LEV ECHAD INC

EIN: 811447687 501(c)(3) Philanthropy & Grantmaking

ENGLEWOOD, NJ

Total Revenue
$873,382
Total Expenses
$719,534
Total Assets
$155,426
Net Assets
$155,426
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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
2016
Legal Domicile
NY
Principal Officer
DR CHAGIT HADAR
Phone
5168492533
Tax Period
2023-01-01 to 2023-12-31

LEV ECHAD INC, founded in 2016, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $873K in total revenue in fiscal year 2023. The organization ran a surplus of $154K, a strong 18% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO RAISE MONEY FOR NEEDY ISRAELI SOLDIERS TO BUY EQUIPMENT THAT THEY NEED AND TO GIVE FINANCIAL SUPPORT FOR SOLDIERS. THE GOAL IS ALSO TO BRING DELEGATIONS OF ISRAELI SOLDIERS TO AMERICA TO PROMOTE THE GOOD WORK OF THE ARMY IN PROTECTING THE COUNTRY.

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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 $873,382
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $873,382

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $719,534
Other Expenses $719,534
TOTAL EXPENSES $719,534

Year-over-Year Comparison

2023 2022 Change
Revenue $873,382 N/A N/A
Expenses $719,534 N/A N/A
Net Income $153,848 $0 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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR CHAGIT HADAR PRESIDENT 5.00
Officer
$0 $0 $0
ISRAEL HADAR DIRECTOR 5.00
Officer
$0 $0 $0
YEHONATAN HADAR 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 $873,382 $719,534 $155,426 $153,848
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