RECHAV LEV INC

EIN: 471084229 501(c)(3) Unknown

BROOKLYN, NY

Total Revenue
$5,977
Total Expenses
$13,648
Total Assets
$87,971
Net Assets
$87,971
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
PERI HERSKOVIC
Phone
7184145555
Tax Period
2021-01-01 to 2021-12-31

RECHAV LEV INC, founded in 2014, is a micro nonprofit in the Unknown sector that reported $6K in total revenue in fiscal year 2021. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $14K exceeded revenue, resulting in a 128% operating deficit.

Mission

The organization collects and distributes children's clothing and raises funds and awareness about canavan disease.

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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 (2021)

Revenue Breakdown

Contributions & Grants $5,977
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,977

Expense Breakdown

Grants Paid $5,663
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,023
Other Expenses $7,985
TOTAL EXPENSES $13,648

Year-over-Year Comparison

2021 2020 Change
Revenue $5,977 $48,842 -0.9%
Expenses $13,648 $709,739 -1.0%
Net Income $-7,671 $-660,897 -1.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Pearl Herskovic Chairman 8.00
Director
$0 $0 $0
Gail Rosenzweig Secretary 8.00
Director
$0 $0 $0
Simcha Herskovic Director 1.00
Director
$0 $0 $0
Chaim Herskovic Director 1.00
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
2021 $5,977 $13,648 $87,971 $-7,671
2020 $48,842 $709,739 $95,641 $-660,897
2019 $301,985 $134,025 $758,264 $167,960
2018 $510,574 $722,383 $588,978 $-211,809
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