HACHAM BARUCH MEMORIAL FOUNDATION I

EIN: 611751690 501(c)(3) Arts, Culture & Humanities

LAKEWOOD, NJ

Total Revenue
$110,447
Total Expenses
$96,563
Total Assets
$51,149
Net Assets
$14,749
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NJ
Principal Officer
ALBERT E BETESH
Tax Period
2020-01-01 to 2020-12-31

HACHAM BARUCH MEMORIAL FOUNDATION I, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $110K in total revenue in fiscal year 2020. Expenses of $97K left a modest 13% surplus.

Mission

TO PERPETUATE THE MEMORY OF RABBI BARUCH BEN HAIM BY DISSEMINATING HIS TEACHINGS AND LECTURES THROUGH BOOK PUBLICATION, AND SPONSOR LEARNING PROGRAMS IN JEWISH SCHOOLS AND OTHER VENUES THAT PROMOTE AWARENESS OF THE GREAT RABBI AND HIS TEACHINGS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $110,234
Program Service Revenue $213
Investment Income $0
Other Revenue $0
TOTAL REVENUE $110,447

Expense Breakdown

Grants Paid $7,200
Salaries & Benefits $0
Fundraising Expenses $4,898
Program Expenses $81,890
Other Expenses $89,363
TOTAL EXPENSES $96,563

Year-over-Year Comparison

2020 2019 Change
Revenue $110,447 N/A N/A
Expenses $96,563 N/A N/A
Net Income $13,884 N/A N/A
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALBERT E BETESH TRUSTEE 10.00
Director
$0 $0 $0
YISRAEL PARNES TRUSTEE 1.00
Director
$0 $0 $0
MOSHE RUBIN TRUSTEE 1.00
$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
2020 $110,447 $96,563 $51,149 $13,884
2018 $57,563 $73,934 $380 $-16,371
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