Vaad Hatmimim Haolami INC

EIN: 455122325 501(c)(3) Religion

Brooklyn, NY

Total Revenue
$1,517,502
Total Expenses
$1,400,292
Total Assets
$710,934
Net Assets
$-376,824
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
Tzvi Altein
Phone
7187719674
Tax Period
2023-01-01 to 2023-12-31

Vaad Hatmimim Haolami INC, founded in 2012, is a community nonprofit in the Religion sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 8% surplus.

Mission

To enhance the Religious observance of students of the Chabad movement, known as Tmimim, and to enhance their awareness of the Religious teachings and customs of the Lubavitcher Rebbe, Rabbi Menachem M. Schneersohn, primarily by organizing religious gatherings in conjunction with each of the holidays celebrated by the Chabad Chassidic Jews, during

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,517,502
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,517,502

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,319
Fundraising Expenses $10,359
Program Expenses $1,167,436
Other Expenses $1,344,973
TOTAL EXPENSES $1,400,292

Year-over-Year Comparison

2023 2022 Change
Revenue $1,517,502 $1,110,615 +0.4%
Expenses $1,400,292 $1,267,564 +0.1%
Net Income $117,210 $-156,949 -1.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
2
Employees
6
Volunteers
8

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
2
$45,862
Total Directors
3
$45,862
Key Employees
2
$45,862
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tzvi Altein President 30.00
Officer Director Key Emp
$12,000 $33,862 $45,862
Yosef Kamman Treasurer 5.00
Officer Director Key Emp
$0 $0 $0
Joseph Chaim Kantor Director 5.00
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 $1,517,502 $1,400,292 $710,934 $117,210
2022 $1,110,615 $1,267,564 $700,820 $-156,949
2021 $1,038,242 $1,090,117 $29,443 $-51,875
2020 $568,706 $576,321 $10,315 $-7,615
2019 $1,012,219 $1,036,496 $6,567 $-24,277
2018 $728,153 $785,044 $6,299 $-56,891
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