CHAZAK

EIN: 371972043 501(c)(3) Youth Development

NEW YORK, NY

Total Revenue
$3,151,666
Total Expenses
$3,446,940
Total Assets
$1,675,200
Net Assets
$1,671,972
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NY
Principal Officer
REUBEN IBRAGIMOV
Tax Period
2023-01-01 to 2023-12-31

CHAZAK, founded in 2020, is a community nonprofit in the Youth Development sector that reported $3.2M in total revenue in fiscal year 2023. Revenue surged 80% from the prior year, signaling strong growth momentum.

Mission

Chazak is a global Jewish organization that inspires, equips, and unites young people through the profound wisdom of the Torah and the rich Sephardic heritage. Within our diverse community, we strive to foster fulfilling lives and impactful leadership. Our initiatives are founded on our core values of education, leadership, and community, and we provide in-depth exploration of Jewish traditions and the Sephardic ethos. Our initiatives go beyond borders, including retreats and trips all over the world, fostering cultural exchange, and promoting a better understanding of our common heritage. We remain committed to our mission of developing leaders, fostering unity, and ensuring a vibrant future for the Sephardic Jewish community and the world at large.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,151,666
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,151,666

Expense Breakdown

Grants Paid $71,300
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,256,877
Other Expenses $3,375,640
TOTAL EXPENSES $3,446,940

Year-over-Year Comparison

2023 2022 Change
Revenue $3,151,666 $1,753,741 +0.8%
Expenses $3,446,940 $1,171,320 +1.9%
Net Income $-295,274 $582,421 -1.5%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REUBEN IBRAGIMOV COO 10.00
Officer
$0 $0 $0
SHLOMO FARHI Chairman 15.00
Officer
$0 $0 $0
MOSHE LEVY Executive Dir. 5.00
Officer
$0 $0 $0
LAWRENCE HAJJOFF Director 5.00
Officer
$0 $0 $0
YITSY DAVID Director 5.00
Officer
$0 $0 $0
ARI BENSOUSSAN Director 5.00
Officer
$0 $0 $0
MEIR SULTAN Director 5.00
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 $3,151,666 $3,446,940 $1,675,200 $-295,274
2022 $1,753,741 $1,171,320 $1,984,101 $582,421
2021 $1,739,458 $354,632 $1,384,826 $1,384,826
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CHAZAK with other nonprofits in New York and across the country.