZ	PRES.	20.00	Officer	$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	$526,417	$676,528	$25,160,133	$-150,111
2022	$484,898	$578,861	$17,003,704	$-93,963
2021	$3,634,602	$541,683	$10,990,888	$3,092,919
2020	$414,554	$505,658	$16,288,103	$-91,104
2019	$1,373,430	$648,169	$7,182,612	$725,261
2018	$213,803	$577,785	$10,014,227	$-363,982

NJ HAND INC